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But whether you use them or not, theyre still a part of the monthly mortgage payment.

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Its one of the easiest ways to make money from your property.

That way, you keep your privacy while benefiting from the additional income.

Potential renters may be willing to pay more, too.

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But you dont need to own a storage company to reap financial rewards from anempty garage or basement.

Measure how much space you have available to rent and list it on an app like Neighbor or SpareFoot.

Both sites connect people looking for available space with sellers that offer it.

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Best of all youre not locked into alongtime storage contract.

If you move or need to reclaim your space, you just remove it from the site.

You might be able to charge extra if your space includes amenities such asair conditioning or security features.

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Why not rent it out?

Sites like Neighbor let you do exactly that.

In major cities that lack parking options, your driveway could generate several hundred dollars monthly.

Its a simple way to generate effortless, passive income and fill a community need.

Yard

Take a look at your house from a strangers point of view.

Do you have a beautiful yard with plenty of room?

Alovely swimming pooland fire pit?

Or perhaps you have a large extra room that could easily pull double-duty as a meeting space.

Your home might be a prime locale for someones big party or wedding.

Local companies might use it for a day-long retreat.

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