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Have you ever wondered how you can make money taking pictures Do you have an eye when it comes to taking good photographs

If so, check out a site like Shutterstock.  You send your photos to Shutterstock and if they're approved, every 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 some unique ideas for mobile apps, or improve upon an existing program which will help individuals make their lives simpler, you might land yourself a fantastic 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 using their mobile apps.

How would you prefer to create money just for driving your car and not have to pick up any passengers By allowing companies to place advertisements on your car windows, you can earn a few hundred dollars each month simply by driving your vehicle around town.

Check out Wrapify to determine how you might be able to produce passive income by 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 whole lot of time and resources. Why not consider buying an already established online business Websites such as Biz Buy Sell have hundreds of online business listings that are available in varying price ranges. .

Check to find out if there is an online business for sale that's in line with your passions or hobbies. Again, in order for this idea to produce passive income, youll need to employ someone to run the business.

Heres another turnkey passive income business idea. Many cities have created laundromats which are offered for sale.

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The reason you would want to purchase an existing laundromat is that the startup costs are pretty large. Commercial washers and dryers are not cheap. It makes far 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 popular sports for kids in America. Yet batting cages are tough to come by depending on your geographical area.

Something to be aware check these guys out of, however, is that these can require a great deal of money up front. You will need to have a significant centre, equipment, and someone to run the cage.

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So be 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 goods even with no prior design abilities. Sites such as Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

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

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Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you 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 come with little to no danger. This can help ensure a solid income source on a regular basis.

Thousands of people daily are looking to rent any range of items. Craigslist can be a great place to advertise your items for rent. Here are some ideas of products that you could rent out:

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Just make sure you have a important site proper rental agreement signed by both parties. Additionally, get paid in money beforehand, and find a current photo ID and secondary proof of address from renters.

This can allow you to protect the property youre renting out. For additional peace of mind, consider requesting a safety deposit too.

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As you can see there are a ton of ways that you can earn passive income. Hopefully, this list has helped you narrow down which source of income is most effective for you.

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If youre tired of this traditional means of making money, implement a few of the passive income strategies above so you can start working less and making more money while you sleep today.

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