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You can invest as little as $1,000 in each property which means that you can develop a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the projects. The project owners send all equity or debt payouts through the platform and it has passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate prices may occur after the economy a little but there's still that natural demand from homeowners and business customers so that affirms prices.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one platform since it provides me access to as many deals as you can. .

Subscribers 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 this past year.

Before you think you cant write a book, anyone can do this and it is really straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing this content. All you have 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 if youre really concentrated. The very best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend about $20 a month on advertising for each book and thats it. .

So if youre doing a book every two months, youll have your $5,000 a month in just over two decades and now thats going to become consistent income every month even in the event that you stop writing.

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

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Investing in loans is nothing new. In reality, I guarantee you already have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable cash flow so their most important 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 calendar year so youll need quite a bit invested to create that $5,000 per month but even a little portfolio will constantly be putting cash in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

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

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The automatic investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once a month or even less often. I know that app is going to keep investing my money for a stable and passive return.

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

Patreon is actually how the arts used he said to operate hundreds of years ago. Back during the renaissance, artists used to ask the wealthy for their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You construct a community of people interested in your work, another usage of a site that will double-duty for this passive income plan, and then request them to make contributions each time you create something. .

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