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I started my own websites in December 2014 and broke $5,000 per month just two decades later. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build an advantage 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 visitors even if I take a little time off. .
Now Im working on a video to talk about five secrets for starting a blog that Ive learned over the previous four years from how to boost traffic to the simplest ways to earn 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 variables like website 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 using Blue Host and spend only a few hours a week to assemble it while you wait for it to begin producing that income you can count on.
The Ultimate Guide To Passive Income In Cyprus
Ill leave a link to a particular 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 off my sites within a year of launching even if your blog isnt large enough to replace your job, a grand per month is still pretty nice to get a mostly passive income resource. .
I spoke about this next passive income idea in a recent movie on the five investments which helped me make money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I show the four keys I learned more than 20 years as a property investor. Four measures to take that can 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 asset has created as much long-term wealth as property.
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 holds a collection of possessions 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 the 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 land and across all real estate types.
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So real estate crowdfunding is just the crowd meets real estate investing. Developers and investors record their properties on a crowdfunding system which assesses the investment and the project owners. This is a detailed review and only around 5% of the projects ever make it on into the PeerStreet platform that's where I do most of this content my investing. .
You can invest as little as $1,000 in each property which means that advice you can build up a portfolio of different property types and in different regions for that diversification. In addition, you get professional management of the jobs. The job owners send all debt or equity payouts through the platform and it has passed on to investors. .
Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there's still that natural demand from homeowners and business users so that supports costs.