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You can invest as little as $1,000 in each property which 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 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 business users so that affirms costs.

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15% annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one platform because it gives me access to as many deals as possible. .

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 have 10 novels that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do so and it is so easy. In reality, self-publishing is a natural match for bloggers since youre already writing the material. 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 every publication and you can generate a new book every few months when youre really concentrated. The very best thing about self-publishing is that once you get it published on Amazon, theres nothing left to perform. I spend roughly $20 a month on advertising for every book and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 a month in just over two decades and now thats going to become 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 just under 10%. Now that may not sound great 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 reality, I guarantee you already 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 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 year so youll need quite a bit invested to create that $5,000 a month but even a small portfolio will constantly be putting cash you can find out more in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

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

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The automatic investing tool on Lending Club gets the investment entirely passive. I could 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 secure and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The website is encouraged as a review crowdfunding website for creative people like artists and writers but really its own for anyone with a side-hustle idea.

Patreon is really 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 provides you the opportunity to get patrons for your own works. You construct a community of individuals interested in your job, another usage of a site that does double-duty with this passive income plan, and then request them to make contributions every time you create something. .

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