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TopCashBack is an online shopping money back website in which you receive 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 using 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 purchase. Youre still shopping directly on the merchants website so you get all the other discounts and deals they provide, you just get an extra bonus for going through the TopCashBack site first. .
TopCashBack is somewhat better with the average cash 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 rich because 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 notion is blogging. Im not a big fan of the term blogger because it sounds just like youre just writing random notes on a website. In reality, owning your own piece of digital real estate is big money.
I began my own sites in December 2014 and broke $5,000 a month just a couple of decades later. 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 take work starting out. That path to $5,000 per month didnt happen overnight but only like real estate development, it build up an asset 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 traffic even when I take a little time off. .
Now Im working on a video to talk about five secrets to starting a website that Ive learned over the previous four years from how to boost traffic to the simplest ways to make money so be sure to subscribe to this channel so you dont miss it when it comes out. .
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The biggest secret to success in this passive income source however, is to just 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 special offer he has a good point by Blue Host below. Dont wait until you need the excess cash to begin your own blog. I was making a grand a month away from my sites within a year of launching even though your blog isnt big enough to replace your job, a grand per month remains pretty nice for a mostly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that helped me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 months I came out ahead because I had property 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 secrets I learned more than 20 years as a property investor. Four steps to choose that will guarantee your success! See the video here on YouTube.
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I started my professional career as a see this website 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 prosperity as land.
There are a couple problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different land types and in different regions to shield from these risks when you have 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 check my site 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 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.