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TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers with a money back program.
These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping right on the merchants site so you receive all the other discounts and deals they provide, you just get an additional bonus for going through the TopCashBack web site first. .
TopCashBack is a little better with the average cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you have to buy stuff to find 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 huge fan of the term blogger because it sounds just like youre just writing random notes on a site. In fact, owning your own piece of electronic real estate is big money.
I began my own sites in December 2014 and broke $5,000 per month just a couple of years after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build up an advantage that now creates 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 visitors even when I take a little time off. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the previous four years from how to boost visitors to the simplest ways to earn money so be sure to subscribe to the channel so that you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source however, is to simply get started. 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 his explanation wait until you need the extra cash to begin your own blog. I had been making a grand a month off my websites within a year of launching so even though your site isnt large enough to replace your work, a grand a month is still pretty nice for a mostly passive income resource. .
I spoke about this next passive income idea in a recent video on the five investments that let me make money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within two months I came out ahead because I had real estate 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 measures to take that can guarantee your success! See the movie below 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 real estate has always had a special place in my portfolio. No other advantage has created as much long-term wealth as land.
There are a couple of problems with direct investment in real estate however. Its our website expensive to buy even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different property types and in different regions to protect from those risks when you have all your money in just 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 properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property exposure. . Visit Website
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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 who have obtained or managed over $5.4 billion in land and across all real estate types.