The 9-Minute Rule for Passive Income In Philippines - Passive Income Ideas
The biggest key to success in this passive income source though, is to just get started. There are factors like website age that play into getting ranked on Google and the sooner you get started, the better.
You can start your website for less than $5 a month with Blue Host and spend just a couple of hours every week to build it while you wait for it to start 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 money to start your own blog. I had been making a grand a month off my sites within a year of launching even if your blog isnt big enough to replace your job, a grand per month is still fairly nice to get a mostly passive income source. .
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I talked about this next passive income notion in a recent video on the five investments that helped me earn money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within 2 weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I reveal the four secrets I learned over 20 years as a property investor. Four steps to choose that will guarantee your success! Watch the video here on YouTube.
I started 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 asset has created as much long-term wealth as property.
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There are a couple 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 many investors can create a portfolio of different property types and in different regions to protect from those dangers when you've got all of your money in just one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it holds a collection of properties but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property exposure. .
The 5-Minute Rule for Passive Income In Philippines - Passive Income Ideas
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 obtained or managed around $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 which means you can develop a portfolio of different property types and in different regions for this diversification. In addition, you get professional management of the projects. The project owners send all equity or debt payouts through the system and it has passed additional resources 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 business customers so that supports costs.
I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property 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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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 Passive Income In Philippines have 10 novels that averaged $1,857 a month this past year.
Before you think you cant write a novel, anyone can do this and it's really easy. In reality, 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 publication for another income source.
Im making an average of $185 a month on every publication and you can produce a new book every couple of months when youre really concentrated. The best thing about self-publishing is that once you have it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .