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You can invest as little as $1,000 in every property that means that you can develop a portfolio of different property types and in different regions for this diversification. You also get professional management of the jobs. The job owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate costs may follow 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 researched property crowdfunding websites on returns and found that debt investments average around 9% whilst 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 since it provides me access to as many deals as you can. .

Subscribers to the channel have likely already seen the movies 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 per month last year.

Before you think you cant write a book, anyone can do so and it's really easy. In reality, self-publishing is a natural match for bloggers because youre already writing the content. All you need 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 book and you can generate a new book every couple of months if youre really focused. The very best thing 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 publication and thats it. .

So if youre doing a novel every two months, youll have your $5,000 per month in only over two decades and now thats going to become 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 couple of 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 already 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 every $10,000 invested. Now thats a year so youll need a bit invested to make that $5,000 a month but even a small portfolio will constantly be putting money in your account. You receive 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 your sites automated investing tool. You pick 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 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 automatic investing instrument on Lending Club gets the investment entirely passive. I might 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 secure and passive return.

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

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 site Patreon provides you the opportunity to get patrons to your own works. You construct a community of people interested in your work, another usage of a blog that will double-duty for this passive income strategy, and then ask them to make contributions each time you create something. .

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