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If so, take a look at a website like Shutterstock.  You send your photos to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photographs youll receive a paid a royalty.

If you're a bit techie and can come up with a few unique tips for mobile apps, or improve upon an existing program that will help individuals make their lives simpler, you might 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.

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

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How would you like 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 car around town.

Check out Wrapify to determine how you might be able to produce 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 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 such as Biz Buy Sell have hundreds of online business listings which are for sale in varying price ranges. .

Check to find out if 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 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 buy an existing laundromat is the startup costs are pretty large. Commercial washers and dryers are not affordable. It makes a lot more financial sense to buy an already established laundromat than to begin 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. Nonetheless batting cages are hard to come by depending on your geographical area.

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Something to be aware of, though, is that these can need web a great deal of money up front. You'll need to have a significant centre, 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 products even with no prior design skills. Websites such as Redbubble permit you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

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Shoppers then stop by the website and take a look at your products. When they purchase one of the designs, Redbubble will pay you a portion of the gains. They handle Web Site all the production and shipping of products.

Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Each one develops at different times during the year. Then you simply take the profits from these investments address as cash income during the year.

Although many CDs and bonds may 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 can help ensure a good income source on a regular basis.

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Thousands of people daily are looking to rent any range 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. Additionally, get paid in cash beforehand, and find 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 earn passive income. With luck, this list has helped you narrow down which source of income is best for you.

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So if youre tired of this traditional means of making money, implement some of the passive income approaches above so that you can begin working less and making more money as you sleep now.