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The reason you would want to buy an existing laundromat is the startup costs are pretty large. Commercial washers and dryers are not affordable. 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 well-known sports for kids in the usa. Yet batting cages are tough to come by depending on where you live.

Something to know about, though, is that these can need a good deal of money up front. You will need to have a big facility, equipment, and someone to run the crate.

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So make sure 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.

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

Shoppers then stop by the site and check out your products. When they buy one of the designs, Redbubble will pay you a portion of the gains. They handle all 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. Every one develops at different times during the year. Then you simply take the profits from these investments as cash income during the year.

Though 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 solid income source on a regular basis.

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Thousands of people every day are looking to rent any range of things. Craigslist can be a great place to promote your items for rent. Here are some ideas of products that you could rent out:

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

This will allow you to guard the property youre renting out. For extra 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. Hopefully, this record has helped you narrow down which source of income is best for you.

If youre tired of this traditional way of making money, implement a few of the passive income approaches above so you can begin working less and making more money while you sleep now.

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offeringnonetheless, if an indication of interest is supplied, it might be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted following the qualification or effectiveness of the applicable 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 description obligation or commitment of any kind. .

In the smart ideas like an online course to the dress-me-in-the-white-jacket ideas 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 possible passive income flows there were.

Unfortunately no one has even until this day made a complete 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!

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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 right here or you can check out 30 of my favorite 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 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, purchased through perspiration (eg ebook)!

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