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TopCashBack is an online shopping money 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 those 4,000 retailers with a money back program.
All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you receive all the other discounts and bargains they offer, you just get an additional bonus for going via 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 to get $60 back. Again, not something thats going to make you wealthy because you have to buy things to find 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 because it sounds like youre just writing random notes on a site. In fact, owning your own piece of digital property is large money.
I began my own websites in December 2014 and broke $5,000 a month just a couple of decades after. I dropped $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 per month didnt happen overnight but just like real estate development, it build an advantage that now generates constant cash flow whether 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 away. .
Now Im working on a movie to share five secrets to starting a website that Ive learned over the last four years from how to boost visitors to the easiest ways to earn money so be sure to subscribe to this channel so you dont miss it when it comes out. .
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The biggest key to success in this passive income source though, is to just get started. There are variables like website 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 particular offer article by Blue Host below. Dont wait until you need the excess cash to start your own blog. I had been 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 a month is still fairly nice for a mostly passive income resource. .
I talked about this next passive income notion in a recent movie on the five investments that helped me make 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 property investing Check out this video where I show the four secrets I learned over 20 years as a real estate investor. Four steps to take that will guarantee your success! See 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 place in my portfolio. No other advantage has generated as much long-term wealth as land.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single house, a minimum of tens of thousands of bucks, and theres no way most investors can create a portfolio of different land types and in different regions to my website protect 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 retains a collection of properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a great 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 acquired or managed around $5.4 billion in land and across all property types.