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Mike Hoffmann Profile picture
@MrPassive_
Aug 6, 2024 • 14 tweets • 3 min read • Read on X
Scrolly
I found a guy who goes around the US asking 70 to 100-year-olds their:

• Biggest Regrets
• Biggest Lessons
• Advice to their younger self

Oddly enough, most of their answers are the same…

Here are my top 7 (Part 2):
Image
Image
7.
6. This ones from part 1.

But it was just too good not to include.
5.
4.
3.
2.
1.
If you want help starting your Passive Income journey in addition to your
9-to-5...

DM me "Passive" and let's chat. 🥤
I know I said this in part 1…

But notice how they all say what's most important/they regret not prioritizing is:

• Health
• Family time
• Experiences
• Relationships
• Enjoying each day

& they realized money & working hard is not important…
Thankfully, I've realized this at 34.

Which is why I retired from my 9-5 at 30 & now spend my time:

• With my daughters & wife
• Prioritizing health
• Traveling

My biggest fear is having regrets at 70-100 years old.

I'm living my life now so that won't be a problem. Image
What are you scared of regretting when you're older?

If you enjoyed this & want more content like it...

Follow me @MrPassive_
Check out part 1 here:

& S/o to @YairBrachiyahu for these amazing interviews!

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More from @MrPassive_

Mike Hoffmann Profile picture
Feb 18
Every W-2 employee should own a vending machine because…

The IRS wants you to.

Here are 7 expenses that can legally reduce your taxes when you own a vending machine:
1. Machine Depreciation

I use Section 179 to depreciate 100% of the value of a machine in Year 1.

This means if I finance a machine for 10% down ($600) I can write-off $6,000.

I can also write off the $200/mo payments that come from financing the machine.
2. Vehicle

Every time you restock or service your machines, you're using your vehicle for business.

You can deduct either:

The standard mileage rate (67¢ per mile in 2025), or the actual vehicle expenses (gas, maintenance, insurance, and depreciation).

Even if you use your personal car, you can track business miles and write that portion off.
Read 10 tweets
Mike Hoffmann Profile picture
Feb 11
If I were lazy & wanted to make monthly passive income…

I wouldn’t buy ATMs.
I wouldn’t buy a car wash.
I wouldn’t buy dividend stocks.

I’d buy a vending machine that makes money while you sleep.

Here’s exactly how it works: Image
Vending machines are having their moment right now, but not the ones you're thinking of.

Forget the bulky Coke machines from the '90s that take coins.

I'm talking about smart machines with AI cameras and cashless payments.

This is your window.
Step 1: Find a high-traffic location

Apartment complexes. Office buildings. Gyms. Manufacturing plants.

Walk in and say, "Want to offer a luxury amenity at zero cost to you? I'll handle everything."

Most property managers are tired of old machines that never get stocked.
Read 11 tweets
Mike Hoffmann Profile picture
Jan 28
A pattern I've noticed in all wealthy families:

They teach their kids about money before they teach them to drive.

If you want to leave a financial legacy…

Here are the 7 lessons smart parents pass down:
1. The 8th Wonder of the World.

Two words: Compound interest.

Just $100 invested at 15 years old becomes $10,000 by the time you retire.

But if you wait until 35? Only $2,000.

That's assuming a 10% annual return (the S&P 500 average).

Time in the market > Timing the market.
2. The 50/30/20 Rule.

• 50% needs (rent, food, basics)
• 30% wants (fun, hobbies)
• 20% savings/investing

This framework keeps you from going broke while still enjoying life.

Most people skip the 20% and wonder why they're always stressed about money.
Read 9 tweets
Mike Hoffmann Profile picture
Jan 20
I'm 35 years old.

I make $65k a month in profit.

I owe it all to the world's most boring side hustle.

Here's what I do (& how you can too): Image
Step 1: Go to Google Maps & search for "apartment complexes" in your area

Step 2: Use Apollo to find the email address of the property manager/owner

Step 3: Send them a simple email using this exact script...
You want to keep it simple:

"Can I place a vending machine in your building? It's a luxury amenity for residents & keeps them happier. I'll do all of the maintenance so there's no work from you."
Read 8 tweets
Mike Hoffmann Profile picture
Jan 7
Everyone should have a vending machine that makes $600 a month.

It takes 30 minutes a week to manage (& can even save you on taxes).

Here are 7 steps to launch in the next 30 days: Image
Step 1: Finance your machine.

You don't need $5,000 upfront.

Most vending distributors offer 10% down & the rest paid monthly (~$200/mo).

That's $500 out of pocket for a $5,000 machine.
Step 2: Find your location.

I look for…

→ Stationary audience
→ 50+ people passing daily
→ Limited food options nearby

Best spots: Urgent cares, warehouses, apartment complexes, and gyms.
Read 9 tweets
Mike Hoffmann Profile picture
Nov 10, 2025
Don’t buy Bitcoin.
Don’t buy an ATM.
Don’t buy a laundromat.

Instead, buy this little smart cooler that turns any apartment complex into a cash machine.

Let me show you exactly how it works: Image
Apartment complexes are desperate for modern amenities right now.

Most still have broken vending machines collecting dust from 2015.

Property managers want solutions.

Residents want convenience.

You can be the bridge between them.

This is your moment.

Here's the exact process:
Step 1: Find apartment buildings on Google Maps

Search your area.

Look for complexes with full parking lots (high foot traffic indicator).

Make a list of 30-50 properties.
Read 14 tweets

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