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TopCashBack is an online shopping cash back site where you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers website so that you get the rest of the discounts and deals they offer, you just get an additional bonus for going via the TopCashBack web site first. .
TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you have to buy things to find the money back but its free money on the things you were going to buy anyway. .
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Our next passive income notion is blogging. Im not a big fan of the term blogger because it sounds like youre just writing random notes on a site. In reality, owning your own piece of digital property is large money.
I started my own websites in December 2014 and broke $5,000 per month just two years later. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but just like real estate development, it build up an advantage that now generates 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 traffic even if I take a little time away. .
Now Im working on a movie to talk about five secrets to starting a website that Ive learned within the previous four years from how to boost visitors to the simplest ways to make money so make sure you subscribe to the channel so you dont miss it when it comes out. .
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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 get started, the better.
You can start your website for less than $5 a month using Blue Host and spend just a couple of hours every week to assemble 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 special offer by Blue Host below. Dont wait until you need the extra money to start your own blog. I was making a grand a month away from my websites within a year of launching even though your additional resources site isnt big enough to replace your work, a grand a month remains pretty nice to get a mostly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments which helped me earn money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within two months I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this movie where I reveal the four keys I learned more than 20 years as a real estate investor. Four measures to choose that will guarantee your success! Watch the movie 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 real estate has always had a special place in my portfolio. No other advantage has generated as much long-term prosperity as land.
There are a couple problems with direct investment in real estate though. Its expensive to purchase even a single property, 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 shield 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 like a real estate investment trust in that it holds a collection of possessions but much more like crowdfunding in its own management. The additional reading fund has paid a 10% annualized return since inception and is a fantastic way to increase your property 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 obtained or managed over $5.4 billion in land and across all real estate types.