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

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

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

Clients to the channel have probably already seen the videos on our next passive income notion, 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 straightforward. In reality, self-publishing is a natural match for bloggers because 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 when youre really focused. The best thing about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a book 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 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 few years now and have reserved returns only 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 through any pension plan or insurance. You see banks sell their loans to investors who 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 each $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 a 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 great cash flow investment. .

What I like about p2p investing on Lending Club is your sites automated investing instrument. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day that meet those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so that you want that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once per month or even less often. I know that program 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 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 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 gives you the opportunity like it to acquire patrons for your own works. You construct a community of people interested in your job, another use of a site that does double-duty for this passive income plan, and then ask them to make contributions every time you produce something. .

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