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Friday, 20 April 2012

JCMayer777 - A Infobarrel Member Who Everyone Can Learn From

I have been on IB for over a year now and after investing over 500 hours writing and learning I have started seeing sustained success. This success has been a great journey for me where I have met very influential people such as Pat Flynn and JCMayer777


Saturday, 14 April 2012

Looking To Hire Writers For $300 Per Month From Infobarrel


After 3 successful months on Infobarrel I am now looking to really turbo charge my passive income. If you have followed me and my writing on IB you will know that I am trying to generate passive income so that I can cover my mortgage costs on a monthly basis. I am paying $833 per month for my mortgage and this is Interest only. At the moment I am making $170 per month and hopefully by the end of April will be reporting $200 on my income and earnings report. I am not quite there but  I am happy with the progress I am making. Eventually I want to make $1000 per month by the end of the year so I can pay my mortgage repayments without dipping into my earnings. 
                                             

Tuesday, 10 April 2012

My Master Plan To Make More Money On Infobarrel By Outsourcing

It has been 14 months since I started writing articles on Infobarrel. Since then I have written 299 articles and am currently making $170 per month. I really want to make this figure grow and if my plan to pay my mortgage using passive income is to come true then I really need to supercharge and mastermind a revised plan. You can read my income report here: Knighttrader Income Reports





My Master Plan To Make More Money On Infobarrel By Outsourcing

It has been 14 months since I started writing articles on Infobarrel. Since then I have written 299 articles and am currently making $170 per month. I really want to make this figure grow and if my plan to pay my mortgage using passive income is to come true then I really need to supercharge and mastermind a revised plan. You can read my income report here: Knighttrader Income Reports





Monday, 9 April 2012

Using My Profile Page To Maximise My Revenue On Infobarrel

I love Infobarrel and I want to should about it from my rooftop. Infobarrel has really helped me generate passive income which I will eventually be using to pay off my mortgage. At the moment I am on a interest only mortgage payment with Santander and pay $833 or £500 per month. I want to generate enough money to pay this monthly and then go onto repayments and eventually pay off the entire debt. 

Infobarrel Earnings For 2012 - The Year Everything Comes Together

I have been interested with passive income since 2009 and have been entertaining the idea of trying to pay my monthly mortgage payments passively. There have been lots of ups and downs and there have been times when I really wanted to throw the towel in. Fortunately I feel that I have started to make progress and my efforts are finally coming to fruition.

Thursday, 5 January 2012

How To Ask Rich People For Money

If you want help then you need to know how to ask rich people for money lots of it. You might think that this is a very unproductive and the chances of getting anything is low but this is not true! Many people have become really wealthy by knowing how to ask rich people for money and you could be a few letters and emails away from really making some real income. It is really quite easy but requires a lot of discipline and organisation and sweat.


How to ask rich people for money is there an art? the first thing that you have to do is research and then more research. You need to look at the wealth list, or the Forbes list which will give you a list of the most wealthiest and richest people about. These may include Bill Gates and Warren Buffet and a whole host of others. These people are philanthropists who want to do something for people to aid them, Just imagine you make a lot of wealth then you would be wanting people to know how to ask rich people for money.

Sunday, 3 July 2011

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





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 in my first full month with 390 answers 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




The Virtual Assistant that I have hired is Mohammed Adil who is based in Pakistan. I have created a contract with him whereby I will pay him £100 or $166 to answer 1000 questions in the month of July. I really hope that with all the questions that I have answered and the ones Mohammed will answer I will be able to earn £100 in July. Here is Mohammed's profile which clearly shows that he is a very capable individual. Mohammed has also been employed previously and received good feedback.




My virtual assistants expertise include the following;


- Accounting
- Tax
- Finance
- Forex


These subjects have the highest paying adwords which I am really pleased about. The way I see it is I am not a expert at these topics and the time it would take me to answer 10 questions through thorough research Mohammed can probably answer 30. I have provided my VA with a strict criteria on how to answer the questions which include the following.


- The Answers must be comprehensive and between 150 to 250 words.
- The Answers have to add value and must not be copied or spun.
- All the content will be checked to see if it is copied.
- 33 Questions must be answered each day and emailed to me.
- If the quality of the answers are good then he will receive more contracts worth even more money.


Mohammed is really eager to start and I have emailed over his Task 001 which has 33 questions on them all of which are accounting related. I chose the questions based on the following criteria. The strategy was given to me by a fellow Infobarrel contributor X3xsoldiweX3X who came up with the idea. I have also added a few other things to the strategy and it is a work in progress.


- The questions must have a lot of views and the amount of views must not exceed the amount of days it has been posted. So if a question has had 2000 views and has been posted 1999 days ago this means that I will generate at least one view per day providing there are no other answers.


- The question must not have too many answers. Most of the revenue is generated from unanswered questions however if there is too many answers the revenue is shared so you don't really earn that much.
It is better to answer a question that has been posted 50 days ago with 100 views and 1 answer compared to a question which has been posted 50 days ago with 1000 views and 12 answers.


- All the questions that I pick will have a relatively high CPC meaning that when I do get a click it will be worthwhile. Many successful experts on Webanswers such as IMHO and SlipFallGuy have stated that answering questions in specialist areas really increase the revenue that you can generate.


- Every answer will be personally edited and checked to see if it passes for a good answer. I will edit and then provide my VA with the feedback so that they do not make the same error again. If I can work well and in harmony with my VA I know that I can make a profit margin here.




I have really high expectation for this project and I really think that my Virtual Assistant is good enough to answer 33 questions per day. If he can complete the contract then I will have 1400 answers under my belt. If I earned £32 per month from 390 answers then with 1400 I can expect to make £120 per month. I will be really conservative and hope that I at least earn £60 per month and achieve the minimum payout. Many people might think what is the point of paying someone £100 if you make a return of £60? Well with passive income I can hopefully expect to make £60 per month continually which means in a year I will make £720 which is over 500% return on investment.






If this project really takes off and I have high hopes for this as I believe in the site, the strategy and the VA then I can see myself doing this on a continuous basis. You might be asking what I will be doing if I have hired someone to answer all the questions and the answer is I will be doing the following.


- Developing my Cold Sore Remedies Niche Site.
- Supercharging my Infobarrel Articles through spinning and reposting.
- Backlinking my niche site and articles.


I really hope I can achieve at least another £100 in the month of July as Xomba has really been disappointing for me as they blocked my account without an explanation. I really look forward to reporting on my success or failure and any income that I do make. I always post my earnings so please bookmark my blog so you can drop by from time to time.


I always like to end my posts with words of wisdom that capture the mood of what I am trying to get across or learn so here goes.


If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business - Lee Kuan Yew





Saturday, 2 July 2011

Covering The Mortgage Passively: My 30 Day Challenge To Make My Infobarrel Articles...

Covering The Mortgage Passively: My 30 Day Challenge To Make My Infobarrel Articles...: "I am into residual income in a big way and the purpose of this blog is to generate enough income from the internet to pay my monthly mortgag..."

Turbo Charging My Articles To Earn More Passive Income

Anyone who reads my post will know that I like to be as efficient as possible. I love the quote "Efficiency Is Doing Better What Is Already Being Done". Using this philosophy I am trying to really take my passive income to the next level and you can read about my plans to supercharge my webanswers residual income. I have really been happy with the progress I have been making and I have made £100 in the month on June. I now want to really turbo charge all the content that I have on the internet and really squeeze every ounce in terms of passive income out of them. My ultimate aim is to pay my mortgage using the passive income that I generate. I currently pay £430 per month on my mortgage and if I can pay this residually then that would be amazing.


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 




Thursday, 30 June 2011

Income Report June 2011

I am really excited about writing this post and will be my first official income report for my residual income efforts. Just before I start to reveal the numbers I just wanted to explain the purpose of this blog as the name may be confusing for some of my esteemed readers. Covering the mortgage was created to document all my progress and efforts to generate passive income so I can meet my monthly mortgage payments. I currently pay £430 per month which is equivalent to $716, paying this amount every month is such as burden and my plans are to pay the monthly mortgage amount using passive income. If I am successful and start making a decent stream of residual income then my next target would be to pay the entire mortgage off but that is a long way away.

Income Report June 2011

I am really excited about writing this post and will be my first official income report for my residual income efforts. Just before I start to reveal the numbers I just wanted to explain the purpose of this blog as the name may be confusing for some of my esteemed readers. Covering the mortgage was created to document all my progress and efforts to generate passive income so I can meet my monthly mortgage payments. I currently pay £430 per month which is equivalent to $716, paying this amount every month is such as burden and my plans are to pay the monthly mortgage amount using passive income. If I am successful and start making a decent stream of residual income then my next target would be to pay the entire mortgage off but that is a long way away.

For the Month of July I made £102.55 which is roughly equivalent to $170. I have outlined the breakdown below.

Webanswers £35.77
Xomba £30.07
Infobarrel £22.96
Cold Sore Remedies Niche Site £2.91

Webanswers


I started using webanswers from the 14th of May 2011 and have answered 361 questions on topics such as health and investment. On average I answered 8 questions per day and earned £35.37 for the month of June. I really like webanswers and believe it has potential to make me at least £100 per month which is my ultimate target. I have learnt that the more active you are the more money you can make. Most of the income comes from unanswered questions and page impressions are distributed by the amount of people who answer. The better the quality of your answer the more impressions you will get and more likely you are to earn. 

What I have learnt from Webanswers
- Only answer questions you are able to answer and always add value.
- Make the answer as helpful as possible
- Answer questions which have high views which means there is some SEO juice coming through

Targets For Webanswers
- Answer at least 20 questions per day on high paying subjects you are able to answer and add value to.
- Try and add as many pictures to my answers as this may impact on earnings.
- Consider outsourcing some of the questions so I can increase the amount answers under my belt.

Xomba



Xomba has been another great source of revenue for me. I have about 50 articles and 1000 bookmarks and have generated £30.07 which is roughly equivalent to $50. Unfortunately Xomba has blocked my account without giving me any reason whatsoever. I have emailed the CEO of Xomba Nick Verenis for an answer and it has been 2 weeks and I have not been given a response. I will continue to keep chasing them for an explanation as I invested 2 months of my time there and it is not fair for them to take the earnings away from me. Xomba is a great site however I fear they are becoming more and more like Ehow and treat their community unfairly. I shall keep you updated on what is happening here.

Infobarrel

I have 196 articles on Infobarrel with very little backlinking or promotion. I have earned £22.96 which is roughly equivalent to $38 which is great. I now want to use my existing articles and make them earn as much money as possible. My ultimate goal here is to generate £100 per month which would be a fantastic achievement. My plan now is to get my 10 highest earning articles and then add pictures to them. For every picture added on your Infobarrel article you also create a media page which has adsense ads sprinkled on. So If I get my 10 highest earning articles and add 3 pictures on each one I will have a 40 pieces of content all with adsense ads on them which should increase my earnings. Many writers on Infobarrel such as Chezfat and Godfather have reported success using this method and I want to see if I can emulate them. I also want to create 10 backlinks for each of my best earning articles to see if this impacts on my earnings. even if I can reach £40 per month using these strategies for July I will be more than happy.

Targets For Infobarrel
- Add media to my highest earning articles.
- Add 10 backlinks to my highest earning articles.

Cold Sore Remedies Niche Site



My niche site has started to progress too which is all about Cold Sore. The keyword that I have been targeting is cold sore remedies. Although it is early days and this is completely new to me I have made approximately £2.91 and have 19 pieces of indexed content and I am currently at position 76 on Google search engine results which I am happy with. Earnings will rise with quality content and backlinking which I am planning to do in July. 

Targets For Cold Sore Remedies HQ Niche Site
- Add another 30 pages of quality content.
- Implement first layer of backlinking 
- Promote the content on forums 

It has been a really busy month for me and if I can generate another £100 for July I will be more than happy. I have achieved 20% of my ultimate goal of paying my monthly mortgage payments using passive income and with continued effort and determination I hope to be achieving 100% of mortgage payment. As always I like to leave my posts with sore sort of quote that really catches how I feel so here goes.

Little minds are tamed and subdued by misfortune, but great minds rise above them. - Washington Irving


Monday, 27 June 2011

My 30 Day Challenge To Make My Infobarrel Articles Earn More Money

I am into residual income in a big way and the purpose of this blog is to generate enough income from the internet to pay my monthly mortgage payments. At the moment I am targeting £430 which is my monthly mortgage payment amount and I am generating about £100 per month through the internet which I am really happy with because I have achieved 20% of my target. Ultimately in the long run I hope to pay off my entire mortgage with the money I generate passively.



Sunday, 26 June 2011

Is Xomba Really Worth It? Review - Earnings - Experience

Anyone who has previously read my posts will know that the purpose of Covering The Mortgage is to generate passive income from the internet to pay my monthly mortgage payment. I pay about £430 per month and at the moment I am generating £100 per month and Xomba is making a large contribution to this.

I came across Xomba in 2008 because I had read a review on how people were making a decent amount of money writing articles and receiving money for adsense clicks. Xomba is a revenue sharing website which shares its revenue 60:40 where the member receives 60%. I started writing for Xomba in 2008 and after writing about 20 articles I was making about $5 per week which was not bad at all. I then stumbled across an Xomba article where the writer was claiming to make $3000 per month and the owner of the site Nick Verenis had confirmed this. The name of the writer was Dedom and he was offering to share his secrets if I joined under his username which I did.

My Niche Site Development Plan Using Pat Flynn's Strategy


Anyone who follows my blog will know that I want to generate passive income so that I can make my monthly mortgage payments. At the moment my mortgage payment is around £430 and I am generating almost £100 per month here which means I have achieved 20% of my goal. I am really happy with my progress however I don't want to take my feet off the gas. I have written articles on Xomba and Infobarrel and I answer questions on Webanswers however the place I really want to make money is on my niche site.
I was inspired to build a niche site after I followed the progress of the Niche Site Duel between top bloggers Pat Flynn and Tyrone Shum. They challenged each other to to create a niche site from scratch and take it to the top of Google search engine results. I followed the progress they were making and was amazed at the strategies they used to achieve their goals. At the moment Pat Flynn is earning about $1000 per month from his site and this is something that I really want to follow.

Saturday, 25 June 2011

My Challenge To Create Time For Passive Income

The purpose of this blog is to generate passive income which I will use to pay my monthly mortgage payments. At the moment the interest rate in the UK is 0.5% and the rate on my mortgage is 3.29%. I pay approximately £430 per month. Making my monthly mortgage payments using passive income would be such an achievement for me. I am currently generating £100 per month so far which means than I have surpassed the 20% mark.

I am working hard towards my targets but I am also wasting a lot of time doing things that are not really contributing towards the passive income stream. When I do go online I am not as efficient as I like to be and these things are really holding me back and making me achieve my goals slower. I am now determined to organise and plan in advance so that I know exactly what I am doing. 



Friday, 24 June 2011

Making Money With Infobarrel - Earnings - Review - Panda

My experience of infobarrel has been mixed to say the least.I stumbled accross the site after top blogger Pat Flynn made a recommendation based on the earnings potential and growth of the site. I was very enthusiastic to start with in January and within a couple of months wrote 180 articles. I was progressing really well and made £28 which is $48 per month which is a fantastic acheivment for me. These results were obtained without backlinking. I then proposed to backlink as many articles as I could and use Market Samurai to improve my keyword research. I was really getting into my stride when the Google algorithm change took place and my monthly earnings in dropped about 50%.

Sunday, 19 June 2011

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.