Rent Out Your Parking Space for Passive Income

You know that parking spot in front of your house? Maybe it’s your driveway. Or just a part of a driveway. It just sits there, unwanted and unused. But what if you could make some money off that parking space? Now you can. Curbflip, Spothero, and Spacer are just a few of the parking apps that are changing the way that people park. This is a space where you can easily make money by renting out your parking spaces to commuters. The app will send an email with the potential customer contact information so you can negotiate price. The app also takes care of paying you, as well as any issues that may arise.

Why Rent Out Your Parking Space?

Do you have an empty space in front of your house that you can’t use? With the apps mentioned below, you can easily rent out that space to people who need to park their car. It doesn’t cost you anything and you get some cash in your pocket, up to $400 per month. If you have multiple parking spaces, you can make even more.

How Does It Work

The going rate for a parking space is set by the demand of the marketplace in which it’s located. For instance, if you search for parking in the Spothero app within a certain location, the app will show you prices for a 3 hour reservation, beginning with the current time you conducted the…