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You can invest as little as $1,000 in each property which means you can develop a portfolio of different land types and in different areas for this diversification. You also get professional management of those jobs. The project owners send all equity or debt 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 prices may occur after the economy somewhat but there is still that natural demand from homeowners and commercial customers so that supports prices.

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I surveyed property 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 enjoy investing on more than one stage 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 books that averaged $1,857 a month last year.

Before you think you cant write a book, anyone can do this and it's so straightforward. In fact, self-publishing is a natural fit for bloggers because 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 publication and you can produce a new book every couple of months if youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for each publication and thats it. .

So if youre doing a book every two months, youll have your $5,000 per month in only over two decades and now thats going to be consistent income each month even if you stop writing.

Another investment I emphasized 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 may not sound great against double-digit stock returns but its double what you get from other 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 about $1,000 on every $10,000 invested. Now thats a calendar 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 over here Club is the sites automated investing tool. You pick the standards for loans in which you want to invest and the application 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 every day so you want to have 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 more 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 known as Patreon. The site is promoted as a crowdfunding site for creative people like artists and writers but its own for anyone with a side-hustle notion.

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

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

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