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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?

#121

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!

Are you reselling another service, doing affiliate links or running it by yourself?

I am the affiliate, I build front-pages for a major dating website, my page is just a front-door focusing on a niche. I don't sell anything myself. I am just hosting the page which is an entry point to the main website (which I am not managing at all)

Re: What was your best passive income in 2014?

#125
post #4

Bought a house 12 months ago which included a great tenant. Rent checks showed up early every month for the last year. So far the house has been such little work I sometimes feel confused then surprised by his hand written envelopes addressed to me in the mailbox.

I hope my landlord appreciations my paying early as well. I always pay a week and a half to two weeks early, just because I've schedule my bills out for it to be that way.

Probably not though since I live in Brooklyn. :(

Re: What was your best passive income in 2014?

#126

Earlier quoted context omitted.

Keep the rent low. A great tenant is awesome.

Don't know who downvoted you but I absolutely agree. I have a few homes that I help rent with and having a good tenant is high above and away better than having a bad tenant pay more money. Just the cost alone in time is worth giving a good tenant cheaper rent.

I think the normal reasoning is that higher rent filters out the bad tenants (statistically). But once you have a good tenant then you probably don't want to raise the rent unless they move out and you're seeking a new one.

Re: What was your best passive income in 2014?

#128
post #72
post #65

Earlier quoted context omitted.

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

What counts as high-interest these days? Half a percent?

Depends on where you are. In the U.S, interest rates aren't anything to talk about. In India, my dad gets something like 7% (I think it is more for people over 60)
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