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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 this diversification. You also get professional management of those jobs. The job owners send all equity or debt payouts throughout the platform and it gets passed on to investors. .

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

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I surveyed property crowdfunding sites 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 platform because it gives me access to as many deals as possible. .

Clients to the channel have likely already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 a month last year.

Before you think you cant write a novel, anyone can do this and it is really easy. In fact, self-publishing is a natural fit for bloggers because youre already writing this 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 each publication and you can produce a new book every couple of months if youre really concentrated. The best part about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $20 a month on advertising for each book and thats it. .

If youre doing a novel every 2 months, youll have your $5,000 a month in just over two years and now thats going to become 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 years now and have booked returns only under 10%. Now that may not sound great against double-digit stock returns but a fantastic read its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, 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 money 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 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 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 the websites automated investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will search for loans daily that meet those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want to have that money reinvested as soon as possible. .

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The automated investing instrument on Lending Club makes the investment completely passive. I read what he said might 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 idea is another twist on crowdfunding known as Patreon. The site is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is really how the arts used to operate hundreds of years back. Back during the renaissance, artists utilized 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 opportunity to get patrons for your own works. You build a community of individuals interested in your job, another use of a blog that will double-duty with this passive income strategy, and then request them to make contributions published here each time you create something. .

Now patrons dont come away empty-handed, you offer benefits 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 long run.