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TopCashBack is an online shopping cash back site where you get 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 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 retailers site so you get the rest of the discounts and bargains they provide, you simply get an additional bonus for going via the TopCashBack web site first. .
TopCashBack is a little better with the average cash back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you need 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 idea is blogging. Im not a big fan of the term blogger because it sounds like youre just writing random notes on a site. In reality, owning your own piece of electronic property is large money.
I began my own websites in December 2014 and broke $5,000 per month just two decades later. 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 route to $5,000 a month didnt happen overnight but just like property development, it build up an asset 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 traffic even if 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 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 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.
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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 start your blog. I was making a grand a month off my sites within a year of launching even though great post to read your site isnt big enough to replace your job, a grand per month remains fairly nice to get a mostly passive income source. .
I talked about this next passive income notion in a recent video on the five investments that helped me earn money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within two weeks I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video where I reveal the four keys I learned more than 20 years as a property investor. Four steps to take 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 property has always had a special spot in my portfolio. No other asset has generated as much long-term prosperity as property.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, 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 have 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 possessions but much more like crowdfunding in its own 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 this date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed over $5.4 billion in property and across all property types.