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

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

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I surveyed property 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 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 notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 novels that averaged $1,857 per month last year.

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

If youre doing a book every 2 months, youll have your $5,000 a month in only over two years and now thats going to be consistent income each month even if you stop writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few 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 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 calendar year so youll need navigate to these guys quite a bit invested to create that $5,000 a 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 great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites automated investing tool. You decide on the standards 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 automatically invest your money. Its important as youre collecting money on your loan investments every day 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 might only check in on my account once a 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 website is promoted as a crowdfunding website 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 provides you the opportunity to acquire patrons to your own works. You build a community of people interested in your job, another use of a site that will double-duty you can find out more with this passive income strategy, and then request them to make contributions every time you produce something. .

Now patrons dont come away empty-handed, you offer rewards and copies of this job. So to get a writer, you could offer copies of your books. You can promise to thank patrons on your blog or to promote something of theirs in the future.