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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of those 4,000 retailers with a money back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so that you get all the other discounts and deals they offer, you just get an additional bonus for going through the TopCashBack web site first. .
TopCashBack is somewhat better with the ordinary cash 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 wealthy because you have to buy things 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 notion is blogging. Im not a big fan of the term blogger because it sounds just like youre only writing random notes on a site. In reality, owning your own piece of digital property is large money.
I started my own sites in December 2014 and broke $5,000 a month just two years 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 require 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 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 visitors even if I take a little time away. .
Now Im working on a video to share five secrets to starting a website that Ive learned within 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 key to success in this passive income source though, is to simply get started. There are variables 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 with Blue Host and spend just a couple of hours visit every 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 excess cash to begin your own blog. I was making a grand a month off my websites within a year of launching so even if your site isnt large enough to replace your work, a grand a month is still pretty nice to get a mostly passive income resource. .
I spoke about this next passive income idea in a recent video on the five investments which helped me earn money while stocks were crashing. Bear in mind thatback in February when the stock market 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 keys I learned more than 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch 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 property has always had a special spot in my portfolio. No other advantage has created as much long-term prosperity as land.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different land types and in different regions to protect from these risks when you've got all of 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 possessions 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 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 this 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 land and across all property types.