Need Extra Cash? Consider Renting Out Your Extra Space

How Does Renting Space Work?

Those interested in advertising can provide empty rooms. Sheds, garages, and other diverse spaces that are not being occupied can store objects. The interested party sees the advertisement, and the two are in contact to arrange the details.

It is an innovative platform that competes directly with self-storage services. Those are companies that rent sheds for extra storage. Generally, renting one of these sheds is expensive and is inaccessible for those who only need a compact space, are on the move, and cannot afford large amounts of money.

In addition, Wistor also lends a helping hand to those who have unproductive space at home, apartment, farm, or other places, allowing them to earn extra income without making a lot of effort.

Small entrepreneurs, shopkeepers, and merchants can benefit from this collaborative system, not needing to rent another property for storage. Another great advantage is that the platform makes it possible for spaces available for rent to be found close to those looking for it; in other words, a positive point concerning self-storage services.

Short-term rental – tourism, holidays, and seasons

Renting out a house for a few days, weeks, or even months is a popular trend right now. The popularity of services such as Airbnb is expanding daily. The concept is simple: instead of renting the home to someone who will live there for 30 months, you lease it to someone who will stay for a day, a week or a few weeks. You can have a high occupancy rate and earn the same or more than a regular rental depending on the structure of your dependence (even if rented from a third party).

Another critical aspect to note is that you may rent your vacant space through Airbnb in various ways, such as a room inside a house with occupants, a house, an entire farm, or an entire apartment, among others.

Traditional rent, but not so much

Even though the “sea is not for fish” when renting real estate traditionally, some real estate companies have invested in business models that can make life easier for property owners. Not to mention potential tenants who want practicality and security in the rental and housing process.  

• Thus, the company Quinto Floor is an excellent solution for you to advertise your property. It brings main differentials compared to the traditional market:
• Provision of a professional photographer (free of charge) to take pictures of your property.
• Survey the surroundings of the property’s location, and they curate the region’s attractions by making your ad more attractive than on other websites and classifieds.
• Do not require a contract with a guarantor for the lessee; in other words, in the amount of the rent, the company already considers surety insurance if something happens to the owner’s property.
• “Zero defaults.” Even if the lessee does not pay on time, the lessor receives his money monthly without delay on the correct days.
  
  

Filming location agencies

You may be able to rent out your house to a TV station or film team for use in your production, depending on the type of property and location. It is a developing sector worldwide, and you don’t need a rural home to compete. Many movies and television shows utilize ordinary houses as movie sets, and filmmakers find that renting a finished home is less expensive than building a set of one.