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If so, take a look at a site like Shutterstock.  You send your photographs to Shutterstock and if they're accepted, each 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 a few unique tips for mobile programs, or improve upon an existing program that will help people make their lives better, you may land yourself a great source of passive income.

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

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

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

Check out Wrapify to see how you might have the ability to make passive income by wrapping your car with an advertisement.

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The beauty of an online business is that most will enable you to work from anywhere. Starting one from scratch can take a good deal of time and resources. Why not consider buying an already established online business Websites such as Biz Buy Sell have hundreds of online business listings which are for sale in varying price ranges. .

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

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Heres another turnkey passive income business thought. Many cities have established laundromats which are offered for sale.

The reason you would want to purchase an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes a lot more financial sense to buy an already established laundromat than to begin from scratch.

I'm shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports official statement for children in the usa. Yet batting cages are tough to come by depending on your geographical area.

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Something to know about, though, is that these can require a lot of money up front. You will need to have a big facility, equipment, and someone to run the crate.

So make sure that you 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 choice.

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

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Shoppers then visit the website and check out your products. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all the production and shipping of merchandise.

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 might 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 advertise your items for rent. Here are some thoughts of products You Could rent out:

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

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

As you can see there are a ton of ways that 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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So if youre tired of the traditional means of making money, implement some of the passive income approaches above so that you can begin working and making more money while you sleep now.