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TopCashBack is an online shopping cash back site in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers using a cash back program.
All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so that you get all the other discounts and deals they provide, you just get an extra bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the average money 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 things to find 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 big fan of the term blogger because it sounds like youre only writing random notes on a website. In fact, owning your own piece of electronic property is large money.
I began my own sites in December 2014 and broke $5,000 per month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is still going to require work starting out. That path to $5,000 per month didnt happen overnight but only like real estate development, it build up an advantage 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 will continue to send visitors even when I take a little time away. .
Now Im working on a video to share five secrets to starting a website that Ive learned over the previous four years from how to boost visitors to the simplest ways to make 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 factors 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 excess money to start your own blog. I had been making a grand a month off my sites within a year of launching so even though your site isnt large enough to replace your job, a grand a month remains fairly nice for a mainly passive income source. .
I spoke about this next passive income idea in a recent video on the five investments which let me earn money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within two months I came out ahead because I'd 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 keys I learned more than 20 years as a property investor. Four steps to choose that can guarantee your success! Watch the movie here on YouTube.
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I started my professional career as a commercial real estate analyst and my site Ive managed my own rental properties so property has always had a special place in my portfolio. No other advantage has generated as much long-term prosperity as property.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can build a 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 retains a collection of possessions but much 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. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of the date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have obtained or managed around $5.4 billion in land and across all real estate types.