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You can invest as little as $1,000 in every 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 those jobs. The project owners send all debt or equity payouts through the system and it has passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt affect them. Real estate prices may follow the economy somewhat but there is still that natural demand from homeowners and business customers so that affirms costs.

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform since it gives me access to as many deals as possible. .

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

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

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

If youre doing a novel every 2 months, youll have your own $ 5,000 per month in only over two years and 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 years now and have booked returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its dual everything you get from other fixed-income investments.

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

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

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

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The automatic investing tool on Lending Club makes the investment entirely passive. I might only check in on my account once per 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 idea is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years back. 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 provides you the opportunity to get patrons for your own works. You click to find out more build a community of individuals interested in your work, another usage of a blog that does double-duty with 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 rewards and copies of this job. So to get a writer, you might offer copies of your books. You can promise to thank patrons on your site or to promote something of theirs in the future.