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Dividends from Share and Stocks
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Interest from high yield accounts
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Rental income from housing or other assets
These are just a few of the more common assets however there is practically endless options and some of the less common ones are the ones the interest me the most. A lot of people do not realise but there are a lot or revenue generating assets that require less investment than housing, shares and long term deposits and companies have been taking advantage of the for years. But the beauty is there is nothing stopping an individual like you or to from purchasing these kind of assets. They include;
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ATM’s – you keep they service fee and these will
only set you back about $5000 but you can expect to earn around $250 a week.
Companies like CashCard keep it filled with money, in working order and insured
and take only around 10-15% of the service fee for this convenience.
·
Vending Machines – These will set you back
around $2-3k, companies like Coke-a-cola, Pepsi, Cadbury and more offer this
product. They keep it full and in working order all you have to do is find a
location. You can expect to see an income of around $70-$150 a week.
·
Pay Phones – Simple enough. You simply purchase
a pay phone witch can be easily found with a quick Google search. You can pick
up and second hand one for around $500. You then simply approach a shop owner etc.
and offer a percentage of the sales to have to phone located in their business.
Income varies greatly with pay phones however I would expect to see an income
of at least $20 a week. This may not sound like much but remember it’s their
for life and you don’t have to work for it. As well as this pay phones are rewound
for holding their value especially if you brought it second hand.
These are the main passive income streams I use today. And I have found them to work great for me. Remember that these are only a handful of revenue generating assets and there are literally hundreds more. So I invite you to share some ideas in the comments of this post.
