ATM BUSINESS - 8 Things You NEED TO KNOW!
How much he makes in one month. • How Much An ATM BUSINE...
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@georgeoluwatobi4402
3 жыл бұрын
How can I get a machine shipped and from where?
@QueenInfinityNetwork2
3 жыл бұрын
Hello, can you make a video on how to find a good lawyer for your atm business?
@andrewmorales5485
2 жыл бұрын
How many ATM machines would it take to make$40k monthly
Still watch the video these are just the highlights 1. Buy a brand new machine (2500$) 2. Always (X3) get a good contract and get it signed FIRST 3. Buy a ATM from a company with technicians 4. Dont go to large banks (Wells, Chase) 5. Be honest about your ATM business 6. Always (X2) bolt your machine to the ground 7. Pace yourself, step by step
@LHess-tp9ri
3 жыл бұрын
Thanks. I'm watching the video still but I took a screenshot
@riverablends1461
3 жыл бұрын
What are examples of a good place to buy a new machine?
@rob_cd
Жыл бұрын
🙏🏿
@LaBelle22
Жыл бұрын
How do you start a contract? By itself or with a lawyer?
@stalkmoonwowweee7196
13 күн бұрын
Cant bolt it down but GPS tracker stickers on all machines
*I thought it was a re-upload BUT NO* Reyes is just putting in that work. Love that 💯💯🙌
This dude has youtube personality Reyes 💪
@ReyesTheEntrepreneur
3 жыл бұрын
I bounced my energy off him. Very charismatic
@howtoskatewithanfour6889
3 жыл бұрын
I have 2 new machines. On my way to my first full month. Looks like its going to make me 600+ extra this month ontop of my regular job. 👍🏻
@BReal-qj2vo
3 жыл бұрын
@@howtoskatewithanfour6889 Where did you get your contract?
@howtoskatewithanfour6889
3 жыл бұрын
B. Real update, government came and took my money. $800 anual, taxes, Bank fees, internet, commission to owners, licensing to opening a business bank account. For the contract, you can just copy paste an atm contract online for free. Just shows the agreement between you 2. Talk to a lawyer to write one for you probably an extra 1000 that way, it's your business, you do it however you want.
@BReal-qj2vo
3 жыл бұрын
@@howtoskatewithanfour6889 I am not understanding your first sentence government came and took your money.
Locations are tough to find! But if you hustle hard enough you'll find them.
@noobERNS_it
3 жыл бұрын
Amen
@jusdre313
3 жыл бұрын
i wonder if there are location finding businesses similar to ones that find locations for vending machines 🤔🤔?? now that i think about it probably not.. atm's are a whole other beast
Dang the office is really helping out these vids out. Glad you got one
Wow Reyes that office has done you good bro. Content near daily man. Awesome sauce!
Hands down one of the best videos on saw on ATM business’s wow thanks so much for sharing:)
This video truly motivates me into wanting to start a atm business myself. Thanks for posting this
Love it reyes! Keep up the good work!
Reyes grinding out videos like crazy! Respeckkkkk the hustle! $$$$
Another Banger 🔥🔥🔥
Great info Michael 👍🏽
I respect both of y’all heavy
Smart dude......great content Reyes!!!!
Damn that new office was for sure the move bro 🤩
You got my attention today Michael 💪🏾🙌🏾😊.....
Reyes' bro I appreciate everything you do on these Channel I've been watching you since day one bro and you motivate me
Love it Reyes!
Very informative, thanks guys!
We appreciate you Reyes. 😎💥👊
Thanks 🙏🏾 for the love ❤️
my man over here spitting game. don’t sleep on the knowledge
“I got a face card at tha bank”. I love this guy, this interview is straight truth. Thank you for uploading.
Make a series starting an ATM business!
Great video and tips, thank you very much.
Notification GANNGG! Reyes with the value this afternoon! Its lit! Hope everybody has a great day!
@miab1705
3 жыл бұрын
I watch your videos from reyes
@RicoCopeland
3 жыл бұрын
@@miab1705 that’s love ❤️ thank you
Thanks for the advice pimps 👍 did you guys start looking for locations before you had machines? I just stumbled upon the channel and subbed.
Notification Gang 🏆
You guys make a good team
Early Reyes!
Awesome information
I learn so much
Awesome video
Thank you for sharing this video
NOTIF GANG
Thanks for the tips, Michael. No books ever said this passive income source was possible.
Good tips bro
Great video, couldn’t agree more with him on the tips. One thing to know for sure is to let the banks know the ATM business isn’t a MSB according to FinCEN. This helps ur chances of getting a bank drastically. Hope that’s helpful.
@sirkislv9384
3 жыл бұрын
The bank isnt gonna take your word for that haha
Bro 3:48 thank you that’s what I’ve been having trouble with
Good stuff
Appreciate the free jewels Michael should definitely make a KZread page
In the hood, he gets the highly acclaimed title "real ni**a"!
Michael knows what he is doing
@ReyesTheEntrepreneur
3 жыл бұрын
Yes he does.
There is a push towards digitizing more transactions but that could possibly cause more of a demand for cash, especially if governments place limits on the amount of cash that can be taken out in a day; it has happened in many countries.
@Hechangethnot
Жыл бұрын
Old ppl still roll with cash. And their demographic will always be present so....
@ 4:23 "I got a face card in the bank" LOL - I feel ya my brotha'
thank you for all the tips !! appreciate your effort man ` just a question about how the ATM dispense different bills, 20.. 10.. 5 should i buy extra cassettes ?? is there specifc ATM brand that you prefer thank you
u should do more videos on the photo booth business
You should do FFL or gun sellers too as well
Seriously considering this as another side hustle. So do I put my own 2k inside the machine to start or try to get it from the credit union to start off?
What kind of lawyer would you contact to draw up contact? An how do reach agreement on rent/payment of location? Is it by slate rate? % of profit?
What company or bank do you use for your atm business because My bank Td bank doesn’t allow customers to have one so I was wondering
Thank You
Reyes ur cool dude
Do the machines send an alert to the owner when it is empty?
You already posted this!
@Jose-bp6eq
3 жыл бұрын
This another video
I was able to get a contract aka location agreement thru my processor, they gave me one for free. Basically has everything I need on that contract from price I'll be charging to profit sharing to insurance, the whole enchilada.
@kc_ink_addict9079
3 жыл бұрын
You have a name of your processor??
@noobERNS_it
3 жыл бұрын
@@kc_ink_addict9079 I've been talking to a dude named Joey. From GA. I live in Indianapolis area. This dude has been informative and been able to answer my questions along the way. He sending a technician out to help me install my first atm , the technician will help me understand my ATM according to Joey from ATMMachines.com LLC
Office really pushing productivity!!!
How do you get the cash to fund when you refill? The money hits your account, so, you can set up transfer to your personal bank account, cool.
‘I miss being a kid” I felt that smh
Good video! About placing money inside, how do I make profit if I'm using my own money to refill each time after the 1st initial startup price of $2K or did I miss the way that portion is made?
@RoeVenturesLLC
3 жыл бұрын
$5 surcharge is added from each customers bank to your account maybe in 24 hr period so multiple people within 24hrs. So, I guess you could use your own cash to refill machine
@emilcooper2364
Жыл бұрын
my thoughts as well. I'm thinking you need double the cost to start up. So around 5k.
Let’s say I’m not interested in getting loans, would it still be advisable to not go to large bank?
Reyes how are your stocks doing, they must be skyrocketing rn
What do you mean by contracts? Like with the people of location where the atm is going ??
You guys always leave the most important part which is how do you even get a contract In the first place where. By who. How much does it cost to get a template contract. How do you approach an entity and show the contract or present yourself. I need to know what to do on that aspect I have everything already but every atm video is the same bro gotta give that full info
@Blzej23
3 жыл бұрын
Nobody is going to give you the answer. I found the answers to all of that on my own from videos like this.
Confused on points 4 and 5. Use small banks for placement of machines or opening a business account ??
@sirkislv9384
3 жыл бұрын
Small bank for opening your business account
Should I buy a ATM first before I get a contract
So that's why dispensary ATMs be charging $3-$4 to withdraw
@Noname23489
3 жыл бұрын
3-4 is small, most places charge 5.99-7.99
NOBODY wants to loose money!!
Where do I get an ATM that DOESN'T come with LONG TERM CONTRACTS or clauses where I pay them until the end of the contract if my ATM business fails ?
Bro idk what kinda ATM's Michael getting but the GenMega 2500 I got is like 250 lbs, it's pretty fukin hard to lift my ATM up to my shoulder, oh hell nahhhh I'd break my back, n I'd like to think I'm a kinda strong guy, I'm bout Michael's size.
“Free range kids...” LMAO
can i ask what site or company do u go threw to purchase your atm
So is he doing it straight out if pocket or has a business credit for the ATM business?
Are we really buying used atms? Isn’t there some kind of security risk there
Why wouldnt the small banks and businesses use their own ATM machines?
@tarickpersaud6761
3 жыл бұрын
They do
I like how he flexs the cash even tho it's not the profit lol
Let’s go
So we doing daily uploads now😳
What’s a good bank to use?
Change the default password?
Can u put a link to where we buy the atms
What lawer do i look for that deals with Contract?
Kinda missed one tip on having security to cover you refilling those machines.
@7figures107
3 жыл бұрын
That’ll eat up your profit, that’s why he said In the last video he’s always strapped and goes early mornings
Can you put a camera on the ATM machines?
#1 is to get a new machine so there is no backdoor software in it either.
I can't help but wonder why a bank would seize money from an ATM business? Where your money comes from is none of their business so how do the hold it?
#5 be honest with you bank. How can I be honest and tell them I'm running an atm business if their gonna lock and hold my account. @5:20 You really didn't clarify that well
Now I need a website to buy an atm
Ello Reyes
🔥🔥🔥🔥
Can I pay brodi for a copy of that contract? Serious inquiry.
🔥
What’s the percentage that you give the owner?
@ahmedyasinabdulahi8090
2 жыл бұрын
Depending how big the business but indeed to know this question if someone know small business or big companies. How much is cost percentage. ?
@ahmedyasinabdulahi8090
2 жыл бұрын
Where did I order wich website?
What LLC does he sign under to open up the bank account?
Is there a reason why big banks don’t allow you to do this?
@marceldwayne8491
3 жыл бұрын
Nah that they don’t They have to many assets and regulation to deal with. If it was over 30 years ago, they would of done but banks have changed men.
LMAO...This man said "FREE RANGE KIDS"
Do you need a permit to run an atm
What if someone put a broken credit card into the machine?
can someone guide me to the right direction where to buy the new atm machine. i want tor order at least 2. thank you