If you want to earn some extra money, you don’t always have to work harder or grow your business. In fact, if you own your own home, you can make it work for you so that you barely even have to lift a finger. Sound too good to be true? It isn’t…
Rent A Room
If you have a spare room in your home and you don’t mind sharing with a roommate, you could make hundreds of dollars every month by renting it out. If you don’t want to have someone living with your and your family on a permanent basis, then you could consider putting it up on Airbnb or similar, to make a few bucks from the occasional guest, or even renting it out only when you and your family are yourself on vacation to recoup some of the costs of your break!
Sell Your Solar Power
If you want to save money on your utility bills and eventually start making money from your home, then get in touch with local solar companies. Why? Because when you have solar panels installed in your home, not only can you start to generate your own power, which is definitely a boon for your bank account, but also because, if you generate more power than you use with your solar panels, you can actually sell it back to the utility company for a tidy profit. This is, of course, a plan that requires a little upfront investment, but you will recoup your costs and more in a relatively short time if you live in a particularly sunny place.
Rent Your Driveway
If you have a driveway and you do not require its use, for example, during the day when you’re at work. But your property is in a prime location; you could make hundreds, even thousands of dollars each year by renting it out to people who are sick and tired of not being able to find a space when they need one. You’ll help them out by ensuring they always have a safe spot to park and you’ll add to your bank balance!
Let It Be A Set
Filmmakers are always looking for interesting locations to film their movies, and you could earn a pretty penny by offering them your home as the place to shoot their scenes. On average, you can expect to earn $1,500 per day if they use your home for exterior shots and $2,000 per day if they shoot inside. They’ll also pay $500 per day for prep scenes, which means you could really make a bundle. Of course, there’s no guarantee that your home will ever be chosen for silver screen immortality, but it’s always worth a try.Put your home out there and see what happens!
Rent Your Stuff
The sharing economy is starting to become more popular, and that means you could make a few dollars a time by renting out your power tools, lawn mower, Kitchenaid or whatever other sought-after appliances you may have in your home right now.
You’ve invested a lot in your home, so why not use some of these ideas to let it pay you back?