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If so, take a look at a website like Shutterstock.  You send your photos to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photos youll get a paid a royalty.

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If you're a bit techie and can produce a few unique tips for mobile apps, or improve upon an existing app that will help individuals make their lives better, you may land yourself a great source of passive income.

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Every program on your phone is making money for someone, 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 per month with their mobile apps.

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

Check out Wrapify to determine how you could be able to produce 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 lot of time and tools. Why not consider buying an already established online business Websites like Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

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

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

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

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I am shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in America. Nonetheless batting cages are hard 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 centre, equipment, and someone to run the cage.

So be 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 choice.

Another way you can make passive income is by designing t-shirts and other goods even with no prior design skills. Sites like Redbubble allow you to upload your witty design ideas and then read review create t-shirts, coffee mugs, notebook 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 gains. They handle all the production and shipping of products.

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 those 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 danger. This can help ensure a solid income source on a regular basis.

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Thousands of people every day are looking to rent any variety of items. Craigslist can be a excellent place to promote your items for rent. Here are some ideas 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 evidence of speech from renters.

This can allow you to guard this website the home youre renting out. For additional peace of mind, consider requesting a safety 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 income approaches above so that you can start working less and making more money as you sleep today.

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