Part 8/11:
Vending machines present a relatively low-risk income avenue. Once the initial investment is made in a machine and inventory, automated sales can occur around the clock. The potential for profit can be significant if machines are placed in high-traffic locations.
Small Businesses: Investing Locally
Investing in small businesses provides an opportunity for passive income beyond dividends. Purchase of a local business, like a car wash, can be structured with seller financing, enabling acquisitions with minimal upfront costs. With operational improvements, these businesses can yield substantial cash flows.