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

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy somewhat but there's 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% while 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 possible. .

Subscribers to the channel have probably already seen the movies on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 a month this past year.

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

So if youre doing a book every two months, youll have your own $ 5,000 per month in just over two years and thats going to become consistent income every month even if you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved 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 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 most important 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 year so youll need a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting money in your account. You receive Visit Your URL 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 tool. 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 that meet those variables and mechanically 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 gets the investment entirely 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 known as Patreon. The website is promoted as a crowdfunding website for creative people like artists and writers Residual Income Ideas in Guam but its for anyone with a side-hustle notion.

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

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

Now patrons dont come off empty-handed, you offer rewards and copies of the work. So to get a writer, you could offer copies of your books. You can promise to publicly thank patrons on your blog or to market something of theirs in the long run.