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

Something to be aware of, though, is that these can need a lot of money up front. You'll need to have a big facility, equipment, and someone to run the cage.

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So be sure 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 option.

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

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

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Bond and CD laddering involves owning a number of 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.

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 can help ensure a good income source 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 thoughts of products that you could rent out:

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

This can help you to guard the property youre renting out. For additional peace of mind, consider requesting a security deposit too.

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As you can see there are a ton of ways which you can earn 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 this traditional means of making money, implement some of the passive income approaches above so you can start working less and making more money while you sleep now.

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From the wise notions like an online path to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about nearly every passive income flow there's.

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During this time the one thing I wanted more than anything else, was a big fat epic record of all of the potential passive income streams there were.

Unfortunately no one has even until this afternoon made a complete 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 world wide interwebs!

PS if you want to cut to the chase you can check this get access to 3 of my favorite passive income ideas here or you can check out 30 of my favorite real life passive income businesses here.

Residual Income In Lebanon - Passive Residual Income for Dummies

Ie first you need to haul ass and do something crazy, eg compose a quality 20,000 word ebook (insanely not passive hahahah), but then you get to sit back and enjoy seeing PayPal sale messages pop up on your own iPhone every morning as sale after sale after sale is madeon an ongoing basis and without any additional work.

As you can observe passive income flows simply come from resources, and assets are either bought with money (eg rental property) or even in the case of almost all of the ideas below, bought through perspiration (eg ebook)!