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I started my own websites in December 2014 and broke $5,000 a month just two decades after. I averaged $5,500 through 2017 and thats not including side hustle 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 real estate development, it build an asset that now generates 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 visitors even if 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 last four years out of how to boost visitors to the easiest ways to make money so be sure to 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 though, is to simply begin. There are factors like website age that play into getting ranked on Google and the sooner you begin, the better.

You can begin your website for less than $5 a month using Blue Host and spend only a few hours a 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 extra money to begin your own blog. I had been making a grand a month away from my sites within a year of launching so even though your site isnt large enough to replace your job, a grand a month is still pretty nice for a mostly passive income source. .

I talked about this next passive income idea in a recent video on the five investments that helped me make money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to get started in property investing Check out this video where I reveal the four secrets I learned over 20 years as a real estate investor. Four steps to choose that can guarantee your success! See useful content the video here 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 real estate has always had a special place in my portfolio. No other asset has generated as much long-term prosperity as property.

There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different land types and in different regions to protect from these risks 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 similar to 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 increase your real estate 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 that have obtained or managed over view it $5.4 billion in land and across all property types.

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So real estate crowdfunding is merely the audience meets real estate investing. Developers and investors list their properties on a crowdfunding system that reviews the investment and the project owners. This is a detailed review and only about 5% of those jobs ever make it on to the PeerStreet platform that's where I do the majority of my investing. .

You can invest as little like this as $1,000 in each property which means that you can develop a portfolio of different property types and in different areas for this diversification. In addition, you get professional management of the jobs. The job owners send all debt or equity payouts through the platform and it gets passed on to investors. .

Since these are longer-term jobs, short-term market 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 users so that affirms costs.