Passive Income Ideas for 2019

[@marcmo689]

More people need to put stuff like this on KZbin. So happy I found you guys. Blessing indeed

[@FranchiseCityOnline]

Glad you found us - thanks for the comment!

[@向你祖母問好]

AirBNB is pretty good with quite a lot of automation available, you can add in automatic check in instructions. There is an island near where I live, I have been collecting from houses there without setting foot on the island. It is about 90% passive, but you can manage it from anywhere, you just need to have cleaners and services lined up. Very high flexibility and I never realized how many European tourists come over to this town.

[@equityfundsaccess4307]

That's great? How are the cleaners able to access the unit ? And what do you do if there are maintenance needed without stepping foot on the property?

[@utubeskreename9516]

Awesome, straight-shooter, REALISTIC advice on making money passively or semi-passively, and the legitimate risks and hurdles along the way.

[@leonchess8413]

My dad purchased an old church in WV and converted it into a home/hair salon in the late 90's and early 2000s. I recently bought the building from my mom after my parents separated and are underwork turning it into a cafe, apartments, and slot machine room! I love watching your videos, they always are inspiring!!

[@FranchiseCityOnline]

That's awesome!! Would love to hear more when you are all done . A great entrepreneurial adventure! Im sure viewers would be interested also if you are up for a phone interview.

[@leonchess8413]

@@FranchiseCityOnline I will keep in touch as things go forward!

[@3dstuffin]

My heart rate doubled on the train ride I took after discovering your channel. I boarded depressed because I had no idea how to creat my own career path, I’m getting off this train like a race horse out of the gate!!

[@JarodM]

How are things coming along champ?~

[@DukeTre]

“Imagine having to actually work hard and face challenges” - absolute gold 😂 😂

[@marksoberay2318]

You were in the zone on this one. Funny, informative and a bit snarky!

[@thymoderngent2713]

I have a buddy that turned an old church in downtown Chicago into probably the coolest loft home I’ve ever been in!

[@strategystate3636]

I love your stuff Robert. I recommend you to everyone who is interested in franchises. Keep up the great work.

[@FranchiseCityOnline]

Thanks for the feedback!

[@hassanbazzi3545]

Every word you mentioned on all your videos are worth gold. So impressed with your information. Thank you 🙏

[@NewAgentHQ]

I really enjoyed this. I currently have a business but I’m looking to diversify. I have been looking at Salon businesses. Recession proof and semi absentee. Gotta love it!

[@FranchiseCityOnline]

Thanks for visiting!

[@alexrosario6967]

I've been watching all of your videos. Thanks for being honest, transparent and confirming the 'gimmicky' ads to sell franchises. Things that consumers like me always think about and question, without any proof. Great channel

[@FranchiseCityOnline]

Thanks for watching and the positive feedback!

[@harrison6082]

I really like your channel! College maybe stressful and exhausting but your videos really cheer me up. Thanks!

[@FranchiseCityOnline]

Thank you! Hang in there.

[@les810]

I'm impressed. You are the best Trainer / Teacher/ Sales-man/ Marketer. I'm definitely your student...!

[@FranchiseCityOnline]

Thank you for the positive feedback!

[@DukeTre]

A re-purposed church.... wowwww that was the most beautiful living space I’ve ever seeeeen. Wow I learned something very new today

[@JarodM]

Excellent content, the proper level of detail and enthusiasm, liked and subscribed, thanks~

[@FranchiseCityOnline]

Thank you!

[@Gr8thxAlot]

Great video, as always. Lots of creative ideas mentioned here, especially the Airstream AirBNB. That seems a bit more active than passive, especially when the guests call you in the middle of the night because they ran out of toilet paper. :-)

[@FranchiseCityOnline]

Lol - you are absolutely right. Thanks for the comment.

[@向你祖母問好]

Airbnb isn't too bad. While it isn't 100% passive it is easy to rake in ridiculous cash for the time put in.

[@nhanhuynh2443]

Thats why there's a thing call "property management"

[@Zo-hc2fn]

I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app

[@Ananaspomidorka]

Can't express how helpful and useful your information is! Thank you!

[@FranchiseCityOnline]

Thanks for watching!

[@aurorajones8481]

I renovate homes in the Phoenix area and our housing market is stable and healthy thank god. Like a farmer I tend to my city and hope for the best as I make it better. I love your idea of alternative real estate! THAT may be my next project! Thanks for the idea!

[@FranchiseCityOnline]

Love renovating! Great business. Back in the day we did a fair bit - actually received a historical renovation award in 2003 on a big old Victorian. Thanks for the comment and all the best.

[@TheLofiDragon]

I've seen a lot of old schools being turned into apartments

[@Laura-gf9ks]

Every entrepreneur should be subscribed to this channel.

[@George-xh1ti]

Just to say I just joined I wanted thank you for sharing some very good information and your insights. Regards George Fernández

[@FranchiseCityOnline]

Thanks for visiting!

[@doublewrench69]

Hell yea brother saving my pennies and dimes for the correction

[@GrowthMindsetProductions]

I REALLY ENJOY YOUR VIDEOS, and just wanted to say THANK YOU for spending the time to develop MEANINGFUL content. I have been inspired to make a channel of my own and would appreciate the support. Thank you!

[@BROutdoorz]

WOW! Great video! So much valuable info I have to watch it again to absorb it all🤣👍🏻👍🏻👍🏻

[@microcosmos3130]

8:43 I can see in my vision a nice proper restaurant make it up from that church , with the right team of some designers, u can really create something original and a quite unique experience for local people .

[@rafiqureshi2545]

Amazing! Simply Amazing. I am a business owner, I was considering this opportunity. But you are so true about the Liabilities! Employing those many peoples, leases and all dependent on those routes being handed by manager is scary. I have had many liabilities and businesses not always makes money. Doing business with Amazon will be stressful. $625 per truck per month profit is very little. Because if one accident happens, the out of pocket will take away that money. One employee unemployment claim can take away that profit.One lawsuit from employee will take your business down. You are on the hook, Amazon is getting a free ride here.

[@karlblak7500]

Love the content,i am learning alot from you.I am starting with ecommerce and reinvest in the business to scale.Creat a video series on web business focus on canadians.Thank you

[@Adam-bt7lf]

Third video of yours I’m watching, but I’ll now subscribe for the the greatness of that ending.

[@markneff7546]

I love this channel!!! So Much wonderful informative content! Thank so much for sharing

[@FranchiseCityOnline]

Thanks for visiting!

[@DaBearsManiac]

I'm getting into commercial real estate as a broker. Starting next week, coming over from residential where I didn't have a ton of success. I'll be working in the retail sector (working on pretty much everything besides single tenant) and I love the info you guys give on the channel!

[@FranchiseCityOnline]

Thanks for the comment! One of the strategies we use with comm. realtors is to identify an empty storefront in nice location, we then find a franchise that fits that size footprint, then get pre-approved for that franchise, then we advertise the location as being pre-approved for an "xyz franchise". You get far more interest on a franchise ready to open than an empty storefront! Give me a shout if you have any good spots. Good luck in the new gig!

[@danthepyroman1]

Those who can do. Those who don’t complain.

[@JolitaBrilliant]

Finally someone not selling impossible fake ideas

[@jenvlog867]

Thank you for the honest opinions on how to go about the business, I'm starting an online business soon...

[@FranchiseCityOnline]

Thanks for the comment! Good luck with the business and don't give up!

[@asadb1990]

right now i don't have much money. But i put money in my company stock. My employer is the largest construction company in Canada and for the past 100 years has been profitable and they are employee owned. the average return annual is about 30%

[@FranchiseCityOnline]

Good plan. If you are saving period you are in the minority these days!

[@redw.2452]

Yes hes right consistency and GOOD product key

[@clintlovewinds7525]

Thanks for the advice! Realistic No hype and straight to chase👍💖

[@FranchiseCityOnline]

Thanks for the comment!

[@DuhRake]

Another great video, thank you

[@FranchiseCityOnline]

Thanks!

[@karimaly9670]

Yeah this guy knows what hes talking about...Subscribed

[@Krwler]

This information is so clear and to the point. 10/10.

[@FranchiseCityOnline]

Thanks for visiting!

[@GhostofTradition]

This is great honest information. Tai Lopez cahrges 500 or more for this type of information

[@ibrarali9369]

Thanks for the sharing the knowledge.

[@DDyke]

7:21 is Michael Jackson home he grew up in in Gary Indiana. Great video and thanks for all the Advice.

[@FranchiseCityOnline]

Thanks for the comment! And it looks like you are right - that is MJ's house! I wonder why they used it for that article.

[@rowers24]

Thanks for posting another amazing video, you've given me some great ideas!

[@FranchiseCityOnline]

Thank you!

[@anddyyxx]

How do you feel about robo investors such as Swell? Only takes $50 to get started & I am pretty tempted

[@FranchiseCityOnline]

For socially responsible investors it could be a good choice. Drawback they don't have any advisors or a lot of tools. Every persons goals are different so there is no universal bad or good. Also check out Betterment or Sofi (sofi minimum is $100)

[@anddyyxx]

@@FranchiseCityOnline Wow thanks for the reply!!! Been loving the channel, keep up the great work!!

[@david90210ca]

You gave me a great idea!

[@adamwajih1054]

What's the name of the presenter? Thank God I found this channel

[@waynesanders1406]

Thank you for all you post. Your channel is a gold mine, and when I get my hydrogen fuel cell business established and ready to franchise across the US to upend the gasoline/diesel fuel markets I'll be heading your way. I have a revolutionary invention that can be made by anyone with a garage and basic tools and it boosts mileage up to 80% with a notable increase in torque and horsepower. It's pretty easy to install in comparison to a real supercharger, which costs anywhere from $4000-$9000. It only takes about 5 hours to make one, 1 hour to install, and even with buying parts at full retail to assemble it's only $550 (once in business I expect to get that down to $350). The ROI is going to be through the roof for anyone that franchises it, and selling it is easy as pie given what it does. But aside from that I have a real question. What would you say would be the best way to sell a very unique vehicle that you want to get the most money for? I was thinking Ebay. I have probably the most unique looking Jeep Cherokee (1997-2001 era) that I have invest $40,000 into. Jeeps are a big fad, at least down here in Florida, but I foresee the old Cherokees becoming more sought after since they are unique in appearance when built and about to be in the classic-car era, and are robust long-lasting vehicles. Most people that are rich don't have the skills, time, tools, or all of the above to build something on their own. It's a capable lifted nice looking off-roader with a stroked and supercharged engine, which absolute rarity for this model of vehicle. A stroked supercharged engine is pretty rare across the board for any vehicle. That's more than $10,000 of the 40K, hence the reason you may never see a Cherokee in your lifetime that has that setup. Most of that community are cheap-builders and most don't take care of them making one that is in good condition very hard to find. A built one in good condition is next to impossible to find. A built one that actually looks nice and gets compliments, even rarer still.

[@FranchiseCityOnline]

We use to use ebay quite a lot - heck we sold a 28 room restored house on ebay back in 2004! But over time the traction just slowed down and I havent really use it commercially in over a decade. If you want to get a premium price I would wrap a marketing campaign around it - do a website - great pics, breakdown of the build - then spend a few bucks advertising in networks(you can select them in google ads) - so car enthusiast blogs, maybe there is a cherokee forum? U can post on Craigslist and other local classifieds free - they sometimes have a premium placement for extra $$. There is always the perfect buyer out there willing to pay a premium its just finding them :-)

[@wes100]

Have found out the hard way that it’s easy to develop a product, the hard part is advertising and driving traffic to your website

[@texastrustedoralsurgeon6830]

@FranchiseCity @RobertEdwards Great video! Got me thinking about how to build a passive income website using education. Thank you for everything you give us.

[@FranchiseCityOnline]

Thanks for watching! If you do end up doing it send me an email I still have all the contacts. I could possibly be convinced to give you the old website to get a head start.

[@aaa84gt]

Great advice from beginning to end, thank you for this.

[@FranchiseCityOnline]

Thanks for the comment!

[@kennedyoutdoor455]

Great Video!

[@FranchiseCityOnline]

Thank you!

[@upfulsoul826]

Can you do a vid on drop shipping and affiliate marketing? There are so many fake gurus claiming that it's easy.

[@FranchiseCityOnline]

Sure - we'll actually be starting an online business this year and take you step by step what is involved. It's not easy - it's stupidly hard - but very worth it! Thanks for the request.

[@upfulsoul826]

@@FranchiseCityOnline Sounds great. I've learned a lot from your channel.

[@archieemmanuel9930]

@@FranchiseCityOnline Awaiting...

[@FranchiseCityOnline]

@@archieemmanuel9930 Thanks for the prompt!

[@Rico_Racer]

I needed this, thank you so much.

[@conormctapoutaka0-1aka0tit5]

Good stuff. I've always wanted to run a barber shop.

[@j.m.145]

Great video. What do you think about Rowhouse Fitness Franchise?

[@FranchiseCityOnline]

I replied to you on Planet Fitness video :-)

[@CodyLeon]

Thank you for saying hard work is involved so many people want everything handed to them

[@ctobin22]

Hair salons still have expensive inventory such as hair care products. I have seen owners lose money due to theft of those products. Escape rooms are good passive business with zero inventory..

[@heydaddy2082]

You should make a video on legal loop holes in saving money for business owners...

[@FranchiseCityOnline]

Good idea - thanks!

[@nreed7718]

I've heard of people having success buying houses and turning them into Assisted Living facilities. Not sure how passive that is, but it falls under the "Alternative Real Estate" category.

[@williambaldwin9346]

That sound like a great idea, just the legal and insurance laws could be an issue, with regulations for health care.

[@sfrealestatedealmaker6001]

Look into financing and insuring the business first. It is high liability involving seniors that are prone to falling.

[@nreed7718]

@@sfrealestatedealmaker6001 It's not only for seniors. It's for people who can't live on their own, like the disabled. Which might involve similar risks.

[@waynewaltower2725]

I love these videos

[@giax2031]

Are there any wellness franchises that you can discuss?

[@FranchiseCityOnline]

Sure - which did you have in mind?

[@giax2031]

I don't have one in mind. I have been trying to see what is out there and have found very little outside of owning a gym or massage. I didn't know if you knew of any other types of wellness franchises, particularly ones that don't require several 100k to start.

[@FranchiseCityOnline]

Most wellness franchises are brick and mortar and as such are minimum $200K. There are some portable training franchises under $100k. Finding the right franchise a very individual process and depends on a number of factors including location, goals, background, operational preference etc. A video won't really cover that. If you are at the point of serious exploration our service is free if you are in the USA/Canada www.franchise.city/our-services @@giax2031

[@giax2031]

Ok thank you.

[@RX7GSLSEowner]

Robert I have a question regarding real estate opportunities. I've often thought of getting a rental property, but haven't taken the leap. Recently I learned of a website whose purpose is to introduce investors to rental property opportunities. Basically, they list these properties similarly to listings of houses for primary residence purchase, and if you buy one they handle the property management, etc. The concept is great, but I dunno, almost seems too good really. Thus it came across to me as a good way to lose your investment. Do you have an opinion? Thanks!

[@FranchiseCityOnline]

Sorry - have not heard of this business if you send me the name might be able to provide more insight.

[@RX7GSLSEowner]

@@FranchiseCityOnline Hi Robert! Ok well thank you for the effort. Well, there are several that offer a "diversified portfolio" such as fundrise.com but those are a slightly different animal. The type of website I have read about gives you the opportunity to actually purchase a single family home and then rent it out, even though that home may be in a different state and you've never even seen it. Such a website is roofstock.com. What is your opinion of these opportunities?

[@jakp8777]

The Chinese are making real estate pricing in Canada crazy.

[@fractalzoomgoggles]

You mean the Chinese force people to post their homes for sale and agree?

[@jakp8777]

fractalzoomgoggles you mean the Chinese have inflated real estate in Canada to absurd levels?

[@fractalzoomgoggles]

you mean RE sales have nothing to do with people deciding to sell their homes to the highest bidder and pack up their life to move somewhere else?

[@jakp8777]

fractalzoomgoggles you mean the Chinese have absolutely nothing to do with house prices in B.C. Canada inflating to absurd levels? Why isn’t this phenomenon happening in Alberta? I never said people don’t have the right to sell their house. I said that the Chinese are causing RE inflation and that’s a well documented fact.

[@fractalzoomgoggles]

you mean the sellers have absolutely nothing to do with the house prices in BC? I never said that you said people don't have the right to sell their house

[@spazsi3838]

To open a very good franchise such as McDonald’s requires to have Atleast 1 million ... You’re better of just buying the stock and get paid dividends for that kind of money. You might night get as much in return but the risk and liabilities are lowers

[@trodicusprime1111]

Any thoughts on a little known convenience store franchise called Street Corner?

[@FranchiseCityOnline]

Lots of info on them. If you are looking, call Franchise City first, we provide a (free) complete analysis and other options that may (or may not) be a better choice. www.franchise.city/our-services Thanks for the comment.

[@ahmadali-zn3es]

Which is the best way to invest and grow a 100K? Thank you

[@FranchiseCityOnline]

Depends on goals and the persons background. Every one of us here owns completely different businesses! Not one size fits all.

[@nss5353]

Any passive income idea ought to be compared to a total stock index fund. Index funds are essentially an auto-piloted investment based on owning a highly diversified slice of the total economy. They should have rock bottom management fees, and historical AVERAGE returns are somewhere around 10%-ish a year. They are long term investments, because the evidence is that nobody can reliably time the market but the evidence is also that the total economy grows on average over time and all it takes is a large pool of capital to buy a horizontal slice of the economy, so index funds are about pooling capital and playing the market as the house and not as a market speculator(i.e. a gambler). Capitalism works as a reliable engine of wealth generation on average, so total stock index funds work. Get rich quick schemes don't exist, but folks like Vanguard have packaged up reliable get rich slow and patient schemes. Also, in terms of risk, if your wealth is spread across the total economy and you lose it all: being poor is the least of your concerns because society just collapsed. So a passive income source has to a) return more than just buying more shares in an index fund and b) involve some identifiable risk, labor, or specialized requirement that will explain why the return is higher than an index fund (as market forces would, or will, drive the return down to match passive returns with similar requirements). If those two elements are not true, then the passive income source is a poor buy because you give up the opportunity to buy a better buy.

[@demarcobennett9694]

Wow Excellent Video

[@FranchiseCityOnline]

Thanks!

[@hankwhite2038]

Great jewels 💎🤙🏻🤙🏻☝🏻☝🏻

[@bpatel4434]

Can please make a video on motel business in canada ? Or canada usa ? Thanks

[@shawnbrisk3775]

Great information!🙌

[@thisguy4614]

Stocks, Bonds, Precious Metals, Franchises, Low cost investment AirBnB property, REITs, online businesses: like dropshipping / affiliate marketing, ecourses, blog, vlog, podcast.

[@michaelmoonstudio9648]

You mentioned about sign companies as a franchise opportunity. I've looking into the fast sign. Is this company legit?

[@marcopolo-kb4os]

If you had only 50 thousand to invest right now what would you invest in for a maximum profit? ...please answer🤞

[@FranchiseCityOnline]

Impossible to say without knowing the persons skills, their goals, operational abilities, local market demand, and dozens of other factors. That is the reason we created our service www.franchise.city/our-services

[@FranchiseCityOnline]

kzbin.info/www/bejne/Y36wgWyhrZtjfLs

[@harrison6082]

Ugh. How bad do you think the correction will be?

[@FranchiseCityOnline]

Could be very bad - surprised it hasn't hit yet tbh.

[@sfrealestatedealmaker6001]

Worse than 2008, it’s coming...

[@harrison6082]

@@sfrealestatedealmaker6001 Very funny

[@sunflower260285]

I inherited my mums house, I cannot upkeep it, and scared to get tenants as they are a headache. Should I sell and buy an apartment instead?

[@ChefGMoney43]

Yes!! Go watch Grant Cardone The Cardone Zone

[@ChefGMoney43]

Oh sorry for your lose 🙏🏾

[@Rico_Racer]

liked and subscribed

[@abderrezakalnuaimi8480]

Thank you sir soooo much

[@SHAVAS93]

Hey could you guys do up and coming franchise burgerIm

[@FranchiseCityOnline]

Sorry as mentioned in other videos, no. They are a small, newer franchise. However clients of our (free) service have access to seeing our multiple concerns for that brand.

[@lekeabiodun3252]

Wait. Are you saying that if Mr Smith earns $1mn USD a year in his day job, he can purchase a franchise expense some capex against his personal income taxes? Wow!

[@mikeanderson8323]

Sun City Arizona is a great place for retirement.

[@common_c3nts]

I am from the area, no one wants to live in Gary, IN. The only hope to make $1 Gary house profitable is to buy the entire neighborhood and invest to clean all of it up. It is a huge risk as people just do not want to live in Gary.

[@Smoke3488]

Do you guys have franchise's for sale in texas. Moving there next year.

[@FranchiseCityOnline]

Yes we do. Both new and resale - give us a call a couple of months before you move for the latest inventory.

[@artificialintelligence8388]

Do people still visit websites? Thought everyone was on amazon, facebook or youtube when it came to searching for something online?

[@FranchiseCityOnline]

Nope. But FB and YT are great arenas to find customers!

[@musicfan6575]

The Feds just cut rates 1/4 today. Can't be that bad.

[@sminthian]

I once looked into buying a church when I was looking at buying a normal house. You had to prove how religious you are and give references for which church you attend...

[@christurner6151]

99 cent stores information please

[@AsG_4_]

Hey franchise city ... Is there a duct cleaning franchise?

[@alexrileyfoxhound5453]

Check out Dryer Vent Wizard

[@alexrileyfoxhound5453]

Check out Dryer Vent Wizard

[@FranchiseCityOnline]

Yes - a few of them actually - each with different market positioning. Depending on your location it can be a good business. www.franchise.city/duct-doctor-usa www.franchise.city/ductz www.franchise.city/dryer-vent-wizard . Thanks for the comment.

[@emilyjackson6409]

A bit confused-you dropshipped educational ebooks?

[@FranchiseCityOnline]

No they were online courses. People paid and had immediate access.

[@emilyjackson6409]

@@FranchiseCityOnline Thanks for the clarification!

[@youngogthemotivator5659]

There were no links in the description.. fyi

[@FranchiseCityOnline]

Thanks for the heads up ! I don;t think this video has no reference to links - you may have had the video load outside the browser in which case you need to refresh the page to get the links from the description. Hope it helps and thanks for visiting.

[@jmea01]

I like his videos but vintage Airstream trailers are NOT cheap.

[@FranchiseCityOnline]

I suppose cheap is a relative term! Certainly cheaper than buying a house or rental property. I just checked kijiji they ranged from $4,000 to $30,000. Thanks for the comment!

[@benbrown886]

Is owning a motel or a hotel a good idea

[@FranchiseCityOnline]

Depends on many factors. Market demand, owner capabilities, budget, local demographics, business goals, exit strategy etc etc

[@artemwashere6103]

Those buildings better to demo then to renovate....

[@xensan76]

I want to make a business whining in the comments section. :P

[@FranchiseCityOnline]

You're hired! Keep up the great work

[@williambernardbrown]

How much do we make?

[@vlrdmtr]

The first advice didn’t age well but likely coming up:)

[@FranchiseCityOnline]

Most Real Estate markets and Stocks are still at an all-time high! :-)

[@vlrdmtr]

@@FranchiseCityOnline that's what I meant , taken low interest rates , inflation , short supply .. and other factors , the correction you are talking in this video may come in like 2-3 years or who knows when. By then the real estate , stocks could be worth double.. Don't get me wrong , I don't know either and not criticizing .. just saying ! Like what you are doing , keep doing it !!!

[@ht1863]

@@FranchiseCityOnline all time high…that changed at a flip of a switch

[@drshockter2158]

@11:07 That cracked me up lol

[@bbmw9029]

This is now a couple years old. His read on the stock market and real estate, at least to date (Aug 2021) has been 100 percent wrong. Maybe at some point he'll be right (things can always crash), but if you bailed on the stock market and RE in spring 2019 you lost out bigtime.

[@myaccount5204]

I like his videos but he keeps adding h’s where they don’t belong. Like “cit-he” instead of city

[@kylerichards677]

🤣🤣🤣🤣