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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 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 employees 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 which you're involved, consider hiring someone to stock the machines to you.

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

In that case, check out a website like Shutterstock.  You send your photographs to Shutterstock and if they are accepted, each time one of Shutterstocks clients downloads one of your photos youll get a paid a royalty.

If you are a bit techie and can produce a few unique tips for mobile programs, or improve upon an existing program that will help people make their lives simpler, you may land yourself a great 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 program.

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

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 simply by driving your vehicle around town.

Check out Wrapify to determine how you could have the ability 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 allow you to work 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 which are available in varying price ranges. .

Check to see whether there is 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 created laundromats that are available for sale.

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

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

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

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So be certain that you 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 choice.

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

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Shoppers then visit the website and check out your products. When they buy go to this website 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 many different bonds and/or Certificates of Deposit. Every 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 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 good income supply 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 dig this your items for rent. Here are some ideas of products that you could rent out: