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The reason you would want to purchase an existing laundromat is the startup costs are fairly high. 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'm 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 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 crate.

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So be certain 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 abilities. Websites like Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

Shoppers then stop by the site and check out your goods. When they purchase one of your designs, Redbubble will pay you a portion of the gains. They handle all 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 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 might not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no danger. This can help ensure a good income source 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 that you could rent out:

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

This can help you to protect 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 earn passive income. Hopefully, this record has helped you narrow down which source of income is most effective for you.

So if youre tired of this traditional way of making money, implement a few 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 offering; however, whenever an indication of interest is supplied, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted 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 a fantastic read the wise notions 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 flow there's.

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

Unfortunately no one has even until this afternoon Click Here made an entire list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income stream from my head, 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 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 ebook (insanely not passive hahahah), but then you have 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 resources, and resources are either bought with money (eg rental property) or in the case of almost all of the ideas below, bought through sweat (eg ebook)!

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