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The reason you would want to purchase an existing laundromat is the startup costs are fairly large. Commercial washers and dryers are not cheap. It makes a lot more financial sense to purchase an already established laundromat than to start from scratch.

I am shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in America. Yet batting cages are tough to come by depending on where you live.

Something to be aware of, however, is that these can require a lot of money up front. You'll need to have a big facility, 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 may be a more financially sound choice.

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

Shoppers then stop by the website and take a look at your products. When they purchase one of the 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 develops 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 solid income supply on a regular basis.

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Thousands of people every day are looking to rent any variety of items. Craigslist can be a great place to promote your items for rent. Here are some ideas of products You Could rent out:

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

This can allow you to protect the home youre renting out. For extra peace of mind, consider requesting a safety deposit as well.

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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.

If youre tired of the traditional means of making money, implement a few of the passive income approaches above so that you can start working and making more money as you sleep today.

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In the smart notions like an online course to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about nearly every passive income stream there is.

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

Unfortunately no one has even until this day made an entire list. So I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my head, my notes and the net interwebs!

PS if you want to cut to the chase you can Click This Link get access to 3 of my preferred passive income thoughts 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 mad, 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 own iPhone each check morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

Because you can observe passive income flows simply come from resources, and assets are bought with money (eg rental property) or in the case of almost all of the ideas under, purchased through perspiration (eg ebook)!