Ever wanted to start a UA-cam Channel for your business or need a content manager for instagram reels? Let me help you like I've helped dozens of entrepreneurs start, grow, and monetized their channel to create a new source of income and increase their sales plus grow their personal brands and following. DM on IG here: instagram.com/reyestheentrepreneur/
A lot of small ATM guys on youtube & facebook under 25 machines heavily promoting paid ATM courses which you dont need just go to your local score office for free. Makes me wonder if they are even making any real money and would rather sell courses to newbies because its easier than grinding out ATMs
When you add it up, like 200 on average is the minimum I assume he wants go make *13*12 months is about 32 thousand a year, not great. You'll seriously need to scale to live from ATM only. It's easy to start with a loan and it'll replace an income from something else over time but I wouldn't keep a business like that unless I'm doing some other stuff. It's just to small
New channel idea reyes, do a UA-cam podcast where you do more in depth interviews with different small business owners. No script just the nitty gritty on trade secrets.
How is it like? I was adding up his minimum monthly income from ATM profit and it doesn't look like much annually (roughly 32 thousand, it was about 2,300ish per month if every ATM only made 200 profit). What is your average, in your area? What's a good day, bad day, and what are some insights you got from setting up ATMs in high traffic areas? I would like to learn to start my own. A buddy mentioned it. And I've thought about vending machines but this seems like a better option in that general ballpark, thx
@@juanmjeronimo true I was kind of expecting more but honestly, a machine cost like 1500 used and buying ten makes you 32 grand passively is a good way of using 20,000. Like that's a better use of a saving then lots of other types of investments. It has better returns
Whats uncle Sam’s cut in all of this is what I’m more curious about? Say you start small with one ATM and was getting 2k a month out of your machine what is taxes cut out of that 24k over the year?
@@c0wboys4life typically as an LLC you have to pay around 15-20% in taxes but you also have to keep in mind of expenses. If you makes $25k a year but you’ve also been re investing in the business by buying more ATMs then you income drops which means you pay Uncle Sam less 👌🏼
Question1: How do you know if the machine is running out of cash. Question2: How much does one atm machine cost to buy. Question3: What is the average amount that needs to be put inside the atm
There are apps for certain ATMs that tell you if it’s running low on money how much is in there how many transactions you had that day week etc. used an atm cost about $1500 brandnew is $2500. There is not certain amount you need to put in there you could start with $500 and you’d just have to refill it everyday day or other day till you get to about $2000 and you won’t have to change it as often
4. What's the breakdown of the money return? What's the limit someone can take out, because if your fee is $4 if you take out per $800, doesn't add up. You must made $16 profit if that's the case if you got $2400
*>>> Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?*
@cillian2109 Thanks for this tip. Her website popped up on the first page immediately I searched her, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon
Brother Reyes would please change this instrumental I watch a lot of your videos and this one I am highly interested but this instrumental is driving crazy brother please? I know I am going to watch quite a bit this particular video but i can’t with this beat brother
Plans for the digital dollar seem to be getting very close. Something to consider if one plans to spend the money to start up a business like this right now.
im just using ATMs to fund my fintech app startup and candy bar brand theres way more upside and money in fintech. i could never feel comfortable sitting on only an ATM business unless I was cranking 100k+ a month and reinvesting heavily this business if you start now you have to scale fast
I seen am article where a similar situation happen to an atm owner, but he flipped the script. Instead of telling the cops, he sold an atm machine to the guy, the ironic thing is this same thing happened to the new owner years later lol. That's karma 🤷🏾♂️🤣🤣
Hey Reyes I kinda feel like you’ve gotten off course and it seems like your recycling content a bit we’ve already seen an atm business and multiple “moble detailing” ones as well I miss watching you try new adventure like trying eBay or vending machines or even ur ride alongs like the bounce house guy this stuff just seems like advertisements for those people business and not informative videos to help people
I dont think so , i found myself using it when there was a problem with making an online payment , so i went to the establishment in person and only accepted cash , the bank was closed so i found and atm close by withdrew 60 bucks and made my payment ,so long story not shot lol theyre not dying
Why doesn’t anyone who do these videos tell you that it’s a high risk industry due to money laundering. BOA & Wells denied me a business account, BOS said they would interview me and do an investigation? I mean I earned all my money through fighting fire this year so I have all the check stubs to prove my thousands… see how it goes today. 😭😭😭
Ever wanted to start a UA-cam Channel for your business or need a content manager for instagram reels? Let me help you like I've helped dozens of entrepreneurs start, grow, and monetized their channel to create a new source of income and increase their sales plus grow their personal brands and following. DM on IG here: instagram.com/reyestheentrepreneur/
A lot of small ATM guys on youtube & facebook under 25 machines heavily promoting paid ATM courses which you dont need just go to your local score office for free. Makes me wonder if they are even making any real money and would rather sell courses to newbies because its easier than grinding out ATMs
Everybody have a course nowadays one day you’ll see one about how to use the toilet
@@chankanyy924 😂😂😂😂
It is easier to sell courses then actually doing it
@@LivingtheDRdream yes because they just babbling anything they want and hopefully the moon they are talking to won’t suspect BS lol
When you add it up, like 200 on average is the minimum I assume he wants go make *13*12 months is about 32 thousand a year, not great. You'll seriously need to scale to live from ATM only. It's easy to start with a loan and it'll replace an income from something else over time but I wouldn't keep a business like that unless I'm doing some other stuff. It's just to small
New channel idea reyes, do a UA-cam podcast where you do more in depth interviews with different small business owners. No script just the nitty gritty on trade secrets.
ATM Business is great I've been in the business for about 3 years now with 16+ locations.
How is it like? I was adding up his minimum monthly income from ATM profit and it doesn't look like much annually (roughly 32 thousand, it was about 2,300ish per month if every ATM only made 200 profit). What is your average, in your area? What's a good day, bad day, and what are some insights you got from setting up ATMs in high traffic areas? I would like to learn to start my own. A buddy mentioned it. And I've thought about vending machines but this seems like a better option in that general ballpark, thx
@@spacejunky4380 that's still $32k in passive income bro. you can definitely hit more than that at the end of the day just depends on locations
@@juanmjeronimo true I was kind of expecting more but honestly, a machine cost like 1500 used and buying ten makes you 32 grand passively is a good way of using 20,000. Like that's a better use of a saving then lots of other types of investments. It has better returns
Whats uncle Sam’s cut in all of this is what I’m more curious about? Say you start small with one ATM and was getting 2k a month out of your machine what is taxes cut out of that 24k over the year?
@@c0wboys4life typically as an LLC you have to pay around 15-20% in taxes but you also have to keep in mind of expenses. If you makes $25k a year but you’ve also been re investing in the business by buying more ATMs then you income drops which means you pay Uncle Sam less 👌🏼
Been here since 1k subs, new this channel would grow hard.
Love the videos!
damn, reyes your content used to be fire. lazy upload/poor questions, little value. bring the heat homie!
True
It’s cause he’s grinding on his company
Where are the rest of your videos? Meaning the very first ones? The ones that showed your struggles? The original RTE?
Reyes goes hard in the paint
Man I remember watching you make tshirts years ago and now you pulling 500k subs? Hit me up if you want to talk about the business I'm in!
Side hustle king!
Question1: How do you know if the machine is running out of cash. Question2: How much does one atm machine cost to buy. Question3: What is the average amount that needs to be put inside the atm
Go on google and find the answer !
There are apps for certain ATMs that tell you if it’s running low on money how much is in there how many transactions you had that day week etc. used an atm cost about $1500 brandnew is $2500. There is not certain amount you need to put in there you could start with $500 and you’d just have to refill it everyday day or other day till you get to about $2000 and you won’t have to change it as often
@@Bodybuilding109 I haven’t watched the video yet but, honestly it should cover these questions
4. What's the breakdown of the money return? What's the limit someone can take out, because if your fee is $4 if you take out per $800, doesn't add up. You must made $16 profit if that's the case if you got $2400
@@entertainmeant6520 most ATM machines in stores and other wouldn't let you take more than $200 in one transaction
Haven’t watched Reyes in a long while. What the heck, is this a paid promo to get course sign-ups?
Since the barber shops are the best location, are all those barber shops cash only?
*>>> Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?*
@cillian2109 Thanks for this tip. Her website popped up on the first page immediately I searched her, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon
The target for institutions are 3500. Will run everyone’s stops You failed to sell all shares at the top. Get out
Thanks brothers 💪🏾🤝🏾✊🏾 learn something new salute
but Reyes...what about the HD!...cant be doin with 720p quality man!
😆
I hate 20s and 50s!.. I need 5s and 10s for yardsales!!! I'm sorry I can't break that sir 😔
Use plastic 🤷🏾♂️
How is the fund's recycled ♻️ though? Who's giving it back?
Brother Reyes would please change this instrumental I watch a lot of your videos and this one I am highly interested but this instrumental is driving crazy brother please? I know I am going to watch quite a bit this particular video but i can’t with this beat brother
🚨🚨🚨 so when the atm gets damage, does insurance cover the cost of the replacement or repair?
they have warranties.. and unless it’s in the hood ppl not gonna try it lol
Shepherd's Chapel Network !!!!!!! Have you requested your free Introductory Offer ???????
AINT NO ONE MAKING THAT MUCH, EXCEPT THE ACTUAL FRANCHISE COMPANIES.
Great video!
Plans for the digital dollar seem to be getting very close. Something to consider if one plans to spend the money to start up a business like this right now.
Bills are always gonna be around lol
@@eavends2079 Are you going out of your way to ignore the W.E.F.'s Great Reset?
im just using ATMs to fund my fintech app startup and candy bar brand theres way more upside and money in fintech. i could never feel comfortable sitting on only an ATM business unless I was cranking 100k+ a month and reinvesting heavily this business if you start now you have to scale fast
millions of people don't trust putting info on cashapp PayPal ect ATMs will be here for a while
Does he do it himself or use a , 3 party filler.. and if he fills himself .. safety concerns or u pack heat lol
I seen am article where a similar situation happen to an atm owner, but he flipped the script. Instead of telling the cops, he sold an atm machine to the guy, the ironic thing is this same thing happened to the new owner years later lol. That's karma 🤷🏾♂️🤣🤣
Whats the average cut for the business owner?
Great video ATM business is lit
Sorru but in this date we are in a transition of physical money to digital money, is proven that the majority of transaction are digital
More information please.
Lets go 💪
My buddy makes 20k and I have another guy from SD that owns 400 ATMs.
That 20k yearly or what? Crazy amount of money though
Most people ain’t using cash anymore.
Hey Reyes I kinda feel like you’ve gotten off course and it seems like your recycling content a bit we’ve already seen an atm business and multiple “moble detailing” ones as well I miss watching you try new adventure like trying eBay or vending machines or even ur ride alongs like the bounce house guy this stuff just seems like advertisements for those people business and not informative videos to help people
I really enjoy watching the video
Do u pay bank for the services
What do u think? Do u believe you can just put an ATM anywhere And start collecting Cash?
More info
ATMs seems like they're on their way out.
I dont think so , i found myself using it when there was a problem with making an online payment , so i went to the establishment in person and only accepted cash , the bank was closed so i found and atm close by withdrew 60 bucks and made my payment ,so long story not shot lol theyre not dying
@@jzila9900 theyre definitely dying
Nah some businesses only take cash and cash itself is gonna stay for years still but I could see digital payments being an only thing in the future
There’s one Blockbuster video store still open. So I guess video rental stores are a good business too.
There are bitcoin ATMs.
Bruh, I would never Eva Eva Eva Eva open up an atm
Business. For $4k you get better ROI on businesses that’s cost sun $30 to start like UA-cam.
You a vet? Va help you?
Why doesn’t anyone who do these videos tell you that it’s a high risk industry due to money laundering. BOA & Wells denied me a business account, BOS said they would interview me and do an investigation? I mean I earned all my money through fighting fire this year so I have all the check stubs to prove my thousands… see how it goes today. 😭😭😭
The music is kind of distracting
Dam are you a fly , coz you have an attention span of a bug 🐛
Profit $200/ week or month?
Month
Are you still in the ATM business?
ATMs are okay, but the big money is in Blockbuster franchises and 8-track repair shops
Funny
Nah, I’m making bank on my Mutoscope machines with girlie pictures.
This is nothing but greed, trying to sell courses that no one needs.
Discount drake? 😅
What about gas’s!!!!!!!!! You didn’t say gassssssssssss .your show is depressing now
99.9% of These "hustle" channels are garbage and clickbait,you don't learn anything new and they All have The Open mouth ( insert BBC here) thumbnails
Are you robbing ATMs ?
Saltu.unusual .