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If so, check out a site like Shutterstock.  You send your photos to Shutterstock and if they're accepted, every time one of Shutterstocks clients downloads one of your photos youll get a paid a royalty.

If you are a bit techie and can come up with some unique tips for mobile apps, or improve upon an existing program 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 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 prefer to make 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 couple of hundred dollars each month simply by driving your car around town.

Check out Wrapify to see how you might be able to produce passive income by simply 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 resources. Why not consider buying an already established online business Websites like Biz Buy Sell have hundreds of online business listings which are available in varying price ranges. .

Check to find out if there is an online business for sale that is in line with your passions or hobbies. Again, in order for this idea to make passive income, youll need to hire someone to run the business.

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

The reason you would want to buy an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not affordable. It makes a lot my site more financial sense to purchase 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 for children in America. Nonetheless batting cages are tough to come by depending on where you live.

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Something to be aware of, though, is that these can require a great deal of money up front. You'll need to have a significant centre, equipment, and someone to run the crate.

So make certain that you do your due diligence before you invest too much money in this endeavor. Buying an existing batting cage business could possibly be a more financially sound option.

Another way you can make passive income is by designing t-shirts and other products even with no prior design abilities. Websites such as Redbubble permit you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, more info here etc..

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Shoppers then visit the site and take a look at your products. When they purchase one of your designs, Redbubble will pay you a portion of the gains. They handle all of the production and shipping of products.

Bond and CD laddering involves owning many 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.

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 risk. This can help ensure a good 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 great place to advertise your items for rent. Here are some ideas of products that 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 address from renters.

This will allow you to protect 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 which you can earn passive income. Hopefully, this record has helped you narrow down which source of income is best for you.

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