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I began my own websites in December 2014 and broke $5,000 a month just a couple of years after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an advantage 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 visitors even when I take a little time away. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the last four years from how to boost traffic to the easiest ways to earn money so make sure you 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 just get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
You can start your website for less than $5 a month with Blue Host and spend just a few hours a week to assemble it while you wait for it to begin 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 blog. I had been making a grand a month away from my sites within a year of launching so even though your site isnt large enough to replace your work, a grand a month is still fairly nice for a mostly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments which let me make money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within 2 months I came out ahead because I had real estate 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 property investor. Four steps to take that can guarantee your success! See the video here 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 place in my portfolio. No other advantage has created as much long-term wealth as property.

StREITwise provides 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 more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your real estate exposure. .
The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of this date of this video, has paid a 10% annualized find more information dividend. The fund is managed by seasoned real estate professionals that have acquired or managed around $5.4 billion in property and across all property types.
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So property crowdfunding is just the crowd meets real estate investing. Developers and investors list their properties on a crowdfunding platform which reviews the investment and the project owners. This is a detailed review and only about 5 percent of those projects ever make it on into the PeerStreet platform which is where I do most of my investing. .
You can invest as little as $1,000 in every property that means you can build up a portfolio of different property types and in different regions for this diversification. You also get professional management of the projects. The project owners send all debt or equity payouts throughout the platform and it has passed on to investors. .
Since these are longer-term projects, short-term economy hiccups shouldnt impact them. Real estate prices may occur after the economy somewhat but there is still that natural demand from homeowners and commercial customers so that affirms costs.