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

Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even when I take a little time off. .

Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the previous four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes outthere. .

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The biggest key to success in this passive income source however, is to just get started. There are factors like site 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 a month using Blue Host and spend just a few hours every week to build it while you wait for it to start producing that income you can count on.

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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess cash to begin your blog. I had been making a grand a month away from my websites within a year of launching even if your site isnt large enough to replace your job, a grand per month remains fairly nice to get a mainly passive income source. .

I spoke about this next passive income idea in a recent video on the five investments that helped me earn money while stocks were crashing. Bear in mind thatback in February when the stock here market plunged 10% within two months I came out ahead because I had 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 more than 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch the video here on YouTube.

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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 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 purchase even a single house, a minimum of tens of thousands of look at this website dollars, and theres no way many investors can build a portfolio of different land types and in different regions to shield from these dangers when you've got all of your money in only one or two investments. .

StREITwise provides a 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 possessions but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property exposure. .

The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of the date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed around $5.4 billion in property 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 system that assesses the find investment and the job owners. This is a detailed review and only around 5 percent of those projects ever make it on into the PeerStreet stage that's where I do the majority of my investing. .

You can invest as little as $1,000 in every property that means you can build up a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the jobs. The project owners send all equity or debt payouts throughout 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 follow the economy somewhat but there's still that natural demand from homeowners and business users so that supports prices.