448: How to Add More Income Streams to Your Life

The average millionaire has 7 income streams. We discuss 2 income streams today—ATMs and Car Washes.

They’re low touch, more passive than turnkey real estate investing.

With ATMs, is cash use on the decline? Not among the demographic they serve. We discuss the future of cash use.

Some ATM users pay a $3 surcharge to access a $20 bill. That’s why it's profitable.

You can buy a unit of five ATMs. They’ve provided a 26.1% cash-on-cash return and high tax advantages. It’s returned $2,262 per month.

Learn more about ATMs at: GREmarketplace.com/ATM

Car wash profits are enhanced with a subscription model. Few on-site employees are needed. 

You can invest alongside a tech-forward car wash franchise, Tommy’s Express Car Wash.

The WSJ stated that no business other than car washes can create this much profit on a one acre lot.

As society changes, EV, gas-powered, and diesel cars must all go through the car wash.

ATMs and car washes demonstrate high operating margins and many tax advantages. You must be an accredited investor.

Learn more about car washes at: GREmarketplace.com/CarWash

Resources mentioned:

Show Notes:

www.GetRichEducation.com/448

Learn more about ATMs:

GREmarketplace.com/ATM

Learn more about Car Wash investing:

GREmarketplace.com/CarWash

Get mortgage loans for investment property:

RidgeLendingGroup.com or call 855-74-RIDGE 

or e-mail: [e-mail]

Find cash-flowing Jacksonville property at:

www.JWBrealestate.com/GRE

Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review” 

Top Properties & Providers:

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