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What was your best passive income in 2014?

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Re: What was your best passive income in 2014?

#61

Post by easyname »

shubhamjain wrote: post #37
easyname wrote: post #13

I had a motorcycle which I had bought for 126K INR. I was not using it much except to commute from home to office. I was going to sell the bike, then suddenly this idea clicked. It took few hours to make and host indiarider.com(people can take the bike on rent). Its been two months now, I have made 15K till now, 7K last week.

How do you compensate for the trust gap? Do you make the renter sign some contract or something? How did you do marketing for this ad?

Most of the time I take decision by talking to customer. There is no contract/form to sign. I am working on it. As of now I ask to submit original Identity card and deposit of 10K. There has been an instance when I gave the bike to a customer without taking any security.

Re: What was your best passive income in 2014?

#62

Post by chatmasta »

aroch wrote: post #28

"Administrating" a few servers that are rented out (ie, running apt-get every week and fixing the occasional symlink the tenants break). -$2000/m in power/space/bandwidth in costs +$4000/m in fees Banking a little under ~$1700 after I account for taxes for what amounts to an hour of effort a month.

Are you leasing your own collocated hardware or are small businesses paying you on retainer as a server admin?

Re: What was your best passive income in 2014?

#63

Post by johnward »

chatmasta wrote: post #52
johnward wrote: post #36

Earlier quoted context omitted.

Is this all from a single theme? What percentage are you at? I've contemplated converting some of my custom WP themes to sell on ThemeForest but I didn't think it would be worth the time. edit: I often wonder if it would be worth it to try to compete with theme clubs. They seem to make a killing on recurring revenue and release a couple of themes a year.

Theme clubs? Are those the places where you pay a subscription fee to be in a limited club of people that get a new theme every couple weeks? In general people spend a lot of money on themes. I think you might be better off competing with themeforest or more likely, any of the number of bootstrap theme website popping up.

There a few but elegantthemes.com is one that comes to mind.

You pay yearly to access to a bunch of quality themes. They pay out 50% commissions (and on renewals too) to affiliates but they have 200k+ plus users. They have to bring in a couple million a year.

I believe they started out at much lower prices and started raising it as they released more and more themes.

Re: What was your best passive income in 2014?

#65

Post by vetler »

dpcx wrote: post #27

Dividends on stocks. I've never had an idea good enough to make an app out of, or build a company around. So instead, I started investing a small amount of my paycheck in to my brokerage account. Buying lots of stock in Dividend Kings[1], I've earned $25 this year, with another $20 through October. It's not a lot, but I'm fully thinking long-term. 1: http://long-term-investments.blogspot.com/2013/02/15-Best-Di...

Have you compared this to just putting the money in a high-interest savings account?

Re: What was your best passive income in 2014?

#66

Post by c0nsumer »

I host a forum and website for a state-wide non-profit that I volunteer for in exchange for a single sidebar Adsense ad on the main page and in the footer on the forum. It's a hobby of mine, but the $300-$400 (gross) covers my expenses. Self-supporting hobbies are nice.

Re: What was your best passive income in 2014?

#68

Post by baudehlo »

I started EmailItIn[1] to allow people to email files to Google Drive, then added DropBox and SkyDrive/OneDrive support. Premium accounts bring in about $200/m right now, and it's steadily rising.

Support is low - though it took a while to build the initial technology. I get a lot of traction from realtors and lawyers. I've tried paid advertising but the conversions are too low to make it worth it.

Initial goal was "vacation money", and it's currently on track to hit that level next year.

1: https://emailitin.com/

Re: What was your best passive income in 2014?

#69

Post by chatmasta »

maxlamb81 wrote: post #42
fabiendem wrote: post #24

Not proud of it, but around $500/mo thanks to 3 white label dating websites. Easy money, no maintenance needed for 2 years now... Could make much more with some time invested in it!

What dating niches did you come up with? Why do you say you are not proud of it?

One of my buddies a few years back was banking ~100k/mo profit with Chatroulette bots who told guys jerking off to "find me on adultfriendfinder!" That was all in affiliate revenue.

At some point you have to wonder when it moves from ethically wrong, to you're an idiot if you don't do it.

Re: What was your best passive income in 2014?

#70

Post by artie_effim »

vetler wrote: post #65
dpcx wrote: post #27

Dividends on stocks. I've never had an idea good enough to make an app out of, or build a company around. So instead, I started investing a small amount of my paycheck in to my brokerage account. Buying lots of stock in Dividend Kings[1], I've earned $25 this year, with another $20 through October. It's not a lot, but I'm fully thinking long-term. 1: http://long-term-investments.blogspot.com/2013/02/15-Best-Di...

Have you compared this to just putting the money in a high-interest savings account?

a what? do you think it is 1985?
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