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The reason you would want to buy an existing laundromat is the startup costs are fairly large. Commercial washers and dryers are not affordable. It makes a lot more financial sense to purchase 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 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 lot of money up front. You will have to have a significant facility, equipment, and someone to run the cage.

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So be 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 choice.

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Another way you can make passive income is by designing t-shirts and other products even with no previous design abilities. Websites like Redbubble allow you to upload your witty design ideas and then create t-shirts, coffee mugs, notebook covers, etc..

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

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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 of a return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no danger. 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 great place to promote 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 money beforehand, and find a current photo ID and secondary evidence of address from renters.

This will help you to protect the home youre renting out. For extra 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 go can make passive income. With luck, this record has helped you narrow down which source of income is most effective for you.

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 and making more money while you sleep today.

**The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offeringnonetheless, if an indication of interest is provided, it might be withdrawn or revoked, without obligation or commitment of any kind before being approved 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. .

From the smart ideas like an online course to the dress-me-in-the-white-jacket ideas like writing posts for adsense, Ive thought about nearly every passive income stream there is.

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During this period the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income flows there were.

Unfortunately no one has even till this afternoon made an entire list. I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my head, my notes and the net interwebs!

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PS if you want to cut to the chase you can get access to 3 of my preferred passive income thoughts right here or you can check out 30 of my beloved real life passive income businesses here.

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Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word blossom (insanely not passive hahahah), but then you have to sit back and view 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.

As you can see passive income flows simply come out of assets, and assets are either bought with money (eg rental property) or in the event of most of the ideas under, bought through perspiration (eg ebook)!

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