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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 the projects. The project owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term market hiccups shouldnt impact them. Real estate prices may occur after the economy a little 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% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives me access to as many deals as possible. .

Clients to the channel have likely already seen the videos on our next passive income idea, 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 so and it is really easy. In fact, self-publishing is a natural match for bloggers since youre already writing this content. 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 per month on every publication and you can generate a new book every few months when youre really concentrated. The best part about self-publishing is that once you have it printed on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for each book and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in just over two years and thats going to become consistent income each 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 booked returns only under 10%. Now that might 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 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 money flow so their biggest 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 quite a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting cash in your account. You get paid principal and interest Visit Your URL monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your sites automated investing tool. You decide on the standards for loans in which you want to invest and the program does the rest. It will search for loans daily that fulfill those factors and mechanically invest your money. Its important because 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 tool on Lending Club gets the investment completely passive. I could only check in on my account once per month or even less 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 called Patreon. The website is encouraged 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 work hundreds of years ago. Back during the renaissance, artists used to ask the wealthy to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to acquire patrons for your own works. You build a community of people interested in your job, another use of a site that does double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

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