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TopCashBack is an online shopping money back site in which you get 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 using a cash back program.
All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you get the rest of the discounts and bargains they offer, you simply get an extra bonus for going via the TopCashBack site . .
TopCashBack is a little better with the ordinary money 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 because you need to buy stuff to get the cash back but its 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 just like youre just writing random notes on a website. In reality, owning your own piece of electronic property is big money.
I started my own sites in December 2014 and broke $5,000 per month just two years later. 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 a month didnt happen overnight but just like real estate development, it build 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'll continue to send visitors 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 last four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes out. .
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The biggest secret to success in this passive income source though, is to simply begin. There are factors like website age that play into getting ranked on Google and the sooner you get started, the better.
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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 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 large 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 movie on the five investments that let me make 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 had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this video where I show the four keys I learned over 20 years as a real estate investor. Four measures to take 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 look here 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 land.
There are a couple problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different land types and in different regions to protect from those risks when you've got all of 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 properties but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a great way to increase 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 that have acquired or managed around $5.4 billion in property and across all property types.