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If so, 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 photos youll receive a paid a royalty.

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

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Every app on your phone is making money for somebody, 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 per month using 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 simply by driving your car around town.

Check out Wrapify to see how you could 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 the majority will allow you to work from anywhere. Starting one from scratch can take a good deal of time and tools. Why not consider buying an already established online business Sites such as Biz Buy Sell have hundreds of online business listings that are for sale 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 hire someone to run the business.

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

The reason why 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 is one of the most popular sports for kids in America. Nonetheless batting cages are tough to come by depending on where you live.

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Something to know about, however, is that these can need a lot of money up front. You will have to have a significant facility, equipment, and someone to run the cage.

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 goods even with no prior design abilities. Sites such as Redbubble allow you to upload your witty design ideas and then create t-shirts, coffee mugs, notebook covers, etc..

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Shoppers then stop by the website and check out your goods. When they buy one of your designs, Redbubble will pay you a portion of the gains. They handle all of 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 take the profits from these investments as cash income during the year.

Although many CDs and bonds might not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no danger. This helps ensure a solid income supply on a regular basis.

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Thousands of people every day are looking to rent any variety of things. Craigslist can be a excellent place to promote your items for rent. Here are some thoughts of products You Could rent out:

Just ensure you have a proper rental agreement signed by both parties. Also, get paid in cash beforehand, and get a current photo ID and secondary proof 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.

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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If youre tired of this traditional way of making money, implement some of the passive check my blog income approaches above so you can begin working and making more money as you sleep now.