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Posted: Fri Jun 07, 2013 7:34 am
by bluejoey
I'm thinking of things like landlording, small businesses, blogging, websites, freelancing, book-writing, etc. What's brought you the most income, aside from 9-5 or part time jobs, cutting expenses, DIY projects, and investing?
For me, last year I made around 5k from freelance writing and around 5k from our wedding photography business. We've since shut down the business, and I only write these days for a bit of extra cash now and then. My free time these days goes to learning Spanish.
What about you?


Posted: Fri Jun 07, 2013 8:59 pm
by chenda
Renting out a spare room was pretty good, I got £375 a month tax free. Though you have to be careful to find the right tennant. I also did some tutoring a few years ago, made about £60 a week but it eat up my saturdays and I did'nt really enjoy it.


Posted: Sat Jun 08, 2013 4:24 pm
by chicago81
I bought a second condo unit in the building where I already live, in the summer of 2011. It was foreclosed on and bank owned. I had been following it on the county records website, and I made a lowball cash offer for it, on the very day it went on the market. Bought the 1 BR condo with private garage parking included, for under $70k. Currently renting it for $1170/month. It has been a fantastic investment and ROI, and is easy to manage because I live right in the same building.


Posted: Sat Jun 08, 2013 7:18 pm
by epoch707
Inherited a large sum from a deceased relative and bought Apple in 2010, yielding a 4-5% dividend on top of the large capital gains (even with the 40% decline) and growing. I was thinking of getting into real estate but maybe later.
I got lucky and was a lil risky betting the farm on one stock, but it paid off.


Posted: Sat Jun 08, 2013 7:24 pm
by OTCW
Test proctor for various standardized testing agencies. If you know any teachers they may be able to get you started. A little bit of administrative and paper work and the test time plus about an hour or two for setup/prep work is about all that is involved.


Posted: Sat Jun 08, 2013 7:41 pm
by prosaic
Self-published fiction writing. I made $3,700 yesterday.


Posted: Sun Jun 09, 2013 1:41 am
by riparian
Most profitable: making erotic hypnosis videos.

Most passive and fun: self published two books, have been making around $1k/m.


Posted: Sun Jun 09, 2013 1:42 am
by riparian
Most profitable: making erotic hypnosis videos.

Most passive and fun: self published two books, have been making around $1k/m.


Posted: Sun Jun 09, 2013 11:11 am
by noskich
What kind of books are they riparian?


Posted: Mon Jun 10, 2013 2:35 am
by prosaic
Yes. In a single day. I have a book in the top 50 on Amazon's Kindle right now (paid, not free) and I'm earning 70% on it in royalties.


Posted: Mon Jun 10, 2013 3:46 am
by Ego
Wow!


Posted: Mon Jun 10, 2013 5:56 am
by 540
For the ebook writers: was the effort worth it financially? Would you do it again? I get the impression that the effort generally doesn't generate even a $1000 a year.


Posted: Mon Jun 10, 2013 12:30 pm
by 540
I'm thinking prosaic is the exception that proves the rule: "Stop the press: half of self-published authors earn less than $500"
http://www.guardian.co.uk/books/2012/ma ... r-earnings
BTW...congrats prosaic!


Posted: Mon Jun 10, 2013 4:26 pm
by JohnnyH
Probably depressed property real estate... But when you're digging around in a crawlspace during July suffocating in your respirator you wont feel much satisfaction.


Posted: Tue Jun 11, 2013 4:19 am
by aussierogue
My books (4 of them) earn me year in year out (for last 5 years) approx 1k per month or 12 k per year (i get 97 pct of the revenue as paypal and ejunkie get a slice). Thats just the books. The only other books written on my subject are 50 odd years old and they still sell for crazy amounts.


Posted: Tue Jun 11, 2013 12:50 pm
by noskich
So, what`s the secret in writing a popular book in short?


Posted: Tue Jun 11, 2013 10:28 pm
by TheWanderingScholar
Definitely. Please?


Posted: Wed Jun 12, 2013 4:38 am
by freebooks
So it sounds like writing books can be lucrative!
Alternatively you could try to write something like a blog and monetize it using a product such as Google Adsense. If you can find a subject and build an audience on a topic that interests you (investing, fugally, traveling, etc.) it could become profitable.
My wife reads a couple blogs by women who make more-than-fulltime incomes off just writing about their kids and stuff they do around the house.


Posted: Wed Jun 12, 2013 10:18 am
by aussierogue
I think a good writer or a blogger needs to be a natural story teller. Someone who likes a chat, can see stories or anecdotes where others cannot. That's just my personal opinion. Some people are just able to engage others with interesting conversation. Its a way of thinking and also a way of communicating. For me Writing comes easily. I don't mean grammatically I just mean that I feel I can put clear thought into clear words written or verbally fairly quickly compared to others. Plenty of stuff im crap at though.
Next important thing is to find a niche or some topic that will interest people. I happen to have a lucrative niche that I know the ins and out of - intimately. I read a book called make money while you sleep. that with the 4 hour working week were enuf incentive for me to get cracking. I wrote all my books in 3 months (like a madman) and haven't written one now for 4 years.
They keep selling and in fact show slight growth month on month.
I use a pen name and not many people know its me. I prefer it that way.
Aussie


Posted: Wed Jun 12, 2013 10:30 pm
by freebooks
I'm not a writer, but I know there are other ways to "make money online" legitimately. Of course, they're not going to be advertised.
For example:
https://flippa.com/buy?revenue_min=1000 ... age_min=12
A list of websites for sale that claim to make over $1,000/month. Of course, this is more risky than real estate and a lot of due diligence must be done, combined with technical know-how for managing things if you did take the plunge and invest/risk the money. Or you could use the websites for ideas on how to build a website of your own from scratch.