9 Easy Facts About Residual Income In Malta - Passive Residual Income Explained

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TopCashBack is an online shopping money back site 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 the 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 retailers site so that you get the rest of the discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack site . .

TopCashBack is a little better with the average money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you need to buy stuff 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 because it sounds just like youre just writing random notes on a website. In fact, owning your own piece of electronic property is big money.

I began my own websites in December 2014 and broke $5,000 per month just two years 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 take work starting out. That path to $5,000 per month didnt happen overnight but only like property development, it build an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll 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 within the last four years from how to boost visitors to the easiest ways to make money so make sure you subscribe to the channel so that 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 just get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can begin your site for less than $5 per month using Blue Host and spend just a few hours a week to build 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 start your blog. I had been making a grand a month off my sites within a year of launching so even though your blog isnt big enough to replace your job, a grand a month is still fairly nice for a mainly passive income source. .

I spoke about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Bear in mind thatback in February when the stock Going Here market plunged 10% within 2 weeks I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in real estate investing Check out this movie where I reveal the four secrets I learned over 20 years as a real estate investor. Four measures to choose that will guarantee your success! Watch 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 land.

There are a couple problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to protect from these dangers when you've got all your money in only 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 possessions 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 diversify 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 that have acquired or managed around $5.4 billion in land and across all property types.

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