Your best passive income? (2014) • Hacker News Board

Re: Your best passive income? (2014)

#401

Post by pcharles » Thu, Jan 23, 2014, 3:30 AM UTC

simonhamp wrote: post #394

pcharles wrote: post #386

Earlier quoted context omitted.

How many uniques/month does it take for you to turn a profit??

Well as revenue is largely from ads (that are reliant on page views) I needed to build up visitor numbers to generate ~100k page views a month on a regular basis Each visitor brings about 2 page views on average so 50k visits a month puts me over the threshold. Uniques are at about 70% (I'll leave that as an exercise for the reader) But to actually turn a profit... I really only need a very small fraction of this. Ma…

Nice. Keep up the good work!

Re: Your best passive income? (2014)

#402

Post by pcharles » Thu, Jan 23, 2014, 3:57 AM UTC

peacemaker wrote: post #185

I make about $400 a month quite passively by selling software with Envato. Just the occasional comment and email which takes 5 - 10 minutes a day at most. I also sell a beginners book on creating and selling WordPress plugins which only sells one or two a week. I have a bunch of cool stuff out there but my biggest weakness is marketing. I can never seem to drive enough targeted traffic to my projects.

where can we find the book?

Re: Your best passive income? (2014)

#403

Post by prostoalex » Thu, Jan 23, 2014, 8:15 AM UTC

gmays wrote: 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…

Monthly property taxes + monthly HOA + monthly payment to manager < 20% of cash-flow? That is incredible.

Re: Your best passive income? (2014)

#404

Post by parax » Thu, Jan 23, 2014, 2:41 PM UTC

mattmaroon wrote: post #235

parax wrote: post #211

I wrote a sci-fi short novel that received a good feedback (surprisingly not at Amazon, where nobody has reviewed it). It's placed at the iBookstore and the Kindle store, and it sells some units from time to time: http://www.amazon.com/value-memories-Carlos-Paramio-Danta-eb... https://itunes.apple.com/en/book/the-value-of-memories/id573...

Are you just doing the 35% rate on Amazon since you're below $2.99?

I don't have many options there :) And the iBookstore retains 30%.

Re: Your best passive income? (2014)

#405

Post by JamesAdir » Thu, Jan 23, 2014, 6:58 PM UTC

viach wrote: post #15

I've got a job where i do almost nothing. It's my passive income.

I've got to say it ain't so easy to find such a job. When you've got some qualifications, employers doesn't keen on hiring you. I'm talking about tech support jobs that you can do easily during the day. Working as a night guard is usually very low pay and doesn't justify the effort. If anyone has got an idea on how to get remote flexible support jobs, I'd be happy to hear.

Re: Your best passive income? (2014)

#406

Post by QuasiAlon » Thu, Jan 23, 2014, 8:01 PM UTC

christiangenco wrote: post #25

dangrossman wrote: post #6

Not much has changed since the last thread. Improvely ( https://www.improvely.com ) is still in the 5-digit monthly RR range and growing, and I do no outbound marketing other than some PPC ads that don't need much active management. Everything that can be automated has been automated (onboarding, lifecycle mails, dunning mails for billing issues, etc), leaving me free to spend all my time on support and improving the…

Oh wow, this looks like exactly what I've been looking for for my not-so-passive income project, textbooksplease.com, for tracking conversions. ...any chance of an HN discount? :D

Hi Christian - textbooksplease looks great. nice job! I was wondering: 1 - how do you monetize? 2 - how does the post-stickers-get-tshirt marketing channel perform (and how do you know, as it's hard to track..)

cheers!

Re: Your best passive income? (2014)

#407

Post by jmduke » Thu, Jan 23, 2014, 10:33 PM UTC

astral303 wrote: post #238

IanDrake wrote: post #176

Earlier quoted context omitted.

Nothing against you specifically astral303, but this is exactly why I will probably never build a stand-alone mobile app.

I re-read my post and I realize I do sound like a whiny asshole for not getting feature requests for a $5 app. Good perspective.

This is like two days late, but its incredibly refreshing to people acknowledge that they had a wrong/flawed perspective, especially on HN.

Re: Your best passive income? (2014)

#408

Post by peacemaker » Fri, Jan 24, 2014, 12:30 AM UTC

pcharles wrote: post #402

peacemaker wrote: post #185

I make about $400 a month quite passively by selling software with Envato. Just the occasional comment and email which takes 5 - 10 minutes a day at most. I also sell a beginners book on creating and selling WordPress plugins which only sells one or two a week. I have a bunch of cool stuff out there but my biggest weakness is marketing. I can never seem to drive enough targeted traffic to my projects.

where can we find the book?

It's here: http://creatingplugins.com/book

Like I said, it's mainly for beginners but I'm working on another one (using LeanPub they're awesome!) which will be much more in-depth.

Re: Your best passive income? (2014)

#409

Post by jadc » Fri, Jan 24, 2014, 11:07 AM UTC

gmays wrote: post #387

jadc wrote: post #380

Earlier quoted context omitted.

Very cool. Congratulations! I am also into residential real estate and was wondering why you chose to go the cash route especially when rates have been so low. For instance, in the properties that I am currently in business for, for 20% down I able to fetch a 30% ROI after mortgate + all fees incl. property management, taxes, insurance, etc... For the same properties, if I would go all cash, my return would be closer…

I tried, and I even looked at hard money loans, but at the time I couldn't get any (even with an 800 credit score and never missing a payment on anything in my life). Lenders were hesitant to loan for investment properties, especially in condo complexes with low owner occupancy rates. In 2012 I learned that I didn't look hard enough when I a buddy told me he 'had a guy' that he'd get loans from for the same thing for…

Thanks a lot for your response. I may shoot you an email since you offered before. Would be interested in discussing further.

Re: Your best passive income? (2014)

#410

Post by ivanyv » Fri, Jan 24, 2014, 2:41 PM UTC

12 years ago I started a vertical social network for schools. We tried to hustle and visited schools one by one to sign them up. It crashed. Hard. Over time it evolved into a simple school directory, and after 3 years or so, it started making consistently about $300/month on AdSense. Revenue continued to rise (slowly), and now somedays it breaks $200/day. In the last 10 years I've spent like a week at most on the site.

Weren't it for years of stupid decisions (and a family, the one best decision ever though), I could almost live comfortably off of that.

Motivated by breaking $100/day a few months ago and now $200, I'm using it as a sort of template to launch other sites. By this time next year I might actually break $10,000/month and then finally relax :)