Why I GOT OUT Of The ATM BUSINESS‼️

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  • Опубліковано 1 лют 2023
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КОМЕНТАРІ • 48

  • @MVSWHS
    @MVSWHS Рік тому +51

    This was a great problem

  • @lukeyuanful
    @lukeyuanful 3 місяці тому +7

    You don’t have to get out of the business if you have 100 + ATM business. It can be your side business 😂

    • @wavyant1504
      @wavyant1504 25 днів тому

      you realize .. he had to restock all of the ATM’s as they emptied correct ..?

  • @jaykorrupt5961
    @jaykorrupt5961 Рік тому +2

    Quick question, with real estate it’s more timing and with atm it’s always in demand are there any pros and cons?

  • @tylercrun9716
    @tylercrun9716 Рік тому +3

    Love the vids keep it up

  • @AbraCaStack1
    @AbraCaStack1 Рік тому

    You didn't position them to be on a route in the first place?

  • @jamalsmith5073
    @jamalsmith5073 8 місяців тому +9

    ATMs get robbed . You get limited in scale and market where cash is being used less. People shop online. They'll go online faster than going out in inclement weather to get cash. Just not a top notch niche .

    • @AKIRA-oz5cg
      @AKIRA-oz5cg 4 місяці тому +6

      that’s why u can set up a deal with a local business like a bar/club make a deal with the owner for example that on fri and sat it’s cash only say after 9pm. then put two ATMS in the business. boom now u created a problem and also have the solution. especially if it’s a bar or club. noones going to leave to go to another place when they have the conscience of an ATM they can use right in front of them to pay cash

    • @iKlaSiicKoNii
      @iKlaSiicKoNii 2 місяці тому +2

      @@AKIRA-oz5cgand when you’re drunk at a bar you don’t think twice about withdrawing cash from the closest ATM

    • @wilmergonzalezgarcia6411
      @wilmergonzalezgarcia6411 Місяць тому +1

      Your looking at it from the wrong view , my atms have made a good amout of profit so far this year, and I just started Jan 2024 , anything is possible and in here to let you know that your giving out bad info to these people

    • @blankprivatecompany9296
      @blankprivatecompany9296 19 днів тому

      But u have to remember cash is king a lot of places require cash and when u go to certain places they charge u a fee to use card

    • @dn7422
      @dn7422 18 днів тому

      @@wilmergonzalezgarcia6411Could I ask how much you’ve made so far after it’s been 6+ months just curious

  • @dr.who2
    @dr.who2 Рік тому

    Not everyone can make money in this market in all areas of the country

  • @mariopetty8140
    @mariopetty8140 Рік тому +1

    Lesson is made good money now boutta make better. Money

  • @millionairemike2.048
    @millionairemike2.048 10 місяців тому

    What’s wrong with passive income bro ?

  • @twotimes4216
    @twotimes4216 9 місяців тому +1

    Lol great problem to have , keep it smallish rack in the passive income

  • @cooper7031
    @cooper7031 6 місяців тому +1

    Eyes look spooky!

  • @booska.
    @booska. Рік тому +1

    arent u better off scaling what u built up just a little more to the point where you dont have to do the work you just check the numbers?

  • @pbjoutdoors6270
    @pbjoutdoors6270 Рік тому +2

    Was it easy to sell the business and get out?

    • @AustinZaback
      @AustinZaback  Рік тому +3

      It was! There is always someone looking to buy your portfolio!

  • @dddduu300
    @dddduu300 Місяць тому +1

    Well how TF am I going to get into real estate with $10k? I mean, I can buy an ATM for $3,$4k....

    • @dazer_6268
      @dazer_6268 6 днів тому

      1 atm new is 2500-2800 depending on add ons then it’s 2-5k cash in the machine not cheap

    • @dddduu300
      @dddduu300 6 днів тому

      @@dazer_6268 so I've found out... 🤷‍♂️

  • @michaeljameson920
    @michaeljameson920 7 місяців тому +2

    So if I wanna buy an ATM business with let’s say 70 ATMs.. do I have to refill every ATM myself?

    • @AustinZaback
      @AustinZaback  7 місяців тому +1

      The most I ever loaded personally was about 40 but I hired someone to load.

    • @Maria-zx9gm
      @Maria-zx9gm 5 місяців тому +1

      But don’t discourage others from what comes with the territory- instead you should be telling us how the ATM business you had made you a substantial amount of money to begin real estate investing etc. smh

    • @AustinZaback
      @AustinZaback  5 місяців тому +1

      Not discouraging.. Just sharing my experience. Also, the time I was doing ATMS was at the same time I was in real estate. One of the reasons I left ATMS was because it was taking away my time of being able to double down on real estate. The money I made while in the ATM Industry didn’t help my real estate career, If anything it stopped me from being more profitable because I spread my time and energy.
      All that to say, I do have friends in the ATM Industry that make millions a Year and it can absolutely be done if it is a primary focus.

    • @denisedoherty4909
      @denisedoherty4909 2 місяці тому

      What does it take to make millions a year in the ATM business? Please share?@@AustinZaback

    • @Anthony-sg2su
      @Anthony-sg2su 2 місяці тому +1

      ​@@AustinZaback so either your lying because having hundreds of profitable atms would most definitely have helped you get to being able to transition into real estate, or for some reason you thinks having hundred of profitable atms wouldnt help get somebody somewhere, either way, your not making sense dude.

  • @reakiogreen3751
    @reakiogreen3751 10 місяців тому

    Atm is good bussiness fym

  • @AlexRodriguez-iy5qr
    @AlexRodriguez-iy5qr Рік тому

    Do you still have any for sale?

    • @AustinZaback
      @AustinZaback  Рік тому

      I don’t unfortunately

    • @Jessie-vp2su
      @Jessie-vp2su Рік тому

      @@AustinZaback Hi Austin ,do you think it still making money from the ATM business ? thank you .

  • @jacobamaral
    @jacobamaral Рік тому +1

    Do you still talk to your ex-partner Austin?

  • @uchihasurvival
    @uchihasurvival Рік тому +1

    How much did you charge as ATM fee?
    What was the maximum withdrawal amount allowed per transaction?
    I'm thinking of charging 20$ per 200$ withdrawal, dispensed in one 50$, three 20$, six 10$ and six 5$.

    • @dqdq4083
      @dqdq4083 Рік тому +1

      Ugh

    • @viraphatchobkan8628
      @viraphatchobkan8628 Рік тому +4

      Hell nah wtf

    • @robertschleeter3300
      @robertschleeter3300 Рік тому +3

      WHAT???? you will fail😂 nobody is going to pay 20 dollars to grab 200… i hope you are joking.

    • @magasaurus7210
      @magasaurus7210 Рік тому +2

      Are you focusing on strip clubs / bars? Might work there.

    • @Haole-fh7nc
      @Haole-fh7nc 6 днів тому

      @@magasaurus7210exactly my thought

  • @s1dubbzz751
    @s1dubbzz751 4 місяці тому

    Lie

  • @BlackCultur3
    @BlackCultur3 2 місяці тому

    Lies

  • @BeenDidThat99
    @BeenDidThat99 9 місяців тому

    That's a good problem, your only thing was not getting robbed ? 😂😭 way to discourage people with that clickbait