When it comes to your house, it’s often a financial burden to families. After all, mortgages can prove an expensive cost in the current financial climate. However, you might be surprised to know that your house could actually be a secret goldmine. And it could actually earn you some extra money, which can be a blessing with so much to pay for when it comes to our family. Therefore, here are some not-so-obvious ways your house could earn your family some extra money.
By renting out your drive
A lot of people rarely use their drive. In fact, they often put their car in the garage or out on the street. Or they might have a double drive with one side being rarely used. But rather than leaving it empty, you could consider renting it out instead. After all, if you are in a prime location near a city, you could earn a lot of extra money. People are always looking for places to park when they are heading to a city. And they don’t want to pay the extortionate price it costs to park in the middle of the city. Therefore, you could rent your drive out for a fraction of the cost to people visiting the city. You should use a legitimate site like Just Park which will let you advertise your drive. And it will take the money from the customers to ensure it safely reaches your family.
By investing in solar panels
When it comes to your heating, it can often cost you a lot of money. In fact, it’s likely to be one of the biggest bills you will have to face every month. However, this could all change if you look into solar panels. The energy-efficient heating which is supplied by the sun can actually save you money. You pay one significant cost at the beginning, but then solar still provides 4.8% ROI. Therefore, you will end up making money rather than squandering it month after month. And as it’s energy-efficient, you know you are helping the environment too. And an extra bonus, when it comes to selling your house, solar panels are very desirable and will add value to your property.
Get a lodger for your home money wise
If you have a spare room in your house that has no purpose, it might be wise to think about renting it out. After all, you can earn a couple of grand a year from a lodger. And it could enable you to pay out for your mortgage without you having to spend a penny. Obviously, you need to make sure you check out the references of anybody that is coming to stay with your family. In fact, you should go through a professional site to ensure you find someone trustworthy. And make sure they sign a contract so that they won’t disappear without paying one day!
And you might want to allow filming in your home if you want to earn some money. If you have a home full of character, you might be able to get paid for companies to film commercials or even movies in your property! You can read more about this in this article.