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TopCashBack is an online shopping cash back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers using a cash back program.
These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so that you receive the rest of the discounts and deals they provide, you just get an additional bonus for going via the TopCashBack site . .
TopCashBack is a little better with the average cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you have to buy stuff to get the cash back but its completely free money on the things you were going to buy anyway. .
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Our next passive income idea is blogging. Im not a huge fan of the term blogger as it sounds like youre just writing random notes on a website. In reality, owning your own piece of digital real estate is big money.
I began my own websites in December 2014 and broke $5,000 a month just two years after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is still going to take work starting out. That route to $5,000 per month didnt happen overnight but only like property development, it build up an advantage that now generates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time away. .
Now Im working on a movie to talk about five secrets to starting a blog that Ive learned over the previous four years from how to boost traffic to the simplest ways to earn money so make sure you subscribe to the channel so 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 site for less than $5 a month with Blue Host and spend just a few hours every 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 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 off my sites within a year of launching so even though your blog isnt large enough to replace your job, a grand per month is still fairly nice for a mainly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments which helped me make money while stocks were crashing. Bear in mind 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 get started Continue in property investing Check out this movie where I reveal the four keys I learned more than her comment is here 20 years as a real estate investor. Four measures to take that can guarantee your success! Watch 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 created as much long-term prosperity as land.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, 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 protect from those risks when you've got all your money in just 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 much 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 real estate exposure. .
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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 land and across all property types.