10 Assets For Monthly CASH FLOW In 2024

Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)

DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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[harsha]

Hey Ryan, your videos are informative and on to the point. Keep up the good work brother ! your contribution is greatly appreciated.

[hateraid]

Great job, have to watch it again and take notes.

[rick.austin]

Great info and I loved the way and the clarity of the explanation.
Really well done!!
I will take inspiration for my channel 🙂

[dbest]

Ryan - thanks for all the info and tips...

[pa-james]

Excellent information provided here, Ryan.

[shumatsuopost]

Those ways that you've tackled surely seem to bring better results if applied correctly!

[bornleadproductions]

Literally could change my life with the info in this video

[mattmasteringer]

That interest on ibond looks attractive for me especially when preparing to buy a house in 2025 after the real estate market crash.

[wtrskiegllk]

Ryan. Good show. What's the best place for cash in these times? As close to risk free as possible. Treasury Bill's yielding over 4%. Any other ideas would be appreciated. Thanks

[matthughesrocks]

Great video. I am in Canada but I would guess this all still applies here as well.

[ronbiniecki]

Yes storage units are popping up like hotcakes around me

[SandDuneProperties]

NW Florida (Navarre) ... YES, storage units are being built at a rate just under Family Dollar / Dollar General! Amazing that people pay good money to store stuff that will eventually be thrown away by their family when the die! :(

[jordankendall]

A little critique. I believe your analysis on the Laundromat excludes the annual average cost of capex to replace equipment. Deprecation expense can be a good substitute assuming all the equipment is in good shape and will not need to be replaced for many years. I always laugh at sellers that exclude capex in their analysis, like it is not an eventual expense. So, in reality Laundromat returns are closer to 12% or less.

[fieralba]

How about Equipment rental business, can you do next video about how to start rental equipment like (scissor lifts or Bobcat skid steer, excavator) great videos I watched all your videos 👍👍👍

[Hyriam]

Yes, storage units are popping up everywhere.

[jamesb]

Thanks for the video. One thing though, your insights into the laundry mat, storage facility and the website ignore some big issues that are not getting mentioned.

A) with the website, you have to make continuous content to generate new income and it will take 3.15 years before you break even to make a profit (assuming you can generate enough content to equal viewership).

B) storage units, based on location, you will have possible management expenses, as well as other expenses that are not being shown in the “profits “.

C) Laundry Facility - that $43k didn’t account for the cost of rent, utilities and the depreciating cost of machines and repairs.

While I appreciate the time spent on analyzing various ideas for income generation, it only hurts your credibility when speaking to other areas in the video, when you show examples that you seriously gloss over the finer details of what the actual profits are.

It makes the overall impression of your content come into question. That’s not to say that I haven’t found value in many other videos as I’ve watched several now, but it does make me wonder if your content is being fully vetted now.

[mattjcrane]

Don’t forget you can also make money buying the contents in storage units and reselling them like they do on storage wars. Might not be passive but figured I’d bring it up while we were talking about storage units

[Cbolden]

I know FTX has changed the way people view cryptocurrency, but crypto staking is still a great way to earn yield. There are risks, yes. But much of the risk is mitigated if you stake from wallets where you own the private keys.

[MrCellatus]

Feel like that laundromat logic only makes sense if nothing breaks.

[grumpymcgrump]

Dude if you're renting out a cabin, you better be sure to have liability insurance!