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The reason 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 purchase an already established laundromat than to start from scratch.

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 hard to come by depending on your geographical area.

Something to be aware of, though, is that these can need a lot of money up front. You'll have to have a big facility, equipment, and someone to run the cage.

 

 

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So be sure to 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.

 

 

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Another way you can make passive income is by designing t-shirts and other goods even with no previous design abilities. Sites like Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

Shoppers then visit the website and check out your goods. 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 merchandise.
 

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Bond and CD laddering involves owning a number of 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 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 daily are looking to rent any range of items. Craigslist can be a great place to promote your items for rent. Here are some ideas of products that you could rent out:

Just ensure 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 address from renters.

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

 

 

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

If youre tired of the traditional way of making money, implement some of the passive income strategies above so you can start working 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 offeringnonetheless, if an indication of interest is provided, it might be withdrawn or revoked, without obligation or commitment of any kind before being accepted following the qualification or effectiveness of the related 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. .

In the smart ideas like an online path to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about nearly every passive income stream there is.

 

 

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

Unfortunately no one has even till this day made a complete list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my mind, my notes and the net interwebs!

 

 

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PS if you want to cut to the chase you can get access to 3 of my preferred passive income thoughts 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 get 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 effort.

As have a peek at this site you can see passive income streams simply come from resources, and resources are bought with money (eg rental property) or even in the event of almost all of the ideas below, bought through sweat (eg ebook)!

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