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

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TopCashBack is an online shopping money back website 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 money back program.

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 retailers site so that you get all the other discounts and deals they offer, you just get an additional bonus for going through the TopCashBack site . .

TopCashBack is a little better with the ordinary money back around 6 percent of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have 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 notion is blogging. Im not a huge fan of the term blogger because it sounds like youre only writing random notes on a website. In fact, owning your own piece of electronic real estate is big money.

I started 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 take work starting out. That route to $5,000 per month didnt happen overnight but only like real estate development, it build up an advantage that now generates constant cash flow if 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 off. .

Now Im working on a video to talk about five secrets for starting a blog that Ive learned within the previous four years from how to boost visitors to the easiest ways to earn money so be sure to subscribe to this 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 begin. There are variables like website age that play into getting ranked on Google and the sooner you get started, the better.

 

 

A Biased View of Residual Income In Malta - Passive Residual IncomeThings about Residual Income Ideas In Malta
You can start your website for less than $5 a month with 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 special offer by Blue Host below. Dont wait until you need the excess cash to begin your own blog. I was making a grand a month away from my websites within a year of launching so even if your blog isnt big enough to replace your work, a grand per month is still pretty nice for a mostly passive income source. .

I talked about this next passive income notion in a recent video on the five investments which helped me earn money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within i was reading this two weeks I came out ahead because I'd 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 more than 20 years as a real estate investor. Four steps to take that will guarantee your success! See the video 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 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 most investors can build a portfolio of different property types and in different regions to shield from those risks when you have all your money in just one or two investments. .

StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it holds 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 fantastic 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 the 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 real estate types.

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