Residual Income In Malta - Passive Residual Income Fundamentals Explained

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TopCashBack is an online shopping cash back website where you receive a percentage discount on anything you buy online. Everything you do is start at 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 also get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers website so that you receive all the other discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack site first. .

TopCashBack is a little better with the ordinary cash back around 6 percent 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 notion 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 reality, owning your own piece of digital real estate is large money.

I began my own websites in December 2014 and broke $5,000 a 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 per month didnt happen overnight but just like real estate development, it build 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'll continue to send visitors even if I take a little time off. .

Now Im working on a video to share five secrets for starting a website 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 this channel so you dont miss it when it comes outthere. .

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The biggest key to success in this passive income source though, is to simply get started. There are variables like site age that play into getting ranked on Google and the sooner you begin, the better.

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You can start your website for less than $5 per month using Blue Host and spend only a couple of hours every week to assemble it while you wait for it to start 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 Web Site extra cash to begin your blog. I had been making a grand a month off my websites within a year of launching even if your site isnt big enough to replace your work, a grand a month remains fairly nice for a mainly passive income resource. .

I talked about this next passive income idea in a recent movie on the five that site investments which let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within 2 weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in real estate investing Check out this video where I show the four secrets I learned over 20 years as a real estate investor. Four measures to choose that will guarantee your success! See the video 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 prosperity as property.

There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of bucks, and theres no way most investors can build a portfolio of different property types and in different regions to shield from those dangers when you have all of your money in just one or two investments. .

StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it holds 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 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 that have acquired or managed over $5.4 billion in land and across all real estate types.

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