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Making Money from Your Garage


Do you keep your car in your garage? If you do, you might be in the minority. Your car would be safer in your garage, and you might find that your car insurance is much cheaper if you can say that it’s in the garage every night (in fact, an awful lot of us tick that box whether it’s true or not). But, the truth is, most of us leave our cars on the drive or even in the street, instead of parking them in the garage. Sometimes, this is because it’s just too much trouble to drive it in and out of the garage all of the time. Some people even find that their cars don’t actually fit in their garages, either because there’s that much stuff in there already or because modern vehicles are significantly wider than those from the past.

The sad truth is that while many of us paid more for a house with a garage, most of us don’t use them as they were intended. But, that doesn’t mean that you can’t make money from them. Here are some ways that you could earn cash with your unused garage.

Get Selling

The very first thing that you should do if you want to make money from your garage is clear it out and find things to sell. Old tools can be sold at western sales management auctions, often for a good profit if they are in good condition. This is especially beneficial if the tools weren’t even yours in the first place or you never use them.

Other than tools, you might find other collectables in amongst your old junk, and even broken appliances can often be sold for parts. Remember, your junk might be someone else’s treasure.

Turn it into a Guest Room

If you live in a relatively modern house, and your garage is attached to your main home, it might be wired, insulated and even plumbed in. If it is, this can make it quite easy to turn your garage into another bedroom. You could make money from this by renting it out permanently, or by using Airbnb to make a regular profit. This is especially useful if you live in a desirable area.

Hire it Out as Storage

Many people nowadays spend some time living in small flats or houses. They are often on the lookout for cheap storage spaces for long-term use. Clean your garage out and rent it to someone as a storage space. Just make sure that you are clear about any access rules.

Hire it Out as a Parking Space

If you live near a busy town or city, parking is possibly in high demand. Many people walk or take the bus to work to avoid extortionate parking costs. Your garage could be the answer. Hire it to someone as a space to keep their car while they are at work. This can be a good idea even if you do use your garage for your own car, just hire it out around your own needs.

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