How to Earn Money Renting Out Storage Space 🥳
Turn unused space in your home or garage into a money-making opportunity by renting it out for storage. Platforms like Neighbor allow you to connect with people who need affordable, secure storage options for items like furniture or seasonal gear.
Potential Earnings:
$50–$500/month, depending on space size.
Required Skills:
Organization and basic property management.
Steps to Follow:
- Step 1: Clean and prepare your storage space to make it appealing and secure.
- Step 2: List your space on platforms like Neighbor or Facebook Marketplace.
- Step 3: Set competitive pricing based on location and size.
- Step 4: Screen renters and clarify terms, such as access hours and prohibited items.
- Step 5: Sign agreements to protect both parties.
- Step 6: Maintain the space and handle renter inquiries promptly.
- Step 7: Scale by renting additional spaces, such as unused sheds or storage units.
Time Commitment:
Minimal once set up.