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You can invest as little as $1,000 in each property which means that you can build up a portfolio of different land types and in different areas for that diversification. In addition, you get professional management of the jobs. The project owners send all equity or debt payouts through the platform and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and business customers so that supports prices.

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I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15% annually. I invest in property 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. .

Subscribers to the channel have probably 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 a month this past year.

Before you think you cant write a book, anyone can do so and it's really 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 book for another income source.

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Im making an average of $185 per month on each book and you can generate a new book every couple of months if youre really concentrated. The best part 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 per month in only over two years and thats going to be consistent income each month even in the event that you stop 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 reserved returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its double everything you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you have money in them via 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 so about $1,000 on each $10,000 invested. Now thats a calendar year so youll need a bit invested to make that $5,000 a 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. .

What I like about p2p investing on Lending Club is your websites automated investing tool. You decide on the criteria for loans in which you want to invest and the application does the rest. It will search for loans every day which fulfill those factors and mechanically invest your money. Its important as youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment entirely passive. I could only check in on my account once per 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 encouraged as a crowdfunding website for creative people like artists and writers but its own 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 for their patrons to support their work through regular contributions.

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So now the site Patreon provides you the website link opportunity to acquire patrons for your own works. You construct a community of people interested in your work, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of the job. 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 long run.