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

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

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% while equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform because it gives me access to as many deals as you can. .

Clients to the channel have likely already seen the videos 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 is so straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing the material. 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 a month on each publication and you can generate a new book every few months when youre really focused. The very best part about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $20 a month on advertising for every book and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in only over two decades and now thats going to become consistent income each 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 few decades now and have booked returns just under 10%. Now that may not sound great 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 site link 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 so about $1,000 on each $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 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 tool. You pick the standards for loans in which you want to invest and the program does the rest. It will look for loans daily which fulfill those variables and automatically invest your money. Its important because youre collecting money on your loan investments daily 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 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 website for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the rich to be 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 to your own works. You construct a community of people interested in your job, another usage of a site that does double-duty for this passive income strategy, and then ask them to make contributions every time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of this work. So for a writer, you could offer copies of your books. You can promise to thank patrons on your site or to market something of theirs in the long run.