What Are You Doing To Build Passive Income?

[QuarterMillionMan]

Harry Reid international airport (formerly McCarran airport) has this self-serve snack shop, passive income for sure except when refilling the stock. Scan and pay yourself. No cashier or staff.

[james.hendrickson]

Harry Reid international airport (formerly McCarran airport) has this self-serve snack shop, passive income for sure except when refilling the stock. Scan and pay yourself. No cashier or staff.

What if someone steals the food?

[QuarterMillionMan]

There is a sign that says it is monitored with cameras but if someone did in fact steal that's the chance they will take. Come to think of it now that you've mentioned it James, I would imagine they would get away with it. To locate and try to prosecute someone for a $3.95 Gatorade or Pepsi would not be worth it.

[QuarterMillionMan]

Sort of passive cupcake vending machine saw this one in LAX.

[james.hendrickson]

I might buy one of those - it depended on what kind of sugar high I wanted.

[Fishindude77]

I've always thought owning one or more of those "Twice the Ice" machines could go over well on the right locations.

[james.hendrickson]

I've always thought owning one or more of those "Twice the Ice" machines could go over well on the right locations.

What sort of machine is that?

[Fishindude77]

What sort of machine is that?

Google it.
It's a self contained ice machine that sits on a lot; makes ice, sells ice and dispensed it, no employee required.
They call it twice the ice because you get 20# for what you typically pay for a 10# bag. Dispenses right into a cooler, or into a bag.

Just need a lot with electric and water supply, and room to pull in and park. I'm sure there is some routine maintenance of filters, etc. as well as retrieving the money and keeping it stoked with change or tokens and bags.

[james.hendrickson]

Fishindude77 - it sounds low maintenance. The only thing is you'd have to careful about where you placed the machine. For example, it would probably do better in states where the weather is continually hot and the demand for ice is high. And even then you'd likely have to be smart about placing it.

[Fishindude77]

Fishindude77 - it sounds low maintenance. The only thing is you'd have to careful about where you placed the machine. For example, it would probably do better in states where the weather is continually hot and the demand for ice is high. And even then you'd likely have to be smart about placing it.

Someplace enroute to camping boating fishing destinations would be good.

[QuarterMillionMan]

https://youtu.be/PkuszyDXmOA

[QuarterMillionMan]

Don't Make These 10 MISTAKES Before Getting Into the Ice Vending Industry! - YouTube

This guy is so good he makes me want to get start too now.

[LivingAlmostLarge]

is reselling on ebay passive income?

[disneysteve]

is reselling on ebay passive income?

No! Ebay is very hands on. If you are successfully doing drop shipping, that's about as "passive" as it gets but you still need to be actively involved.

[crazyliblady]

We have one of those ice places in the city where I live. I have not used it, but it is located close to the university football stadium and gets used a lot on game day.