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

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

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

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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 choice.

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

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

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

Although many CDs and bonds might 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 solid income supply on a regular basis.

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Thousands of people daily are looking to rent any variety of items. Craigslist can be a wonderful place to advertise your items for rent. Here are some thoughts of products that you could rent out:

Just make sure you have a proper rental agreement signed by both parties. Also, get paid in money beforehand, and find a current photo ID and secondary proof of speech from renters.

This can help you to guard the property youre renting out. For additional peace of mind, consider requesting a safety deposit as well.

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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.

So if youre tired of the traditional means of making money, implement a few of the useful reference passive income strategies above so you can begin working less and making more money while you sleep now.

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, whenever an indication of interest is provided, it might be withdrawn or revoked, without obligation or commitment of any kind prior to being approved following the qualification or effectiveness of the applicable offering document, and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus.

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Joining the Fundrise Platform neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind. .

From the smart ideas like an online path to the dress-me-in-the-white-jacket ideas like writing posts for adsense, Ive thought about pretty much every passive income flow there's.

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During this period the one thing I wanted more than anything else, was a big fat epic list of all of the potential passive income streams there were.

Unfortunately no one has even till this afternoon made an entire list. I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my mind, my notes and the world wide interwebs!

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PS if you want to cut to the chase you can get access to 3 of my favorite passive income ideas here or you can check out 30 of my favorite real life passive income businesses here.

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Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

As you can see passive income flows simply come out of resources, and resources are bought with money (eg rental property) or in the case of almost all of the ideas under, bought through sweat (eg ebook)!

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