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The reason you would want to buy an existing laundromat is that the startup costs are pretty large. Commercial washers and dryers are not cheap. It makes far more financial sense to buy an already established laundromat than to begin from scratch.

I'm shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for kids in the usa. Nonetheless batting cages are hard to come by depending on your geographical area.

Something to be aware of, however, is that these can require a lot of money up front. You'll have to have a significant 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 permit you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

Shoppers then stop by the website and take a look at your products. When they buy one of the designs, Redbubble will pay you a portion of the gains. They handle all of 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. Each one develops at different times during the year. Then you simply 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 good income source on a regular basis.

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

Just ensure 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 address from renters.

This can help you to protect the property youre renting out. For extra peace of mind, consider requesting a security deposit too.

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As you can see there are a ton of ways that you can earn passive income. Hopefully, this list 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 strategies above so that you can start working less and making more money as you sleep today.

**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 might be withdrawn or revoked, without obligation or commitment of any kind before see this page being accepted 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 wise ideas like an online course to the dress-me-in-the-white-jacket ideas like writing articles 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 big fat epic record of ALL the potential 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 different income flow from my mind, 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 mad, eg compose 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 morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.

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

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