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If so, take a look at a site like Shutterstock.  You send your photographs to Shutterstock and if they are approved, every time one of Shutterstocks clients downloads one of your photos youll receive a paid a royalty.

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If you're a bit techie and can produce a few unique tips for mobile programs, or improve upon an existing app that will help people make their lives better, you might land yourself a great source of passive income.

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Every app on your phone is making money for somebody, somewhere. For instance, Joel Comm created over $1Million from his iFart app.

While these are the exceptions, there are plenty of people making thousands of dollars each month with their mobile apps.

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How would you like to make money just for driving your car and not have to pick up any passengers By allowing companies to place advertisements on your car windows, you can earn a couple of hundred dollars each month simply by driving your vehicle around town.

Check out Wrapify to see how you could have the ability to produce passive income by wrapping your car with an advertisement.

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The beauty of an online business is that most will enable you to work from anywhere. Starting one from scratch can take a lot of time and resources. Why not consider buying an already established online business Websites such as Biz Buy Sell have hundreds of online business listings which are available in varying price ranges. .

Check to see whether there is an online business for sale that is in line with your passions or hobbies. Again, in order for this idea to make passive income, youll need to employ someone to run the business.

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Heres another turnkey passive income business idea. Many cities have created laundromats which are available for sale.

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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 affordable. It makes far more financial sense to purchase an already established laundromat than to begin from scratch.

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I'm shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for children in America. Yet batting cages are hard to come by depending on where you live.

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Something to know about, though, is that these can require a great deal of money up front. You will need to have a big facility, equipment, and someone to run the cage.

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 option.

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

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Shoppers then visit the site and take a look at your products. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all the production and shipping of products.

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

Although many CDs and bonds might not earn as much 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 supply on a more helpful hints regular basis.

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Thousands of people daily are looking to rent any range of items. Craigslist can be a excellent 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. Also, get paid in money beforehand, and get a current photo ID and secondary proof of speech from renters.

This will help you to protect the property youre renting out. For additional peace of mind, consider requesting a security deposit as well.

As you can see there are a ton of ways which you can earn passive income. Hopefully, this list has helped you narrow down which source of income is best for you.

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If youre tired of the traditional means of making money, implement some of the passive income strategies above so that you can start working less and making more money find out this here while you sleep today.

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