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

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

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I like investing on more than one stage since 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 books that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do so and it is really easy. In reality, self-publishing is a natural fit for bloggers since youre already writing the content. All you have 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 every book and you can produce a new book every few months if youre really focused. The best thing about self-publishing is that once you have 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 two months, youll have your own $ 5,000 per month in just over two decades and now thats going to become consistent income each month even if you give up 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 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 most important 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 calendar year so youll need quite 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 your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated investing instrument. 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 fulfill those factors 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 automatic investing tool check that on Lending Club makes the investment completely passive. I could only check in on my account once a 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 called Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle idea.

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

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So now the website Patreon gives you the opportunity to acquire patrons to your own works. You build a community of people interested in your job, another use of a blog that does double-duty with this passive income strategy, and then ask them to make contributions every time you produce something. .

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