*I originally published this article back in November and realized I needed to make some updates on ACX royalty shares. So this is your new and improved article!

The #1 question I see on the van life/ vandwelling groups I frequent is,

“How do you afford to live in your van full time?”

or

“What job can I do online that will make me money to live in my van?”

The answer is,

It depends on what skills you have and how much time you’re willing to invest

Now, I know that isn’t the money making answer that’s going to get you into a custom van and on the road to the mountains with a hot babe doing yoga at your side, but it’s an honest answer.

*This post may contain affiliate links. Please read this disclosure for more information

The path to funding the van life is to take your existing skills and set up a way to profit off of it.

While 99% of people out there are going to say they do a mixture of graphic design and web development work (and trust me, I’ve researched the crap out of this) I’m going to say something completely different.

I have found a way to work in my van, as many hours as I want, and have income for all of my travel adventures.

What is it?

I Record Audiobooks in My Van Conversion to Make Money.

I have built an entire mobile recording studio in my van and I read books for people all over the world from the comfort of my tiny home on wheels!

Pretty neat huh?

Now, before you say “I can’t afford a mobile studio, you’re crazy Sparky!”…

hear me out first.

My mobile studio isn’t at all what you’re picturing, I promise. I spent less than 100 bucks on it, and it gives me passable audio results that I make real, actual money with.

You can see in the picture below how simple the set up is. All I do is surround the mic with soundproof foam, set on a pop filter and then it’s good to go!

Now before you dismiss this as me being a guru selling some course, I’m not.

At all.

I’m just trying to convey to you how easy this whole process is.

How I Got Started Recording Audiobooks At Home

Many moons ago (last May) I was putzing around on the internet looking for ways of creating passive income when I stumbled upon an ad for audiobook narration on ACX. I had already tried several other things and just didn’t have the time or energy to sift through any more passive income garbage.

ACX, sounded pretty straightforward and legit.

If you’ve never heard of ACX, it’s a subsidiary of Audible that directly connects small authors to home audio narrators. The author puts up a few pages of their work as an audition, and if you like it, you record it and send it to them.

If they decide your voice will work, then you get a contract and start working immediately.

Right away, I was intrigued. I had never narrated in my life, but I’ve been told my voice is lovely. After eight years of my late teens and early twenties answering phones, I had developed what I like to think of as a “soothing, customer voice” that I can pull out at the drop of a hat.

Also, I really enjoy reading. So I thought, why not?

***Curious about Audible? Click Here for a FREE 30 Day Trial!***

How Did I Set Myself Up To Record?

After some research on the ACX help boards, I purchased the cheapest microphone I could find,

the Blue Snowball.

I did not have money to spend at the time and had to put it on my credit card. I gave myself 30 days to try and make this little business venture work…just as long as the return policy at Best Buy would allow.

I figured if I didn’t make enough to cover the cost of the $50 microphone in one month, I would go ahead and return it and get my cash back. Sure, I might lose out on some time, but I had to try something.

My meager savings was starting to run out, and my Shopify dropshipping store was a complete bust!

Next thing I had to worry about was finding a reasonably quiet place to record. Since we weren’t quite back to full-time van living yet, that left our boat. It was a small wooden 1962 Cris Craft Cavalier, and it was an absolute nightmare. Each small wave that came in, sent us careening into the side of the dock, and the constant creaking of the wood gave me some interesting sound issues to deal with.

…But it totally worked.

I sat in the tiny closet, with my knees pulled into my chest, draped in blankets, and recorded a few auditions. I think that the first day I sent out 4 in total and of those 4, I got one offer almost immediately.

If this sounds like dumb luck, it’s not. I just happened to stumble onto something that is so easy, even I can make money at it.

Fund Vanlife by Making Money Recording Audiobooks

Now that we are back to full-time van living, recording has gotten much easier. For one, no more water sounds or crazy boat neighbors. If my location is too noisy, I just start the engine and move on to the next place. Of course, I did still need a few things to make my audio the best it could possibly be.

In addition to my Blue Snowball USB Microphone $49.99, I also purchased:

Pop Filter $8.99– To reduce all the pops and gurgliness in my voice. No matter how much like Barry White you think you sound, odds are you have some plosives in your narration, and a pop filter will help! Acoustic Foam Tiles $11.99– To help with sound wave reverberation (don’t worry, I don’t understand that sentence either. I just know these help) Cardboard Box $1.68– To put your foam tiles and microphone in. Editing Software FREE– This is the magical tool you use to edit your voice into a cohesive and wonderful audiobook that is ready to sell on Audible. It’s easy to use, has tons of tutorials online and best of all, is TOTALLY FREE!

That’s it.

Seriously.

I’ve made thousands of dollars on audiobooks with less than $73 worth of equipment.

How Much Money Can You Make With Audiobooks?

Really, the sky is the limit here. I currently have 99 titles sorted under different pen names and each of them I’ve charged different rates for.

Erotica is by far the easiest thing to read, so it’s what the majority of my work is. For each quick 30 minute read, I put in exactly one hour of work and get $90 bucks. But, that is on the low end of the payment spectrum.

Most good narrators charge a PER FINISHED HOUR RATE of between $100 and $400 dollars.

The erotica I’ve just described sets my Per Finished Hour Rate at about $90. It’s not enough to retire on, but it fills my gas tank and gets me on the road again with relative ease. Not only that, but erotica readings are some of the easiest you can do. No one is listening to your voice or performance and critiquing you. They just want to hear a quick dirty story and move on with their lives.

As a general rule, I set up my erotica reads to be as profitable as possible by skipping the pre-read through and not doing a quality control listen before I send it back to the author.

I’ll be the first to admit, this isn’t good practice, and until you feel really confident in your skills you shouldn’t try this. But I’m a firm believer in “you get what you pay for”. In this gig economy we live in, everyone wants something done for the smallest amount of money possible. If an author wants me to do their book but doesn’t want to pay that much, then I do sacrifice some quality to get there.

…and I’m cool with that.

When it gets to longer/ more involved books, is when I charge more. Not only for the amount of time it will take me to read it but also the time for editing.

The general rule is that for each finished hour you produce, six hours of actual work go into it. So let’s break down the $100-$400 dollar rate from above. Let’s say you charge $100 per finished hour. It sounds like a really great number. But if you divide that by 6 (the number of real hours one FINISHED hour takes), that turns into $16.66 an hour. A far cry from the $100 an hour you were envisioning!

Not terrible, but not great when you think about how much the author is going to make off of your golden voice.

For my nonerotica works, I charge $280 Per Finished Hour and I feel good about the time I spend on those projects.

Looking For Passive Income? Try Royalty Share on ACX!

The last money-making option I’ll talk about is the royalty share option. It means you don’t get an upfront payment, but you do get half the royalties for each sale of the book.

It’s great, not only if you’re just starting out and want to get some credits to your name, but also if you can catch an author at just the right time and their book turns out to be a huge hit.

You could make some SERIOUS cash with the royalty share option.

I’ll admit, royalty share is a wondrous mythical beast to me. I’ve done one short erotica work so far that has netted me $0 as well as a few longer works that are currently in production and likely will be released just in time for Christmas.

Currently, my total royalty share income is $0.

I like the idea of having a few royalty shares in my arsenal so I can see trickles of money coming in over time. Of course, this passive income technique really only works when you choose the right book. I would give my technique for that, but since I’m not quite sure if it’ll prove profitable yet, I’ll save that for another post.

How To Fund Your Nomadic Lifestyle

At the end of the day, this is just what worked for me. I’ve tried lots of different things so far to keep myself on the road, but for one reason or another they just didn’t work out like this one did.

If you want to try recording some auditions of your own, don’t hesitate to head on over to ACX.com and get reading. You never know, deep down, you might be the best audiobook narrator there is with a voice as smooth an Neutella.

I certainly am not that good, but I am good enough to make a little bit of money and keep these old tires spinning!

If you’re curious about what my voice sounds like, or just want to listen to some good old fashioned erotica, here’s a few links to my work to give you an idea as to what this all sounds like.

Click Here For a FREE 30 Day Trial Of Audible. With this handy link, not only do you get 30 free days, but you also get 2 Audible Titles and 2 Audible originals just for signing up.

Some Non Erotica Work I’ve Done Can Be Found Here:

6/6/19 UPDATE:

When I first wrote this post back in November, I had recently completed my first royalty share book. Six months later, I have 99 royalty share sales.

Sounds impressive, right?

It is until you look at the numbers. The way they write about royalty share on the website reads like you will get 20% of the sale price of the book.

But what really happens is you get 20% of what the customer pays for the book.

In most circumstances, it is far less than the amount shown.

Depending on membership status, and if they purchased the book as part of their plan, or a la carte, most of the time you are getting far less than the asking price of that book.

So far I have made $54.65 off of 8 total titles in five months. To be fair, May hasn’t been calculated into that total since everything is a month behind, so I guess I could be a millionaire, but I won’t know until they do the math on their end.

Seeing your sales numbers as they happen tells you nothing about your income, you have to wait for the next month to see that.

So at this time, I’m going to say that royalty share might not be worth it unless you really love the book or the author is willing to put some serious cash in to promote it.

Questions To Ask An Author Who Approaches You For a Royalty Share:

1. How many books have you sold? *

2. Will this be part of a series?

3. What is you marketing budget for promoting the audiobook?

4. What are your previous audiobook sales?

5. Do you have a budget for me to have this edited by someone else? **

* Books on Amazon are automatically promoted for their first 30 days. So Keep in mind, if you are looking at the sales rank number in the first 30 days of publishing, it can artificially look like a good deal when it’s not.

** Since editing takes a ton of time, try and talk the author into footing the bill for that so you can outsource it.