Buy to rent splinterlands series. Part 5.

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The plan.



The plan is simple. Using my alt account I will rent out the full deck constantly. It takes up less time than trying to play the game. Using that rental income I will keep buying up cards multiple times a week. From this I will try to build a rental income of 10,000 DEC daily which is a living wage at these prices.

My starting point on the 01/11/21:


  • Cards listed - 1863 DEC
  • Cards rented - 1670 DEC
  • Return on rentals - 37.08%


My current point is:

  • Cards listed - 2141 DEC
  • Cards rented - 1709 DEC
  • Return on rentals - 37.39%


Going forward, I will keep adding to my collection.

A few times a week I will be buying rare cards from the rental market.

I will be doing this every time that my DEC adds up enough to purchase a card that i want.

I am also using monstermarket.io for the purchases to get that extra 5% DEC rewards which add up over time and will allow for a few extra cards over the year.

I did forget one important point since i have been using peakmonsters and that is why i didn't take SPS into consideration. My cards have been accumulating SPS since i started this task and it's only right that i turn that into more income so I traded for DEC to give myself a little extra ammunition for this post.

Since this is the case I moved up a rank for my purchases and bought 4 legendaries and a rare gold.



Today's purchase.





Djinn Oshannus x 4



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Chaos reward.
Legendary - Water monster.
Price - $39
Rental price - 12.99 DEC or 52 Total per day
Returns at 131%



Venari Wavesmith



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Chaos reward.
Gold - Rare - Water monster.
Price - $38.
Rental price - 9 DEC per day
Returns at 91%



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Rental status.



The numbers are sneaking up week on week. This is the early part of the season so there will always be less demand but i'm happy to keep my rentals up over 30% APR and then be able to keep adding to the collection. Four legendaries in one purchase is not a small but and it was for a total of $180 for the five rare cards.

I know that this week was inflated by selling a couple of hundred SPS but the plan is working. I'm able to keep buying new cards every week and rent for profit. Everything that i do on hive is with along term vision as we keep growing. THis project is with the aim of buying up lots of valuable cards that will increase over time and be able to rent them for profit. If you look at the untamed series, the cheapest legendary monster is 3x to 4x more expensive than the chaos series. When these cards run out next year i would expect the same price appreciation while having earned 100% of the price back from renting.

All it takes is time and i will have a free deck. The benefits of crypto and play to earn.

There is still room to get more out of my current rentals and i will play around a bit before end of season to get a better return and sell a few of poorly performing ones to buy better rental cards. There is a difference between good cards to buy for playing and good cards to rent for profit.

Posted Using LeoFinance Beta



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19 comments
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Wow that's class. Fair play

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Just another way to earn on hive. Buy to rent card for passive return. One of 100 ways. That's why we love it here.

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Good approach! I noticed that I just can't seem to be good at the game and also turned to renting out cards. I was lucky to catch some nice deals before the cards went up a lot.. a few bucks a day rentals here, but at least it adds up at the end of the month! I'm stacking my dec mostly though, but had already noticed some cards need to be leveled up soon. I love how these cards stay your own while you can keep earning with them :)

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Everything adds up as long as you keep stacking. It's a great form of passive revenue if you don't have the time to play the game.

Personally I love to play as well and these are just my spares that are on the market. It's great to be able to put them to use and get those dollars every week.

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I bet I'd love it too as I wouldn't lose that much :) lol... But often I'm also lacking time, so best to just put them in the market ;) at least they're useful then and making some dollars ...

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(Edited)

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Do you daily adjust your rentals? Like this, you might hit even 50%. I'm having high-priced cars that at the end of the season do very well on renting, but I'm kind of lazy to adjust pricing during that time.

!BEER & !PIZZA

Posted Using LeoFinance Beta

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I don't adjust them often. I try not to cancel rentals on players just to be fair to them. I know that I could keep changing the prices daily as the markets adjust but it would be. A lot of effort and annoying for newbies that are renting them from me.

I'll keep selling of the cards with a poor return as I go along and replace them with higher Apr over time.

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Agree with you, I also don't cancel running contracts, as it is unfair.

I would sell and buy only if I get the same collection power for the buck, as it is important for the airdrop and as far as I understood, this collection power will have a significant value in the future of the game.

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You definitely should adjust prices at the end of the season. Most legendaries gor for insane yROA. 400-700% in my case. Only for one or two days, but then you adjust another time. But it is worth the 5 to 10 minutes work.

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That reminds me that I haven't been checking the market much. I have noticed that some of my cards haven't been renting as much so I might have to adjust some of my prices.

Posted Using LeoFinance Beta

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Prices have definitely dropped over the past few weeks.
I'm hoping that the hype of chaos legion gets it going again but we will also have 75m new cards added to the market which will hurt our revenue.

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I fear you're right, but you have to see the other side of that. If prices go down, we can buy legendaries cheaply. Oshannus will be worth a heck of a lot more, when he goes out of print and renting prices will hopefully stay up with an influx of new players over the next year.

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True but we need to keep money in the tank for that.
Take plenty profits while the going is good and be ready to jump in when there are good deals going.

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That's quite inspiring!
I was thinking the same too but I found I better way in return!
Diversify is key

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Hey niallon,

this is my approach as well for a couple of seasons now and last season I ramped up my efforts with exactly the same card. 6x Djinn Oshannus. 144% returns at the moment, but at the end of the season, this APR explodes, as you know. I think, we are pretty much set for the future :o).

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