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The reason why you would want to purchase an existing laundromat is that the startup costs are fairly high. Commercial washers and dryers are not affordable. It makes far more financial sense to purchase 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. Yet batting cages are tough to come by depending on your geographical area.

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

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So be 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 option.

Another way you can make passive income is by designing t-shirts and other goods 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..

Shoppers then stop by the website and take a look at your products. When they purchase one of the 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 matures at different times during the year. Then you take the profits from those investments as cash income during the year.

Although 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 can help ensure a solid income supply on a regular basis.

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Thousands of people daily are looking to rent any variety of items. Craigslist can be a great place to advertise your items for rent. Here check my source 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 money beforehand, and find a current photo ID and secondary proof of speech from renters.

This can allow you to guard the property youre renting out. For extra peace of mind, consider requesting a safety deposit too.

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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 best for you.

So if youre tired of the traditional way of making money, implement some of the passive income strategies above so that you can start working and making more money while you sleep now.

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From the smart notions like an online path to the dress-me-in-the-white-jacket ideas like writing articles for adsense, look at this site Ive thought about nearly every passive income flow 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 of the potential passive income flows there were.

Unfortunately no one has even till this afternoon made a complete list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow 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 preferred 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 write a quality 20,000 word blossom (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 as sale after sale after sale is madeon an ongoing basis and without any additional effort.

As you can observe passive income flows simply come from assets, and assets are either bought with money (eg rental property) or even in the event of almost all of the ideas below, bought through sweat (eg ebook)!