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You can invest as little as $1,000 in each property that means that you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of those projects. The project owners send all equity or debt payouts throughout the platform and it has passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there is still that natural demand from homeowners and commercial customers so that affirms prices.

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

Clients to the channel have probably already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 books 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 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 a month on each publication and you can generate a new book every few months if youre really focused. The best part about self-publishing is that once you get it printed on Amazon, theres nothing left to perform. I spend roughly $20 per month on advertising for every book and thats it. .

So if youre doing a novel every 2 months, youll have your own $ 5,000 a month in only over two decades and now thats going to be consistent income every month even if you give up writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of decades now and have booked returns only under 10%. Now that might not sound fantastic against double-digit stock returns but its double what 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 that 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 each $10,000 invested. Now thats a year so youll need a bit invested to make that $5,000 per month but even a small 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 websites automated investing instrument. You pick the standards for loans in which you want to invest and the program does the rest. It will search for loans every day which fulfill those variables and mechanically invest your money. Its important because 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 tool on Lending Club gets the investment completely passive. I could only check in on my account once per month or even less internet often. I know that program 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 site for creative people like artists and writers but really 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 used 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 to your own works. You build a community of individuals interested in your work, another usage of a blog that will double-duty for this passive income plan, and then request them to make contributions each time you create something. .

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