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TopCashBack is an online shopping cash back website where you get a percentage discount on anything you buy online. What you do is start at the TopCashBack site 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 buy. Youre still shopping right on the merchants site so you receive all the other discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack web site first. .
TopCashBack is a little better with the average money back around 6 percent 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 rich as you need 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 because it sounds just 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 sites in December 2014 and broke $5,000 per month just two decades after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to take work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build 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 when I take a little time off. .
Now Im working on a movie to share five secrets to starting a blog that Ive learned within the last four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to the channel so you dont miss it when it comes out. .
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The biggest key to success in this passive income source though, 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 site for less than $5 per month using Blue Host and web spend only a few hours a 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 extra money to start your blog. I had been making a grand a month off my sites within a year of launching so even though your site isnt large enough to replace your job, a grand a view it now month remains fairly nice to get a mostly 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. Bear in mind that, back in February when the stock exchange plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this video where I reveal the four keys I learned more than 20 years as a real estate investor. Four measures to take that can guarantee your success! See the video below on YouTube.
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I started 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 land.
There are a couple of problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got all your money in only one or two investments. .
StREITwise offers a hybrid investment between traditional REIT about his fund investing and the new crowdfunding. The fund is like 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 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in land and across all property types.