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A successful vending machine business can be a excellent way to produce passive income. The secret is to find the ideal places to install your vending machines. Assess with smaller brick and mortar businesses. Contact people 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 workers what things they would rather have in the vending machine and then stock 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 can make money taking photos 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're accepted, every 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 apps, or improve upon an existing app which will help people make their lives simpler, you might land yourself a fantastic source of passive income.

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

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

How would you prefer to make 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 car around town.

Check out Wrapify to determine how you might be able to produce 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 permit you to operate from anywhere. Starting one from scratch can take a good deal of time and resources. 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 if there's an online business for sale that is in line with your passions or hobbies. Again, in order for this idea to make passive income, youll need to hire someone to run the business.

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

The reason you would want to purchase an existing laundromat is the startup costs are pretty high. Commercial washers useful reference and dryers are not cheap. It makes far more financial sense to purchase an already established laundromat than to start 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 kids in America. Nonetheless batting cages are hard to come by depending on where you live.

Something to know about, though, is that these can require a good deal of money up front. You'll have to have a significant centre, 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 goods even with no previous design abilities. Sites such as Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, notebook covers, etc..

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Shoppers then visit the site and check out 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 products.

Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Each one develops 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 might not earn as much go to these guys return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no danger. This can help 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 excellent place to advertise your items for rent. Here are some thoughts of products that you could rent out: