I Have Just Hired My First Virtual Assistant For My Webanswers Project

I have gone and taken the plunge to hire a Virtual Assistant. Anyone who follows my blog will know that I want to create a stream of residual income to pay off my monthly mortgage of £430 per month. Paying the mortgage is such a burden and if I can create a passive stream of income I can really make money from time. Anyone who follows this blog will know that I am a fan of Webanswers and with 390 responses was able to earn £32 in the month of June. I wanted to take the experience to the next level and I have hired a virtual assistant to really accelerate my answering capabilities on Webanswers

My Plan To Outsource Questions On Webanswers To Generate Passive Income

Webanswers has been a really great source of passive income and I want to take it to the next level. I am considering outsourcing many of the questions to virtual assistants who can write well researched answers. Before I reveal my exact method I want to let all my new readers know that the purpose of this blog is to document my progress to build a residual stream of income which I want to use to make my monthly mortgage payments. I have 3 phased targets that I want to achieve


Phase 1 : Create £430 per month in residual income so that I can pay my interest only mortgage

Phase 2: Create £600 per month in residual income so that I can pay my full repayment mortgage

Phase 3: Create £134,000.00 to pay off my mortgage in its entirety 

My Strategy For Webansers

As I previously stated in my first post my aim is to generate enough money to pay my monthly mortgage payments passively. I have mode inroads into generating passive income however I am a long way away to achieving my passive income goals. My goal is to eventually generate £420 per month which is about $700 per month so that I can make the monthly mortgage payments which would be a fantastic achievement. If I was successful then this would really inspire me to pay off my mortgage completely. Having a freehold ownership of my own property would be a dream come true.