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What was your best passive income in 2014?
1–10 of 479 posts
Re: What was your best passive income in 2014?
#2Its not yet passive because i choose to spend most of my time on it to make it better, but i bought a cleaning business 10 months ago. I recently took a consulting contract for some additional money for expansion and it does run by itself (in the capable hands of my biz manager), however there are more optimisations i wish to make to it. Its the hardest thing i've ever done, but its at a stage where if i wanted to, i could simply take any time i wanted off and all i'd need to do is spend 15 mins a week entering payroll.
I've written about it before, if you want to look through my history.
Re: What was your best passive income in 2014?
#3hopefully the idea that i'm working on right now...:)
Re: What was your best passive income in 2014?
#4Bought 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.
Re: What was your best passive income in 2014?
#5Websites. Totally autopilot. Only $300/mo. so its nothing compared to my regular income/job, but its a car payment - and it does beat working.
Re: What was your best passive income in 2014?
#6Built an e-commerce site, pro bono, for an acquaintance and get a profit share each pay period. Occasionally I monitor, upgrade, enhance, and fix it up which results in more income. Great Situation!
Re: What was your best passive income in 2014?
#7Websites. Totally autopilot. Only $300/mo. so its nothing compared to my regular income/job, but its a car payment - and it does beat working.
What sort of websites?
Re: What was your best passive income in 2014?
#8Very proud of this, my first passive income ever: developed an add-on for a popular video game and it's been making me $60/mo.
edit: to mention that it bounces around between $1.50 a day to $2.50 a day based on usage
Re: What was your best passive income in 2014?
#9Very proud of this, my first passive income ever: developed an add-on for a popular video game and it's been making me $60/mo. edit: to mention that it bounces around between $1.50 a day to $2.50 a day based on usage
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Re: What was your best passive income in 2014?
#10Built an e-commerce site, pro bono, for an acquaintance and get a profit share each pay period. Occasionally I monitor, upgrade, enhance, and fix it up which results in more income. Great Situation!
Take great care to sign contracts for anything significant you expect to get. I did something like this once and after spending a long time enhancing it, suddenly the acquantance decided he didn't need to share the profit anymore.