Jonah JacobsHave you ever dreamed of owning properties that you could rent out to other people? It’s a great way to earn passive income when they pay the rent. But to own those properties, you’ll need a ton of cash, which not many people have.
Are houses or apartments the only things you can rent out to others? Not at all, as we’ll show you other items you can rent out as well, many of which you probably have sitting in your house right now.
1. Rent out baby gear you no longer use.
Do you have any of the following collecting dust in your home?
- Toys
- Car seats
- Cribs
- Strollers
- Other baby gear
If so, it may be time to dust them off, as you can rent them out to parents traveling from out of town via a site like BabyQuip.com.
Many traveling families have babies. But instead of bringing bulky baby gear with them, they rent it at low costs through BabyQuip and similar sites. And while it’s nice to serve a purpose to parents who need it, the income you can make via BabyQuip ($600 to $5,000 monthly) is even nicer.
2. Rent out your home for filming purposes.
All of those properties you see in TV, movies, commercials, etc., aren’t owned by the people doing the filming. Instead, they rent them, and you can put your property up for rent on a site like Giggster.
According to statistics, the average Giggster booking brings in just over $2,000, which is a nice chunk of change for very little work.
3. Rent your yard to owners of furry friends.
Some dogs need private spaces to exercise. If their owners don’t have a yard, they now rent them through Sniffspot.com. You don’t need to be home or interact with the pets to earn money here, as all you need to do is rent out your yard for a while to earn over $1,000 per month.
4. Rent out your spare space.
Do you have extra space in your home in the form of a shed, closet, garage, or parking space? Put it on Neighbor.com, and you can make easy passive income.
While many people store their stuff in storage units, some prefer Neighbor.com since it’s more affordable. You can use this to your advantage to pad your income quite quickly.
5. Rent out multiple items.
Have you heard of Ruckify.com? It’s a site where you can rent out almost anything to other people. And if you put in a bit of effort to make multiple listings, you could turn your home into a passive income goldmine.
What can you rent out on Ruckify? Virtually everything, including electronics, clothes, office equipment, tools, video games, and much more.
6. Rent out your garage.
That extra garage space could equal income. Put your garage or driveway up for rent on Air Garage, and you can use that income to help pay your bills.
