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8 Ways to Earn Extra Income With Your Home – Money Talks News – Money Talks News

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Between mortgage costs and hidden homeownership costs, we spend a ton of money on our homes.

But what if your home could give a little back? It’s possible to put your home to work for…….

Mix and Match Studio / Shutterstock.com

Between mortgage costs and hidden homeownership costs, we spend a ton of money on our homes.

But what if your home could give a little back? It’s possible to put your home to work for you, bringing in extra income and offsetting some costs associated with it.

Following are several examples of ways you can make money with your home.

1. Rent a room to travelers

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Make a room in your home available to those passing through your area.

Listing an empty room on a site like Airbnb or Vrbo can provide you with extra cash. Plus, you have flexibility: You can decide on which dates to open your home to others.

A reputable site like Airbnb vets its travelers and offers insurance to help protect you.

2. Sell your clutter

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Sometimes it’s about clearing the clutter, and your property can help here, too.

Use your property to hold a yard sale so you can earn money selling things you no longer want. For pointers, check out “15 Tips for a Super Profitable Yard Sale.”

Another option? Sell your unwanted stuff online. In “6 Ways to Sell Your Clutter Safely,” we tell you how to do just that without having to take the risk of meeting up with the buyer in person, as you would when selling on Craigslist or OfferUp.

3. Pet sit

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Interested in making a few furry friends? Use your home for doggy day care, or even dog boarding.

Many pet owners don’t like to leave their critters alone for the weekend, or even during the day while they’re at work.

If you have a flexible schedule and can accept four-footed family members into your home, look into Rover, a site that can connect you with people in need of a pet sitter where you live.

4. Rent out a ‘granny pod’

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Not comfortable with a stranger inside your home? Add a “granny pod” to your property and rent it out. A granny pod is a small, usually pre-fabricated home that can be set in a corner of your backyard.

Another version of this is the tiny home. As long as you meet local regulations, you could rent out these dwellings to a permanent tenant or even use one as your Airbnb rental.

5. Lease your land

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If you don’t want to pay the upfront cost for a small dwelling …….

Source: https://www.moneytalksnews.com/slideshows/how-to-earn-extra-income-with-your-home/

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