Starting and Scaling a Vending Machine Business

Have you ever wondered what it really takes to build passive income? In this episode, Russ and Joey pull back the curtain on their latest passive income report, breaking down real numbers, wins, and lessons learned from multiple income streams, including a new vending machine business, expanding Turo car rentals, and tough decisions in real estate investing.

From teaching their daughters about entrepreneurship to deciding whether to sell a 23-year-old rental property, they cover the good, the bad, and the ugly of real-life investing.

If you want to accelerate your financial freedom, you can get valuable insights from today's conversation.

Top three things you will learn: 

-What strategies are working (and what’s not)

-How to involve family in entrepreneurship and financial education

-Selling vs. holding a long-term rental property

January 2025 Income At-A-Glance: 

-Gross Income for January: $48,892.83

-Total Expenses for January: $20,355.54

-Total Net Profit for January: $28,458.11

-Difference b/t December & January: ($19,447.86)

-% of net profit to overall gross revenue: 58%

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

For Accredited Investors Who Want to Invest With Us:

-Email: info@wealthwithoutwallstreet.com (Reply: Accredited)

The Art of Passive Income Podcast by The Land Geek:

-https://www.youtube.com/playlist?list=PLgqpzGRlkzzF9aYUSs96e5GQmL6hRzg6T

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Book Your Free Passive Income Game Plan Session:

-https://wealthwithoutwallstreet.com/freecall

Join the Inner Circle Live Waitlist:

-https://www.wealthwithoutwallstreet.com/live

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

Access our Free Financial Scorecard:

-https://wealthwithoutwallstreet.com/scorecard

How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann:

-https://www.youtube.com/watch?v=73Xwu2tHhwI

Build Passive Income with Vending Machines:

-https://wealthwithoutwallstreet.com/vending

Explore the World's Largest Car Sharing Marketplace:

-https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

-https://thelandgeek.com/

Join the Wealth Without Wall Street Community: 

-https://wealthwithoutwallstreet.com/community

Take the Financial Freedom Analyzer:

-https://wealthwithoutwallstreet.com/quiz

Subscribe to Our YouTube Channel:

-https://youtube.com/@WealthWithoutWallStreet

Check Out Our Monthly Passive Income Reports: 

-https://wealthwithoutwallstreet.com/passive-income

Discover Your Path to Financial Freedom: 

-https://wealthwithoutwallstreet.com/passport

Apply to Join the Passive Income Mastermind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Freedom Travel Support System:

-https://freedomtravelsystems.com/www

Join Our Short-Term Rental (STR) Course:

-https://wealthwithoutwallstreet.com/strcourse

Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws

STACK Candles:

-https://stackcandles.com/

Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars

Join the Wealth Without Wall Street Affiliate Program:

-Email - info@wealthwithoutwallstreet.com and say: I have to be in your Affiliate Program because I believe in what you're doing.

—