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The reason you would want to buy an existing laundromat is that the startup costs are pretty high. 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'm shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in America. Yet batting cages are tough to come by depending on where you live.

Something to know about, though, is that these can require a good deal of money up front. You will have to have a big 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.

 

 

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

Shoppers then stop by the site and check out 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. 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 return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no danger. This can help ensure a solid income supply on a regular basis.

 

 

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

Just make sure you have a proper rental agreement signed by both parties. Also, get paid in cash beforehand, and find 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 safety deposit as well.

 

 

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

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

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, whenever an indication of interest is supplied, it might be withdrawn or revoked, without obligation or commitment of any kind before 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 obligation or commitment of any kind. .

In the smart notions like an online path to the dress-me-in-the-white-jacket ideas like writing posts click this link for adsense, Ive thought about nearly every passive income flow there's.

 

 

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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 possible passive income flows there were.

Unfortunately no one has even till this day made an entire list. I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income flow from my mind, my notes and the world wide interwebs!

 

 

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PS if you want to cut to the chase you can get access to 3 of my favorite passive income ideas 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 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 own iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional work.

Because you can see passive income streams simply come out of assets, and assets are bought with money (eg rental property) or even in the case of almost all of the ideas under, bought through perspiration (eg ebook)!

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