171–180 of 479 posts
I ran my own team as a non-dev and built http://drawvault.com - Took a bank loan to fund it, and ran out of money on the final straight. I really was hoping to be earning a meagre passive income by now, but i'm searching for a second job. Lesson learned!
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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)
I considered investing in a foreign country bank since I happened upon $20k through some fortunate stock picks. I was advised that this is a _very_ bad idea because of the currency fluctuations between countries. You might earn 7% in India (or 19% in the Ukraine), but if suddenly the transaction rate doubles, you've lost half your money.
I built a B2B SAAS app about 18 months ago. I neglect it now, as I took a full time job (living in NYC isn't cheap, and I needed a better living situation). It brings in about $1,800-$2,400/mo. I'd sell it if I had a buyer.
$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.
$300-$400 per month from my side project [0]. I spend 5-10 hours per month on updating/adding_new_features etc and the revenue comes from Affiliate/Ads. [0] http://assembleyourpc.net - a pc builder tool
About $50-$100/month on http://kidsdungeonadventure.com a role playing game for pre-school age kids.
My side project is www.stealengine.com It yields about $50 a month, I'm just happy it pays for itself and requires little maintenance. During Black Friday(November) it made $400, other months are a lot slower. I have not done any marketing and my friends like to use it so its fun.
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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.
$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.
Can you share url?
By end of august I'll be split-testing moderenizing it (it's not mobile/tablet friendly, backend makes it a pain to add content (especially text),etc) - I'm hoping making it nicer doesn't hit the income.
Websites. Totally autopilot. Only $300/mo. so its nothing compared to my regular income/job, but its a car payment - and it does beat working.
How many have you got in total - what's your hosting costs? thanks