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

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

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

Subscribers to the channel have likely already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also 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's so easy. In reality, self-publishing is a natural match for bloggers since youre already writing this material. 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 a month on every publication and you can generate a new book every few months when 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 a month on advertising for each book and thats it. .

If youre doing a book every 2 months, youll have your $5,000 a month in just over two decades and now thats going to be 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 decades now and have booked returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its double everything you get from other 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 most important 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 why not try these out year so youll need quite a bit invested to make that $5,000 per month but even a little portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

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

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The automatic investing tool on Lending Club gets the investment completely passive. I might only check in on my account once a month or even less often. I know that program is going to keep investing my money for a secure and passive return.

Our next passive income idea is another twist on crowdfunding called Patreon. The website 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 site Patreon gives you the opportunity to get patrons to your own works. You build a community of individuals interested in your job, another use of a blog that does double-duty with this passive income plan, and then ask them to make contributions each time you create something. .

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

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