{"id":21092,"date":"2024-02-09T17:15:39","date_gmt":"2024-02-09T17:15:39","guid":{"rendered":"https:\/\/www.webmonkey.com\/how-to-make-money-from-a-spare-room-8-best-ideas\/"},"modified":"2024-05-24T19:48:38","modified_gmt":"2024-05-24T19:48:38","slug":"make-money-from-spare-room","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/make-money-from-spare-room\/","title":{"rendered":"How To Make Money From A Spare Room – 8 Best Ideas!"},"content":{"rendered":"
If you look up the best passive income ideas<\/a>, you usually find ideas that require starting capital.<\/p>\n For example, popular strategies include investing in dividend-paying stocks or starting some sort of online business.<\/p>\n And, while these ideas are legit ways to diversify your income<\/a>, sometimes, you don't have a lot of starting cash to leverage.<\/p>\n Thankfully, there are numerous ways to make money with a spare room,<\/strong> letting you turn empty space into a new income stream.<\/p>\n If you're looking for ways to make money from your spare room, this is absolutely the guide for you.<\/p>\n Let's get to it.<\/p>\n Looking for other beginner-friendly passive income ideas? Checkout<\/strong>:<\/p>\n Renting out things for cash<\/a> isn't a new concept. In fact, companies like Airbnb have let people do this with their homes for years at this point.<\/p>\n The variety of options out there is great news for side hustlers<\/a> however. Ultimately, if you want to make money renting out unused space, there are more options to do so than ever before!<\/p>\n One of the easiest ways to make money with a spare room is to use Neighbor <\/strong>to rent out the extra space to people.<\/p>\n Neighbor is basically like Airbnb but for storage space. And it's an excellent passive income side hustle<\/a> if you have some extra space in your house or on your property that you're not using.<\/strong><\/p>\n <\/strong><\/p>\n As a Neighbor host, you can make money renting out unused spaces like:<\/p>\n You get to set your own rental rates as a Neighbor host. Furthermore, you create rules for when renters can come and access their belongings which prevents people from dropping by too often or at weird times.<\/p>\n Becoming a Neighbor host is free, and you get paid monthly from the people who rent your spare storage space.<\/p>\n To make money, Neighbor takes 4.9% plus $0.30 for every transaction, but you're still making free money<\/a> at the end of the day as a host.<\/p>\n Many Neighbor listings charge around $20 to $100+ per month, and if you live in a large city, it's definitely easier to find customers<\/strong>.<\/p>\n <\/p>\n Overall, Neighbor is definitely one of the best ways to make money renting spare rooms or other storage space, especially because it's free.<\/p>\n Become a Neighbor host today<\/strong> or read my complete Neighbor review<\/a> for all the details.<\/p>\n Another straightforward option to make money with a spare room is to rent it out to other people<\/strong>.<\/p>\n\n
How To Make Money From A Spare Room<\/strong><\/h2>\n
1. Rent Out Spare Room With Neighbor<\/strong><\/h3>\n
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2. Make Money Renting Rooms<\/strong><\/h3>\n