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You can invest as little as $1,000 in every property that means that you can build up a portfolio of different property types and in different areas for this diversification. You also get professional management of those projects. The job owners send all debt or equity 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 follow the economy a little but there's still that natural demand from homeowners and commercial customers so that supports costs.

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

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

Before you think you cant write a novel, anyone can do this and it's really straightforward. In fact, self-publishing is a natural fit for bloggers since youre already writing this material. All you have to do is reformat it and turn it into a publication for another income source.

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Im making an average of $185 a month on each book and you can produce a new book every few months if youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every book and thats it. .

If youre doing a novel every two months, youll have your $5,000 a month in only over two decades 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 years now and have booked returns just under 10%. Now that may not sound fantastic against double-digit stock returns but its dual what you get from other 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 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 year so youll need a bit invested to create that $5,000 per 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 websites automated investing tool. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans daily that meet those variables and mechanically invest your money. Its important as 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 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 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 site is encouraged as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to operate hundreds of years ago. Back during the renaissance, artists used to ask the wealthy 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 get patrons for 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 plan, and check my site then ask them to make contributions each time you create something. .

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