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Heard a guy at a coffee shop in Portland say he makes $2,100/mo renting out his neighbor's unused garage
I was waiting on my latte last Tuesday and overheard this guy on a call talking about his side income. He said his neighbor has an empty detached garage that just sits there, and he offered to list it on a storage app for a cut of the rent. The neighbor agreed, and now the guy pulls in about $2,100 a month just managing bookings and handing out gate codes. He doesn't own anything or fix anything, he just found a space nobody was using and connected it to people who needed it. Has anyone here tried brokering someone else's unused space like a basement or parking spot for a cut?
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jason95815d ago
A buddy of mine in Austin did this with two parking spots behind his apartment, cleared about $280 a month, so $2,100 for a whole garage is not crazy at all. The trick is getting the neighbor to sign something simple in writing BEFORE you list it, because once money starts coming in people get weird about who owns the deal. I'd also check your city rules on renting out a garage as storage, some places want a permit and some HOAs will shut it down fast. The real money is in repeat customers, guys who need the same spot every month, because chasing new bookings is where you lose all your time. Just make sure the cut is clear from day one, like 20 percent of rent or a flat fee per booking, or you WILL end up in a dumb argument over fifty bucks.
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