Ask Sid: Rent Out Extra Home Space as Storage: Save a Buck - AARP Bulletin

Rent Out Extra Home Space

Empty nesters, take note: You can make your spare space pay by renting out storage area in your garage, attic, backyard or basement—even that room vacated by a grown child. At the online storage marketplace , you can list your space for free, along with the dates it’s available and the asking price (an extra bedroom can fetch $150 or more per month). When it’s booked, SpareFoot gets a one-time transaction fee equal to half the first month’s paid rent. A legally vetted lease agreement costs $19. A similar service, , charges no fees (but has fewer listings). Says founder Daniel Hand: “I started it as a public service.” Sid Kirchheimer writes about health and consumer issues. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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