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

I am shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for kids in America. Nonetheless batting cages are hard to come by depending on your geographical area.

Something to be aware of, however, is that these can require a lot of money up front. You will have to have a significant centre, equipment, and someone to run the cage.

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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 goods even with no previous design abilities. Websites like Redbubble permit you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

Shoppers then visit the website and take a look at your goods. When they buy one of the designs, Redbubble will pay you a portion of the profits. 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 develops 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 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 wonderful place to advertise your items for rent. Here are some ideas of products You Could rent out:

Just make sure that you have a proper rental agreement read review 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 help you to protect the home youre renting out. For additional peace of mind, consider requesting a safety deposit too.

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As you can see there are a ton of ways which you can make 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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In the wise ideas like an online path to the dress-me-in-the-white-jacket ideas like writing articles for adsense, Ive thought about nearly every passive income stream there is.

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During this period the one thing I wanted more than anything else, was a large fat epic list of all of the potential passive income streams there were.

Unfortunately no one has even till this afternoon made an entire list. I spent the last 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 ideas 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 crazy, eg write 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 own iPhone each morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

Because you can observe passive income streams simply come from resources, and assets are bought with money (eg rental property) or in the event of most of the ideas below, bought through sweat (eg ebook)!