9 ways to earn extra income with your home
Between mortgage costs and the hidden costs of home ownership, we spend a ton of money on our homes.
But what if your home could give back a little? It is possible to make your home work for you, generating additional income and offsetting some of the costs associated with it.
Here are some examples of ways you can make money with your home.
1. Rent a room to travelers
Make a room in your home available to people passing through your area.
List an empty room on a site like Airbnb or Vrbo can provide you with additional money. In addition, you have the flexibility: you can decide the dates to open your house to others.
A reputable site like Airbnb reviews its travelers and offers insurance to protect you.
2. Sell your clutter
Sometimes it’s all about cleaning up the clutter, and your property can help here as well.
Use your property to hold a garage sale to make money selling things you don’t want anymore. For tips, check out “15 Tips for a Super Profitable Garage Sale.”
Another option? Sell ââyour unwanted items online. In â6 Ways to Safely Sell Your Clutter,â we show you how to do this without having to risk meeting the buyer in person, like you would when selling on Craigslist or OfferUp.
3. Sit down for pets
Interested in making some furry friends? Use your house to keep your dog or even to board your dog.
Many pet owners don’t like leaving their critters alone on weekends or even during the day when they’re at work.
If you have a flexible schedule and can accept four-legged family members into your home, check out Rover, a site that can connect you with people in need of a pet sitter where you live. .
4. Rent a “granny pod”
Are you uncomfortable with a stranger inside your house? Add one little “granny pod” to your property and rent it out. A granny pod is a small, usually prefabricated house that can be set up in a corner of your garden.
Another version of this is the cottage. As long as you follow local regulations, you can rent these homes to a permanent tenant or even use one as an Airbnb rental.
5. Rent your land
If you don’t want to pay the upfront cost of a small unit to put on your property, consider renting out your land for someone else’s small house.
List your available space on a site like Try it very small, and you could earn a little extra money when someone parks their little house in your backyard.
6. Store other people’s things
Now that you’ve cleaned up your own clutter, use the extra space to put things that belong to other people.
That’s right, others might be willing to pay you to keep their stuff in your attic, basement, or shed. The sharing economy makes this possible. Check out websites like Store at home, which connect you with people willing to pay to store their things in your extra space.
7. Rent a parking space
Do you have room to park other people’s cars? If you live where parking is difficult, you can earn money by renting out your unused parking space. SpotHero is a website that allows you to list your space so that it can be found by people desperate for parking spots.
Another option: If you live near an event location, consider offering parking in your driveway (or yard) for attendees. You might be able to make decent money in an evening or in a few days.
8. Make your house a star
Film crews always need adjustments. Wouldn’t it be fun to watch your house take center stage in a show?
Rent your house for the shoot and you might be able to earn a few extra bucks. Even if your home isn’t ideal for a large Hollywood production, local and regional crews may need locations for small movies, commercials, and more.
Filming locations sought is a website that helps you list your home for movie projects.
9. Rent your pool
You can also make waves and earn money by renting out your pool.
CNBC Reports that once the coronavirus closed public pools, backyard pools have become the new hot spot for those seeking a dip on a hot summer day.
A pool owner who rented his pool – Ned Gilardino from Aurora, Colorado – won $ 50,000 last summer.
Plot ? To verify To swim, which connects pool tenants and pool owners.
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