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The reason why you would want to buy an existing laundromat is the startup costs are fairly high. Commercial washers and dryers are not affordable. It makes far more financial sense to buy an already established laundromat than to start 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. Yet batting cages are tough to come by depending on where you live.

Something to know about, however, is that these can require a good deal of money up front. You'll have to have a significant 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 products even with no prior design abilities. Sites like Redbubble permit you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

Shoppers then visit the site and take a look at your products. When they buy one of your 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 a number of different bonds and/or Certificates of Deposit. Every one develops at different times during the year. Then you simply 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 come with little to no danger. This helps ensure a good income supply on a regular basis.

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Thousands of people daily 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 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 evidence of address from renters.

This will allow you to protect the property 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. With luck, 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 that you can start working and making more money while you sleep now.

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In 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'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 of the potential passive income flows there were.

Unfortunately no one has even till this afternoon made an entire list. So I spent the past week getting loaded 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 get access to 3 of my favorite passive income thoughts 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 blossom (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 work.

Because you can see passive income flows simply come from assets, and assets are bought with money (eg rental property) or in the case of most of the ideas below, bought through sweat (eg ebook)!