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TopCashBack is an online shopping money back site in which you get a percentage discount on anything you buy online. What you do is start at 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 buy. Youre still shopping right on the retailers site so you get the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site . .
TopCashBack is somewhat better with the average 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 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 idea is blogging. Im not a big fan of the term blogger as it sounds just like youre only writing random notes on a site. In fact, 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 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 require 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 creates constant cash flow whether 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 video 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 be sure to subscribe to the channel so 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 begin, 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 money to start your own blog. I was making a grand a month away from my sites within a year of launching so even though your site isnt big enough to replace your job, a grand per month is still pretty nice for a mainly passive income resource. .
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. Remember that, back in February when the stock market plunged 10% within two weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I show the four secrets I learned over 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch the video here 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 property has always had a special spot in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple problems with direct investment in real estate though. 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 that site portfolio of different land types and in different regions to protect from these 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 holds a collection of properties but 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 this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed around $5.4 billion in property and across all real estate types.