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The reason you would want to buy an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes far 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. Nonetheless batting cages are hard to come by depending on where you live.

Something to be aware of, though, is that these can require a lot of money up front. You'll have to have a big facility, equipment, and someone to run the crate.

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So make 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.

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

Shoppers then visit the website and take a look at your goods. When they buy one of the designs, Redbubble will pay you a portion of the profits. 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. Each one matures at different times during the year. Then you take the profits from these 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 arrive 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 thoughts of products You Could rent out:

Just make sure you have a proper rental agreement signed by both parties. Additionally, 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 safety deposit as well.

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As you click here for more info can see there are a ton of ways that you can make passive income. Hopefully, this list has helped you narrow down which source of income is best for you.

So if youre tired of this traditional means of making money, implement a few of the passive income approaches above so you can start working and making more money as you sleep now.

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In the wise notions like an online 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 time the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income streams there were.

Unfortunately no one has even till this day made an entire list. So I spent the last 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 favorite passive income ideas 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 each morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.

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

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