How to Turn Your Extra Space into Passive Income
You've got an extra room, unused basement, or even a parking spot just lying around? This is wasted square footage that could be your silver bullet to generating passive income! Living in the sharing economy today provides ways in which you can put underutilized space into action and get this steady stream of income without the requirement of showing up every day. Let's explore the way to utilize it with Real Estate Dekho . Creative Ways of Making Money off the Extra Space · Rent out a Room: In this modern digital era, consider profiting from your extra guest room by hosting guests and profit off it through room-sharing platforms such as Airbnb. This can be perfect for short-term letting or even medium-term rentals always targeting young professionals or students. · Storage Solutions: Have a dry and clean basement or garage? Let it transform into self-storage. People will log the excess space for seasonal items, and hobbies—there are even those holding on to items for peopl