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Your best passive income? (2014)

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331–340 of 437 posts

Re: Your best passive income? (2014)

#331
post #219

I'm making negative 15 USD/month hosting two side projects: http://srctree.net - A pastebin with version control http://blocksim.net - A poor man's online simulink-like thingy I am aware that there is a _lot_ of room for improvement in both services, but the fact that nobody uses it at all is not very motivational.

I have been looking for a Markdown-aware pastebin for ages. If you add this one function I will use your service extensively / exclusively. Good luck!

gist.github.com does this!

https://gist.github.com/ChuckHa/8548627

Re: Your best passive income? (2014)

#332
post #319

For me it's still residential real estate. Between 2010 and 2012 or so I picked up some condos here in San Diego at short sale for about 1/3 of what their price was a few years earlier. I get about 1.5% of their purchase price every month in rent. At the same time, the property values have appreciated so the rents are starting to increase as well. The longest I've had any of them vacant was about two weeks and that w…

My family owns several rental properties as well. It's a part time job to manage all of them, though it gets easier once you have 3~4, at which point they share the same resource pool for repairs and such.

some observations

- don't cheap out and buy in a bad neighbourhood. We did this once, and with the turnover/repair costs it made a loss.

- choose tenants carefully (you can say no). Families with income are best.

- know when to evict people. Rent for long enough and you'll certainly get a pathological renter.

Re: Your best passive income? (2014)

#333
post #192
post #41

1) Selling Elon Musk t-shirts: http://www.zazzle.com/elonmuskspaceman Did not make that much but was great fun. 2) Helping my artistic friends selling their products. If you want to sell designer products, you can sign up here: https://docs.google.com/forms/d/1dmyfzRwBbpcKAyRplHs0i2RMqsC...

I'm a huge fan of Elon Musk, but I must say I don't like the designs very much. I you can't make better designs, you should think of having shirts with quotes like “If something is important enough, even if the odds are against you, you should still do it.”or "I'll put a man on Mars in 10 years. Maybe 20 years worst case. Otherwise I won't be able to go there." (can't find the exact quote!)

Thanks for the tip. Just added some t-shirts with quotes. The goal is to create more designs in the coming weeks.

Re: Your best passive income? (2014)

#334

I make around $200/month from my crappy articles at http://ankitkumar.in and affiliate marketing.

I see affiliate marketing mentioned often in the comments. I don't know anything about getting started - do you have an easy way for me to get started other than just Googling it?

Re: Your best passive income? (2014)

#335

I'm going to toss this out there - I've considered building an affiliate site in the porn space. I've looked at a couple API's and it looks easy. However, I have never built anything in this space - I just hear that there's money to be made so have been tempted. Let the flogging begin!

Was easy money around 2002-2004. You'd get like 200:1 conversion of an OK paysite with either a 35% lifetime revshare of sometimes random promotions (usually to kickstart a new site) would offer $250 upfront PPS. Niche sites (gay, extreme fetish) would convert TGP traffic as good as 75:1 and honestly were the best place to be (to many fanboy affiliates saturating the market with mainstream "teen amateur" sites). 2005…

I'm considering creating chatroom site. Not my own chatrooms but using API of others. Seems like those may still be in vogue. Have you had any luck with them? I'm certain I can create a site in an evening, then I just need to see how to drive traffic to it.

Re: Your best passive income? (2014)

#336
post #307

Earlier quoted context omitted.

That's impressive... What was the hardware cost?

I am using my gaming PC that I built years ago and a $1079/mo dual hexacore dual Tesla M2090 server from Softlayer. Fortunately I have a $1k/mo Softlayer credit, so my hardware costs were approximately $79. My rent includes electricity, so my electricity costs were $0.

Don't people abuse the 'electricity is in the rent' fact? Or is it a (shared) tragedy of the commons problem?

Re: Your best passive income? (2014)

#337
post #219

I'm making negative 15 USD/month hosting two side projects: http://srctree.net - A pastebin with version control http://blocksim.net - A poor man's online simulink-like thingy I am aware that there is a _lot_ of room for improvement in both services, but the fact that nobody uses it at all is not very motivational.

Same here for me with http://timebot.io/ I just have no clue how to go about getting customers.

heh, I have the same product: http://grafire.com

haven't maintained it in ages though

Re: Your best passive income? (2014)

#338

Earlier quoted context omitted.

Same here for me with http://timebot.io/ I just have no clue how to go about getting customers.

heh, I have the same product: http://grafire.com haven't maintained it in ages though

How many users do you have?

Re: Your best passive income? (2014)

#340

Earlier quoted context omitted.

heh, I have the same product: http://grafire.com haven't maintained it in ages though

How many users do you have?

Currently in the single digits, this is my zombie project. I haven't actively marketed for a few years - moved on to other things. People tried it a few days and left, I guess there are better free options or they just didn't like the interface.
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