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The reason you would want to purchase an existing laundromat is the startup costs are pretty 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 children in the usa. Nonetheless batting cages are hard to come by depending on where you live.

Something to know about, however, is that these can need a good deal of money up front. You'll have to have a significant centre, equipment, and someone to run the crate.

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So make 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 goods even with no previous 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 stop by the website and take a look at your goods. When they purchase one of the 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. Each one matures at different times during the year. Then you simply take the profits from these investments as cash income during the year.

Although many CDs and bonds may not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no risk. This can help ensure a good income source on a regular basis.

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Thousands of people every day are looking to rent any range of items. Craigslist can be a great place to promote your items for rent. Here are some thoughts of products that you could rent out:

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

This will help you to protect the property 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. Hopefully, this record has helped you narrow down which source of income is best for you.

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

**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 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 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 flow anonymous there's.

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During this period the one thing I wanted more than anything else, was a big fat epic list of ALL the potential passive income streams there were.

Unfortunately no one has even until this day made a complete list. So I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my mind, 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 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 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 iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional effort.

As you can observe passive income streams simply come out of resources, and resources are either bought with money (eg rental property) or in the case of almost all of the ideas under, purchased through sweat (eg ebook)!

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