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

If you are a bit techie and can come up with a few unique ideas for mobile apps, or improve upon an existing app which will help people make their lives better, you may 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.

As 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 prefer 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 car around town.

Check out Wrapify to see how you could be able to make 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 enable 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 Websites like Biz Buy Sell have hundreds of online business listings which are for sale in varying price ranges. .

Check to see if there is an online business for sale that's in line with your passions or hobbies. Again, in order for this notion to produce 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 that are offered for sale.

The reason why you would want to buy an existing laundromat is that the startup costs are fairly large. Commercial washers and dryers are not affordable. It makes far more financial sense to buy 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 well-known sports for children in America. Nonetheless 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 need a lot of money up front. You will have to have a significant 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 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. Sites 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 stop by the website and check out your products. When they purchase one of your designs, Redbubble will pay you a portion of the profits. They handle all of the production and shipping of merchandise.

Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Each 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 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 danger. This helps 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 advertise your items for rent. Here are some ideas 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 get 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 click this link a safety deposit as well.

As you can see there are a ton of ways which you official website 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 a few of the this passive income strategies above so you can start working and making more money as you sleep today.