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Your best passive income? (2014)

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Re: Your best passive income? (2014)

#51

Owning a flat in Moscow and renting it out? Easily 1000$/mo. You can live in Thailand on that money.

Or worse like where I live (Switzerland), people rent flats, then subrent them for a lot more and go live in Thailand (or somewhere else). And then we all complain because the prices for (renting or buying) flats is insane here.

Re: Your best passive income? (2014)

#52
post #45

My app and side project "lolipop". An "instagram for gifs and funny images"-niche app. 100k + downloads. Gotten hugely popular in Norway. Released a revamped iOS 7 version to the US last week (?). Things are going slow over there. Not even reached 1000 downloads. Traffic always spike during 23:00 - 03:00 when kids should be sleeping... 99% of users lurk and browse reddit/9gag/imgur some contribute (no account needed…

How does this generate income?

Users get a "pro account", much like the Twitter Verified badge (called lolipop AWESOME) for a week if they "Download a free app". Those pays everything from 20 cent to couple of bucks per download.

App runs barely any hosting cost, and this generates a nice little passive income. I have an admin panel to turn on more ads, but as of now I would rather grow with as little intrusive ads as possible. When, and if I turn on more intrusive ads, users can purchase a "pro badge" to get rid of ads. (turned off now).

Best side effect is that I have gotten a LOT better at obj-c development since I started playing with it, and now run a small mobile development company that actually pays the bills. Learn while you play :)

Re: Your best passive income? (2014)

#53
post #28
post #20

Earlier quoted context omitted.

Do some freelancing during office hours & double the income.

This would not be passive.

You have to think bigger man.

Outsource the outsourcement... Interact with top-level outsourcer once per week... he interacts with low-level outsourcer daily.

Profit.

Re: Your best passive income? (2014)

#54

Owning a flat in Moscow and renting it out? Easily 1000$/mo. You can live in Thailand on that money.

High-end flats in Oslo rent out pretty well IIRC. Just have to front some cash to buy the pad.

Until housing prices fall 1% before inflation and wipe out your gains for the year.

Re: Your best passive income? (2014)

#55

Not much has changed since the last thread. Improvely ( https://www.improvely.com ) is still in the 5-digit monthly RR range and growing, and I do no outbound marketing other than some PPC ads that don't need much active management. Everything that can be automated has been automated (onboarding, lifecycle mails, dunning mails for billing issues, etc), leaving me free to spend all my time on support and improving the…

Oh wow, this looks like exactly what I've been looking for for my not-so-passive income project, textbooksplease.com, for tracking conversions. ...any chance of an HN discount? :D

Sure, I happen to have programmed a discount into the billing system for one of the affiliates which I can repurpose. This link's good for 10% off any subscription for life. https://www.improvely.com/signup?perk=hn

Re: Your best passive income? (2014)

#56
post #52

Earlier quoted context omitted.

How does this generate income?

Users get a "pro account", much like the Twitter Verified badge (called lolipop AWESOME) for a week if they "Download a free app". Those pays everything from 20 cent to couple of bucks per download. App runs barely any hosting cost, and this generates a nice little passive income. I have an admin panel to turn on more ads, but as of now I would rather grow with as little intrusive ads as possible. When, and if I turn…

This is awesome! I'm teaching myself Obj-c now and would like one day to take it further. Glad to hear that it's working out for you :)

Re: Your best passive income? (2014)

#57

My iOS app that teaches you what a tesseract is and lets you manipulate it in 3D and 4D. https://itunes.apple.com/us/app/the-fourth-dimension/id50420... It blows my mind that people still find out about this app and happily buy it every day even though it occupies such a small geeky niche.

That looks so cool. I'm glad it brings in a good amount of money.

Re: Your best passive income? (2014)

#58

My iOS app that teaches you what a tesseract is and lets you manipulate it in 3D and 4D. https://itunes.apple.com/us/app/the-fourth-dimension/id50420... It blows my mind that people still find out about this app and happily buy it every day even though it occupies such a small geeky niche.

Heard about this app when it first launched, such an original idea.

Would you feel comfortable telling us the number of sales in 2013?

Re: Your best passive income? (2014)

#59
post #53
post #28

Earlier quoted context omitted.

This would not be passive.

You have to think bigger man. Outsource the outsourcement... Interact with top-level outsourcer once per week... he interacts with low-level outsourcer daily. Profit.

Yes, but how i would outsource interacting to still do nothing?

Re: Your best passive income? (2014)

#60
post #51

Owning a flat in Moscow and renting it out? Easily 1000$/mo. You can live in Thailand on that money.

Or worse like where I live (Switzerland), people rent flats, then subrent them for a lot more and go live in Thailand (or somewhere else). And then we all complain because the prices for (renting or buying) flats is insane here.

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