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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 at the TopCashBack website then click through one of the 4,000 retailers with a money back program.
These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so you receive all the other discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you need to buy stuff to get the money 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 big fan of the term blogger because it sounds like youre only writing random notes on a site. In reality, owning your own piece of digital property is large money.
I began my own sites in December 2014 and broke $5,000 a month just a couple of years later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is still going to take work starting out. That path to $5,000 a month didnt happen overnight but just like property development, it build up an advantage that now generates 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 away. .
Now Im working on a video to share five secrets for starting a website that Ive learned within the previous four years from how to boost traffic to the easiest ways to earn money so be sure to 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 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 per month with Blue Host and spend only a couple of hours every week to build it while you wait for it to start producing this website that income you can count on.
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Ill leave a link to a special offer by Blue Host below. Dont wait anchor until you need the excess cash to begin your own blog. I had been making a grand a month away from my websites within a year of launching even if your site isnt big enough to replace your job, a grand per month remains pretty nice for a mostly passive income source. .
I spoke about this next passive income idea in a recent video on the five investments that let me earn money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within 2 months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I show the four secrets I learned over 20 years as a property investor. Four measures to choose that will guarantee your success! Watch the movie 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 spot in my portfolio. No other asset has created as much long-term prosperity as property.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase page even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different property types and in different regions to protect from those risks when you have 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 retains a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify 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 property types.