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

Another key to vending machine success Request those workers what things they would rather have in the vending machine and then stock accordingly. Once again, if you want to reduce the amount of time which you're involved, consider hiring someone to inventory the machines for you.

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

In that case, check out a site like Shutterstock.  You send your photos to Shutterstock and if they are approved, every time one of Shutterstocks clients downloads one of your photos youll receive a paid a royalty.

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

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

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

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

Check out Wrapify to see 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 most will allow 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 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's 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.

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

The reason you would want to purchase an existing laundromat is that the startup costs are pretty 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.

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I'm shocked by the lack of batting cage facilities. Baseball is one of the most well-known sports for kids in America. Nonetheless batting cages are tough to come by depending on where you live.

Something to be aware of, though, is that these can need a good deal of money up front. You'll have to have a big facility, equipment, and someone to run the crate.

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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 may 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 abilities. Websites such as Redbubble allow you to upload your witty design ideas and useful content then create 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 the production and shipping of merchandise.

Bond and CD laddering involves owning several 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.

Though many CDs and bonds may not earn as much return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no risk. This helps ensure a solid income source on a regular basis.

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

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