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TopCashBack is an online shopping cash back site where you get 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.
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 site so you receive the rest of the discounts and deals they offer, you just get an additional bonus for going through the TopCashBack site first. .
TopCashBack is somewhat better with the average 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 as you need 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 idea 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 electronic real estate is large money.
I started my own sites in December 2014 and broke $5,000 per month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side holiday 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 just like real estate development, it build up an advantage that now creates 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 traffic even when I take a little time off. .
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 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 key to success in this passive income source however, is to just get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, 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 cash to begin your blog. I had been making a grand a month away from my websites within a year of launching so even though your blog isnt big enough to replace your work, a grand a month is still pretty nice to get a mostly passive income resource. .
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 exchange plunged 10% within two weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this movie where I reveal the four secrets I learned more than 20 years as a property investor. Four steps to choose that can guarantee your success! Watch the video below 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 spot in my portfolio. No other asset has created as much long-term prosperity 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 dollars, and theres no way many investors can build a portfolio of different land types and in different regions to shield from those dangers when you've got all 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 possessions 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 Bonuses 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 obtained or managed around $5.4 billion in property and across all property types.