Spark

How to Earn More Money From Your Home

Earning money from your home is an excellent way to bring in extra cash without much labor, all you have to do is set things up and maintain a high-standard or service. When the online reviews start coming in you won’t have any shortage of customers wanting to hire your services. 

Sell Second Hand

If you’ve got clutter in your home, or a wardrobe full of clothing items you hardly ever wear, it could be time to clear things up a bit and earn money in the process. Selling minimally used items on eBay is simple and straightforward, all you need in a seller’s account and a phone. 

Don’t let the selling stop when you’ve offloaded a lot of your old stuff, next turn your attention to helping other people sell theirs. If you’ve already sold things on eBay you should have some decent reviews by now that will help, source other things to sell, and charge a small commission.   

AirBnB

We’ve all had the experience of going on a city break and using an Airbnb service, it’s super convenient and affordable. You can also rely on the quality of the rooms because you know what to expect thanks to the website’s policy and plenty of communication with the owner. 

If you want your home to earn some extra money for you and help you with an annual holiday or to pay the mortgage off sooner, it might be time to consider renting out a room of your own as an Airbnb. Again, the website is very easy to navigate and set yourself up as an Airbnb host.  

Solar Panel Installation

Energy prices are on the rise and more homeowners are looking for ways to save and profit. One strategy is to reduce your home’s energy consumption, turn off all your stand-by devices and make sure you’re on the best energy plan for your needs. Also, consider solar panel installs. 

Solar panels offer the best of both worlds, not only do they support your energy usage by providing free energy to your home, any excess energy you have can be sold back to the grid and turned into profit. For more information contact Solarise Solar for a quote and installation. 

Rental Ideas

Turning a room into an Airbnb is one thing but what about other rental ideas? Most homes have a garage, a driveway, a loft, and even a spare car that can be rented out to tourists. Some garage or loft space also provides an opportunity to lease storage space for some extra cash

If you want to earn money from your home and pay the mortgage off sooner, rental ideas make excellent opportunities. If you have some garage space you can lease it for $100 per month with a deposit, and private car rental on Turo has even better rates. Why not combine earning ideas?  

Equity Release

Equity release is an excellent way to free up cash from your home if you’re over fifty-five years old and your property has appreciated in value over the years. The money you get from an equity release can be a lump sum or released over several years, these payments are tax-free. 

Why not make your house work harder and provide a better standard of living for your family or the chance to travel the world. Many people in this situation also use equity release to support a house purchase for their children who might be struggling to build up a reasonable deposit. 

International Students

The cost of living is high and students can’t always afford the premium rates at official student accommodation. Thankfully there are other options for them to study in a local area without increasing their debt levels. One such solution is to rent a room in a suburban home nearby. 

This is where you come in. Why not offer a spare room to an international student studying at the local university, not only can they create a comfortable student life for themselves that supports their future, but you can earn some extra cash each semester, it’s a win-win situation.  

Filming Locations

One of the more unusual ways to earn money from your home is to lease it to film and TV studios so they can use them as a set. If you don’t mind seeing your home on the television, in movies, or in the covers of magazines, this idea can be an enjoyable and lucrative proposition.  

When it comes to the world of entertainment everything runs through an agent or agency, renting your home as a film location is no different. If you want to try this contact a “location agency” and register with them. They will check if your property is suitable as a film set.   

Cher

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