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TopCashBack is an online shopping money back site where you receive 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.
These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so you receive the rest of the discounts and bargains they provide, you just get an additional bonus for going through the TopCashBack site first. .
TopCashBack is a little better with the average money back around 6% 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 wealthy 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 huge fan of the term blogger as it sounds like youre just writing random notes on a site. In fact, owning your own piece of digital property is large money.
I started my own websites in December 2014 and broke $5,000 a month just two decades 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 a month didnt happen overnight but only like property development, it build an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time off. .
Now Im working on a movie to share five secrets for starting a blog that Ive learned over the previous four years from how to boost traffic to the simplest ways to make money so make sure you subscribe to the channel so that 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 just 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 particular offer by Blue Host below. Dont wait until you need the extra cash to begin your own blog. I was making a grand a month away from my websites within a year of launching even if your site isnt big enough to replace your work, a grand a month remains pretty nice to get a mostly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments which helped me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video 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! See the movie 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 spot in my portfolio. No other advantage has generated as much long-term prosperity as land.
There are a couple of problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got all of your money in only one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it retains 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 great way to increase your real estate 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 over $5.4 billion in land and across all property types.