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Ask HN: What was your best passive income in 2017?
83 points by negrit on April 11, 2018 | hide | past | favorite | 90 comments
Any side projects, Game, OSS, Hacks.


I got like $10 for the whole year selling books with literally only the poop and alien emoji in them. Pretty sure it's just book reselling bots though, but I can't be sure.


Is this a two-character book, or one or more longer (but illegible) books?


It's two separate books, each ~150 pages long with just that emoji repeated. Completely useless, made em as a joke a few years ago, they still bring in money during the holidays.


Would you mind sharing a purchase link?



I made an Adsense plugin for Angular and if you copy and paste the doc's use example with my ad code (it says to replace) it shows you my ads (duh). Several people have for some reason used it in production, maybe hoping to get their own adsense account/code later. It earned $140 last month.


I'd be careful, if the end-user breaks google's policies you could be banned from adsense permanently.


I thought about doing something similar like this, just seemed to shady for me to actually do. Good job though!


100-200/mo from YouTube this year. Down from nearly a grand at it's peak. Algorithm is worse, ad rates are terrible and demonetization for no real reason is very rampant.

So I guess mutual funds is the answer this year.


If yt/g isn't careful they are going to start bleeding out users even faster than they already are. I've seen a huge uptick in comments like yours the last few months. To go from 1k/mo at peak down to 100-200 largely due to their arbitrary algorithm fuckery is... really fucked up.


How many total views is that income spread over? Are we talking like 100K / 200K range or over a million?


Bought a couple cheap condos near the biggest university in a flyover state, got a property management company to take care of everything (finding tenants, collecting payments, handling service calls, etc). It's a few hundred bucks a month on top of other people basically buying houses for me.


Does it make free cash flow after all expenses (including amortization of big ticket repair items) ?


Yes, the figure I gave was profit after all expenses. Since they’re condos, the association covers the heating/cooling system and everything exterior. I guess we’ve been lucky on the repair front, because the only thing we’ve had to pay for (in ~6 years) was a cheap dishwasher and toilet fix and occasionally repainting between tenants.


Have you done the math on estimating returns with things like a gap in tenancy, repairs, etc. factored in?


Not really, but like I said in response to other comment, we’ve had very few repairs. There’s never been more than ~1 week gap between tenants — near university housing is always hot, and the management company only gets paid if the place is occupied. They usually have the next tenant signed before current one leaves. In one, we’ve had the same tenant for the whole time.


Truly passive: Stock gains

Mostly passive: Managing rental properties. There is some work involved occasionally when things break or new tenants need to be found, but for the most part I just collect my fee each month.


Do you worry about renters you'll have to evict? That's what scares me about getting into this -- the thought of losing thousands when it can take months and months to get someone out. Plus the emotional toll of having to do that; not sure I'd want to, although from watching some TV shows on it it seems there's quite a few people who do it on purpose. Still, if those people have kids...


Yeah, it's always a concern. My mitigating factor is that the properties I manage are very close to a University, and students at top Universities tend to not want to mess around, especially as finals approach. In 18 years I've never had a missed rent payment, other than a couple times that were truly "I was thinking about finals and I forgot".


You can use a property manager, they will take 10% of gross rent. If the margins aren't good enough to support that, then the property isn't a good buy.


> You can use a property manager

OP is the property manager :)


Did you purchase a long time in the past? Are you getting free cash flow (ie after all expenses) from your properties?

When i've looked I havent found deals where one is actually making money (unless you count the equity on the property) and usually are eating cash flow monthly.


It's way easier to do in low house price areas. If you are small time (e.g., 9-5 worker looking to buy an income property). it's hard to find a passive income property in, for example, NY/NJ/CA.


I don't own, I just manage.


Yup. This resonates with me as well for stocks and properties. Takes a long time to build and quite underwhelming to own. Nothing to brag about as people pretty much roll eyes and move onto talking about sexier ways of making money.


> ...properties.

Guessing this means more than 1, or even 2. How were able to finance these purchases? Asking cos most lenders (that I've talked to) require a large down-payment, like 30% + or more.


I don't own them, I just manage them for other people. It started when I was in college, and I've just kept doing it.


I make ~$200-250/month with Find-me[1]. Essentially a database with statistics and contact information for content creators actively looking for advertisers/sponsorship opportunities.

Had a lot on the road map (creating more of a platform) but have pivoted to other projects since this doesn't seem to be getting the traction I was hoping for.

[1] www.find-me.co

Also make ~$1.5k/year from old Udemy courses on pretty basic topics (beginner-level SQL, Google Sheets, etc).


Public market stocks. I know this isn't exactly what you're asking but I mention because it's worth considering in your personal decisioning framework (and is my honest answer)


Just to put it in perspective, you can make ~$500 per month from having $150,000 in mutual funds if you assume that you make an average of 4% per year after inflation. VTSAX made almost 15% last year, but last year was unusual.


I've put $23k into $clm and make $345 in dividends a month.


That's a very large initial outlay.


$10k gets you $32 a month, roughly. And that's not even an especially safe rate of return - true fixed income would be closer to 4% before inflation, i.e. 2.5% after inflation.


Google about "safe withdrawal rate" and you'll see theres a bunch of information about a portfolio being able to fund 4% long term (in perpetuity?) .


I know of it, and I think it's optimistic. You have to factor in the chance for inflation to go up and general equity returns to go down. I think 7% nominal returns is an outlier in the history of the world.

For example, the 30 year TIPS return at the moment is ~1% - I would consider that a truly "safe, real interest rate" return. By that standard, taking out 4% in real dollars has a significant chance of depleting your principal over time.


Picketty's "Capital in the 21st Century" gives ~5% as the historical rate of return of capital after inflation, which is remarkably consistent across countries and decades.

1% is way off.


a robo-adviser I am using "assume[s] a return of 5.1-5.45% on stocks and 0.74-1.05% on bonds after 0.5% fees". I do find these numbers a bit pessimistic but at the same time, I would expect the robo-adviser to give more optimistic numbers than pessimistic ones.


0.5% fees are high. are you getting value out of those, compared to index funds and some vanguard target funds that are 1/10th to 1/4 of the price?


they do auto-rebalancing and auto tax loss harvesting, kinda hands-free investment. Real human investors can charge 1.5%


S&P 500 return was about 22% in 2017. On paper, I made a lot, although I have no plans to touch any of it for a long time.


+1 for VTSAX


$1000/year for hosting.

Got a cheap HostGator shared hosting and host low traffic websites for some clients (static/WordPress).

As a designer with no advanced knowledge in hosting/IT/domains/backend, it was pretty easy and no complications, I can't complain.

Now planning to move from HostGator to DreamHost because HTTPS is expensive in HG and free in DH (also using the free Netlify plan for static sites, HTTPS free).


How much to people pay you for hosting one such site? The idea to design and host simple sites sometimes crosses my mind when I go to some restaurant that doesn't have a working site.


$100-$200/year.


A game that had 2mm++ downloads free / paid since 2012. It's an online game with players still playing although well beyond it's peak. Since 2013 we pivoted from making games to it services and had not much time to make significant changes other than updating to newer iOS. It still generates about 2-3k yearly revenue which is a good bonus in central Europe.

soctics.com


Checks if a website is mining crypto currency http://whoismining.com

Donations/Affiliates 10/month


My blog gets 1M unique visitors per month and earns 2K/mo with adsense.


Question: with that many uniques, wouldn’t you be able to monetize further? Affiliate marketing and such?


Seems low to me too. I'm getting ~US$200/month with about 30k page views per month (not even uniques, but I'm a one-stop-shop, not a portal).

And it's all static, so zero maintenance. Just pay the couple bucks a month to S3 and domain names.

But then again, I target people angry at their XYZ provider, so the clickthrough rates are pretty good :)


Are you doing the writing or are you aggregating or something else?


Myself, but I haven't added any content for ~4 years.


Niche/industry can have a huge impact on cpms though.


What's your blog?



I offer up a weekly printable office football pool sheet for the NFL season. I've had it running for a few years now, and I find that it ends up doing better each year. It's mostly automated/passive, but I spend about 15 minutes each Monday night updating it for the next week.

I mention this one because it's one of those things that I just did, mainly for my own needs, and put out there. And it mainly just sits there but does better year-over-year.


$32 a month from a cash pension (in the form of an annuity) from a previous employer. Apparently they still exist, and it pays half of my phone bill.


wow how'd that happen


Once I worked for a forestry industry company and they forced me to be in the union. After a month of working with them I had accrued like $300 in pension (total value, not monthly). They actually tracked me down and paid it out to me like 4 yrs later when I had completely forgotten about it. Probably cost them $300 to get it into my hands.


For people who have been in the workforce for a while, substantial legacy pensions from prior employers are still pretty common--even in tech.


Fortune 50 companies with enormous legacy systems. Not recommended, but it is a nice "sorry for all the stress" bonus.


Got lucky with a Kickstarter project that has evolved into a business which finances my life/interest in programming+design. It was definitely the most lucky thing to happen to me in my entire life.


Is it truly passive if it's a business?


Debatable, but I've hired a few people and do next to nothing—maybe an hour or two a week. Plus, aren't all profitable side projects technically 'businesses'?


What project is this?


I'd consider spending time organizing and planning my finances a "side project" since I'm a spreadsheet geek and enjoy doing that sort of thing.

As a result, I realized I was an idiot and had let too much accumulate in my checking account that gets abysmal interest. Moved it to a savings account with slightly better interest and I get a little more money from it. Nothing worth writing home about, but definitely worth the few minutes it took me to make that change.


What savings account, if you don't mind?


I don't share that information, but I'd suggest you check sites like Bankrate or other comparison sites (warning, they are all affiliate sites) to check out savings rates.

Suffice to say, I went from something like .01% APY to considerably more than .01%.


I make ~300/mo off of a peer-to-peer loan management software I created for lenders off of 0 marketing (just word of mouth sales). I have some residual revenue along those same lines for a book I wrote in 2015 on helping junior developers get hired at their first job (link in bio if interested).


100 bucks about every 2 months from Youtube ads. Aboot 10 bucks a month from adsense. Can't be arsed to do more aboot my Youtube and webpage. 's fine for now. Maybe down the road sometimes in the future. There's definitely potential, definitely an audience with need tho.


I feel like this recent article "Don't give away historic details about yourself" is relevant: https://news.ycombinator.com/item?id=16793636


Made http://historio.us, a full text search engine for bookmarks, nine years ago. It's been making a few hundred dollars a month with zero marketing ever since.


Releasing the Landing Page Cookbook[1] and making Product of the Day on ProductHunt worked pretty well.

[1] http://yourlandingpagesucks.com/cookbook


Interesting answers. I expected Bitcoin owners to be a big part, 2017 was crazy.

Wondering if, a) there are not too many people owning bitcoin in the hn community. b) everybody is a HODLER. c) nobody counts this as passive income.


or maybe they cashed out in 2018? I sold my Ethereum in 2018


In 2017, I made a net profit of $11,000 from 3 niche websites + my blog about said websites

I also have other investments I keep for retirement but I really do not track how much I get there. It is for the distant future.


iOS app “Leap Second” made about 2k a month last year this year 5-10k. Required some initial upfront work to create the app but since then Ive been putting in about 2h per week.


I got about 20% ROI from cryptocurrency. I didn't get greedy, just targeted a better return than any other account.


Are you targetting a specific coin you like for the featureset or are you diversifying and just spreading it out and focusing on the volatile liquidity at play?


I keep it simple. Only invest in coins with very good fundamentals, as in so strong they could potentially beat Bitcoins.

Buy when people are panic selling for no reason. Sell when everyone gets excited about it, when people like my farmer uncle are advising me to buy.


Emoji domains... making enough to pay for a Subaru Outback car payment every month!


Where can you buy those now? I remember they existed, but I thought that was basically a registrar bug that was fixed. The last time I searched around, I couldn't find any registrars that permitted emoji domain names.


Yeah! https://xn--i-7iq.ws Still a work in progress, but we've sold like 25,000+ of 'em. Just launched .fm as well...


crypto "investments" and some mining, 401k, etfs


I got $1500/month for cleaning houses on weekend.


Does it qualify as "passive"?


Are there many part time cleaning jobs out there for men? It seems like an interesting way to make side money but it strikes me as a job people prefer to hire women for (sort of like nanny jobs).


Good question. While I do get the bias of society towards women for nanny jobs, I don't see why this would apply to cleaning people.


Amazon stock


$nflx stock


Bitcoin investment up to 40k




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