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If so, check out a site like Shutterstock.  You send your photos to Shutterstock and if they're accepted, every 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 some unique ideas for mobile apps, or improve upon an existing app which will help individuals make their lives simpler, you might land yourself a fantastic source of passive income.

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Every program on your phone is making money for someone, 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 with their mobile programs.

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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 simply by driving your vehicle around town.

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

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The beauty of an online business is that most will enable you to operate from anywhere. Starting one from scratch can take a lot of time and resources. Why not consider buying an already established online business Sites such as Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

Check to see whether there is an online business for sale that is 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 thought. Many cities have created laundromats that are offered for sale.

The reason you would want to buy an existing laundromat is that the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes a lot more financial sense to purchase 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 popular sports for children in America. Yet batting cages are hard to come by depending on where you live.

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Something to be aware of, though, is that these can require a lot of money up front. You'll need to have a big 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 choice.

Another way you can make passive income is read this article by designing t-shirts and other products even with no prior design abilities. Websites like Redbubble allow 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 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 several different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you take the profits from these 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 come with little to no danger. This helps ensure a good 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 advertise your items for rent. Here are some ideas of products that you could this article rent out:

Just make sure that 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 extra peace of mind, consider requesting a security deposit too.

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

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So if youre tired of this 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 while you sleep now.