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

Another key to vending machine success Ask those employees what things they prefer to possess in the vending machine and then inventory accordingly. Once again, if you want to reduce the amount of time that you are involved, consider hiring someone to stock 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 photographs

In that case, take a look at a website like Shutterstock.  You send your photos to Shutterstock and if they're approved, each time one of Shutterstocks clients downloads one of your photographs youll get a paid a royalty.

If you are a bit techie and can come up with a few unique tips for mobile programs, or improve upon an existing app that will help individuals make their lives better, you might land yourself a fantastic source of passive income.

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

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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 make 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 determine how you might be able to make passive income by simply 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 good deal 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 that are available in varying price ranges. .

Check to find out whether 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 employ 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 buy an existing laundromat is that the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes a lot more financial sense to buy 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 well-known sports for kids in the usa. Yet batting cages are hard to come by depending on where you live.

Something to know about, however, is that these can need a good deal of money up front. You will have to have a significant centre, equipment, and someone to run the cage.

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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 choice.

Another way you can make passive income is see it here 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 make t-shirts, coffee mugs, laptop covers, etc..

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

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 these investments as cash income during the year.

Although 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 danger. This helps ensure a solid income source on a regular basis.

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