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You can invest as little as $1,000 in every property which means that you can build up a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of the 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 market hiccups shouldnt affect them. Real estate prices may follow the economy a little but there is still that natural demand from homeowners and commercial users so that supports prices.

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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 enjoy investing on more than one platform since it gives me access to as many deals as possible. .

Clients 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 a month this past year.

Before you think you cant write a book, anyone can do so and it is really easy. In fact, self-publishing is a natural fit 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 each book and you can generate a new book every few months when youre really focused. The best part about self-publishing is that once you have it printed on Amazon, theres nothing left to do. I spend roughly $20 per month on advertising for every publication and thats it. .

So 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 each month even in the event that you give up 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 only under 10%. Now that might not sound great 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 via any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important 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 a month but even a little portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is the sites 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 which meet those variables and mechanically invest your money. Its important as youre collecting money on your loan investments every day so 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 less often. I know that app is going read here 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 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 used to ask the wealthy for their patrons to support their work through regular contributions.

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

Now patrons dont come away empty-handed, you provide rewards and copies of the job. So for a writer, you might offer copies of your books. You could promise to thank patrons on your blog or to market something of theirs in the future.