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

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

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I surveyed real estate crowdfunding sites on returns and found that debt investments average around 9 percent whilst 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 you can. .

Clients to the channel have likely already seen the movies 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 is really easy. In fact, self-publishing is a natural fit for bloggers because youre already writing the 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 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 every publication and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 per month in just over two years and thats going to be consistent income every 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 years now and have booked returns only under 10%. Now that may not sound fantastic against double-digit stock returns but its dual everything you get from other 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 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 every $10,000 invested. Now thats a calendar year so youll need a bit invested to create 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 fantastic cash flow investment. .

What I like about p2p investing on Lending Club is the websites automated investing instrument. You decide on the standards for loans in which you want to invest and the application does the rest. It will search for loans daily that meet those factors and automatically 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 instrument on Lending Club makes the investment entirely passive. I could only check in on my account once a 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 idea is another twist on crowdfunding known as Patreon. The website is promoted as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle notion.

Patreon link is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the site Patreon gives you the opportunity to acquire patrons to your own works. You construct a community of people interested in your work, another usage of a blog 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 off empty-handed, you offer benefits and copies of the job. So to get a writer, you might offer copies of your own books. You can promise to thank patrons on your blog or to promote something of theirs in the long run.