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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
Jul 1
In 2020 I bought a used vending machine for $1500.

Now I have 102 machines profiting $60k/month.

Screw it...

Here's the full step-by-step system I used to go from 0-100+ machines in 5 years: Image
Image
First...

Why vending machines are the perfect business:

• 50% profit margins
• Scalable to any size
• Zero employees needed
• $0 down financing available
• Completely automated systems
• Minimal time commitment (1hr/week)

Now, let’s get into things:
1. Find high-traffic locations

Look for places with consistent foot traffic:

• Medical centers
• Apartment complexes
• Manufacturing facilities
• Office buildings (100+ employees)

Pro tip: If the parking lot is always full, it's a good location.
Read 14 tweets
Mike Hoffmann Profile picture
Jun 24
5 years ago I almost invested $15,000 in Miami real estate...

Instead, I placed a Micromarket in an apartment building.

It made $17,000 in the first 30 days.

Here’s the step-by-step blueprint I used to do it: Image
1. Why I Passed on Real Estate

In 2018, I wanted to buy a rental property in Miami.

I had $15,000 ready for a down payment, but the numbers didn’t add up:

• Low rental yields.
• High property prices.
• Maintenance headaches.

It felt like a grind with little return.

So, I started looking for alternatives...
2. Enter: Micromarkets

Instead of real estate, I placed a micromarket in an apartment building.

What’s a micromarket?
Read 12 tweets
Mike Hoffmann Profile picture
Jun 23
Passive income will set you financially free.

Yet 99% of people don't know how to start...

Here are the 10 best options for 2025:

1. Laundromats
A timeless passive income business.

Clean clothes are always in demand

• Set up machines
• Automate processes
• Enjoy steady cash flow
2. Ice machines

Place ice vending machines in high-traffic areas and watch the quarters add up.

• Low-maintenance
• Perfect for hot climates
• Great for busy locations
Read 14 tweets
Mike Hoffmann Profile picture
Jun 16
The key to financial freedom:

Passive income.

If you want to make money while you sleep…

Here are the 10 best passive income streams anyone can start in 2025 (no experience required):

1. Storage Facilities Image
People will always need extra space for their stuff.

All you have to do is provide storage…

& you can enjoy your low-maintenance, scalable income
2. Laundromats

A timeless passive income business.

Clean clothes are always in demand

• Set up machines
• Automate processes
• Enjoy steady cash flow
Read 14 tweets
Mike Hoffmann Profile picture
Jun 13
I started selling Smartwater in my vending machines 12 months ago.

It’s made me $15,661 in profit which could pay for our family vacation this summer.

Here’s my process for finding products broken down step-by-step: Image
Image
The avg. U.S. families spend $4,670 on a summer vacation.

I made almost 4x that just selling Smartwater in my vending machines.

So before you spend $4,000 this summer…

Buy a vending machine and stock it with products that could pay for your vacation next year.
I can buy Smartwater for under $1/unit from VendHub.

I stock it in almost all of my machines and sell it for $2+.

That’s 50% profit margins and enough to cover a family trip (and more).

Here’s exactly how I find winning products:
Read 11 tweets
Mike Hoffmann Profile picture
Jun 9
The future of passive income:

Smart coolers.

• 0 employees
• High profit margins
• Unlimited earning potential

One of mine makes $3,000/month.

Here's a full breakdown of everything you need to know (& how to place your own): Image
I've placed 65 Smart coolers.

They’re basically an upgraded version of a vending machine.

Instead of just chips & soda, you can stock:

• Salads
• Smoothies
• Sandwiches

& make a lot more money.

Here’s how:
1. Find a location.

Smart coolers are in high demand right now.

I’ve placed 65 myself & have helped countless others place their own.

You want to target locations that have high foot traffic.

Places like:

• Office buildings
• Apartment complexes
• Manufacturing facilities
Read 15 tweets

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