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A successful vending machine business can be a great way to produce passive income. The key is to find the ideal areas to install your vending machines. Check with smaller brick and mortar businesses. Contact those that have over 100 employees in the building on a daily basis, and see whether they need vending machines. .

Another key to vending machine achievement Request those workers what items they would rather have in the vending machine and then inventory accordingly. Once again, if you want to decrease the amount of time that you are involved, consider hiring someone to inventory the machines for you.

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

In that case, take a look at a website like Shutterstock.  You send your photographs 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 are a bit techie and can come up with some unique ideas for mobile programs, or improve upon an existing program that will help individuals make their lives simpler, you might land yourself a fantastic source of passive income.

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

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While these are the exceptions, there are plenty of people making thousands of dollars per month with 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 see 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 most will permit 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 available in varying price ranges. .

Check to find out if there's an online business for sale that's in line with your passions or hobbies. Again, in order for this notion to make passive income, youll need to hire someone to run navigate to these guys the business.

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

The reason you would want to buy an existing laundromat is that the startup read costs are fairly large. Commercial washers and dryers are not affordable. It makes a lot more financial sense to purchase an already established laundromat than to begin from scratch.

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I am shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in America. Yet batting cages are tough to come by depending on your geographical area.

Something to know about, though, is that these can need a lot of money up front. You will have to have a significant facility, equipment, and someone to run the crate.

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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 products Home Page even with no prior design skills. Sites such as Redbubble permit you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

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Shoppers then stop by the site and take a look at your products. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all 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 simply take the profits from those investments as cash income during the year.

Although 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 risk. This helps ensure a good income source on a regular basis.

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Thousands of people daily 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: