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If so, check out a website like Shutterstock.  You send your photos to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photos youll receive a paid a royalty.

If you're a bit techie and can produce a few unique tips for mobile programs, or improve upon an existing app which will help people make their lives better, you might land yourself a great source of passive income.

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Every app on your phone is making money for somebody, 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 each month using their mobile apps.

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How would you like to make 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 see 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 the majority will enable you to operate from anywhere. Starting one from scratch can take a good deal of time and tools. Why not consider buying an already established online business Websites like Biz Buy Sell have hundreds of online business listings that are for sale 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 idea to make passive income, youll need to employ someone to run the business.

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Heres another turnkey passive income business idea. Many cities have created laundromats which are offered for sale.

The reason you would want to purchase an existing laundromat is check my reference that the startup costs are fairly large. Commercial washers and dryers are not cheap. It makes a lot more financial sense to buy learn the facts here now 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 children in America. Yet batting cages are tough to come by depending on your geographical area.

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Something to know about, however, is that these can need a lot of money up front. You will need to have a significant centre, equipment, and someone to run the crate.

So make sure 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 skills. Sites such as Redbubble permit you to upload your witty design ideas and then create t-shirts, coffee mugs, notebook covers, etc..

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Shoppers then stop by the website and check out your goods. When they buy one of your designs, Redbubble will pay you a portion of the gains. They handle all of the production and shipping of products.

Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Every one navigate to this site matures 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 might not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no risk. This helps ensure a solid income supply on a regular basis.

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

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

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

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

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