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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of the 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 directly on the merchants website so you receive all the other discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack web site . .
TopCashBack is a little better with the average money 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 as you need to buy stuff to get 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 like youre just writing random notes on a website. In fact, owning your own piece of digital property is large money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of years 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 per month didnt happen overnight but just like real estate development, it build an advantage that now generates constant cash flow if 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 talk about five secrets for starting a blog that Ive learned within the last four years out of how to boost traffic to the easiest ways to earn money so be sure to subscribe to the 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 get started. There are variables like site 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 particular offer by Blue Host below. Dont wait until you need the excess money to begin your blog. I was making a grand a month off my sites within a year of launching even if your blog isnt big enough to replace your work, a grand a month is still pretty nice to get a mainly passive income source. .
I talked about this next passive income notion in a recent video on the five investments which let me earn money while stocks were crashing. Bear in mind that, back 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 real estate investing Check out this video where I show the four keys I learned over 20 years as a real estate investor. Four measures to take that will 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 real estate has always had a special spot in my portfolio. No other asset has from this source generated as much long-term wealth as land.
There are a couple of problems with direct investment in 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 home land types and in different regions to shield from those dangers when you have 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 like a real estate investment trust in that it holds a collection of possessions but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify 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 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 property and across all real estate types.