Ask HN: How much recurring income do you generate, and from what?
81–90 of 317 posts
Re: Ask HN: How much recurring income do you generate, and from what?
#82If I put hours in I can do better - If I submit links to gaming sites it can earn a few dollars a day :)
I couldn't figure out how to scale the traffic, so I've left it on autopilot while I try building other sites. I have a blog that earns about the same and am working on a new idea now that I hope will be 'the one'
My overall goal is to build an autopilot site (or portfolio of sites) that earns ~$90/day. Then ... become a sci fi author.
(LOL ... damn you Tim Ferris! I wasn't miserable in my work-a-day life until I read your damned book - two years later I'm still trying to achieve those dreams of freedom!)
Re: Ask HN: How much recurring income do you generate, and from what?
#83I make ~$2,000 a month with an iPad game for cats. My co-founder and I were working on a "more serious" game and it was taking a long time. We needed a quick win, so I agreed to do it if we spent less than 4 weeks on it. We completed the game from idea to app store in 3.5 weeks and it is now, by far, our most popular game. * face palm * EDIT: We split the revenue 50/50, so the revenue (after apple's cut) on this game…
Edit: Is this something for the untapped Crazy Cat Lady market?
Re: Ask HN: How much recurring income do you generate, and from what?
#84$1,000 per month from two ATM's I own. The money is easy, but finding good locations that don't already have one is a complete bitch.
Re: Ask HN: How much recurring income do you generate, and from what?
#850 That is from rental properties I own.
less than a thousand from rental propertie'S'?
You've got to consider the following things, which greatly reduce the actual "income" you're getting out of them. The obvious ones are mortgage payments, insurance payments, and tax payments. Then you've also got a vacancy allowance, because you assume that units will be vacant at least some of the time between leases. This can vary between 5-20% depending on where you are.
And lastly you need to set aside money for repairs and maintenance. Most people forget to factor this into their calculations when thinking about rental cost. It's common for people to say "Well I'll just pay for it when it happens, and take it out of that month's rent". But that doesn't really apply when you're talking about things like putting on a new roof, installing a new furnace system, or any large "maintenance" project that's going to likely need to be done over the ownership life of the property. My Dad just put replaced the roof on one of his rental properties for the 3rd time since he's owned it. (He bought it when he was 21, is now 67, and the roof needed to be replaced shortly after he bought it.)
So yeah, for a single unit (depending on the area, again), you're doing well if you're getting even $100/month out of it. And as mentioned above, you're constantly building equity.
Re: Ask HN: How much recurring income do you generate, and from what?
#86$1,000 per month from two ATM's I own. The money is easy, but finding good locations that don't already have one is a complete bitch.
Re: Ask HN: How much recurring income do you generate, and from what?
#87I have 4 apps on the Mac App Store. It took me a total of 2 months to develop. I make roughly $3300 in sales per month. After taxes and Apple's 30% cut I make roughly $2000.
What apps are they?
Re: Ask HN: How much recurring income do you generate, and from what?
#88I set up a web dev blog in 2003, at ILoveJackDaniels.com, and after a few months of rubbish blogging starting doing free cheat sheets to download. At its peak, from AdSense and text link ads, it made about $1200 per month. I had to move domain (trademark heat), and moved to AddedBytes.com. Lost lots of traffic and links, unfortunately. Ad revenue dropped over time (around $100 at its lowest), and I recently ditched t…