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Have you ever wondered how you could make money taking pictures Do you have an eye when it comes to taking good photographs

In that case, take a look at a site like Shutterstock.  You send your photos to Shutterstock and if they are approved, 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 a few unique ideas for mobile apps, or improve upon an existing program which will help people make their lives better, you may 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 made over $1Million from his iFart app.

While these are the exceptions, there are plenty of people making thousands of dollars per month with their mobile apps.

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 might be able to make passive income by wrapping your car with an advertisement.

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The beauty of an online business is that most will allow you to work from anywhere. Starting one from scratch can take a lot 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's 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.

Heres another turnkey passive income business thought. Many cities have created laundromats that 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 cheap. It makes far more financial sense to buy 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 kids in the usa. Nonetheless batting cages are tough to come by depending on your geographical area.

Something to know about, however, 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 cage.

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So be certain to 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 choice.

Another way you can make passive income is by designing t-shirts and other goods even with no prior design skills. Websites like Redbubble permit 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 your designs, Redbubble will pay you a portion of the profits. They handle all of the production and shipping of merchandise.

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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 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 description 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.

Thousands of people daily are looking to rent any variety of things. Craigslist can be a great place to advertise your items for rent. Here are some thoughts of products You Could rent out:

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Just ensure you have a proper rental agreement signed by both parties. Additionally, get paid in cash beforehand, and find a current photo you can try here ID and secondary evidence of address from renters.

This will allow you to protect the home youre renting out. For additional peace of mind, consider requesting a security deposit as well.

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As you can see there are a ton of ways that you can make passive income. With luck, this list has helped you narrow down which source of income is most effective for you.

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

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