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If so, check out a site like Shutterstock.  You send your photos to Shutterstock and if they are approved, every time one of Shutterstocks clients downloads one of your photographs youll get a paid a royalty.

 

 

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If you're a bit techie and can produce some unique tips for mobile programs, or improve upon an existing app which will help people make their lives simpler, you may land yourself a great source of passive income.

 

 

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Every app on your phone is making money for someone, somewhere. For instance, Joel Comm created over $1Million from his iFart app.

While these are the exceptions, there are plenty of people making thousands of dollars per month with their mobile programs.

 

 

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How would you like to make money just for driving your car and not have to pick up any passengers By allowing companies to place advertisements on your car windows, you can earn a couple of hundred dollars each month by simply driving your car around town.

Check out Wrapify to see how you could be able to make passive income by wrapping your car with an advertisement.

 

 

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The beauty of an online business is that most will allow you to operate from anywhere. Starting one from scratch can take a good deal of time and resources. Why not consider buying an already established online business Sites such as Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

Check to find out if there's an online business for sale that's in line with your passions or hobbies. Again, in order for this notion to produce passive income, youll need to employ someone to run the business.

 

 

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Heres another turnkey passive income business idea. Many cities have created laundromats that are available for sale.

 

 

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The reason you would want to buy an existing laundromat is that the startup costs are pretty large. Commercial washers and dryers are not cheap. It makes a lot more financial sense to purchase an already established laundromat than to begin from scratch.

 

 

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I'm shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in America. Nonetheless batting cages are tough to come by depending on where you live.

 

 

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Something to know about, though, is that these can need a lot of money up front. You will need to have a significant facility, equipment, and someone to run the cage.

So make sure that you do your due diligence before you invest too much money in this endeavor. Buying an existing batting cage business may be a more financially sound option.

Another way you can make passive income is by designing t-shirts and other products even with no prior design abilities. Websites such as Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, notebook covers, etc..

 

 

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Shoppers then stop by the site and take a look at your products. When they purchase one of your designs, Redbubble will pay you a portion of the gains. They handle all the production and shipping of products.

Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Each one develops at different times during the year. Then you simply take the browse this site profits from these investments as cash income during the year.

Although many CDs and bonds may not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no risk. This can help ensure a good income source on a regular basis.

 

 

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Thousands of people every day are looking to rent any variety of things. Craigslist can be a excellent place to promote your items for rent. Here are some ideas of products You Could rent out:

Just ensure you have a proper rental agreement signed by both Read Full Report parties. Also, get paid in cash beforehand, and get a current photo ID and secondary proof of speech from renters.

This can help you to protect the property youre renting out. For extra peace of mind, consider requesting a safety deposit too.

As you can see there are a ton of ways which you can earn passive income. With luck, this list has helped you narrow down which source of income is most effective for you.

 

 

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If youre tired of this traditional way of making money, implement some of the passive income strategies above so you can begin working less and making more money as you sleep now.

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