With spring on the way and people’s tax returns burning a hole in their pockets, outdoor hobbyists are starting to anticipate that luxurious stretch of warm weather coming up on the calendar. Kayaks, boats, jet skis, and camping equipment sales are about to hit their peak. Those consumers are going to need a place to store all of those space-hog purchases. Not to mention people are getting to ready to pack up and store their large winter toys like snowmobiles, ice fishing equipment, and shelters.
The point is: People have a lot of stuff and not enough places to put them. Did you know you could rent your garage to help others and earn extra income at the same time?
Why not turn your spring cleaning ritual into a money making project this year? While you’re sweeping away cobwebs and packing winter items away, take a look around for extra or unneeded space that someone could rent.
Outdoorsy people love their hobbies, but hobbies require a of equipment which need a lot of room to properly store them. Unfortunately many hobbyists don’t have large enough, location convenient, or secure storage space available. Fortunately for you, they are willing to pay you for yours.
If you enjoy helping others and want make some extra income while doing it, here are a few ideas to get you started:
Rent out your garage or storage shed
A detached garage is ideal, but any covered or enclosed space with secure locks are appealing to people looking for lock up garages to rent. A clean and secure enclosure where people will feel safe to keep their possessions can be more profitable that you might expect. If you are planning on giving your garage a good spring cleaning treatment this year anyway, consider all the available space you have in there. Do you need all that space? Or has the garage became a catch-all room designated to hide things you don’t really need or even want? Consider sorting through everything in there. Have a garage sale or donate unnecessary items to charity. Could you possibly remove what’s left and store it somewhere else? Once the space is cleared, and you’ve rented it out, maintenance on these structures for you as a landlord is very little effort.
Rent out space in driveway or backyard
Take advantage of the current peer to peer network business trends and rent your driveway. If you have a big property or yard you can rent part of that as well. Boats, trailers, RV’s, All-Terrain vehicles—people love their big recreational toys. A lot of condo and apartment dwellers simply don’t have anywhere to park them, or don’t want to pay the exorbitant prices of commercial storage facilities. Your little bit of extra space could be just what they looking for, and they are willing to pay a reasonable price for it.
Rent out your basement or spare room
Not everything requires a ton of space to store. Fishing poles and tackle, snow skis and snow shoes, hiking equipment and tents need space too! People have an endless supply of stuff in all sorts of sizes and less and less places to keep them. Your rarely used spare bedroom or basement might be the perfect solution to one of your neighbors’ storage problems.
Use your location to your advantage
If you live in the city, commuters are always looking for convenient parking for their vehicle or bike. By renting your space out, you would doing them a favor while providing a much needed service for the city. Do you live by a lake, state park, or popular vacation spot? You might want to rent space to out-of-towners that would rather keep their boats and trailers near the recreation source rather than tow them hundreds of gas-guzzling miles to get there.
When your spring cleaning is finished, instead of filling it with more things, consider renting the space out. It doesn’t have to be a long term commitment. You can rent the space out for as long as you’re willing to part with it; for the week, the month, the season, or the year.
Currently, there is a big demand for extra storage. You don’t have to own a large storage facility to take advantage of this demand. Your shed out back, that basement downstairs, or your newly cleaned out garage— you can rent out property and structures to someone who needs them and bring in some extra cash for bill payment with surprisingly little effort on your part.