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TopCashBack is an online shopping cash back website in which you get 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 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 retailers website so that you get all the other discounts and bargains they provide, you just get an additional bonus for going via the TopCashBack web site . .
TopCashBack is a little better with the average cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you have to buy things 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 large money.
I started my own websites in December 2014 and broke $5,000 per month just two decades 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 take work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send visitors even if 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 out of 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 web link to success in this passive income source though, is to simply begin. There are factors like site age that play into getting ranked on Google and the sooner you view website get started, 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 begin your own blog. I was making a grand a month off my sites within a helpful resources year of launching so even though your site isnt large enough to replace your work, a grand per month is still 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 that, back in February when the stock exchange 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 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 Ive managed my own rental properties so real estate has always had a special place in my portfolio. No other advantage has generated as much long-term wealth as property.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different land types and in different regions to shield from those risks when you have all of 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 similar to a real estate investment trust in that it retains a collection of properties but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify your property exposure. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of the date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in property and across all real estate types.