I purchased, gutted and renovated a 1 bed flat in the city 4 years ago. It's gained about $7,000 a month every month for the last 3 years, plus saving about $3,000 in rent. Not exactly 'income' but most certainly passive, and I do plan to sell out when I feel prices are aproaching a peak and move out the city so will yeild then. Neighbouring flats usually sell within 7 days of going to market.
What was your best passive income in 2014?
131–140 of 479 posts
Re: What was your best passive income in 2014?
#132About $75-$100 a month from a simple AdSense site that ranks highly for some key terms. Pretty lame.
I'm not sure why i'm not even doing this. (i'm at 0 passive right now) It's not lame at all. How many hours of maintenance does it require per month? Whats the content like? blog/photo/aggregator?
I wrote all the content myself, which took maybe 20-30 hours. The theme is a profession in the veterinary field, so it offers advice to prospective students and people interested in the career (schooling, salary, etc.)
It requires zero maintenance. I haven't touched it or written anything new in a couple years.
Re: What was your best passive income in 2014?
#133Earlier this year, I helped out a friend setting up online shop selling electric bike (dropship model). It has been good this summer, average of $1000/month net profit. Traffic is still very low but constant buyers. - shopebike.com.
Re: What was your best passive income in 2014?
#13440-80€/month (depends on the season - college holidays are bad seasons) with adsense and amazon affiliates.
It demands from me 5 minutes each day (or 3 hours monthly, so it is not exactly passive..). It's a niche blog about architectural models: http://archimodels.info that I started as a hobby to learn about web development. I know that I'm near the bottom in the hierarchy of passive income but anyway I'm leaving my 2 cents. Tips:
- Good content is better than SEO, but you only pick the fruits 1-2 years later as your work compounds. Use your expertise. It is much easier/faster/more rewarding if you blog about something you are an expert.
- Adsense is (and probably will always be) ugly but is the fastest way to monetize a blog. I was making 15€/month before adsense and now I have slightly less traffic. Text ads or images ads? If you have a text intensive blog go for image ads and vice versa.
Re: What was your best passive income in 2014?
#135Earlier quoted context omitted.
Have you compared this to just putting the money in a high-interest savings account?
a what? do you think it is 1985?
2000 or 2007 would've been okay too (rates around 5-6%): http://www.pfstuff.com/savings/#historical
Re: What was your best passive income in 2014?
#136$1000/month from adsense on my free background picture (no attribution required, use it for whatever you want) website. Kinda looks like crap, but I'm afraid to touch it because it's such a steady-eddy producer. I add a picture every month or two, and get <10% of my traffic from direct search. Has so many links from Uni's and articles on where to find free stock photos that traffic just rolls on it.
Re: What was your best passive income in 2014?
#137[deleted]
That's awesome and inspiring. I have similar fears about any sort of jump in terms of 'working for yourself' so have always moved from job to job rather than even go contracting. I think your stack is very sensible - whatever works, isn't it - it's easy to become sidetracked thinking everything must be shiny & new or custom built. Really well done!
Re: What was your best passive income in 2014?
#138Here are the all time sales figures for http://www.makecupcakewrappers.com
They've been pretty bad the last few months. I think it's because the server was overloaded and response times were getting really bad. It was running on a GoDaddy $70/mo VPS with IIS, SqlServer. But that server was also hosting an Umbraco site and a WordPress blog. The PHP process was taking up 99% CPU nearly all the time.
Now I have it running independently on a GoDaddy VPS and all the static resources are on Amazon CloudFront. It is much faster.
My wife says the designs we have are out of date and we need to make some newer designs. This involves going to Target, looking at the greeting cards, place mats, napkins, and other nick-hacks to get ideas. Also, Pinterest is great for design ideas! Then, opening up InkScape or a D3 console and creating SVG color-in templates in the site's specific format.
+-----------+--------+
| Mon (desc)| Sales |
+-----------+--------+
| July | 128.70 |
| June | 227.45 |
| May | 124.65 |
| April | 301.50 |
| March | 274.40 |
| February | 287.35 |
| January | 415.25 |
| December | 128.70 |
| November | 175.65 |
| October | 188.60 |
| September | 132.75 |
| August | 330.25 |
| July | 343.20 |
| June | 297.45 |
| May | 505.90 |
| April | 351.30 |
| March | 484.05 |
| February | 188.60 |
| January | 248.50 |
| December | 38.85 |
| November | 155.40 |
| October | 89.85 |
| September | 209.65 |
| August | 179.70 |
| July | 299.50 |
| June | 329.45 |
| May | 229.50 |
| April | 279.45 |
| March | 419.15 |
| February | 249.45 |
| January | 149.70 |
| December | 119.75 |
| November | 199.60 |
| October | 109.75 |
| September | 99.80 |
| August | 99.80 |
| July | 70.80 |
| June | 25.90 |
| May | 25.90 |
| April | 38.85 |
| March | 0.01 |
+-----------+--------+Re: What was your best passive income in 2014?
#139I have an AppEngine app that brings in $7k/mo with very little work, with about $2k/mo in server costs. Roughly 50 users paying between $30/mo and $500/mo There's about 10 minutes of support work per day, but besides corporate customers occasionally needing some phone salesmanship and some manual tweaking, everything else is automated.
I love App Engine, but why use it in this case? You've got a lot of background processes, but few concurrent users. Couldn't you use a regular server, since you don't have to worry about a spike in traffic?
Re: What was your best passive income in 2014?
#140£55 in just over a year from ads on http://jquerycreditcardvalidator.com Not a lot but it’s something. And I built the validator without even thinking about monetizing so it’s quite nice to get rewarded with some pocket money. It’s not 100% passive, as I do spend a little time maintaining it and adding new features, but what income is 100% passive?
Let me get this straight. You have a piece of software which helps monetary transactions, and yet you don't charge.
No disrespect meant to PawelDecowski at all (his CC number validator looks awesome, I'd use it) but he couldn't monetize it even if they he wished to -- too much competition in that space. Nobody is going to even pay $1 when they can just go on GitHub and find several similar libraries which do somewhat similar things.
I think £55 a year is best case scenario. At least it likely covers web-hosting costs.