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The reason you would want to purchase an existing laundromat is that 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'm shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in the usa. Nonetheless batting cages are hard to come by depending on where you live.

Something to be aware of, though, is that these can need a lot 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 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 goods even with no previous design skills. Websites such as Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

Shoppers then stop by the website and take a look at your products. 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 products.

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Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Each 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 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 helps ensure a solid 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 great place to promote your items for rent. Here are some thoughts of products that you could rent out:

Just ensure that you have a proper rental agreement signed by both parties. Additionally, get paid in cash beforehand, and find a find out current photo ID and secondary evidence of address from renters.

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

If youre tired of the traditional way of making money, implement a few of the passive income strategies above so you can start working 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 offeringnonetheless, if an indication of interest is supplied, it might be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted following the qualification or effectiveness of the applicable 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. .

In the wise notions like an online course to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about nearly every passive income flow 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 of the possible passive income flows there were.

Unfortunately no one has even till this afternoon made an entire list. I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income 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 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 write 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 own iPhone every morning available after sale after sale is madeon an ongoing basis and without any additional work.

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

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