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

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

 

 

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So be sure 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 option.

 

 

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Another way you can make passive income is by designing t-shirts and other products even with no prior design skills. Websites like Redbubble allow you to upload your witty design ideas and then make 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 a number of 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 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 risk. This helps ensure a good income supply on a regular basis.

 

 

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Thousands of people every day are looking to rent any range of items. Craigslist can be a great 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 money beforehand, and find a current photo ID and secondary evidence of address from renters.

This will help you to guard the property youre renting out. For additional peace of mind, consider requesting a security deposit too.

 

 

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As you can see there are a ton of ways which you can make passive income. Hopefully, this record has helped you narrow down which source of income is best for you.

If youre tired of the traditional means of making money, implement some of the passive income strategies above so you can begin working and making more money as you sleep today.

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, whenever an indication of interest is supplied, it may go to this web-site be withdrawn or revoked, without obligation or commitment of any kind before being accepted following the qualification or effectiveness of the related offering document, and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus.

 

 

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Joining the Fundrise Platform neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind. .

In the wise notions like an online course to the dress-me-in-the-white-jacket notions like writing articles for adsense, Ive thought about nearly every passive income flow there's.

 

 

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During this time the one thing I wanted more than anything else, was a big fat epic record of ALL the possible passive income streams there were.

Unfortunately no one has even till this day made a complete list. So I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my mind, my notes and the net interwebs!

 

 

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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 compose a quality 20,000 word ebook (insanely not passive hahahah), but then you get to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

As you can see passive income streams simply come from assets, and assets are either bought with money (eg rental property) or in the case of most of the ideas below, bought through perspiration (eg ebook)!

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