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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 photos

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

If you're a bit techie and can produce some unique ideas for mobile programs, or improve upon an existing program which will help people make their lives simpler, you may land yourself a fantastic source of passive income.

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Every program on your phone is making money for someone, somewhere. For instance, Joel Comm created over $1Million from his iFart program.

As these are the exceptions, there are plenty of people making thousands of dollars each month using their mobile programs.

How would you like 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 couple of hundred dollars each month simply by driving your car around town.

Check out Wrapify to determine 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 allow you to operate from anywhere. Starting one from scratch can take a whole lot of time and tools. Why not consider buying an already established online business Sites like Biz Buy Sell have hundreds of online business listings that are for sale 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 produce passive income, youll need to hire someone to run the business.

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

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The reason you would want to purchase an existing laundromat is the startup costs are fairly large. Commercial washers and dryers are not affordable. It makes far more financial sense to purchase 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 the usa. Nonetheless batting cages are hard to come by depending on your geographical area.

Something to be aware of, though, is that these can require a great deal of money up front. You will need to have a big facility, equipment, and someone to run the cage.

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So make 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 products even with no prior design skills. Sites like Redbubble permit 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 of the production and shipping of products.

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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 those 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 come with little to no risk. This helps Recommended Reading ensure a good income source on a regular basis.

Thousands of people every day are looking to rent any range of items. Craigslist can be a great place to advertise your items for rent. Here are some thoughts of products You Could rent out:

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Just make sure 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 speech from renters.

This can allow you to guard the home youre renting out. For additional peace of mind, consider requesting a safety deposit as well.

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As you can see there are a ton of ways which 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 the traditional means of making money, implement a few of the passive income strategies above so you can begin working less and making more money while you sleep now.

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