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You can invest as little as $1,000 in each property which means you can build up a portfolio of different property types and in different areas for that 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 jobs, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy a little but there's still that natural demand from homeowners and business customers so that affirms costs.

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I surveyed property 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 enjoy investing on more than one platform because it provides 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 have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a book, anyone can do so and it is really easy. In fact, self-publishing is a natural fit for bloggers since youre already writing this material. 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 publication and you can produce a new book every couple of months when 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 roughly $20 per month on advertising for each book and thats it. .

So if youre doing a book every two months, youll have your $5,000 per month in just over two decades and now thats going to become consistent income every month even in the event that you give up 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 just under 10%. Now that may not sound great against double-digit stock returns but its dual everything you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, 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 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 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 enjoy 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 meet those variables and automatically invest your money. Its important as youre collecting money on your loan investments every day so you want 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 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 website is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

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

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So now the site Patreon gives you the opportunity to acquire patrons for your own works. You build a community of individuals interested in your job, another use of a site that does you can check here double-duty for this passive income plan, and then request them visit this web-site to make contributions every time you create something. .

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

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