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

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If you are a bit techie and can come up with a few unique tips for mobile programs, or improve upon an existing app that will help individuals make their lives better, you might land yourself a great source of passive income.

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

As these are the exceptions, there are plenty of people making thousands of dollars each month using their mobile apps.

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How would you prefer 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 few hundred dollars each month by simply driving your car around town.

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

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

Check to see if there is an online business for sale that's in line with your passions or hobbies. Again, in order for this idea to make 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 offered for sale.

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

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I am shocked by the lack of batting cage facilities. Baseball is one of Home Page the most popular sports for children in the usa. Nonetheless batting cages are hard to come by depending on your geographical area.

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Something to be aware of, however, is that these can require a great deal of money up front. You'll have to have a big centre, equipment, and someone to run the crate.

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

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

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Shoppers then visit the site and take a look at your goods. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all the production and shipping of products.

Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you take the profits from those investments as cash income during the year.

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

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Thousands of people daily are looking to rent any variety of items. Craigslist can be a great place to advertise your items for rent. Here are some thoughts of products You Could rent out:

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

This can allow you to protect the home youre renting out. For additional peace of mind, consider requesting a security deposit as well.

As you can see there are a ton of ways that you can make passive income. With luck, this record has helped you narrow down which source of income is best for you.

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So if youre tired of the traditional way of making money, implement some of the passive income approaches above so you can start working less and making more money as you sleep today.

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