10) Rent Your Place for a Night
Do you have a spare room or finished basement that you’re not really using ? Try renting it out on Air-Bnb, even just a few nights a month could greatly supplement your income. Airbnb covers you with a $1,000,000 host guarantee as well as penalty-free cancellations if you’re uncomfortable with a reservation. You can make your space available during high-demand times in your area. Think: concerts, conventions and sporting events. Be a good host and make sure your place is stocked with the toiletries you’d expect at a hotel, such as toilet paper, soap and towels. Make it memorable for your guests. Many travelers turn to Airbnb for the personal touch they won’t find at commercial properties. You may even get referrals or repeat business if you do a great job as a host.
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