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TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. Everything you do is start in 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 buy. Youre still shopping right on the retailers website so that you get the rest of the discounts and deals they offer, you just get an extra bonus for going through the TopCashBack web site first. .
TopCashBack is a little better with the ordinary cash 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 wealthy because you need to buy things to find the money 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 only writing random notes on a site. In reality, owning your own piece of digital real estate is large money.
I began my own websites in December 2014 and broke $5,000 per month just two years 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 require work starting out. That path to $5,000 per month didnt happen overnight but just like real estate development, it build an advantage that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will 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 over the last four years out of how to boost visitors to the simplest ways to make money so be sure to subscribe to this channel so that you dont miss it when it comes out. .
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The biggest secret to success in this look at this now 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 with Blue Host and spend only a couple of hours 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 had been making a grand a month away from my websites within a year of launching even if your blog isnt large enough to replace your job, a grand a month is still pretty nice for a mainly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments which helped me make money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within 2 weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this movie where I show the four keys I learned more than 20 years try here as a property investor. Four steps to take that can guarantee your success! See the video below 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 place 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 however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different property types and in different regions to shield from those risks when you've got 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 great 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 this 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 real estate types.