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I began my own sites in December 2014 and broke $5,000 a month just a couple of years later. I averaged $5,500 through 2017 and thats not including side holiday 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 real estate development, it build 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'll continue to send traffic even if I take a little time off. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned within the last four years out of how to boost traffic to the easiest ways to make money so be sure to subscribe to the channel so that you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source however, is to just begin. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 per month using Blue Host and spend just a few hours a week to assemble 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 had been making a grand a month away from my sites within a year of launching even if your blog isnt large enough to replace your work, a grand a month remains pretty nice for a mostly passive income resource. .
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 market plunged 10% within two 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 this movie where I read this post here show the four secrets I learned more than 20 years as a property investor. Four measures to take that can guarantee your success! See the movie below on YouTube.
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I started my professional career as a commercial real estate analyst and Ive managed my own rental properties look here so real estate has always had a special spot in my portfolio. No other asset has generated as much long-term prosperity as property.
StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it holds 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 fantastic way Click Here to diversify 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 $5.4 billion in property 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 job owners. This is a thorough review and only around 5% of those jobs ever make it on to 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 those projects. The project owners send all equity or debt 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 a little but there is still that natural demand from homeowners and commercial users so that affirms prices.