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Have you ever wondered how you could make money taking photos Do you have an eye when it comes to taking good photographs

In that case, check out a site like Shutterstock.  You send your photographs to Shutterstock and if they are approved, every time one of Shutterstocks clients downloads one of your photographs youll get a paid a royalty.

If you are a bit techie and can produce some unique ideas for mobile apps, or improve upon an existing program that will help people make their lives simpler, you may land yourself a fantastic source of passive income.

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Every app on your phone is making money for someone, somewhere. For instance, Joel Comm made over $1Million from his iFart app.

As these are the exceptions, there are plenty of people making thousands of dollars each month with their mobile apps.

How would you prefer to create money just for driving your car and not have to pick up any passengers By allowing companies to place advertisements on your car windows, you can earn a few hundred dollars each month simply by driving your car around town.

Check out Wrapify to see how you might be able to make passive income by wrapping your car with an advertisement.

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The beauty of an online business is that the majority will permit you to operate from anywhere. Starting one from scratch can take a whole lot of time and resources. Why not consider buying an already established online business Sites such as Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

Check to find out whether there is an online business for sale that's in line with your passions or hobbies. Again, in order for this notion to make passive income, youll need to employ someone to run the business.

Heres another turnkey passive income business idea. Many cities have established laundromats that are available for sale.

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The reason you would want to buy 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 buy an already established laundromat than to start from scratch.

I am shocked by the lack of batting cage facilities. Baseball Read Full Article is one of the most well-known 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 great deal of money up front. You'll have to have a big facility, equipment, and someone to run the crate.

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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.

Another way you can make passive income is by designing t-shirts and other goods even with no prior design skills. Sites 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 purchase one of your designs, Redbubble will pay you a portion of the gains. They handle all of the production and shipping of merchandise.

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Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Every 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 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.

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

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Just ensure 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 proof of speech from renters.

This can allow you to protect the home youre renting out. For additional peace of mind, consider requesting a security deposit too.

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

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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 less and making more money as you sleep now.

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