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	<title>RaquelMangual.com &#187; writing good articles</title>
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	<description>Not trying to make a killing, just trying to make a living</description>
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		<title>Passive income is the thing</title>
		<link>http://www.raquelmangual.com/2010/03/passive-income-is-the-thing/</link>
		<comments>http://www.raquelmangual.com/2010/03/passive-income-is-the-thing/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 21:26:16 +0000</pubDate>
		<dc:creator>Raquel</dc:creator>
				<category><![CDATA[A is for Automation]]></category>
		<category><![CDATA[ATMs]]></category>
		<category><![CDATA[automation]]></category>
		<category><![CDATA[business ideas]]></category>
		<category><![CDATA[computer programming]]></category>
		<category><![CDATA[ebooks]]></category>
		<category><![CDATA[passive income]]></category>
		<category><![CDATA[real estate rentals]]></category>
		<category><![CDATA[writing good articles]]></category>

		<guid isPermaLink="false">http://www.raquelmangual.com/?p=13</guid>
		<description><![CDATA[Even though I&#8217;m holding down a 9-5 job and an active real estate agent business, I recognize the importance of having passive income streams. I want to work at stuff I enjoy, and I want to have more time, money and freedom to do what I want (like travel to every possible food festival, but [...]]]></description>
			<content:encoded><![CDATA[<p>Even though I&#8217;m holding down a 9-5 job and an active real estate agent business, I recognize the importance of having passive income streams. I want to work at stuff I enjoy, and I want to have more time, money and freedom to do what I want (like travel to every possible food festival, but that&#8217;s another dream). So I&#8217;ve made a list of things that I could create to bring in passive income, and I believe I can make it happen. Here&#8217;s the list:</p>
<ul>
<li><strong>Creating programs for mobile devices:</strong> Since I&#8217;m a programmer just three classes shy of a degree, I might as well use the skills I&#8217;ve got. I&#8217;ve resisted it for a while, but what&#8217;s the point of paying all those student loans if I&#8217;m not going to use the skills I paid to learn? It&#8217;s akin to graduating from law school and never practicing law. I don&#8217;t want to be wasteful of my talents. If I can teach myself PHP, I&#8217;m sue I can figure out the Blackberry and iPhone. I have two ideas for programs already: one to improve an existing program that&#8217;s pretty horrible, and the other is a utility that I believe lots of people will use. I have a Blackberry myself, so I already have a platform to test on. I can&#8217;t talk about the ideas until I do some more research.</li>
<li><strong>Writing articles that bring in money over time:</strong> I&#8217;m starting to experiment with eHow.com and other sites ever since I found <a href="http://www.smartpassiveincome.com/8-principles-for-effective-affiliate-marketing-on-a-blog/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+smartpassiveincome+%28Smart+Passive+Income%29&amp;utm_content=Google+Reader" target="_blank">this post at the Smart Passive Income blog</a>. I&#8217;ve written two articles so far. I&#8217;ll be writing articles for the rest of the month and provide an update during the first week of April.</li>
<li><strong>ATMs:</strong> I connected with another agent who swears by her machines. She&#8217;s always looking to place more machines, and I think I can duplicate her success. I&#8217;ve already found quite a few places that would benefit from an ATM. I may partner with her on my first machine.  This will require some capital unless I decide to lease, so I have to make a decision quickly and get on it.</li>
<li><strong>Creating ebooks:</strong> this is an idea that I wanted to pursue for a long time. I&#8217;d written down in an idea book that I lost, but I never forgot the name I created for it. I&#8217;ve already reserved the domain name and will have my first item created by the end of April. This will be connected to the eHow business.</li>
<li><strong>Real estate rentals:</strong> I want to acquire as many condos as possible and rent them out. I don&#8217;t want houses because I don&#8217;t want to deal with fixing roofs, damp basements, etc. The properties can be acquired with a loan or sub2. This is my least favorite idea however, since it requires the most upfront investment.</li>
</ul>
<p>This is my short list of passive income ideas to pursue. Time to get crackin&#8217;!</p>
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