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TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site 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% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so you receive the rest of the discounts and deals they provide, you simply get an additional bonus for going via the TopCashBack web site . .
TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you need to buy things to find the cash 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 began my own sites in December 2014 and broke $5,000 per month just a couple of decades later. I dropped $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 path to $5,000 per month didnt happen overnight but just like property development, it build an asset that now creates 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 visitors even when I take a little time away. .
Now Im working on a video to share five secrets for starting a blog that Ive learned within the last four years from how to boost visitors 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 however, is to just begin. There are variables like website age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your website for less than $5 per month with Blue Host and spend just a couple of hours a 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 extra money to begin your blog. I had been making a grand a month away from my websites within a year of launching even though your site isnt large enough to replace your work, a grand per month more is still pretty nice to get a mostly passive income source. .
I spoke about this next passive income idea in a recent video on the five investments that helped me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within two months I came out ahead because I had real estate 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 measures to take that can guarantee your success! See 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 property has always had a special place in my portfolio. No other advantage has generated as much long-term prosperity as property.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different property types and in different regions to shield from those risks when you've got 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 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 property 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 that have acquired or managed over $5.4 billion in land and across all property types.