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TopCashBack is an online shopping money back site in which you get a percentage discount on anything you buy online. Everything you do is start at 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 percent to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you receive the rest of the discounts and bargains they provide, you simply get an extra bonus for going via the TopCashBack web site . .
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 for $60 back. Again, not something thats going to make you rich because you have to buy things 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 big fan of the term blogger as it sounds like youre only writing random notes on a site. In fact, 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 a couple of decades after. I averaged $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 per month didnt happen overnight but just like property development, it build an asset that now creates 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 traffic even if I take a little time off. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned within the previous four years from how to boost traffic to the simplest ways to make money so make sure you subscribe to this channel so you dont miss it when it comes out. .
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The biggest key to success in this passive income source however, is to simply begin. There are factors like site age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your site for less than $5 per month using Blue Host and spend just a couple of hours a 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 cash to begin your blog. I had been making a grand a month off my websites within a year of launching so even if your blog isnt large enough to replace your job, a grand per month is still fairly nice for a mainly passive income resource. .
I talked about this next passive income notion in a recent movie on the five investments which helped me make money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within two months I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I reveal the four keys I learned over 20 years as a property investor. Four measures to choose that can guarantee your success! See the movie 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 wealth as land.
There are a couple problems with direct investment in real estate however. Its expensive to buy even a single house, a minimum of tens of thousands of bucks, 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 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 own management. The fund has paid a 10% annualized return since inception and is a great 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 this date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate my latest blog post professionals that have obtained or managed around $5.4 billion in property and across all property types.