25 Ways to Make Money Renting Your Home, Car, Kitchen, and More to Total Strangers
Remember when your mama taught you that it’s good to share? It can also be profitable.
In the past five years, an entire ecosystem has developed around people sharing things with total strangers — whether it’s a room in their house, their car, or their expertise — and collecting a few dollars in the process.
This ecosystem goes by a variety of names (collaborative commerce, peer-to-peer business, the sharing economy), but it’s all driven by the same thing: mobile apps and websites that connect owners with stuff to the people who need that stuff, if only temporarily.
This does two things: It puts money in owners’ pockets for things that were otherwise going unused, and it usually makes these things much cheaper than the going rate. (It also tends to really tick off hotels, rental agencies, and other traditional businesses that are being passed by.)
Here are some of the things the sharing economy lets you do more easily and cheaply than ever. Some are available nationally, others only in certain areas.
The idea behind space-sharing sites is alluringly simple. You make your house, apartment or spare room available to weary travelers for a fee. They get to stay in a place that’s nicer and cheaper than most hotel rooms; you get to make money for doing almost nothing. The site handles all the transaction details and takes a cut. It’s a win-win-win (except when some psycho renter trashes your home — as one poor San Francisco woman blogged about here).
On Airbnb you can rent everything from an Airstream in Australia to a modernist mansion in Monaco.