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

I am shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in the usa. Yet batting cages are hard to come by depending on your geographical area.

Something to know about, however, is that these can require a good deal of money up front. You'll have to have a significant 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 previous design skills. Websites like Redbubble allow you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

Shoppers then stop by the site and check out your goods. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all of the production and shipping of merchandise.

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

Although many CDs and bonds may 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 can help ensure a good income source on a regular basis.

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Thousands of people daily are looking to rent any variety of things. Craigslist can be a great place to promote your items for rent. Here are some thoughts of products that you could rent out:

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

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

So if youre tired of this traditional way of making money, implement some of the passive income approaches above so you can start working less and making more money while you sleep today.

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offeringnonetheless, if an indication of interest is supplied, 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 notions like an online course to the dress-me-in-the-white-jacket notions like writing articles for adsense, Ive thought about nearly straight from the source every passive income flow there's.

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

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

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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 favorite 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 get 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 anonymous 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 event of most of the ideas below, bought through perspiration (eg ebook)!

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