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The reason why you would want to purchase an existing laundromat is that the startup costs are fairly large. 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 am shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for kids in the usa. Nonetheless batting cages are tough to come by depending on where you live.

Something to be aware of, however, is that these can require a good deal 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 that you 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.

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

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

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Bond and CD laddering involves owning a number of different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you take the profits from these investments as cash income during the year.

Although many CDs and bonds may not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no risk. This can help ensure a good income source 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 wonderful place to advertise your items for rent. Here are some thoughts of products that you could rent out:

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

This can allow you to guard the property youre renting out. For additional peace of mind, consider requesting a safety deposit as well.

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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.

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

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From the smart see it here notions like an online path to the dress-me-in-the-white-jacket notions like writing posts 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 large fat epic record of ALL the potential passive income streams there were.

Unfortunately no one has even till this day made an entire list. I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income stream from my head, my notes and the world wide 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 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 every morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

Because you can observe passive income flows simply come from resources, and resources are bought with money (eg rental property) or in the case of almost all of the ideas below, bought through perspiration (eg ebook)!