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Ask HN: What is your best passive income 2019?

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Re: Ask HN: What is your best passive income 2019?

#81

Post by maerF0x0 »

marktangotango wrote: post #78
Spooky23 wrote: post #74

Earlier quoted context omitted.

I know of a guy who has 3 employees who coordinate aboit 800-100 properties. He probably turns over something like $20M, and can use the portfolio to write off profits from other businesses.

Is that 80-100 or 800-1000? I have one single family rental and a new roof(hail damage), busted water pipe, and toilet wax seal cost me $5000 this year and that was with insurance covering 2/3 the roof) That was my profit for several years. Ie I don’t see how this is profitable to anyone.

A big part of that game is capital costs vs inflation.

Someone who bought their home before a price boom can often turn a profit because the rents follow the price to purchase (roughly speaking).

So if you acquired a bunch of properties in 2008 after there was a crisis, its likely that they're very profitable (month to month) now

Re: Ask HN: What is your best passive income 2019?

#82

Post by marketgod »

I trade options. I used to post the plans for free for people to follow but it was really time consuming, so I would post every now and then. Someone asked to see all my plans, so I created a script to read it via my brokerage account and post it to Discord/e-Mail. Now, I just continue buying and selling options when my system tells me to and it messages the channel. The most time consuming part is advertising which I sometimes do. I plan to automatically post free plans to different social media platforms (randomly) in the future and that would make it completely passive most likely.

Re: Ask HN: What is your best passive income 2019?

#83

Post by devbot9 »

swat535 wrote: post #63
cartercole wrote: post #4

the first rule of passive income is you don't talk about passive income... (cuz someone will copy it and end the gravy train)

I don't understand this logic.. are you saying you are secretly running a business operation? It's virtually impossible for one to prevent competition If your business idea is so fragile that can be blown away by competition, you might want to rethink your strategy.

"If your business idea is so fragile that can be blown away by competition, you might want to rethink your strategy."

It may not be that you "want to rethink your strategy," but if you stumbled into becoming a one man show for a super niche unrivaled business app, why talk about that on a forum of developers?

Re: Ask HN: What is your best passive income 2019?

#84

Post by wingerlang »

owenwil wrote: post #43

It really depends what 'passive' is defined as, but I can share some: - Recharged - $2720 / month. I write a briefing once a morning about the technology industry, about 350 people pay to receive it + sponsor something without advertising or nonsense tech stories. Still growing! https://char.gd/recharged - Write Together (new project, but hey) - $1,200 / month. I built a platform for learning to Write with others, ba…

Recharged seems like the very opposite of passive work to me, I can't imagine writing every single day like that.

Re: Ask HN: What is your best passive income 2019?

#85

Post by wingerlang »

kivind wrote: post #41
SimianLogic2 wrote: post #27

I bought a site last summer that sells YouTube intro videos for $5/$10 a pop: http://introcave.com I made about $13k off it, which sounds good but was really only about $20/hour. Hoping to grow it quite a bit this year and then start offloading tasks. I don’t know if I can ever get it truly passive, but that’s the dream.

Where did you find the site to buy it?

flippa.com is a pretty 'known' place to buy and sell stuff like this.

Re: Ask HN: What is your best passive income 2019?

#88

Post by satvikpendem »

owenwil wrote: post #43

It really depends what 'passive' is defined as, but I can share some: - Recharged - $2720 / month. I write a briefing once a morning about the technology industry, about 350 people pay to receive it + sponsor something without advertising or nonsense tech stories. Still growing! https://char.gd/recharged - Write Together (new project, but hey) - $1,200 / month. I built a platform for learning to Write with others, ba…

I follow you on Twitter! Great content, as always.

Re: Ask HN: What is your best passive income 2019?

#89

Post by sngz »

_5659 wrote: post #5

I run a clothing store online. All of the order processing and fulfillment is handled automatically. I do no marketing or advertisement beyond social media. It's pretty nice. Sometimes I sell meme shirts that generate $3k in a month if I'm feeling particularly clever. I was able to bootstrap this business for like $12 for a domain name and a free trial of Shopify which gave me enough runway to scale. Been doing this…

where do you get the shirts produced? i was thinking of starting an apparel line too and im not sure where to start.

Re: Ask HN: What is your best passive income 2019?

#90

Post by SuperVivid »

sngz wrote: post #89
_5659 wrote: post #5

I run a clothing store online. All of the order processing and fulfillment is handled automatically. I do no marketing or advertisement beyond social media. It's pretty nice. Sometimes I sell meme shirts that generate $3k in a month if I'm feeling particularly clever. I was able to bootstrap this business for like $12 for a domain name and a free trial of Shopify which gave me enough runway to scale. Been doing this…

where do you get the shirts produced? i was thinking of starting an apparel line too and im not sure where to start.

tldr: it cheap to make you own prints, google it and go for it!

Imho:

Make your own graphic designs on your computer Look for nice organic and/or fair produced Shirts (a small quantity should be enough to start with, dont you think?) Than buy yourself a diy Kit für Printing Shirts

here is a link to amazon germany (sorry...): https://www.amazon.de/Siebdruck-Set-DIN-A4-selber/dp/B00OV0T...

where you can Print your own Shirts. Just make yourself familiar with screen printing and do it yourself. I think thats cool. :-)

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