For the second time we visit our vending machines in Columbus, Ohio, to show passive income.
Runtime: 11:59
A quick rundown of the episode:
- Improve lifestyle based on passive income
- Eliminate Ren Men from maintaining vending route
- Vending monies/passive income
- Buck’s sports pick’em
{ 14 comments… read them below or add one }
Awesome show!
In my mind the key to Lifestyle Design is passive income. Setup a system that makes money without your involvement after the initial phase and then go live the life you’ve designed!
Any real world info you give (such as the vending machines) is like mana from heaven! I know you don’t want to create competition in your specific market… but I am really enjoying it! (for the record I’m not in the Columbus, OH area).
As your show was going (I have to watch it in fits and starts as it streams) I wrote the question that I wanted to know more about your real estate deals as I was sure that was your primary source of income… and bam you set it up in this episode for the next one! I’m betting you really knock it out of the park!
Mitch,
Just wanted to let you know we placed another boxing machine…doing well as expected…we will talk about financing in future episodes…stay tuned…thanks again…
Love it! You guys rock and are a true inspiration to me. I am into bulk candy vending but will check out the knock out vends after seeing this. Would love to hear some tips and specifics on finding financing for real estate.
Thanks
Luke,
How is the bulk candy business doing? Where are your machines placed?
Currently I have them placed in Tuscaloosa, Alabama (roll tide!) and hope to spread into birmingham. I really will probably put that on hold and check out the knockout vends. Are your machines still doing well?
Luke,
Kicking ass and taking names! We are very happy with the machines…
Hey Ren Men. Love the show! Do you mind telling me where you guys get your Boxer Punch Machines from? Don’t worry. I’m many miles away from Columbus. In fact I’m in a totally different country.
RJ,
Knockoutvending.com…so far so good, solid company in our eyes…
Thanks for a link. Referrals are always better than google only.
Certainly…tell them the Renaissance Vending Group sent you…
Awesome post! Got any tips for someone wanting to get started in residential real estate (buy to rent) in Columbus? No, not Columbus, OH. I’m in Columbus, IN, LOL
Buy low…you ‘make’ money when you buy the property not when you sell it/rehab it…thanks for watching Rita…
Great stuff guys. I also found you through your 4HWW submission.
Quick feedback:
- would love to see you on iTunes, that way I could automatically download your video podcast and take it with me rather than being tethered to my laptop.
- You said you bought 70-ish rental properties in 2 yrs? Can you give some details? How much capital did you start with?
Thanks and look forward to future posts.
Bill
Bill,
Thanks…our goal is to be as transparent as possible…we hope to cover identifying, evaluating, and purchasing in our next couple of episodes…thanks for watching and the feedback…