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Top Tips For Making Money With Unused Space

 

BIG WHITE SKI RESORT, BRITISH COLUMBIA, CANADA : Ski resort in winter day. Buildings and snow mountains covered with snow and icicles.

I know that I’m not the only one who has a basement or attic filled with things that I never use. And my guess is that you don’t have time to go through everything and find things that can be sold or rented out, right?

Well, good news! You don’t have to do all that work yourself. In this post, we’ll show you some simple ways to make money with unused space in your home so you can get rid of those old items and free up some space for other things. Let’s dive in!

If it’s safe, rent out your driveway

You can rent out your driveway to people who need to park their cars. This is a popular option amongst those who travel daily for work but don’t want to waste time in the morning battling for on-street parking. You probably know that Melbourne parking is hard to come by, so you could make a nice profit if your space is in a desirable location with a high demand for safe and secure parking.

You can also rent out your driveway to people who need space for recreational vehicles, such as a camper or boat trailer that won’t fit in the garage or driveway at home but could use some extra room in yours!

List your spare room on Airbnb

Airbnb is one of the best ways to make money from unused space. You can set your own prices, decide how much information you want to share about yourself and (best of all) list your space for free! There are many reasons why renting your space on Airbnb could be a good idea. First of all, it’s a great way to meet people who are visiting the area; you could meet people from all over the world without leaving home!

One other benefit would be that you get paid while helping others enjoy their time in your city. Who better to give them tips on what to see and do during their stay than someone like you who has lived here for years?

Have a yard sale

Declutter and sell some of your old items. It’s easier than you think!

If you have items that are in good condition but not quite valuable enough to sell, consider donating them. Donate your clothes, toys and books to charity shops; donate your electronics to a thrift store; or donate furniture and appliances (such as a couch) directly to people who need them through organizations for this purpose.

In addition to donating your old items, there are also several ways you can make money from things that aren’t being used any more. Sell them on eBay or Craigslist; trade in games at GameStop; recycle electronics through companies like Gazelle or NextWorth; or sell used textbooks on Amazon Marketplace.

Rent out your house for film or photo shoots

If you have a home that is filled with light, you may want to consider renting out your house for film shoots or photo shoots. If a production company or photographer is interested in renting your property, they will contact you directly and negotiate a rental price. The amount of money you can expect to make varies depending on the size of the shoot, how much time it takes up in your house and how much work it requires from you.

You can find out about upcoming productions by checking local listings online or reading local newspapers. It’s also worth contacting production companies directly using websites such as Production Hub when trying to find film shoots in your area.

If someone does come knocking on your door, then there are some things that will help ensure that all goes smoothly:

  • Have an agreement ready before agreeing on a date for filming so everyone knows what their responsibilities are.

  • Make sure the rental fee covers all necessary expenses such as food and transportation costs while you are away from home.

Host a foreign exchange student

If you have the space and the time, it’s a great way to make money from unused space. Foreign exchange students are often looking for somewhere to stay during their stay in your area. This is a great opportunity to make some extra cash and make new friends!

You’ll help them learn about our culture and practice English – they are sure to enjoy their stay with a local so much more than if they were to stay in a hotel full of other tourists.

Be sure to check with local schools and organizations that help host foreign exchange students before placing an ad on Craigslist or something similar. That way, you’ll know that your potential tenant has been vetted by someone else first.

Offer pet boarding services

If you have a spare room in your house, consider offering pet boarding services to people who live nearby. You can offer pet-sitting services as well, but pet boarding is more lucrative because it requires a larger space for the animals to stay in.

You can get the word out by posting an ad on local social media sites and in the neighborhood, or by asking friends and family if they know anyone who might be interested.

You’ll make great money while spending time with furry friends and getting them out of their cages for a day or two—what could be better than that?

Finally

Now is the time to start thinking about ways that you can monetize your unused space. If you’re not sure where to begin, try renting out your driveway or street parking spot for events, selling some of your unwanted items on Craigslist or eBay, or creating a new business with your unused space. With these tips in mind, there are many ways for individuals and families alike to make money from their unused spaces.

 

Article written by:

Hi, my name is Samantha, Finance Managing Guru by day, Travel Blogging Enthusiast by... well... day too! Haha! Travelling King is the destination hotspot for the wannabe traveller! Showcasing affordable, luxurious getaways for the budget conscious! With the combination of my financial knowledge and travelling experiences I aim to show you, with a little planning, the right budget and a realistic goal you can fulfil your travel fantasies and explore the world whatever your budget or desires may be!