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The reason you would want to purchase an existing laundromat is that the startup costs are fairly high. Commercial washers and dryers are not cheap. 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 popular sports for children in the usa. Yet batting cages are tough to come by depending on your geographical area.

Something to know about, however, is that these can need a lot of money up front. You will have to have a big centre, 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 could possibly 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 previous design skills. Websites like Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, notebook covers, etc..

Shoppers then stop by the site and take a look at your products. When they buy one of the 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 develops 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 might not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no danger. This helps ensure a solid income source on a regular basis.

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Thousands of people every day are looking to rent any range of things. Craigslist can be a wonderful place to advertise your items for rent. Here are some ideas of products that you could rent out:

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

This will help you to guard the home youre renting out. For extra peace of mind, consider requesting a safety deposit too.

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As you published here 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.

If youre tired of this traditional means of making money, implement some of the passive income approaches above so you can start working and making more money as 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 provided, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being approved 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. .

From the smart ideas like an online i was reading this course to the dress-me-in-the-white-jacket ideas like writing articles for adsense, Ive thought about pretty much every passive income stream 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 till this day made a complete list. I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income flow 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 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 over here passive hahahah), but then you have to sit back and enjoy 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 flows simply come from assets, and resources are either bought with money (eg rental property) or even in the case of most of the ideas below, purchased through perspiration (eg ebook)!

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