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TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 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 buy. Youre still shopping right on the retailers site so you get all the other discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack web site first. .
TopCashBack is a little better with the average money back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you need to buy things to find 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 notion is blogging. Im not a big fan of the term blogger as it sounds just like youre just writing random notes on a site. In fact, owning your own piece of digital real estate is big money.
I started my own sites in December 2014 and broke $5,000 per month just two decades later. I averaged $5,500 through 2017 and thats not including side hustle 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 property 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'll continue to send traffic even when I take a little time off. .
Now Im working on a video to share five secrets to starting a website that Ive learned over the previous four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to the channel so that you resource dont miss it when it comes out. .
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The biggest secret to success in this passive income source though, is to just get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
You can start your website for less than $5 a month with Blue Host and spend just a couple of 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 particular 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 so even though your site isnt big enough to replace your job, a grand a month is still fairly nice to get a mainly passive income source. .
I talked about this next passive income idea in a recent video on the five investments that let me earn money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within 2 months I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I reveal the four secrets I learned over 20 years as a property investor. Four steps to choose that will 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 place in my portfolio. No other advantage has generated as much long-term wealth as land.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single property, 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 shield from these dangers when you've got all your money in just one or two investments. .
StREITwise provides 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 holds a collection of properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic 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 the 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.