The smart Trick of Residual Income In Malta That Nobody is Discussing

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TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website 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 get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers website so that you get all the other discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack web site first. .

TopCashBack is somewhat better with the average money 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 rich 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 idea is blogging. Im not a big fan of the term blogger as it sounds like youre just writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.

I started my own websites in December 2014 and broke $5,000 per month just two years 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 require work starting out. That route to $5,000 a month didnt happen overnight but only like property development, it build up an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll 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 blog that Ive learned over the last four years from how to boost traffic to the easiest ways to make money so make sure you subscribe to the channel so 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 just begin. There are factors like website age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can begin your website for less than $5 a month with Blue Host and spend just a few hours a week to build it while you wait for it to begin producing that income you can count on.

 

 

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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess cash to begin your blog. I was making a grand a month off my sites within a year of launching even though your site isnt big enough to replace your job, a grand a month is still fairly nice for a mainly passive income source. .

I spoke about this next passive income notion in a recent movie on the five investments that helped me earn money while stocks were crashing. Remember thatback in February when the stock exchange 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 property investing Check out this video where I show the four keys I learned over 20 years as a property investor. Four measures to take that can guarantee your success! Watch the movie here 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 spot in my portfolio. No other asset has generated as much long-term wealth 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 bucks, and theres no way many investors can build a portfolio of different land types and in different regions to shield from these dangers when you've got all 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 possessions but much more like crowdfunding in its his response own management. The fund has paid a 10% annualized return since inception and is a great way to diversify 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 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 land and across all property types.

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