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If so, take a look at a site like Shutterstock.  You send your photos to Shutterstock and if they're approved, every time one of Shutterstocks clients downloads one of your photographs youll get a paid a royalty.

If you are a bit techie and can come up with a few unique tips for mobile apps, or improve upon an existing program that will help people make their lives better, you may land yourself a great source of passive income.

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Every program on your phone is making money for somebody, somewhere. For instance, Joel Comm created over $1Million from his iFart program.

While these are the exceptions, there are plenty of people making thousands of dollars each month with their mobile apps.

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How would you like to create money just for driving your car and not have to pick up any passengers By allowing companies to put advertisements on your car windows, you can earn a few hundred dollars each month by simply driving your vehicle around town.

Check out Wrapify to determine how you could be able to make passive income by simply wrapping your car with an advertisement.

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The beauty of an online business is that most will allow you to operate from anywhere. Starting one from scratch can take a lot of time and tools. Why not consider buying an already established online business Sites like Biz Buy Sell have hundreds of online business listings which are for sale in varying price ranges. .

Check to find out whether there is an online business for sale that is in line with your passions or hobbies. Again, in order for this notion to make passive income, youll need to hire someone to run the business.

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

The reason why you would want to purchase an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not cheap. 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 children in the usa. Nonetheless batting cages are hard to come by depending on where you live.

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

So be sure to do your due diligence before you invest too page much money in this endeavor. Buying an existing batting cage business may be a more financially sound choice.

Another way you can make passive income is my website by designing t-shirts and other goods even with no previous design skills. Sites like 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 purchase one of the designs, Redbubble will pay you a portion of the profits. They handle all the production and shipping of products.

Bond and CD laddering involves owning many 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.

Though many CDs and bonds might not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no risk. This helps ensure a good income source on a regular basis.

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Thousands of people daily are looking to rent any range of things. Craigslist can be a excellent place to advertise your items for rent. Here are some thoughts 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 address from renters.

This will help you to protect the property youre renting out. For additional peace of mind, consider requesting a safety deposit too.

As you can see there are a ton of ways which you can earn passive income. With luck, this record has helped you narrow down which source of income is most effective for you.

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So if youre tired of the traditional means of making money, implement a few of the passive income strategies above so that you can start working less and making more published here money as you sleep today.