What Can I Rent out for Extra Cash?

Don’t overlook that spare storage space or empty car spot. If your brand-new skis are collecting dust, rent them out! There are always ways to make money renting something out to somebody in need. Be proactive and make some extra cash on the side. Here’s what you can rent out for extra cash.

Rent out a room

If you are lucky enough to have an extra room at your place, rent it out! Sites like Airbnb are very easy to use. You can simply sign up, take a picture of your space and start earning. Backpackers or travellers on a budget will jump at the opportunity to get some cheap accommodation! You can meet new people and make some money at the same time.

The best part is, you don’t have to deal with any of the financial aspects. The money will go straight into your account.

Rent out storage

Like a room, you can rent out other space in your home. This could be anything from an unused garage or carport, to storage space in your basement. People are always looking to store items they can’t fit in their home. It could be a safe place to park their car when they go on holiday. Alternatively, a business might need storage for important documents they can’t keep onsite.

Boats, furniture, clothes and many more items can all be stored for a discounted price. You just list your storage space, and others can reserve it and start moving in their goods. You can make money for doing very little work.

Renting out Your Car

Some people won’t use their car throughout the week. Others will go away for extended periods of time and leave their car sitting in the driveway. Why not make some money and rent it out?

If you hardly use your car, you should jump at this opportunity.

Renting a car from big name brands like Hertz or Avis can be an expensive ordeal. People are looking towards sites like Car Next Door to get a cheaper alternative.

You go online, list your car, set the hourly rates and start earning! You can list any car, van, truck or bike. If you prefer not to leave your car in the hands of a renter, try a service like Uber. You can rent out the use of your car while you remain behind the wheel.

Sports equipment

The excitement of finding a new hobby is often so overwhelming that we go out and purchase all the latest and greatest gear. Most of the time we spend a lot of money on this equipment.

Through Spinlister, you can lease out any sports equipment, from snowboards to bicycles. It costs nothing, and they offer insurance for up to $5000 for some equipment. This insurance covers theft and damage, so your expensive gear will be safe no matter what.

Turn Your Unused Office Space into Cash

Jet-setting around the globe is standard for some professions. Sitting in a hotel room trying to get work done can be difficult. Often people will look for a better place to work.

If you have a spare desk at the office, it's an excellent idea to fill it with a paying customer. Rubberdesk is a platform where you can list an extra desk out for the day. They can just bring their laptop along and get to work. If you are away for an extended period, that works too. You can rent out a desk for months at a time.

Rent out Your Time & Expertise

There are always people willing to pay others to get a job done. This could be washing a car or helping move to a new house. If you want some extra cash, rent out your time or expertise in a certain field.

Doing random chores for people is a good way of get rid of that debt or pay off the car.

Airtasker is a great site where you can bid for other people’s tasks. There is a broad range of tasks to bid on. Obviously, the site takes a small portion of the payment, but it’s an excellent way to earn extra money.

Freelancer is like Airtasker but involves more technical skilled work such as web design or coding. This allows you to stay in the comfort of your home a be paid to do work. You will be rated and judged on the work you do, so there is no point lying about skills you don’t possess.

Often, once you list the item, you don’t have to do anything else but see the money come in. Take the leap and start earning right now!

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