REI Wealth Monthly Issue 09 | Page 73

HOW TO NOT GET CHEATED IN THE ATM BUSINESS CAREY BUCK Also, if you feel like they’d put you in the back of their “support line” because you are a small ATM business owner just getting started and you don’t have tons of ATMs yet, then move on. Tip #5: Don’t Buy Your ATM from Sites Like eBay A mistake that I see a lot of new folks in the ATM business make is going to sites like eBay and buying cheap, used, ATMs. They soon find out that the ATM they just bought was an old, outdated model that needed to be updated in order to make it compliant with the cur rent ATM rules and regulations. That is, IF it’s more cost effective to update it, then to just buy an entirely new ATM machine. When you’re first getting started in the ATM business, my advice is to stay away from ATM machines on eBay or sites like that. Only buy ATMs from a trusted ATM supplier. Once you’ve educated yourself and have been in the ATM business for a while, then perhaps you may consider sites like eBay for ATM deals…….But, this way you’ll be more informed of the risks, so?you won’t be so easily cheated. I hope you found these tips about how not to get cheated in the ATM business useful. Please do yourself a favor and learn from my mistakes In my next article, I will go over the ATM cash recycling process, which allows you to get into the ATM business with less money than expected. Until next time.......may you live happily off of passive income! Carey Buck Carey Buck is a successful real estate investor and ATM business owner. She is also the creator of ATM Business Blueprint, which is a step-by-step, comprehensive home study course that teaches you how to start and grow a profitable ATM business. Start on your path to getting paid every time someone uses an ATM machine by getting your free ATM Business Road Map here.