The Ultimate Guide To Passive Income In Philippines - Passive Income Ideas
The biggest key to success in this passive income source however, is to just get started. There are variables like website age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your site for less than $5 per month with Blue Host and spend only a few hours a week to build it while you wait for it to begin producing that income you can count on.
Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the extra cash to start your own blog. I was making a grand a month away from my websites within a year of launching so even if your blog isnt big enough to replace your work, a grand per month is still fairly nice for a mostly passive income resource. .
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I spoke about this next passive income notion in a recent video on the five investments which let me make money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within 2 weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this video where I reveal the four keys I learned more than 20 years as a real estate investor. Four measures to choose that can guarantee your success! Watch the movie below on YouTube.
I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so property has always had a special spot in my portfolio. No other advantage has generated as much long-term prosperity as land.
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There are a couple of problems with direct investment in real estate however. Its expensive to buy even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to shield from these dangers when you've got all your money in only one or two investments. .
StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it holds a collection of properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your property exposure. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of the date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in property and across all real estate types.
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You can invest as little as $1,000 in each property that means you can develop a portfolio of different property types and in different regions for that diversification. You also get professional management of those projects. The job owners send all equity or debt payouts throughout the platform and it has passed on to investors. .
Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy a little but there's still that natural demand from homeowners and commercial customers so that supports costs.
I researched real estate crowdfunding websites on returns and found that debt investments average around 9 percent while equity returns average 15 percent annually. I invest in real estate debt on PeerStreet and in debt. I enjoy investing on more than one stage since it gives me access to as many deals as possible. .
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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 a month last year.
Before you think you cant write a book, anyone can do this and it's so easy. In fact, self-publishing is a natural match for bloggers because youre already writing the material. All you need to do is reformat it and turn it into a publication for another income source.
Im making an average of $185 per month on every book and you can produce a new book every couple of months if youre really concentrated. The very best part about self-publishing is that once you get it printed on Amazon, theres almost nothing left to do. I spend roughly $20 a month on advertising for each publication and thats it. .