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TopCashBack is an online shopping cash back site in which you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of those 4,000 retailers with a money back program.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so that you receive all the other discounts and bargains they offer, you simply get an extra bonus for going via the TopCashBack web site . .
TopCashBack is a little better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy stuff to get the cash 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 like youre only writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.
I started my own websites in December 2014 and broke $5,000 per month just a couple of years later. 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 per month didnt happen overnight but only like property development, it build an asset 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 visitors even when I take a little time off. .
Now Im working on a movie to talk about five secrets to starting a website that Ive learned within the last four years from how to boost visitors to the simplest ways to make money so make sure you subscribe to this channel so find 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 using Blue Host and spend only a few 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 money to start your own blog. I had been making a grand a month away from my sites within a year of launching so even if your blog isnt large enough to replace your work, a grand per month is still fairly nice to get a mostly passive income source. .
I spoke about this next passive income idea in a recent video on the five investments which let me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within two months 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 secrets 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 asset has generated as much long-term wealth as land.
There are a couple problems with direct investment in Recommended Reading real estate however. Its expensive to buy even a single house, 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 those risks 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 much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way additional hints 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 around $5.4 billion in property and across all real estate types.