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The reason why 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 far more financial sense to buy 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 well-known sports for kids 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 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 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 choice.

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

Shoppers then visit the site and check out 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 merchandise.

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

Though 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 helps ensure a solid income supply on a regular basis.

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Thousands of people every day are looking to rent any range of items. Craigslist can be a wonderful place to advertise your items for rent. Here are some thoughts of products You Could rent out:

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

This will help you to guard the home 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. With luck, this list has helped you narrow down which source of income is best for you.

If youre tired of this traditional means of making money, implement a few of the passive income approaches above so that you can begin working and making more money while you sleep today.

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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 notions 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 stream there's.

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

Unfortunately no one has even until this day made an entire list. So I spent the last week getting wealthy 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 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 mad, eg compose a quality 20,000 word blossom (insanely not passive hahahah), but then you get to sit back and enjoy go to my site seeing PayPal sale messages pop up on your own iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional effort.

Because you can see passive income streams simply come from resources, and assets are either 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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