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You can invest as little as $1,000 in every property which means you can develop a portfolio of different land types and in different regions for that diversification. In addition, you get professional management of the jobs. The project owners send all equity or debt payouts through 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's still that natural demand from homeowners and business users so that supports costs.

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I surveyed property crowdfunding sites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I enjoy investing on more than one platform since it gives me access to as many deals as you can. .

Subscribers to the channel have probably already seen the movies on our next passive income idea, 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 this and it's so straightforward. In reality, self-publishing is a natural fit for bloggers since youre already writing the material. 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 each book and you can produce a new book every few months when youre really concentrated. The best part about self-publishing is that once you have it published on Amazon, theres almost nothing left to do. I spend about $20 per month on advertising for each publication and thats it. .

If youre doing a novel every 2 months, youll have your own $ 5,000 a month in just over two years and 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 reserved returns just under 10%. Now that might not sound great against double-digit stock returns but its double what you get from other fixed-income investments.

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Investing in loans is nothing new. In reality, I guarantee you 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 next just under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 a month but even a little 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 the sites automated investing instrument. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day which meet those factors and mechanically invest your money. Its important as 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 might 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 notion 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 idea.

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

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

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