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I began my own sites in December 2014 and broke $5,000 per month just a couple of decades after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is going to require work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build up an asset that now creates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time away. .

Now Im working on a movie to talk about five secrets for starting a website that Ive learned within the previous four years out of how to boost traffic to the easiest ways to make money so be sure to subscribe to the channel so you dont miss it when it comes outthere. .

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The biggest secret to success in this passive income source though, is to simply get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.

You can begin your site for less than $5 per month with Blue Host and spend just a few hours every week to build it while you wait for it to begin producing that income you can count on.

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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the excess cash to start your own blog. I was making a grand a month away from my sites within a year of launching so even if your site isnt big enough to replace your work, a grand a month remains fairly nice to get a mainly passive income resource. .

I talked about this next passive income idea in a recent video on the five investments that let me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 months I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in property investing Check out this video where I show the four keys I learned over 20 years as a property investor. Four steps to choose that will guarantee your success! See the video below on YouTube.

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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 property.

There are a couple problems with direct investment in real estate though. Its expensive to buy even a single property, a this post 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 shield from these risks when you've got all your money in only one or two investments. .

StREITwise provides a Related Site hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it retains a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to increase your real estate exposure. .

The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this 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 land and across all property types.

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So real estate crowdfunding is just the audience meets property investing. Developers and investors list their properties on a crowdfunding platform that reviews the investment and the project owners. This is a thorough review and find more information only about 5% of those projects ever make it on to the PeerStreet stage which is where I do the majority of my investing. .

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 areas for this diversification. You also get professional management of those projects. The project owners send all debt or equity payouts throughout the platform and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate prices may follow the economy somewhat but there's still that natural demand from homeowners and business customers so that supports prices.