For nearly seven years, as founder, CEO and editor of Side houseI dedicated my time to researching and reviewing platforms that aim to help people make some extra money. A common question I get asked is: “How can I convert what I already have into… Side hustle?”
If you find that you are house rich but cash poor, for example, there are actually a number of ways in which you can use your home Make some passive income -And you don't need a roommate to do this.
After sifting through more than 500 online platforms, I found that many of them allow you to monetize your space by renting out parts of it for a specific purpose, like storage.
The best part is that this residential crowd exists Sidecars are low maintenance Which does not require much time or effort on your part. Here's my best advice if you want to transform your home into a potential space Profitable side hustles.
Don't miss: The ultimate guide to earning passive income online
1. Rent storage space
Some sites, incl neighbor and Stacilet people with empty space rent it out for storage. This could be part of An attic or basement, empty space in your garage, a room, a closet – even the space under your bed.
All you have to do is measure the dimensions of your empty space, take some photos, and come up with a fair price to rent it. Most peer-to-peer storage rental sites will provide guidance on average prices in your area. The price you charge is ultimately up to you.
You can set restrictions. Most storage companies, including these pallets, store weapons or anything dangerous, as well as any items of great value such as artwork, cash, securities, and jewelry, for example. You can limit the number of times customers can access their merchandise and require them to call in advance.
2. Make the yard a dog park
A site called Smell point connects People with fence yards With pet owners who want a quiet place to play.
Homeowners set their own rates, usually between $10 and $25 per hour per animal. They determine whether amenities, such as tennis balls and benches, will be offered for pet owners to sit on.
All you have to do is post a profile, set your rates, and leave the portal open. The site offers $1 million in protection for hosts, as well as limited damage coverage.
3. Walk around your pool
Got a swimming pool? They can also be rented by the hour through a website called Swimbly.
All you have to do is post a profile, set prices, take photos, and tell potential visitors what they have access to besides your pool and deck. For example, is there a toilet or changing area they can use? Does the pool area have BBQ facilities available for guests?
Although these additional amenities are not a requirement to list your pool, you will likely get more bookings with this type of additional amenities.
Notably, Swimply also automatically provides liability and some damage coverage to protect hosts.
4. Invite film crews and photographers
Several sites – incl Jigster, amazing and Peer space – Specializes in finding unique places for photography, photo shoots and events We encourage you to list your home for rent by the hour. A home that can rent for $100 per night on Airbnb can rent for $100 per hour here.
Renters are expected to leave the property in the same condition they found it in, so there is generally no need to add a cleaning fee. However, you are allowed to add additional fees (such as a site representative fee or cleaning fee), if you wish.
You need to decide what types of events you want to host, whether renters will have access to the entire house or only parts of it, and the maximum number of people allowed.
You can also set your own rates and set terms, like whether the renter needs to purchase event insurance to host a party at your venue, which I highly recommend.
You can also set minimum rental periods, for example, four hours. This way you'll know that whenever you get a booking, you'll earn enough to make it worth your time.
Kathy Kristof He is a founder SideHusl.comthe web's most comprehensive guide to side hustle platforms.
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