Passive income: YES

Yes, owning ATM machines can eventually lead to passive income, but it requires significant initial effort and investment. 1. Setup/Systems Needed: - Purchase and placement of ATMs in high-traffic locations. - Establishing relationships with businesses for placement agreements. - Setting up a reliable cash replenishment and maintenance system, often through outsourcing. 2. Reaching Passive Income: - Most owners need to manage logistics initially, but it can become passive with effective outsourcing. - Only a few reach true passivity; many remain involved in some capacity. 3. Community Insights: - On forums like Reddit, successful ATM owners often emphasize the importance of location and negotiation skills. - Some report achieving passive income after scaling operations and outsourcing tasks. 4. Realistic Expectations: - Passive income is more likely for those who can scale and manage multiple machines. - Misleading expectations include underestimating the initial work and overestimating profit margins. 5. Who It Works For: - Realistically passive for those with capital to invest in multiple machines and the ability to outsource effectively. - Less likely to be passive for small-scale operators or those without business acumen. Overall, while possible, achieving passive income from ATM ownership requires strategic planning and investment.