Live data from Hacker News

Ask HN: What is your money-making side project outside programming?

news.ycombinator.com

301–310 of 744 posts

Re: Ask HN: What is your money-making side project outside programming?

#302

Not really a productive venture, but it was profitable. I used a 3% cashback credit card on a financial company's money sending service with no fees, and sent my sister $3,500 every two days. She'd then eventually pay me back through bank ACH (also free). Then I'd pay off my credit card every week so my credit balance remained low. Made about $1,500 a month for a year, before they stopped giving cashback for transfer…

This is called "manufactured spending" and there are people who do this big-time, if you look into the credit card churning/points area.

Re: Ask HN: What is your money-making side project outside programming?

#303
post #277
post #263

Earlier quoted context omitted.

May I ask what car brands do you usually work on?

Bread and butter is the Lexus RX, Acura MDX, Honda CR-V and Toyota Highlander. There is zero issue putting them out the door, because the demand is insane. I've also started with Toyota Priuses because there's high-demand, most mechanics are allergic to batteries, and people dump them for cheap over any battery pack issue. Though I've worked on a ton of stuff, the above is where there's A) enough people owning the ab…

If you were to start selling BMWs/Audis/Mercs, you might also find your reputation suffering if/when things go wrong shortly after purchase. You're probably better off sticking to reselling the more reliable brands.

Re: Ask HN: What is your money-making side project outside programming?

#304
post #294

Earlier quoted context omitted.

I was actually thinking about ethics a lot while I was doing this little project. By ethics do you mean morals or something different? What framework would you suggest for determining the ethics/morals of doing something like this, where we're playing by the legal rules by trying to optimize for our own benefit?

Think about it like this. The logical conclusion of people acting like you did is that credit card issuers increase interest rates to make up for their losses. That makes life worse for everyone but the people exploiting the loophole. You’re no different from the people who exaggerate their losses to insurance companies in order to claim extra insurance money. Because of them, premiums have gone up. You might see you…

It's very different - one of those people is lying.

Re: Ask HN: What is your money-making side project outside programming?

#305
post #249

Earlier quoted context omitted.

I think the unfortunate reality of ChrisFix is to make videos at that level of quality... takes real time and effort -- plus a vehicle that merits actual work he's not done a video on yet. Hence he only puts out one or two a month, but they're of an extraordinarily high quality, which is evident in his sub numbers and view count. I've considered making videos, but the reality at the moment is there's not yet the time…

There are a few mechanics who stream on twitch... however that does require some level of interaction and distraction which may just be annoying to you, but doesn't require the post processing. However it's a decent sales pitch and if you do enjoy interactive with people and networking it can be pretty good. I'd love to see your shop or even just time lapses. I really enjoy watching cnc and hand builds on youtube. It…

It would be impossible to hit my target level of quality live, without heavy investment in the environment, lightning, video equipment, and honestly the help of someone when filming. If I can't hit my own targets, I just don't do something.

The videos would also be too long. Part of why ChrisFix is so well known is he has high-quality, edited, to-the-point content that packs everything into a concise high-quality video. I could not do that on Twitch without great expense, lots of advance planning, and helping hands.

Re: Ask HN: What is your money-making side project outside programming?

#306
post #7

I make and sell staff paper notebooks for musicians: https://www.themusiciansnotebook.com/ I'm an avid saxophone player and am taking evening classes in theory, so I made this to solve a problem that I myself had. Nothing else like it on the market! Every part of this notebook is automatically generated with a bunch of python scripts: the cover design, the interior, the line placement, the margins. The program basica…

Please find a way to ship these to Europe! It would become my new notebook of choice in a heartbeat but I run through them like (insert some kind of simile here). I would also happily share this with all my musician friends.

Totally! Do you mind sharing your contact info with me, so I can keep you updated when I figure out a way to charge less than $20 to ship to Europe?

Re: Ask HN: What is your money-making side project outside programming?

#307

Earlier quoted context omitted.

This seems a tad unethical

I was actually thinking about ethics a lot while I was doing this little project. By ethics do you mean morals or something different? What framework would you suggest for determining the ethics/morals of doing something like this, where we're playing by the legal rules by trying to optimize for our own benefit?

Be careful with stuff like this. Credit card contracts typically require a fee for anything that amounts to a cash withdrawal instead of a purchase. Depending on the exact construction, it might be fraudulent to knowingly breach the contract to bleed the bank. If it’s not worth talking to a lawyer about it, it’s probably not worth doing.

Re: Ask HN: What is your money-making side project outside programming?

#308

For the past few years I've been buying, renovating, and selling small-ish houses. My dad was a contractor growing up so I picked up most of the necessary skills helping him out during middle and high school. I mostly work on weekends and holidays which makes it a bit slow going, but I've made a reasonable amount of money. Even if the money was worse I would still probably do it, I really enjoy both the physical aspe…

Would it make more sense to rent them out rather than sell?

The answer to this is usually complicated.

Re: Ask HN: What is your money-making side project outside programming?

#309
post #294

Earlier quoted context omitted.

I was actually thinking about ethics a lot while I was doing this little project. By ethics do you mean morals or something different? What framework would you suggest for determining the ethics/morals of doing something like this, where we're playing by the legal rules by trying to optimize for our own benefit?

Think about it like this. The logical conclusion of people acting like you did is that credit card issuers increase interest rates to make up for their losses. That makes life worse for everyone but the people exploiting the loophole. You’re no different from the people who exaggerate their losses to insurance companies in order to claim extra insurance money. Because of them, premiums have gone up. You might see you…

Thanks for the reply. There is a clear difference between claiming extra insurance money and what I'm doing: lying to get more insurance money is fraud, while what I'm doing is exactly what the service is intended for (sending money to others for free).

But using your framework of, "if everyone did this, how would this affect the business and others using the business," then I (and many others) are doing a lot of other unethical things. Ad blocking and card counting (in blackjack) clearly would be deemed unethical under this criteria, but here's a bunch of other more tangible examples.

There's a popular pastry place that has 50% off sales on Sunday afternoon because they are closing Monday so they sell the remaining stock at a significant discount before close. I only go there on Sunday afternoons, but if everyone did that, then the prices would go up for all.

Another thing I do is using the books, video games, movies, and streaming services offered by my library and never buy any real media. But if everyone did this, then bookstores, theaters, and streaming companies would go bankrupt.

Re: Ask HN: What is your money-making side project outside programming?

#310

Earlier quoted context omitted.

Would it make more sense to rent them out rather than sell?

I would then have to deal with finding tenants, property maintenance issues, etc (or pay someone to do this), which is more than I really want to do right now. At that point I would be closer to a full time landlord, not a full-time software engineer who enjoys working on houses on the side!

Run the numbers and compare in your next sale. As a rule of thumb if you can get 1% of the sale price per month in rent you’re doing awesome.

And a good property manager should take away 95% of the hassle.

Post reply on HN