Whether you want an extra couple hundred bucks or are looking to make more, here are some passive income ideas you can scale to make as much money as you want!
🙏 Help us get to 100k subs! https://bit.ly/2XfWRBm
📈 Open an account with Webull and deposit $100 to get 2 free stocks worth up to $1,400 https://bit.ly/zabackwebull
👇 How I Invest In Real Estate:
📲 Where I get my Real Estate Leads! http://bit.ly/TopREdata
🚗 How I get my OFF MARKET deals! http://bit.ly/ZabackD4D
Where I Skip Trace and Text my Real Estate Leads – https://bit.ly/batchlead Use Code – ZABACK
What’s going on guys, welcome back to my channel. Today, I give you 5 passive income ideas that you can do right away that are scalable to make you as much money as you want.
For starters, nothing is ever truly passive, there will be SOME work that goes into these, but once you’ve done that you’ll begin racking up some extra dough while you sleep! Lets get started…
#5 Vending machine or ATM machine, the idea behind this is that you can buy a vending or atm machine and make money whenever someone uses them. For the atm, you’ll make a surcharge fee, when someone takes out money they’ll be charged a fee around $2-$4. They get there cash and you make the surcharge. The vending machine is similar, you place snacks inside and price them higher then what you got them for, buying in bulk saves lots of money and selling each one individually can make a nice ROI, you can scale by getting more and more machines.
#4 Dividend Paying Stocks, this one is a bit harder, but as a long term investment you can’t go wrong. This one also requires the least amount of work to get started, you’ll need some extra money to buy the stock. Typically, you can make anywhere from 15-25% on an annual return, the more you invest the higher return. Obviously, it takes time and consistent investing to build up your portfolio where you’re earning $1,000 per month. But you have to start somewhere, right?
#3 Affiliate Marketing, this will be better for someone who is more internet savvy. If you have a following on a social media site, a blog, a YouTube channel, or really anything that people consistently view, then you can make extra money doing this. Clearly, this one is not for everyone, but for those who do have an online presence, this is a phenomenal option.
#2 Amazon FBA and Walmart Automation, this is easily one of the best money makers on this list. You are basically drop shipping basic goods or items on amazon or Walmart. Someone buys a product off your page, you take that money and buy the product from the manufacturer (at a lower price), then you’re done. It is shipped to them by the manufacturer (or amazon or Walmart), and the best part is you can set it up to fulfill the customer automatically. SO once you have the store, all your work is basically done.
#1 Rental Properties, it doesn’t get much better than owning a few rental properties. You buy a property then needs work, renovate it, rent it out then sit back and relax. Obviously it does take a lot of work to get to the relaxing part, but its entirely worth it. The tenant pays all your principles, taxes, interest and insurance, as well as the mortgage, while you make a few hundred bucks of cash flow every month on the month.
Thank you so much for watching, like and subscribe if you haven’t already. Comment down below what passive income ideas you have, and comment what you think about my new set! I’ll see you in the next one!
I truly appreciate all of your support. 🙏 Drop a comment if you have any questions or want to suggest a video idea!
• • • • • •
🔔 Make sure to SUBSCRIBE & turn on NOTIFICATIONS!
📩 For all inquiries, email infoZabackGroup.com
*Some of the links and other products that appear on this video are from companies which Austin Zaback will earn an affiliate commission or referral bonus. Austin Zaback is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.