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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, take a look at a site like Shutterstock.  You send your photographs to Shutterstock and if they are accepted, every 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 a few unique ideas for mobile programs, or improve upon an existing program that will help people make their lives simpler, you may 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 created over $1Million from his iFart app.

While these are the exceptions, there are plenty of people making thousands of dollars each 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 put advertisements on your car windows, you can earn a couple of hundred dollars each month by simply driving your car around town.

Check out Wrapify to see how you could 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 permit you to work from anywhere. Starting one from scratch can take a lot of time and tools. Why not consider buying an already established online business Sites such as Biz Buy Sell have hundreds of online business listings which are available in varying price ranges. .

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

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The reason why you would want to buy an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes far more financial sense to purchase an already established laundromat than to start from over here scratch.

I am shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for children in America. Yet batting cages are hard 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 have to have a big centre, equipment, and someone to run the cage.

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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 option.

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

Shoppers then stop by the site and take a look at your products. When they purchase one of the designs, Redbubble will pay you a portion of the gains. They handle all the production and shipping of merchandise.

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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 those investments as cash income during the year.

Although many CDs and bonds might not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no danger. This can help 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 promote 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 proper rental agreement signed by both parties. Additionally, get paid in money beforehand, and find a current photo ID and secondary evidence of speech from renters.

This can allow you to protect 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 make passive income. Hopefully, this list has helped you narrow down which source of income is best for you.

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So if youre tired of this traditional way of making money, implement a few of the passive income strategies above so that you can start working less and making more money while you sleep now.

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