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The reason why you would want to purchase an existing laundromat is that the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes far more financial sense to buy 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 your geographical area.

Something to be aware of, though, is that these can need a good deal of money up front. You will need 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 option.

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

Shoppers then visit the site and check out your products. When they purchase 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 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.

Though many CDs and bonds may not earn as much 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 supply 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 ideas of products that you could rent out:

Just make sure you have a proper rental agreement signed by both parties. Also, get paid in cash beforehand, and get a current photo ID and secondary proof of address from renters.

This will allow you to guard the home youre renting out. For extra peace of mind, consider requesting a security deposit as well.

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As you can see there are a ton of ways that you can make passive income. With luck, this record has helped you narrow down which source of income is most effective for you.

If youre tired of this traditional way of making money, implement a few of news the passive income strategies 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 offering; however, whenever an indication of interest is provided, it may be withdrawn or revoked, without obligation or commitment of any kind before 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 path to the dress-me-in-the-white-jacket ideas like writing articles for adsense, Ive thought about pretty much every passive income stream there is.

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

Unfortunately no one has even till this afternoon made an entire list. So I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income check my reference stream 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 preferred passive income ideas here or you can check out 30 of my beloved 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 available after sale after sale is madeon an ongoing basis and without any additional effort.

As you can see passive income flows simply come from assets, and resources are bought with money (eg rental property) or even in the event of almost all of the ideas under, bought through sweat look at here (eg ebook)!

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