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If so, check out a website like Shutterstock.  You send your photographs to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photographs youll receive a paid a royalty.

If you're a bit techie and can come up with some unique ideas for mobile apps, or improve upon an existing program which will help people make their lives simpler, you might land yourself a great source of passive income.

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Every program on your phone is making money for somebody, 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 each month with 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 put 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 might have the ability 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 enable you to operate from anywhere. Starting one from scratch can take a lot of time and tools. 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 see if there is an online business for sale that is in line with your passions or hobbies. Again, in order for this idea 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 which are offered for sale.

The reason why you would want to purchase an existing laundromat is that the startup costs are fairly large. 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.

I am shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in America. Nonetheless batting cages are hard 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'll need to have a big facility, equipment, and someone to run the cage.

So be sure to resource 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 goods even with no prior design abilities. Websites like Redbubble permit you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

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

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 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 come with little to no danger. this contact form 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 range of things. Craigslist can be a great place to promote your items for rent. Here are some thoughts of products that you could rent out:

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

This can help you to guard 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 which 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 means of making money, implement some of the passive income strategies above so that you can start working and making more money while you sleep today.