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If so, check out a website like Shutterstock.  You send your photographs to Shutterstock and if they are approved, every time one of Shutterstocks clients downloads one of your photos youll get a paid a royalty.

If you're a bit techie and can come up with some unique tips for mobile programs, or improve upon an existing program which will help individuals make their lives simpler, you might 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 made over $1Million from his iFart program.

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

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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 by simply driving your vehicle around town.

Check out Wrapify to see how you might be able to make passive income by wrapping your car with an advertisement.

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The beauty of an online business is that the majority will enable you to work from anywhere. Starting one from scratch can take a good deal of time and resources. Why not consider buying an already established online business Websites like Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

Check to see whether there's 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 available for sale.

The reason you would want to buy an existing laundromat is that the startup costs are fairly high. Commercial washers and dryers are not cheap. It makes a lot more financial sense to buy an already established laundromat than to start from scratch.

I'm shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for kids in the usa. Nonetheless batting cages are hard to come by depending on your geographical area.

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

So make certain to 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.

Another way you can make passive income is by designing t-shirts and other products even with no prior design abilities. Sites 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 visit the website and check out your products. When they purchase one of your designs, Redbubble will pay you a portion of the gains. They handle all 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 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 Home Page risk. This can help ensure a solid 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 great place to promote your items for rent. Here are some ideas of products You Could rent out:

Just make sure that 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 allow you to protect 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. With luck, this list has helped you narrow down which source of income is best for you.

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If youre tired of the traditional way of making money, implement some of the passive income approaches above so you can start working and making more money as you sleep now.