How to Rent Out Your Spare Room to Earn Extra Cash

Do you need some spare cash? Is your main source of income just short of what you need? Try a side hustle such as renting out your spare room to make up the difference.

What you Need to Know to Earnearn, confident lady sweater vest

First off, renting a spare room probably isn’t going to allow you to quit your day job, but it can certainly bring you in some extra income! Some people rent out multiple rooms in their home and pay their mortgage each month with the rental money. You could even pay your house off this way! 

But, before you just let any random stranger move into your house though, there are a few things you’ve got to consider. If you are planning to rent short-term like for a few weeks, then check out Airbnb. Those who rent through Airbnb make a lot of money just for short-term rentals. If you are thinking more long-term, then take a look at some of our suggestions.

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