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Ask HN: How much recurring income do you generate and from what?

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Re: Ask HN: How much recurring income do you generate and from what?

#251

Post by breischl »

edent wrote: post #223
abrugsch wrote: post #166

Earlier quoted context omitted.

wow... that rule of thumb makes it virtually impossible to buy-to-let in my neighbourhood. a "Cheap" 2-bed apartment is £150,000 and MAX rent for that kind of place here would peg somewhere about £600, but definitely nowhere near £1500. Even at a liquidation auction or lowballing a desperate seller, there's no way to buy anything habitable for under 60K

I do BTL in the UK. For our market, look at 1% of the mortgage . So, if you put down a 50% deposit on a £150k place, you'd want rent of £750. Actually, it depends very much on your circumstances, attitude to risk, how much you're happy to pay in agency fees etc. Also, in the UK, we don't tend to have 30 year mortgages, which makes predicting a stable price very tricky. The UK also has vastly different tax rates - and…

Huh, that seems like an odd rule-of-thumb. That would guide you to put more money into deals with lower absolute returns, which would lead you to really low ROIs. eg, if you were willing to put down 66% on that property (£100k down, £50k mortgaged), then a £500 rent would be ok. Or am I reading that wrong?

I am completely ignorant about UK real estate, so I might be missing something obvious.

Re: Ask HN: How much recurring income do you generate and from what?

#252

Post by scottydelta »

Threep78 wrote: post #57

I own and run a website, in the category of special-interest news stories, that's making 10–15k a month consistently for almost 10 years. (Yeah, we got started early, which is probably why I have good search engine rankings.) Google AdSense is the only means of income. We get close to 1 million unique visitors a month. Just me and one other part-time employee running it, so it's been a pretty spectacular (and unexpec…

will Google allow me to display adsense ads on a website like this http://www.mega.pastemehere.com ?

Re: Ask HN: How much recurring income do you generate and from what?

#253

Post by porter »

kalid wrote: post #229

I sell math books and courses at http://betterexplained.com and on Amazon. It's about 3k/m currently, hoping to improve that with better landing pages, a/b testing, retargeting, drip campaigns, etc. [the patio11 playbook]. More details on how I got started here: https://news.ycombinator.com/item?id=870015

I bought one of your courses a while ago. nice work!

Re: Ask HN: How much recurring income do you generate and from what?

#254

Post by porter »

bdunn wrote: post #168

I have an email course (autoresponder) -> course sales funnel setup for Double Your Freelancing Rate which nets about $1-1.5k a day in sales, mostly on autopilot. This is by far the most successful funnel I've created for any of my products, and is performing really stinkin' well. Product: http://doubleyourfreelancing.com/rate/ Email course: http://doubleyourfreelancing.com/free-pricing-course/

What sort of conversion rate do you get on this funnel?

Re: Ask HN: How much recurring income do you generate and from what?

#255

Post by cylinder »

breitling wrote: post #31

Real Estate - Thanks to the financial crisis, I've been able to pick up some cheap real estate that generates cash flow. Currently, I'm making about $50k/year.

I've always wondered, when you try to vulture on cheap property during a crisis, are you able to secure financing at all or do you have to buy all-cash?

Re: Ask HN: How much recurring income do you generate and from what?

#256

Post by arsenide »

websitescenes wrote: post #34

I make a nice chunk of money every two weeks working full time at a steady Rails job. I'm sure that's not what you meant but to be fair your question is very ambiguous.

If you're sure it's not what he meant, it's not an ambiguous question.

Re: Ask HN: How much recurring income do you generate and from what?

#257

Post by jeremyjarrell »

zura wrote: post #129
jeremyjarrell wrote: post #23

I generate about $1750 USD per month producing training videos for Pluralsight, most recently on how developers can make sense of agile. http://www.pluralsight.com/author/jeremy-jarrell The $1750 month is the current rolling average. It can be much more when a new course is launching.

Interesting, how is pricing decided?

Good question, Pluralsight uses a subscription model so the courses aren't actually priced individually. For example, at the lowest tier a subscriber can pay $29/month and get access to the entire catalog (which is several thousand courses).

When an author produces a course Pluralsight actually acquires the copyright and therefore exclusive distribution rights for the course as part of the transaction. In return authors negotiate a royalty rate for each course which is a function of how much that course was watched per month versus total viewing of the catalog by paid subscribers. These royalties are where your revenue as an author actually comes from.

If you distribute your course through a subscription company like Pluralsight this is pretty much the standard model across the industry. As a matter of fact, it's actually pretty similar to how artist royalties work in the music industry.

Re: Ask HN: How much recurring income do you generate and from what?

#258

Post by websitescenes »

moron4hire wrote: post #69
websitescenes wrote: post #34

I make a nice chunk of money every two weeks working full time at a steady Rails job. I'm sure that's not what you meant but to be fair your question is very ambiguous.

It's not really ambiguous at all. Between the general entrepreneurial nature of this site, the phrasing of the question, and certainly the backlinks, OP clearly means passive income streams.

He clearly meant that and I knew it; just didn't actually mention that anywhere. I was literally answering his question. Can't help it, I'm a smart ass.

Re: Ask HN: How much recurring income do you generate and from what?

#259

Post by OutsourceJunkee »

scottydelta wrote: post #247
OutsourceJunkee wrote: post #195

This is a fun thread I make a Thousand a month by hooking companies up with outstanding off shore employees that I have tried and tested myself. The goal is to focus and become a the best.

try me: email me @ contact@pastemehere.com

Email sent

Re: Ask HN: How much recurring income do you generate and from what?

#260

Post by edent »

breischl wrote: post #251
edent wrote: post #223

Earlier quoted context omitted.

I do BTL in the UK. For our market, look at 1% of the mortgage . So, if you put down a 50% deposit on a £150k place, you'd want rent of £750. Actually, it depends very much on your circumstances, attitude to risk, how much you're happy to pay in agency fees etc. Also, in the UK, we don't tend to have 30 year mortgages, which makes predicting a stable price very tricky. The UK also has vastly different tax rates - and…

Huh, that seems like an odd rule-of-thumb. That would guide you to put more money into deals with lower absolute returns, which would lead you to really low ROIs. eg, if you were willing to put down 66% on that property (£100k down, £50k mortgaged), then a £500 rent would be ok. Or am I reading that wrong? I am completely ignorant about UK real estate, so I might be missing something obvious.

It's about the minimum you need in order to cover your costs & start making an ROI. Obviously if you can charge more, you'll start making more.
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