Categories
Passive Income

2014 Passive Income Survey Results

2014 Passive Income Survey Results

The 2014 Passive Income Survey Results are in and there were some sad things revealed, exciting things revealed and just all around awesomeness that I feel is going to be coming from you in 2014 and beyond.

Just so you know: not everyone answered the survey. Sorry. For people that did answer the survey and had the same answers; I only wrote the answer once. Ok? Got it?

Now, let’s get to those results…..

Passive Income In Your Life

Do you currently have any passive income streams?
Yes 56%
No 44%

If no, why not?
been fooled into believeing there is only one way to money
i relocated recently
still studying ways to make passive income
I’ve allowed my excuses (no money, too tired/lazy/fat) to become more important than my “why” to playfully inspire, excite, and empower the world!
I haven’t done it, don’t know what to go for yet. I haven’t been focussed on finding one.
haven’t found right opportunity & capital

What passive income streams do you currently have?
ATMs 5.56% 1
Residential Rental Real Estate 33.33%
Commercial Rental Real Estate 5.56%
Online Marketing 27.78%
Savings Account, Money Market, CD 33.33%
IRA, 401k, Retirement Account 33.33%

Other passive income streams you have
Life ins
studying ATMs, private lending and several forms of investing
None of the above, some good ideas there.

What is the biggest reason you don’t have more passive income in your life?
working from inside the box for to long it is what was taugth to me
Work full time
Never know about it until recently
Lack of a good business model
dont know how to get it please help me carey i would appreciate your help thank you
I need to raise more capital so I can purchase more rental properties and I am helping my daughter pay her student loans.
Lack of funds. But working on it. Should be caught up VERY soon.
Lack of money
I haven’t had the money to do so.
I have no training or education
start up funds
Time and Action
don’t know what or where to really start and not enough focus on what I could be doing. I need to be more focused on something rather than scattered in too many directions.
Never knew about such a thing until about a year ago. First learned about it at a MMI event. Also for the last 21 years I’ve been in a dead end factory job. I quit that at the end of Oct 2013 and have jumped into learning several streams of passive income. I’m currently working on your ATM course plus George Antone bankers code, went to Courtesy Smith freedom trader intensive plus a different investing course and last I’m studying tax lien/deeds. The hardest thing to work around is all the negative people that I’m unable to get away from just yet. When the income starts to roll I’m getting away.
I don’t have the know how.
fear of disappointing people
Time and money
I haven’t been focussed on getting one, have been more focussed on my health. Reasons- fear of facing finances, reluctance and lack of interest. Not alot of free time. Haven’t prioritized it. Mistrust of sharks out there and losing what I invest.
Most passive income streams aren’t as easy to start and make money as they are cracked up to be.
No reason, really. It’s on my “to-do” list after I get the other two businesses I’m working on up and running. They will generate passive income (network marketing), and then I’m looking to possible do the ATM thing or Vending Machines!

What are the other reasons you don’t have more passive income in your life?
I’m afraid. 16.67%
I have no money. 37.50%
My credit sucks and I’m doomed because of it. 8.33%
I have no training or education when it comes to passive income. 37.50%
I have no time to dedicate towards passive income. 12.50%
I have too many other projects going on right now. 12.50%
I don’t know what other passive income streams to add. 33.33%
My family/spouse/friends think I’m nuts and keep me down instead of encouraging me. 20.83%

Other reasons you don’t have passive income
Paying off credit card debt and student loans
I would like to do something I have a passion about but uncertain of what that really is
There are a lot of scammish business opportunities out there.
other ventures I need to focus on first

Passive Income Products and Services

Have you purchased a home study course about a particular passive income technique in the last 12 months?
Yes 36.36%
No 63.64%

If yes, which one?
Internet marketing
Investing inTax Liens and Deeds
Book writing course to enhance credibility, thereby increasing sales and creating additional streams of passive income.
Empower network blogging platform
ATM business blueprint :-), George Antone bankers code, tax lein/deeds course
ATM Business Blueprint

Have you purchased a home study course in the last 12 months that has nothing to do with passive income?
Yes 23.81%
No 76.19%

If yes, which one?
Personal development; overcoming internal blocks
I have bought a lot of self-help and training programs from nightingale-conant.
Mindvalley meditation program
Great Courses on DVD/CD
The Sedona Method, and I’m about the purchase another similar one. They are like personal growth courses, dealing with fears etc so they do deal with underlying causes for success.
Tracy Biller Ultimate Success CD (well, maybe that one has something to do with passive income) The Secret Mirror, Joe Vitale

Have you attended a live event/seminar/workshop in the last 12 months that taught you a passive income technique?
Yes 34.78%
No 65.22

If yes, which one?
MMI, NWA
Adiel Gorel who teaches about owning remote real estate * I attended your webinar about generating 3k to 5k monthly with atm’s this past Tuesday.
Millionaire Mind Intensive
Courtney Smith Freedom Trader intensive, Andrew Lock Money Now both through Peak Potentials.
Never Work Again
Millionaire Mind Intensive

Have you attended a live event/seminar/workshop in the last 12 months that had nothing to do with passive income?
Yes 17.39%
No 82.61%

If yes, which one?
Access Consciousness classes an alternative modality
Training for my MLM
MMI
Fruit growers association meeting.

Who are your favorite gurus/experts/trainers? (That teach passive income or anything else.)
Carey Buck – hehehehe
Tony Robbins’, bigger pockets, Matt theriault, richdad
T harv eker
George Antone Keith Cunningham Susan Lassiter-Lyons
anthony robbins
Ariel Gorel, Robert Kiyosaki, Napoleon Hill, Dean Graziosi, Dave Ramsey
robert kiyosaki
Can’t say there has been one favorite. All have been friendly and supportive.
T. Harv Eker Carey Buck! Mara Hoover Lisa Gold
Dave Lindahl
Lester Levenson, T Harv Ecker.
Joe Vitale John Maxwell Greg S Reid

What is the one complaint that you have about the products, services, seminars, etc. that teach about passive income techniques?
Not enough specific small details that make all the difference. Speakers don’t prove their credibility
Not close by.
Require too much work to get them going.
None.
Sometimes is just theory and it is very hard to put into practice, and finding the time to implement when you have a full-time job.
Over priced
I don’t have any complaints. I just didn’t have the money to be buying a lot of liens or deeds. I needed something to “springboard” me there.
Finding time to attend or questioning the amount they cost versus payoff.
they make it sound easier than it is
Too many options makes it difficult to choose the best ones.
some of them don’t help me to find focus and get clear on what I do know about that would be helpful in creating something different
So far everything has been great as far as products and services. The Peak Potential events have been very motivating but for me with a bad knee and back. All the up and down jumping around can get a lil taxing. I understand why they do it just hurts a lil by end of events.
They cost money! Lol…. No, I haven’t purchased any of them, so I can’t really have any complaints.
there is always something more to buy
Try to hook you to pay more money.
I don’t have any because I haven’t used them, but I would imagine it would be their price and my feeling it’s their real source of income, and that the prices are ridiculous compared to simply paying for a book, so I would feel ripped off. A really good book even if expensive would cost less than a course, and have as good information.
It is difficult to differentiate between real and scammers.
The “free” hook is usually too general–stuff I’ve already heard or stuff I know–and is a play to encourage purchasing more info

What is the one complaint that you have about products, services, seminars, etc. that teach about things other than passive income?
Too touchy-feely
none
Sometimes is just theory and it is very hard to put into practice, and finding the time to implement when you have a full-time job.
over priced
I think often too much information is given at once, to the point of being overwhelming and then, therefore, not usable, or perhaps discouraging.
lack of follow-up
Similar to my above complaint. I buy a cd course for example, the whole lot could have been put into a book. The charges usually start at $297. Well even if you get a book for $80, that’s much less and all the info could have been in a book. It’s a rip off, highly marketed industry- maybe I should do it!
Too much fluff
The “free” hook is usually too general–stuff I’ve already heard or stuff I know–and is a play to encourage purchasing more info

The Content and Products That I Provide

What would you like to see more of from me?
Blog posts 13.64%
Webinars 31.82%
Teleseminars 18.18%
Passive Income Tips 63.64%
Printed Books 18.18%
E-Books 31.82%
Special Reports 31.82%
Home Study/Training Courses 27.27%
Coaching 36.36%
Videos 27.27%
Live Webcasts/Google Hangouts (online) 13.64%
Live Events (in person) 22.73%

Exciting news! In 2014, I will be hosting my first ever LIVE EVENT! This event will help you get your ATM business in full gear and it will also help you with the motivational end of being an entrepreneur! Plus, for those interested in coaching, I am now offering in-person VIP days (yes, I come to you!) and also an “accelerated” training program that will have you placing your first ATM within 30 days! Bam!

Other?
Podcast
Not certain yet
Very little info is provided to make a judgment on paying for your training packet.

Not sure what “training packet” you are referring to? I’m assuming you mean my ATM Business Blueprint Success System? Which is my signature training program. If that’s what you meant then let’s get on the phone and chat. If you’re serious about generating passive income from ATMs; I’m serious about helping you. Sign up for your free ATM business strategy session here.

Do you like getting the P.I.N. (Passive Income Newsletter) weekly?
Yes, keep ’em coming 80.95%
Nah, I’d prefer once a month 19.05%

What topics would you like to see me develop training about?
Online Marketing 40%
Membership Sites 10%
Vending Machine Business 75%
Being a Private Money Lender 25%
Residential Rental Real Estate 45%
Commercial Rental Real Estate 35%
Mobile Homes 25%
Mobile Home Parks 30%
Self-Storage 25%
Stock Trading 25%
Tax Liens 5%
Network Marketing 20%
Automation and Utilizing Virtual Assistants 25%
Sales Training 35%
Marketing 35%
Staying Motivated and Focused 30%

Stay tuned……I should be launching some online marketing training for you this year. Plus, I have some great partnerships with folks that will help you in the coming year with real estate, tax liens and the vending machine business. Exciting things going down in 2014!

Other?
ATM
not certain as I live in Canada some of these things are very different here and apply differently
All of them

For the person that wrote ATMs…..ya might want to check out my Cash Machine Profit Formula training and also, my signature ATM Business Blueprint Success System. And for my Canadian friend….you should know that I have several ATM Business Blueprint members from Canada and I now even have Insider Contacts for Canada as well.

If you could only ask me one question, what would it be?
With no money, what are the very first 3 steps you would take to launch an ATM business?
Very cool question. I’d look for private lenders, I’d go talk to business owners and I’d get my ATM team members together.

How much did it really take you to start up your ATM business and how long before you started to really profit from it?
Honestly, to this day we’ve only invested about $1k-ish of our own cash in the business. We literally started our ATM business by buying 2 ATMs (with a partner) and we used the money from a few sources: credit card, business line of credit, home equity line of credit. Totaled about $5,100, which included the cash too!

How much are you making now?
Between $300 to $600 on average per ATM / per month. Obviously, if you look at some of my examples I have ATMs making more than that (the chinese restaurant makes $600 to $850 easy and the gentlemen’s club consistently makes $1,000,) but I like to give you realistic averages (obviously, more is realistic too, but I like to err on the side of being conservative when talking about others.)

Can i really use atms to replace my normal job allowing me freedom to spend time with family and on my terms.
You sure can! It’s not going to happen over night, but if you gradually do it while working your job then soon enough you’ll be able to replace that j-o-b. I haven’t had to go back to my j-o-b since 2012. I actually was fired πŸ™‚ But never went back. Thanks to the ATM business. (Oh and yes, the majority and when I say majority I mean about 90-95% of my income comes from my ATM business.) You might want to check out either my Cash Machine Profit Formula training or my signature ATM Business Blueprint Success System to help you on your path to becoming job-less!

How do I find great locations to set up my atm’s?
Start talking to folks. Then check out my ATM Business Blueprint Success System program or Cash Machine Profit Formula training. Either one will help you to find locations and more importantly talk to those locations business owners and give you the contracts and forms that you need! (Note: The Blueprint is my signature program and goes into more detail when it comes to talking to business owners. You get tons of scripts with that training. Just an fyi for ya!)

How do you develop systems and automate your business?
Learn from others that are doing it. Great mentors/trainers/coaches should always be
a part of your business.

I am so impressed with your organizational skills and the way you run your business . How do you d?o that
Thank you so much. You’re too sweet. Your response made me chuckle a little bit tho because if you asked Kathy, she’d laugh first and then tell you that I’m not so organized. I tend to be organized for you guys tho πŸ˜‰ The answer to the question though I would say is the same as the answer above.

How can I take my real estate investing to the next level?
You’re going to think I’m sounding like a broken record now, but get yourself a great mentor/coach. Check out my friend Susan Lassiter-Lyons if you’re interested in commercial buildings, check out my friend Bill Walston if you’re interested in lease options or just getting really clear on all aspects of your real estate biz, check out my friend Sharon Vornholt if you’re interested in Probates and if you’re interested in tax liens/tax deeds and done for you real estate programs then check out my friend Mike Wolf.

Would you coach one on one?
Set up a free strategy session here and let’s chat. I have some options for you. Mention one on one coaching when you set up your session.

What atm machine has the best quality for long term usage?
All of the new mini retail ATMs are pretty reliable. Try to stick with the ones that
your trusted ATM supplier recommends. If you’re looking for trusted ATM team members to work with then consider becoming a Cash Machine Profit Formula member or ATM Business Blueprint Success System member and that way you can get access to all of my contacts that I use in the ATM business in my everyday life. Yes, they work with you no matter where you are located in the U.S. (And for my Canadian friends; I have special contacts for you as well!)

what are the biggest mistakes you made starting out and how can i avoid them myself?
I’m glad you asked! The biggest mistake I made starting out was trusting someone that I shouldn’t have. The guy that taught us the business turned out to be a shady guy that seriously lacked integrity! I get so pissed when I think about it, but the good thing about it was I learned the ATM business. But what we went through in the beginning, dealing with him, costing ourselves thousands and thousands, etc., etc. was the precise reason that I created my ATM Business Blueprint Success System in 2011. My concept being that training was so that anyone, yes anyone….someone with absolutely no ATM experience at all, could go through that training and at the end feel comfortable about starting their ATM and not feel like they need a “partner” that could potentially screw them to teach them the ATM business. The ATM Business Blueprint Success System will do all of that for you! And as far as how can you avoid the mistakes I made in the beginning……well, get some ATM training from someone you trust. If you don’t trust me, that’s ok, I won’t take it personally πŸ˜‰ but find some ATM training from someone that you trust. You do NOT need a partner; just get yourself some good training and you’ll save yourself tons of time and money in the end. Oh and if you do trust me then what are you waiting for? Become an ATM Business Blueprint Success System member today!

How can I increase sales in my online shop?
Don’t be mad lol but get yourself a great mentor/trainer/coach. Later this year, be on the lookout for some training from yours truly. πŸ˜‰

How can I best invest from $10G to $50G to make money, spend it on my house to upgrade it for rental income, or what passive income stream would be best to go for, not too risky?
Hmmmmm, that really is going to come down to what you feel most comfortable with. I think ATMs are less risky then most passive income streams. But I’m also a real estate fan (been a real estate investor since 1999 and probably always will be.) Also, becoming a private money lender is something you could always consider. Try to stick with only lending to people you trust tho πŸ˜‰ Set up a free ATM strategy session with me if you’d like to discuss the ATM biz.

I’d like to see cold hard numbers when it comes to what can and is being done with passive income. Not the best but the average numbers.
Well, that’s going to have to come from each individual person that you’re wanting to learn a passive income stream from, ya know? I teach my students to shoot for on average $300 to $600 per ATM, per month, though.

You and your partner are women. Do you fear for your safety when unloading/refilling the vending machines? This was a concern my husband raised, and I think it’s pretty valid. Making lots of money’s not so much worth gettin mugged!
Excellent question. I appreciate you asking the question and I appreciate your husband raising the concern for you. He’s a keeper πŸ˜‰ But you already knew that, right? To answer your question though; no, we’ve never feared for our safety and we do not fear for our safety on an on-going basis. And that says a lot because well quite frankly we’re not very intimidating lol I’m 5’6″ and Kathy is 5’2″. We agree with you that making money is not worth getting mugged or killed! Not even a little bit. That’s why we always follow common sense safety tips and I teach my students them as well. Plus, we’ve both taken/take self-defense classes. My preferred is called Haganah F.I.G.H.T. (fierce israeli guerilla hand to hand tactics.) Awesome class and I highly recommend it for ALL WOMEN whether you are in the ATM business or not. Also, and I’m sorry for rambling now but I think this is a pretty important question, but now I do carry a gun with me. Not because I had any incident and not because I’m fearful, but I carry it now because I got a gun in 2009 after an incident with evicting a tenant and I got a license to carry then…..I just never felt comfortable carrying it until I started taking self-defense classes. Even then, I still didn’t carry it. I can’t really give you a concrete reason why. I really don’t know why? But for some reason this year, I finally went out and got myself a holster and now I carry with me when I fill ATMs. (I have a Kel-Tec 9mm.) So, if you followed that longggg, drawn out answer of mine, and if you knew that we started our ATM business in 2009, then you’ll realize that I’ve been in the ATM business for almost 5 years before I started actually carrying my gun on me. If you’re not a gun person, that’s cool. You’re just going to really follow the safety tips to a T.

Oh boy, that was fun!

Thank you all sooo much for taking the time to fill out the survey. I really, really appreciate it. Your honest, straight up answers help me to figure out what exactly you want from me and how I can help you in 2014 and beyond.

You see my goal with all of what I do is to help change lives! And I can’t do that if I don’t know what’s going to help you change your life, right? So, a big thanks to all that took the time to answer the questions on the survey.

In the end….what are your thoughts? Were the results in line with how you answered? Were there any surprises in the results? Let me know in the comments below what you think!

Did you like this? Share it:
Categories
ATM Business Educational Seminars Home Business How To's Passive Income

New ATM Business Webinar

New ATM Business Webinar

So, you’re looking to add a passive income stream to your life? And you
were thinking the ATM business may be a good fit, but you had questions?

Well then my new ATM Business Webinar would be perfect for you!

This ATM business webinar is 100% free to register for. There are also
several days to select from for my new ATM business webinar.

The ATM Business Webinar Training

HereÒ€ℒs what you will discover on this ATM Business webinar:

* Discover how you can take control of your life with passive income so you never have to worry about a job loss or a terrible economy again

* How to generate $3,000 to $5,000+ per month in passive income by owning little ATM machines

* Realize how you can create massive, passive income without any tenants, toilets, downlines or SEO optimization

* Learn the ultimate ways for finding killer locations to place ATM machines in so that your monthly income equals or exceeds what you are currently making

* How 1 minute and 10.8 seconds a day, week or month can change your life

* Ò€¦..and much more!

Just a warning for you though. This ATM Business webinar will last about 60 minutes or so in length, so please make sure that you plan accordingly and set aside time in your schedule to spend with me.

Remember, this ATM Business webinar is a 100% free training session courtesy of yours truly. You will also be able to ask any questions that youÒ€ℒd like after seeing the entire ATM business webinar.

To register for my upcoming ATM Business Webinar just fill out the details below:

Oh and one more thing. If you know anyone in your life that would benefit from watching this ATM Business Webinar then please share this post with them! They just may think you for it (and I’d certainly appreciate it!)

Did you like this? Share it:
Categories
Business Tips Finding Apartment Buildings Free/Low Cost Marketing Methods Multi-Units/Apartment Buildings Passive Income Property Managers Real Estate Agents Real Estate Investing

How to Find Apartment Buildings for Sale

How to Find Apartment Buildings for Sale

If you’re going to want to add apartment buildings to your passive income toolbox then
you’re going to have learn how to find apartment buildings for sale.

In this post I’ll share with you some great ways on how to find apartment buildings for
sale.

How to Find Apartment Buildings for Sale – Method #1

Drive for Dollars – Driving for dollars isn’t just for single family
homes you know? If you are near an area where you’d like to invest then you can
just drive to the apartment buildings and chat with the manager or owner if on
site. (Also, write down the address of the building, so you can send some direct
mail later πŸ˜‰

How to Find Apartment Buildings for Sale – Method #2

Courthouse – Where you find apartment buildings you
find tenants not paying rent. And where you find tenants not paying rent
you find eviction filings. Check out the eviction filings for your area and
reach out to those landlords. You never know when they have reached their
last straw with non-paying tenants.

How to Find Apartment Buildings for Sale – Method #3

Commercial Broker – One of the best ways on how to find
apartment buildings for sale is through commercial brokers. Build a good relationship
with one or two and they will send you apartment buildings for sale when they
come on the market (and of course, ones that are already on the market.)

How to Find Apartment Buildings for Sale – Method #4

Loopnet – A lot of commercial brokers will list their apartment
buildings for sale on loopnet. (Hint: this is a great way to find some commercial
brokers to work with.) You can set up your own searches on loopnet so that you
get automatically emailed when apartment buildings meet your criteria.

Loopnet is usually the first thing people will mention when asked how to find
apartment buildings for sale
. Keep in mind that Loopnet is an awesome way to find
apartment buildings for sale and you can either contact the broker directly or do your
research and put the apartment building on your direct mail campaign list.

How to Find Apartment Buildings for Sale – Method #5

MLS – Normally, the MLS (Multiple Listing Service) is mostly
recommended for residential properties, but keep in mind that you will find
apartment buildings for sale here as well. Plus, sometimes you are dealing with
residential agents/brokers so a lot of times they won’t price the properties
properly. Don’t forget about the expired listings here for apartment buildings.

You could also use the public records portion of the MLS for your direct mail
campaign.

How to Find Apartment Buildings for Sale – Method #6

Direct Mail Campaign – I already mentioned a few ways that
you can add properties to your direct mail campaign list, but after you get this
list of apartments for sale (or perhaps not for sale yet) you will have to mail
to them on a regular basis as you never know when they will be ready to
sell. Be consistent with your mailings. Mail at least every month.

Read this post for ideas on direct marketing to apartment owners.

I hope that you liked this list of how to find apartment buildings for sale.

Here’s a bonus one that I just thought of:

How to Find Apartment Buildings for Sale – Method #7

Craigslist – You can do some searching around
Craigslist under the commercial real estate for sale section of the
real estate for sale section. Also, use the search feature for words
that may give you what you’re looking for: multi-family, seller financing,
etc. Things like that.

How to Find Apartment Buildings for Sale – Method #8

Property Managers –Ok so I’m on a roll lol One more for you
that can help you to find apartment buildings for sale are property management companies.

They are usually a good source of knowing when an owner may consider
selling the property. You will have to build a relationship with them and let
them know that you will still let them manage the property should you purchase
it.

Post below other ideas that you have for how to find apartment buildings for
sale and other methods that you have used to find apartment buildings for sale.

Did you like this? Share it:
Categories
Business Tips Goals and Planning How To's Must Read Posts Passive Income

The Best Investment for Passive Income

The Best Investment for Passive Income

Have you ever wondered what the best investment for passive income
success is?

In this post, I’m going to share with you what the absolutely best investment
for passive income success is for you. Yes, YOU.

Some of you may be disappointed when you hear it and some of you may
feel a sense of relief. Regardless of how you feel when I tell you this answer
I can promise you one thing: this is by far the single best investment for
your passive income future. No if’s, and’s or but’s about it.

So what is the best investment for passive income?

What is the Best Investment for Passive Income?

YOU ARE! Yes, you are the best investment
that you can make for your passive income future.

Folks, you need to start investing in yourself. Yes, the single best
investment when it comes to passive income is your ability to
INVEST IN YOURSELF!

If you think “invest in yourself” is a little too self-helpy for you or
a little too out there for you then you know what? Call it an education.

Call it training. I don’t care what you call it but you must take this step
to invest in yourself if you want to change something that you do not
like in your life right now. (For most folks, that’s either lack of money
or lack of time with family and friends.)

So many folks out there want the best investment for passive income or
the best investment for anything but they aren’t willing to go that extra
step and invest in themselves.

What do I mean by Invest in Yourself

Now you know the best investment for passive income is your ability to
invest in yourself.

But what exactly does that mean? Well, when you invest in yourself you
will sometimes invest your time.

You will sometimes invest your money. But for the majority of situations
when you invest in yourself you will invest your time and your money.

If you want to know how to do something that someone else already knows
how to do…..why would you think that someone should walk you through
that information for free?

This is a very serious question. You can take a moment to think about it.

They have already invested in themselves by investing their time and their
money and now they are successful, so why do YOU think they should spill
their guts to you for free?

Because you’re a nice person? Because you have no money? Because you have
big things planned? Why?

I have news for you…most of these people that you are wanting free information
from are nice people too, they also HAD no money and they had and still have
big plans.

But they did something that most other people won’t do…they said you know what
I’m going to invest in myself.

Listen, I’m not telling you to not seek out free information. Free information is
awesome. Heck, that’s how I got started in real estate investing. And that’s why
I provide tons of free information about the ATM business…..

So, free information is great. But at some point you have to say to yourself

“Self, I want this (whatever THIS may be) and I need more then this free information. I know
this is someone that I can trust and that will help me get to where I want to be, so
I need to go ahead and tell myself that the time is now to invest in myself. I need
to go in a different, more better, more financially secure direction in my life and the
only way it is possible is to invest in education for myself and yes, this person deserves
my hard earned money while I invest in myself because they are more than willing to
help me since THEY CHOSE to invest in their self a long time ago to learn what I want
to know now.”

That was a mouth full, I know. But please, take a moment to read it, feel it and understand
it.

Free information will only take you so far. Free is great for a while. But that old saying
“you get what you pay for” is very true.

This post has been a long time coming. I don’t want it to come off like I’m being some
jerk, but the reality is if you know something that I want and need to know how to do
then you DESERVE to be paid for that knowledge….don’t you agree?

Same goes for me. If I know something that you want and need to know how to do
because you feel it will make you happier? healthier? wealthier? more secure? etc.?
then I DESERVE to be paid for that knowledge as well, right?

And when I say “I” here I’m not really just referring to I. Of course, if you’re interested
in creating a lifetime of passive income by owning ATM machines then yes, I would be
appropriate for me when it comes to your best investment with ATMs lol but when
I say “I” that really is referring to anyone out there in the real world or the internet world
that has the ability to teach you something that you do not know and that you want to know.

Whether it be a real estate investor, online marketer, network marketer, etc. Anyone
that has special knowledge that you want. PAY THEM FOR THAT KNOWLEDGE…there
is nothing wrong with that, it’s how you invest in yourself and I promise you that
when you choose to invest in yourself it will be the best investment for passive
income you’ve ever made!

Can I share with you real quick what happens when you invest in yourself? When
you choose to invest in yourself you now have this new knowledge that you can
use and take action on for the rest of your life. NO ONE, and I mean NO ONE
can take that knowledge away from you.

You can use it to make more money for the rest of your life.

You can use it to spend more time with your family for the rest of your life.

You can use it to really design the lifestyle that you want….for the rest of your
life.

But it’s YOURS forever, because you finally chose to invest in yourself. Can’t nobody
take that from you. And because of that, you can always, always bounce back from
any situation, any job loss, any down economy. You are at the mercy of no boss,
no manager, no job market…….you have the ability to create your own destiny because
you chose to invest in yourself. And that is real power. And that power makes investing
in yourself the best investment of your life.

invest in yourself and create your own destiny

Tell me below how did you invest in yourself this month so far? Why did you make
that investment? What is your ultimate goal that you are seeking?

Did you like this? Share it:
Categories
How To's Passive Income

How To Make Passive Income

How To Make Passive Income

I know there are a lot of people that wonder how to make passive income?

First though, for folks that don’t wonder how to make passive income because
they don’t even know what passive income is; I’d like to give you a definition of
passive income.

Passive income is an income received on a regular basis with little to no effort
required to maintain it.

Ok, so now that we’re all on the same page and we all know what passive income is
now it’s time to talk about how to make passive income.

I’m going to share 3 easy steps that you can use that will demonstrate to you how
to make passive income.

How To Make Passive Income – Tip #1

Get Educated! No, I’m not talking about going back to high school or anything
like that (oh and kudos to you if you’re reading this and you’re currently in
high school!)

I want you to get educated on the different passive income streams that are
out there.

I mean seriously, how can you learn how to make passive income when you have
no idea what qualifies technically as passive income, right?

In all seriousness tho, I bet you already have a passive income stream right now.

Do you have a savings account? Certificate of Deposit? If you do, then congrats
you are well on your way, because you already have your 1st passive income stream.

By the way, I know that when you inquire about how to make passive income that
you’re not referring to making 2 or 5 cents a month on your money in a savings
account! No worries.

But seriously, educate yourself on different passive income streams first. Check
out this post of mine that goes over different passive income streams and that
will help you with the education process and then ultimately with how to make
passive income.

How To Make Passive Income – Tip #2

Pick one! After you have educated yourself on different
passive income streams, you’re going to have to pick one that resonates with
you the most.

There are so many different passive income streams out there that it could
be hard for you to decide really how to make passive income and which one
to pick to get that goal accomplished.

But you’re going to really have to pick one for now (and yes, I said for
now because ultimately you’re going to want multiple streams of passive
income.)

So, pick a passive income stream now that you feel you understand the
best, you feel that you could easily comprehend it and you feel that you
could really make a decent passive income stream with it.

(You can make a list of favorite to least favorite if you’d like. Save it because
you will be picking another passive income stream later!)

How To Make Passive Income – Tip #3

Do it! Yes, I just said to do it. Listen, you now know
how to make passive income, right? No excuses there.

You’ve educated yourself on different passive income streams. No excuses
there.

You’ve picked one that resonated with you the most. No excuses there.

So, now the only thing left for you to do is pull the trigger and take the action
steps needed to PUT YOUR NEW PASSIVE INCOME STREAM INTO MOTION!

Listen, just thinking about how to make passive income isn’t going to make you
passive income.

But taking action to add passive income into your life now that will really get
some passive income into your bank account.

Now, that you know how to make passive income, what passive income streams
are you thinking of starting with? (And no, I’m not talking about a savings account,
but hey, if you don’t currently have one and that’s how you want to ease yourself
into passive income, then go for it!)

Did you like this? Share it:
Categories
Direct Marketing Campaign Finding Apartment Buildings Free/Low Cost Marketing Methods How To's Multi-Units/Apartment Buildings Passive Income Real Estate Investing Real Estate Marketing

Direct Marketing To Apartment Owners

Direct Marketing To Apartment Owners

I know a lot of folks are interested in apartment buildings as a passive income stream.

Once that’s their interest now they have questions about sending direct marketing to
apartment owners
.

I’ve sent all kinds of direct marketing to apartment owners. I’m going to share with
you a couple of direct marketing ideas here and you may use them yourself or
perhaps you have your own direct marketing idea for apartment owners that
you’d like to share in the comment section.

Idea #1 for Direct Marketing to Apartment Owners

Send a letter directly to them. Include a bold headline. Quick
text about how you’d like to buy their apartment building.
Sign it with your name, I wouldn’t really use a company name.
And don’t forget to add a P.S. (that’s the most read part of
a letter, you know.)

Place this letter in an envelope and handwrite the address and
your return address on it and use a stamp, not a bulk mailing
permit. (And yes, you can pay someone else to do this for you.)

When you handwrite the information and put a real stamp
on the envelope, this will increase the chances of your envelope
actually being opened!.

I’ve also placed an extra piece of paper in the envelope with
the letter that is a form that they can fill out and fax back to
me (just in case they don’t want to talk on the phone right away.)

In general though: DON’T FORGET YOUR CONTACT INFO!

Idea #2 for Direct Marketing to Apartment Owners

Send them a postcard. Believe it or not, it doesn’t have to be
a fancy postcard. You can just get right to the point in your
postcard.

I want to buy your apartment building! That pretty much
will do the trick. The cool thing about postcards is that
they don’t have to actually open an envelope to read it!

Test out using a fancy postcard that is very professional vs.
a non-so fancy postcard that is more personal.

In general though: DON’T FORGET YOUR CONTACT INFO!

Idea #3 for Direct Marketing to Apartment Owners

Get creative! Don’t just send a normal letter in an envelope. And
don’t just send a normal postcard. Do something crazy, something
outrageous! Something that is guaranteed to get your attention.

Keep in mind this method will cost you a little more money but in the
long run; you will get more attention.

You could send a Gigantic While You Were Out message or you could
send them a pile of fake money (you determine the nomination and
message on the bills.)

These ideas will get you noticed because I promise you; no one else
in your area is using them. (They are sending letters and postcards!)

Head over to my buddy Jeff’s site to check out these attention
getting ideas for direct marketing to apartment owners and you’ll see some other cool ideas that Jeff has.

In general though: DON’T FORGET YOUR CONTACT INFO!

These are a couple of ideas to get you going with your direct marketing
to apartment owners. What direct marketing ideas have been successful
for you when marketing to apartment owners directly?

Did you like this? Share it:
Categories
ATM Business Multi-Units/Apartment Buildings Passive Income Private Lenders Real Estate Investing

Passive Income Streams are a must

Passive Income Streams are a must

First, I want you to notice that I did say passive income streams…with an s. As in plural. As in not just one passive income stream.

Just wanted to make sure I pointed that out.

Ok so here’s the deal. I’ve spent my entire life growing up and knowing I was different. Knowing that I wanted EVERY DAY to feel like the weekend. That thought led me into the entrepreneurial world of side hustles.

Basically, I kept starting businesses until I found one that worked. In 1999, I realized that real estate investing was going to work.

As I progressed in the real estate world I decided I was more interested in PASSIVE INCOME STREAMS then in active income streams.

You see for me? I wanted to enjoy life NOW. While I was younger, healthier, etc. I didn’t want to have to wait until I was 60, 70, 80 etc. when it was time to retire.

I finally realized that having a j-o-b wasn’t going to get me to where I wanted. Also, working actively in real estate as a flipper, rehabber, wholesaler, etc. wasn’t going to get me there either. Why? Because I always had to be WORKING in order to make money.

I read this quote by T. Harv Eker, author of “Secrets of the Millionaire Mind”, and he said “You become financially free when your passive income exceeds your expenses.”

WOW! That was me. My world shifted after I read that. I stopped wholesaling, stopped flipping, stopped it all. Was only interested in passive income streams. Got set into only wanting rental properties (I had 1 single family rental at the time) but wanted to expand into apartment buildings.

Also, I discovered the world of owning ATM machines. (Yes I know saying machines after ATM is redundant, but it just sounds better that way lol)

The passive income streams that I started to acquire in my life really made a difference in my personal time freedom and in my bank account.

I was blown away by the passive income that came from owning ATM machines. The cool thing was they were a lot like real estate investing. So, it was comfortable for me to really get into the ATM business and accumulating passive income from them. I sometimes can be heard calling my ATM machines my “mini” rental properties without the tenants and toilet hassles! hehehe

I’d like to list for you now all of my passive income streams that I have at this point in my life. Keep in mind they don’t all make a lot of money. Most of them just have money trickle in…..but the 1st one on the list is where I make real decent passive income. The next 2 are decent…the remaining……money trickles in, but it still comes in.

Here is the list of my passive income streams:

1) Passive Income from the ATM Business. I own ATM machines. This business accounts for about 90 to 95% of my passive income.

2) Passive Income from Rental Real Estate. I currently own 1 single family residence. I have it sold on a lease/option basis and when it’s officially gone I will probably never own a single family rental again….just apartment buildings.

3) Passive Income from Online Marketing. I suppose I could really break online marketing down into so many categories but for now I’m going to leave this passive income stream as just online marketing. I own websites like this one and Gay Marriage Guide and ATM Business Blueprint, etc. etc.

I also sell my own products online like my ATM Business Blueprint Success System and my Automatic ATM Profits ebook.

4) Passive Income from Affiliate/Referral Partner Marketing. This could have been put in the online marketing category but I figured I’d leave my own personal sites and others stuff separate. So, I get paid for referring other peoples products or for putting google adsense on my websites or for selling amazon products, etc.

Just a note though: I’m not like a lot of affiliate marketers. What I mean by that is I’ll only refer an affiliates product if I have used it personally or have at least seen it and feel comfortable that it will do what it says it will.

Here’s a site that is mine that I’m a referral partner with: BBW for Dating.

5) Passive Income from Network Marketing. I am involved with Starion Energy. The reason I love them so much and feel they are the best energy company for me to work with is because they have something called a Utility Advocate program. This is a program that allows me to help any business owner that I put my ATM in their location (or any business owner in general all across the U.S.) Basically, as a utility advocate, we (they lol) will go over the business owners utility bills for the past 4 years (for FREE); water, sewer, phone, merchant services, electricity, gas, etc. And if any mistakes were made we will cut the business owner a check. Plus, we’ll keep an eye on their utilities for the next 3 years (and cut them a check every month if they are being over charged.) It’s a good deal. Makes me look good whether I put my ATM in a location or not. And it’s passive income.

6) Passive Income from Profit Sharing. I use to be a Realtor with Keller Williams Realty. I brought quite a few folks into the organization and when I left I was vested in their profit sharing program. So, now one of my passive income streams comes from Keller Williams paying me every month. Pretty cool, huh?

7) Passive Income from being a Private Money Lender. I am also a private money lender. Which means that I have money that I lend out for a certain rate for investments that I’m interested in. I generally use my Self-Directed IRA account to do this. I also, get private money for my ATM business from other folks looking for passive income as a private money lender. (Pretty cool, eh?)

8 ) Passive Income from Miscellaneous. I just put this here just in case I missed any lol Sometimes, I lose track of my passive income streams. Now, I don’t spend much time on all of these passive income streams. It’s really just the first 3 that I concentrate on. But the rest…still keeps coming.

Hope this gives you some ideas about passive income streams and let’s you finally realize that you can choose how to spend your time in your life when you own enough passive income streams.

If you’re interested in the ATM business then go here for some free information so you too can add it to your list of passive income streams in your life.

What are some of your favorite passive income streams that you currently have?

Did you like this? Share it:
Categories
ATM Business Home Business Networking Passive Income

Never Work Again – Passive Income Streams

Never Work Again – Passive Income Streams

I want to share my experience that I had at Peak Potentials Never Work Again seminar
this year.

If you’ve never heard of the Never Work Again seminar it’s 4 days of speakers teaching
about different passive income ideas.

For those that are new to the whole passive income concept here is a definition for you:
Passive income is an income received on a regular basis with little to no effort required to
maintain in.

A quick and easy example of passive income is when you go to your local bank and
deposit let’s just say $100. Well you don’t have to ever do anything with that $100
and you will still make money in that account, known as interest.

Well that interest is passive income. Of course, no one is going to become wealthy
off of the insanely low interest rates that banks pay, right?

That’s why it’s essential that you look for different, more lucrative passive income
streams.

Never Work Again As An Attendee

In 2009, my partner (now wife) and I attended Never Work Again as attendees. We
had started an ATM business and were making great passive income with it.

But we became addicted to passive income. We wanted more passive income streams.

So, we attended Never Work Again. It was awesome. In 2009, T. Harv Eker was still
the big dog behind Peak Potentials (who put on the seminar.)

Never Work Again As A Speaker

Carey Buck at Never Work Again - Passive Income Streams

It was my great honor and pleasure to be a speaker at Never Work Again on
November 30, 2012.

It was unbelievable to teach folks about my passive income stream that is so
dear to me: The ATM business and owning ATM machines.

The staff was fantastic and so friendly. The attendees…well they were just
amazing.

The people in the audience (the attendees) is who speakers get up on the
stage for.

When I was an attendee in 2009, I saw all of the speakers on stage who
were making a difference in peoples lives. I can only hope that my
experience on stage as a speaker at Never Work Again in 2012 actually
made a difference in peoples lives as well!

Always remember to create multiple streams of passive income; not multiple streams of debt!

Click here to discover how easily you can add the ATM business to your passive income toolbox.

Here’s a pic of me with the new big dog behind Peak Potentials, Adam Markel (by the way, he’s a sweetheart!)

Adam Markel and Carey Buck - Never Work Again

Did you like this? Share it:
Categories
Passive Income

Why you should look for passive income

Why You Should Look For Passive Income?

Has anyone else or yourself even caused you to question whether you should look for passive income or not? Maybe you have heard a lot
about passive income on real estate blogs, MLM sites, or tv shows or even in books?

I wanted to give you a few reasons why you should look for passive income.

1) You don’t really want to work forever do you? Sure you may love your job, but most people don’t. Even if you did love your job, wouldn’t you rather spend most of your day with the people YOU choose to spend them with (instead of co-workers.) This is my #1 reason why you should look for passive income…if you have enough passive income it will help you get out of your j-o-b.

2) You want to actually have income when you retire right? When you do quit your job, you’d like to have money right? You’d like to be able to actually pay for healthy insurance and your prescriptions needed, wouldn’t you? This is another fantastic reason why you should have passive income….your social security benefits just may not be cutting it for you, so passive income will come in handy.

3) Debt sucks. I’m talking about bad debt. You know you ran up your credit card bill to the max and have no idea what you have to show for it. You should look for passive income to help knock that debt out. Then guess what? Once the debt is gone, your passive income can help you pay for thinks you need instead of racking up some more bad debt!

4) Vacations rock! You should look for passive income so you can spend quality time with either just yourself or with your family on a vacation (or 2 or 3 or 4, etc.) Why ask for permission to go on vacation? (from a job, ya know?) Why limit your vacation to 2 weeks out of the year? (ya know the whole job thing again?) Vacations are extremely healthy for you and your relationship and they are yet another reason you should look for passive income.

5) Take control of YOUR LIFE, YOUR TIME and YOUR FINANCES! You should look for passive income if you are finally ready to take charge of YOU and your life. It’s not one else’s job to take care of your life and you. It’s up to you to do something with your time and money. Don’t spend most of your hours in a lifetime with co-workers…spend it with family, friends, pets, even alone time with yourself. Life is too short. You should look for passive income so you can take control of your life back!

I hope I gave you enough reasons why you really should look for passive income. Stick around to find more reasons why you should look for passive income. I’ll be sharing the things I do with my passive income and hopefully that will help motivate you not only to answer why you should look for passive income but to actually start collecting passive income.

Did you like this? Share it:
Categories
Passive Income

Why Passive Income Streams?

Why Passive Income Streams?

There are a great number of people that don’t know what passive income streams are. I want to share with you today, not only what they are, but why you should have multiple passive income streams.

Wikipedia defines passive income itself as: an income received on a regular basis, with little effort required to maintain it. So, obviously passive income streams are having several income streams that are passive.

So, when you go to work everyday from 9am to 5pm, that is active income. If you’re not at work “actively” working then you’re not making income.

When you are investing in real estate as a wholesaler and you’re chasing deals and buyers everyday that is again active income.

Why not leverage your time? Take back your time and your life all while creating passive income streams that will ensure your financial future?

You can always only work so many hours in a day. You. But money, on the other hand, can work for you all of the time. And the more money you have by creating multiple passive income streams, the more your money can grow and work for you.

What Kind of Passive Income Streams Should You Look For?

There are all types of passive income streams that you could add into your income column. Some may require a little more of a time “investment” then others.

But still, none of these passive income streams once they get going will a) require you to work 40 hours a week, b) will make you only take 2 weeks vacation and c) will have you spend more time with your co-workers then with your family and friends.

Of course, you can spend 40 hours a week, if you want to, creating passive income streams. The key phrase there just in case you didn’t catch it was if you want to.

Some ideas for passive income streams are:
1) The ATM business is an awesome idea for passive income streams. This is one of my major passive income streams that I use.

2) Multi-family investing or rental real estate is another awesome idea to add to your passive income streams. Again, this is another one of my major passive income streams that I have in my toolbox.

3) Network Marketing is a fantastic way to get some passive income streams going. A lot of folks will refer to it as residual income as well. And there are some similarities and differences between the two. But the idea is the same for both!

4) Creating blogs and websites like this one are a great way to accumulate some passive income streams. You can sell affiliate products and make a commission on them or make money off of adsense.

Folks, the list goes on and on…I honestly could be here for days talking about passive income streams for you to take part in. The key for you is to pick just one for now and develop it and then watch your money work for you. When your money is continuously working for you and you not for money, then you’re well on your well to adding multiple passive income streams to your life.

And ultimately, claiming back YOUR TIME and YOUR FINANCIAL FREEDOM all thanks to passive income streams.

Did you like this? Share it: