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The reason why you would want to purchase an existing laundromat is that the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes far 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 the usa. Yet batting cages are tough to come by depending on your geographical area.

Something to be aware of, though, is that these can require a good deal of money up front. You will have to have a significant facility, equipment, and someone to run the cage.

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So be certain 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 choice.

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

Shoppers then stop by the site and take a look at your products. When they purchase one of the designs, Redbubble will pay you a portion of the profits. They handle all 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 those investments as cash income during the year.

Though many CDs and bonds may not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no danger. This helps ensure a good income source on a regular basis.

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Thousands of people daily are looking to rent any variety 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. Additionally, get paid in money beforehand, and get a current photo ID and secondary proof of speech from renters.

This will allow you to guard the home youre renting out. For additional look at here peace of mind, consider requesting a safety 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.

So if youre tired of this traditional means of making money, implement some of the passive income approaches above so that you can begin working less and making more money as you sleep now.

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In the wise notions like an online course to the dress-me-in-the-white-jacket ideas like writing posts for adsense, Ive thought about pretty much 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 flows there were.

Unfortunately no one has even until this day made a complete list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every find different income stream 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 ideas 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 write 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 as sale after sale after sale is madeon an ongoing basis and without any additional work.

As you can see passive income streams simply come out of assets, and assets are bought with money (eg rental property) or in the event of almost all of the ideas under, bought through perspiration (eg ebook)!

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