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

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

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform since it provides 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 have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do this and it is so easy. In reality, self-publishing is a natural match for bloggers since youre already writing the 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 a month on each book and you can produce a new book every couple of months if youre really concentrated. The very best thing about self-publishing is that once you get it published on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for each book and thats it. .

So if youre doing a novel every 2 months, youll have your $5,000 a month in just over two years and now thats going to be consistent income every month even if you give up 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 reserved returns just under 10%. Now that might 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 through any pension plan or insurance. You see banks sell their loans to investors who 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 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 cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing tool. You pick the standards for loans in which you want to invest and the program does the rest. It will search for loans daily that fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment entirely 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 site is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists used to ask the rich my explanation for their patrons to support their work through regular contributions.

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So now the site Patreon provides you check my reference the opportunity to acquire patrons to your own works. You construct a community of people interested in your work, another use of a blog that does double-duty for this passive income strategy, and then ask them to make contributions each time you produce something. .

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