After today, I'm going to space these out a little to give you (and me) a little breather). Rent Out Your Space or BelongingsOverview: If you have extra space in your home or unused belongings, you can turn them into a source of easy income. Platforms like Stashbee: A UK-based platform where you can rent out storage space in your home or property. Or, Storemates which is another UK-based option for renting out storage spaces.
I will focus on Stashbee.
These sites allow you to rent out storage space (like a garage, basement, or spare room), and apps like Fat Llama let you rent out items you already own, such as tools, bikes, or cameras.
How It Works: Rent Out Storage Space with Stashbee: What You Need: An empty garage, shed, attic, or spare room.
How to Start: Sign up on https://stashbee.com/ List your available space and describe it (e.g., “Clean garage for storing furniture or boxes”). Set your monthly or even hourly rental price (a good help guide on pricing has useful suggestions).
How You Get Paid: Once someone rents your space, Stashbee handles the payments and deposits money directly into your account on request.
Rent Out Your Items on Fat Llama: What You Can Rent: Common items like bikes, power tools, cameras, camping gear, or even kitchen appliances. How to Start: Sign up on FatLlama.com. List your items with photos and descriptions. Set a rental price (e.g., $15/day for a bike or $30/day for a camera).
How You Get Paid: When someone rents your item, Fat Llama provides insurance to cover damages.
Why It Works: No tech skills required: All you need is an account to list your space or items. No upfront investment: You’re earning money from things you already have. Low effort: Once your listing is live, you only need to coordinate with renters.
Potential Challenges (and Solutions): Trust issues with renters: Platforms like Stashbee and Fat Llama include protections and insurance for damages. Not enough demand: Solution: Take good photos, write clear descriptions, and set competitive prices to attract renters.
Estimated Earnings: Storage Space: £40–£300/month (perhaps more) depending on the size and location of your space. Item Rentals: £30–£200/month, depending on the popularity of your items.
Here's To You! And Your Amazing Use Of Space!
John Duncan |