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I started my own websites in December 2014 and broke $5,000 a month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

Blogging is going to take work starting out. That route to $5,000 per month didnt happen overnight but just like property development, it build up an asset that now creates constant cash flow if 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 video to share five secrets to starting a website that Ive learned over the last four years from how to boost traffic to the easiest ways to earn money so make sure you subscribe to this channel so that you dont miss it when it comes out. .

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

You can begin your website for less than $5 a 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.

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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the excess money to start your own blog. I had been making a grand a month off my sites within a year of launching so even though your blog isnt large enough to replace your job, a grand a month remains pretty nice for a mostly passive income resource. .

I talked about this next passive income notion in a recent video on the five investments which 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 real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in real estate investing Check out discover this info here this video where I show the four keys I learned over 20 years as a property investor. Four steps to take that will guarantee your success! See the movie 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 land.

There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, 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 those risks 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 retains 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 diversify your property exposure. .

The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this date of this 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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So property crowdfunding is just the crowd meets property investing. Developers and investors list their properties on a crowdfunding system which assesses the investment and the project owners. This is a detailed review and only around 5% of those jobs ever make it on into the PeerStreet stage which is where I do the majority of my investing. .

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 that diversification. In addition, you get professional management of those projects. The project owners send all debt or equity payouts through the system and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt impact them. Real estate prices may occur after the economy a little but there is still that natural demand from homeowners and commercial customers so that affirms costs.