One-third of Americans have started a side hustle. That’s 34% of Americans! If you’re not already in this statistic, then it’s time to start looking into ideas for side hustles.
Here’s the good thing about them. They increase your income without having to clock into another 9-5 job. They give you the freedom to work when you want, and as much as you want.
Plus, if you own a home, you already have the ideal platform for starting several side hustles!
Are you ready to start? Continue reading below for a list of side hustles to make money off of your home.
1. Rent a Room
If you have an extra room in your home, then don’t let it go to waste. Remove all the clutter and boxes of miscellaneous items from the room and place those in storage. Then, clean the room and rent it out for a profit!
The idea is the same as having a roommate to help cover some of the rent and utility costs.
However, if you have an accessory dwelling unit (ADU) on your property, then you can rent this out as well. Then, you won’t have to share your own space with a roommate.
Visit https://www.theswcollective.com/blog/adu-construction-calabasas for more information about ADUs.
2. Rent Out Your Yard
Another aspect of your home that you can rent out is the yard. If you have a large backyard or one with a pool, then prepare for people to pay to rent out the space. Set your hourly rates, take professional photos of your backyard’s amenities, and post your listing on the right apps and websites for these purposes.
People will then see your listing and rent out the space for hosting parties and other events.
3. Rent Out Your Home
Do you travel often? Whether it’s for pleasure or business reasons, leaving your home empty for an extended period of time won’t supplement your income. Instead, rent out your home when you’re away.
You might even make the money back that you spent on your own travel accommodations. There are several apps/websites where homeowners can list their homes for rent for short periods of time (days, weeks, or months). See what other homes in the area are asking for a night to set a fair price.
4. Rent Out Storage Space
Do you have extra storage space in your home? An empty garage or shed are ideal places for people to store their belongings at a discounted rate.
Storage unit prices are determined by the size of the unit and security/weather-controlled details. See what storage units are going for near you and then offer a slightly discounted rate to draw attention and make some cash!
Attention Homeowners: These Ideas for Side Hustles Are for You
If you’re a homeowner, then these ideas for side hustles are right up your alley! Any homeowner can easily create a side hustle when choosing any of these income opportunities listed above. Take your time, do your research, and always make safety a priority.
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