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If so, take a look at a site like Shutterstock.  You send your photographs to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photographs youll get 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 program that will help individuals make their lives better, you may land yourself a great source of passive income.

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

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

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How would you prefer to make 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 couple of hundred dollars each month simply by driving your vehicle around town.

Check out Wrapify to see 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 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 Sites like Biz Buy Sell have hundreds of online business listings which are available in varying price ranges. .

Check to find out if there's an online business for sale that's in line with your passions or hobbies. Again, in order for this notion 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 linked here 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 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 be aware of, however, is that these can need a great deal of money up front. You'll need to have a significant facility, equipment, and someone to run the cage.

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.

Another way you can make passive income is 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 make t-shirts, coffee mugs, notebook covers, etc..

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Shoppers then visit the site and take a look at your products. 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 merchandise.

Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Every 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 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 good income supply on a regular basis.

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

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

This will help you to protect the home youre renting out. For extra peace of mind, consider requesting a security deposit as well.

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 the traditional means of making money, implement a few of the passive income approaches above so that you can start working less and making more money as you sleep now.