The Triumph of Adding $50 a Month to your Income

4 Nov

This weekend I checked out a couple of different studio apartments in downtown, as I am toying with the idea (and by that I mean I am completely and utter obsessed with the idea) of moving closer to campus and within walking distance of everything. My self-imposed budget for finding such a place was $400 – and that ideally was to include utilities too.

Out of curiosity (or desperation), I expanded my search on Craigslist to show places up to $500 and one of the apts I looked at this weekend was from that search.

It was a tiny place – about the size of the bedroom I currently live in, but divided into two rooms for a cramped, crowded experience. The landlord and I got to talking and I confessed this place was out of my price range but I wanted to see what $500 would get. She asked what I was looking for and eventually told me that it only makes $50 a month when she rents this place out for $500 a month.

Let me say that again: she only makes $50 a month profit for the hassle of maintaining a sublet and renting it out!

As I was leaving, this thought sunk into my brain of how little money this for the hassle of owning and renting a property.

And how astounding it is that what I’m doing with my internet marketing business allowed me to make far more than that a month in just a couple of months.

So if you’re like me, and you often feel depressed about just how slow and hard and long and tedious and fucking frustrating it is building an online business – just think that if you’ve gotten to the $50 a month point, you’re making more money already than this very nice lady subletting part of her home out for $500 a month and only $50 profit, and you sure as hell don’t have to deal with some stranger living in part of your home!

2 Responses to “The Triumph of Adding $50 a Month to your Income”

  1. MadameZora December 3, 2010 at 5:01 am #

    I just started a store, against all odds, with almost no money at all. A former landlord agreed to let me rent an empty storefront WITH a basement apartment below with no lease, no deposit, and my first month free. He is even allowing me to pay my modest rent weekly, so it’s manageable- some income for him is better than none since he owns the building outright, and it had been empty over a year.

    I sold my van for $700 to stock the store about a month ago, and I put everything I own personally in here- furniture and all. I now have a headshop with antiques, and I make stripper’s costumes too. That’s got to be the weirdest business on earth.

    Thanks for my previous orders, you’ll be hearing from me more regularly from now on, I hope. I am making herbal offerings a primary focus of my store, as well as personal study and exploration. I enjoy reading your site!

  2. Ben December 4, 2010 at 12:57 am #

    Amazing! I wish you the best of luck and success!! Do you have a website for your business or is it in store only?

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