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The reason why you would want to buy an existing laundromat is the startup costs are fairly large. Commercial washers and dryers are not affordable. It makes far more financial sense to buy an already established laundromat than to begin from scratch.

I'm shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in the usa. Yet batting cages are tough to come by depending on where you live.

Something to know about, however, is that these can require a lot of money up front. You will need to have a big centre, 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 option.

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

Shoppers then visit the site and take a look at 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 a number of different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you simply take the profits from these 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 arrive with little to no risk. This helps ensure a solid 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 wonderful place to promote your items for rent. Here are some thoughts of products You Could rent out:

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

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

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

So if youre tired of the traditional means of making money, implement a few of the passive income strategies above so that you can begin working and making more money as you sleep today.

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

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

Unfortunately no one has even till this day made an entire list. I spent the past week getting loaded continue reading this on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the world wide interwebs!

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

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

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