The Best Strategy To Use For Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 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 buy. Youre still shopping right on the merchants website so you receive all the other discounts and deals they provide, you just get an extra bonus for going through the TopCashBack web site . .

TopCashBack is a little 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 rich because you have to buy things to get the money 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 big fan of the term blogger because it sounds just like youre only writing random notes on a site. In fact, owning your own piece of digital real estate is big money.

I began my own websites in December 2014 and broke $5,000 a month just two decades after. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

 

 

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Blogging is still going to require work starting out. That route to $5,000 per month didnt happen overnight but only like real estate development, it build 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'll continue to send traffic even if 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 out of 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 though, is to simply 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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You can start your website for less than $5 per month using Blue Host and spend only 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 special offer by Blue Host below. Dont wait until you need the extra money to start your own blog. I was making a grand a month away from my websites within a year of launching even though your blog isnt large enough to replace your job, a grand per month is still fairly nice to get a mostly passive income resource. .

I talked about this next passive income notion in a recent video on the five investments which helped me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in property investing Check out this movie where I reveal the four secrets I learned more than 20 years as a real estate investor. Four steps to take that will guarantee your success! Watch the movie 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 real estate has always had Get More Information a special place in my portfolio. No other asset has created as much long-term wealth as land.

There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different land types and in different regions to protect from those risks when you have 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 similar to a real estate investment trust in that it retains a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great 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 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 property and across all property types.

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