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What was your best passive income in 2014?

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Re: What was your best passive income in 2014?

#81

Post by Cthulhu_ »

parfe wrote: post #4

Bought 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.

This is probably what my landlady's thinking too. She works as a tour guide somewhere in south-east Asia, is away 3/4th of the year, and has this quiet dude looking after her house and probably paying for her mortgage, :p. She didn't raise the rent last year since she's happy to have me. I wouldn't mind paying less though, it's kinda meh (old house, single room, etc)

Re: What was your best passive income in 2014?

#82

Post by jadc »

I have a few rentals properties which each brings in around $300/month after all expenses (including property management so I don't have to do anything). Each property price is around 56-60k so if you get a mortgage you only need to put down around 20% of that. It's a pretty good ROI of ~30%.

Email in my profile if you are interested in details.

Re: What was your best passive income in 2014?

#83

Post by bengali3 »

ph4 wrote: post #58

About $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?

Re: What was your best passive income in 2014?

#84

Post by MobileAppVault »

cageface wrote: post #51
MobileAppVault wrote: post #43

Earlier quoted context omitted.

Yes, I guessed it will be more. :( How much do you get with the free version of Liquid Lens?

I was hoping that the free version + IAP would generate significantly more revenue than the paid version, since I've read so many articles claiming that freemium is the future of the app store. So far this hasn't been true though. Currently IAP revenue from the free version tends to be about 1/3 the revenue of the paid version even though free app downloads outnumber paid by at least 10 to 1 on most days. It does see…

Thanks for sharing your knowledge :) I think... IAP are good because you can show your potential customers how good your app is.

Re: What was your best passive income in 2014?

#85

Post by tjtang »

easyname wrote: post #13

I had a motorcycle which I had bought for 126K INR. I was not using it much except to commute from home to office. I was going to sell the bike, then suddenly this idea clicked. It took few hours to make and host indiarider.com(people can take the bike on rent). Its been two months now, I have made 15K till now, 7K last week.

That's really good returns, 7K a week from a 126K startup capital. The obvious next move would be to scale it.

Re: What was your best passive income in 2014?

#86

Post by gaeappthrowaway »

I 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.

Re: What was your best passive income in 2014?

#87

Post by rolfvandekrol »

tjsix wrote: post #44

Not entirely passive due to a small amount of support emails each month, but bringing in roughly $1600-$2500/mo (slower in summer) for niche WordPress themes. That's with virtually no marketing or advertising other than a $5/day adwords budget.

$5/day adwords budget is not 'virtually no marketing or advertising'. That is about the sales of a slow month over the year.

Re: What was your best passive income in 2014?

#88

Post by what_ever »

eli wrote: post #72
vetler wrote: post #65

Earlier quoted context omitted.

Have you compared this to just putting the money in a high-interest savings account?

What counts as high-interest these days? Half a percent?

http://www.nerdwallet.com/blog/banking/nerdwallets-top-high-...

Getting $25/year would need around $3000 in the account. Although it might not increase much over the years.

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