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You can invest as little as $1,000 in every property that means you can build up a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of those jobs. The job owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

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Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there's still that natural demand from homeowners and commercial customers so that supports costs.

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I researched property crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage because it gives me access to as many deals as possible. .

Clients to the channel have likely already seen the movies on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do so and it's so easy. In reality, self-publishing is a natural fit for bloggers because youre already writing this content. All you need to do is reformat it and turn it into a book for another income source.

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Im making an average of $185 per month on each book and you can generate a new book every couple of months when youre really focused. The very best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to perform. I spend roughly $20 a month on advertising for every publication and thats it. .

So if youre doing a novel every two months, youll have your $5,000 per month in only over two years and thats going to be consistent income every month even if you give up writing.

Another investment I highlighted recently was p2p lending through other Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its double everything you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already have money in them through any pension plan or insurance. You see banks sell their loans to investors that need reliable cash flow so their biggest buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on every $10,000 invested. Now thats a year so youll need a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

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What I like about p2p investing on Lending Club is the websites automated investing tool. You decide on the standards for loans in which you want to invest and the application does the rest. It will look for loans every day that meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want to have that money reinvested as soon as possible. .

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The automated investing tool on Lending Club gets the investment completely passive. I might only check in on my account once a month or even more often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the wealthy to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get patrons for your own works. You construct a community of individuals interested in your job, another usage of a site that does double-duty for this passive income strategy, and then request them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you provide benefits and copies of the work. So to get a writer, you might offer copies of your books. You could promise to thank patrons on your site or to market something of theirs in the future.

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