How to Make Money Off Your Property

Making money from a property can be a great way to supplement your income. Whether you own a single-family home, an apartment building, or even just some extra land, there are many ways to capitalize on the value of what you own.

From leasing out your land to Airbnb rentals and more, this guide will provide an overview of some of the best strategies for making money off your property. 

With these tips, you may generate a steady income stream and enjoy financial freedom in no time. Continue reading to learn more about making money off your property.

Buy Your Own Home

Owning your home can be a great way to make money off your property. By becoming a homeowner, you can increase the value of your house through renovations and updates, allowing you to resell it for more than the initial purchase price. 

You can also use certain tax deductions, such as mortgage interest or capital gains taxes exemptions, to maximize profitability when selling. 

Additionally, you can rent out extra space on your property for additional income. 

With a bit of ingenuity and knowledge of effective investment techniques, homeowners can quickly build up their wealth through their real estate investments.

Rent Out Your Property

One of the most obvious ways to make money off your property is to rent it out. You can rent out any or all of the space on your property, depending on what makes sense for you and your particular situation. 

For example, if you have a large piece of land, you could subdivide it into multiple lots and then rent them out separately. Or if you have a single-family home with a lot of extra space, you could invest in remodeling the existing structure to accommodate multiple tenants.

Lease Your Land

Another way to generate rental income is by leasing out any land that comes with your property. 

For example, you own a home with an expansive backyard. In that case, you could lease part of it for someone else’s use, such as parking spaces for local businesses or storage units for nearby residents who need extra space for their belongings.

Airbnb Rentals

If you own a single-family home or apartment building, Airbnb rentals can be a great way to generate additional income without committing yourself to long-term tenants. 

With Airbnb rentals, you can rent out all or part of your property on a short-term basis--allowing visitors or vacationers the opportunity to stay in your home. At the same time, they explore the area and provide you with some extra cash on the side.

There are numerous ways to capitalize on the value of your property and make money off it. Whether you own a single-family home, an apartment building, or some extra land, there are various strategies you can use to generate rental income and increase the value of what you own. 

From leasing out land to Airbnb rentals and more, there are plenty of options to choose from, and plenty of resources, such as the realtors at places like Next Level Investing Marketplace, to help you. 

Knowing how to make money off your property is the first step towards creating lasting financial success. With these tips, you can generate a steady income stream quickly. ​ ​ ​

Have Junk Around? 4 Ways to Make Money From It

Like most people, you probably have some junk sitting around the house and garage, but you're not quite sure what to do with it. Did you know that you can not only have someone else remove it, but they will also pay you for your junk? Here are some of the popularly used items that shoppers are looking to buy.

Furniture

College students are always looking for used furniture for their dorm rooms or a private study area at home. They prefer buying second-hand tables, desks, chairs, and sofas that don't cost as much as new ones, since they are on a tight budget. 

Antique fans like to buy older furniture and refinish it for a retro look in their home. Some people buy used items, refinish them, and sell them for a profit online. Make sure your used furniture is clean and basically usable before offering it for sale.

Clothing

Children's clothes are often in demand, as kids grow rapidly from one size to the next. Baby clothing and blankets, children's play clothes and school uniforms, and dress-up outfits for holidays and church or special celebrations can sell very quickly at a garage sale or online at eBay and similar companies. 

Wash the clothes, sew on missing buttons if you have time, and fold them neatly to attract buyer interest. Label the sizes if possible.

Toys

Classic dolls, model cars, and action figures from previous generations are selling like hotcakes today. Some wildly popular toys like Barbie or Tinker Toys can fetch surprising amounts online from buyers to add to their collections. 

If you have the original packaging in good condition, the price can go even higher. Make sure the pieces are all there for kits, and everything should be clean and in good condition. Even at a yard sale, toys are one of the first types of merchandise to go.

Vehicles

Check your garage for bicycles, motorcycles, or a second family car that no one is driving. You can earn money for junk cars, from places such as A1 Towing & Cash For Junk Cars, that don't even run or are missing parts. 

In fact, you can sell just the parts if a vehicle is not operable or complete. Clean up whatever you have on wheels to sell, and ask a fair price to have someone remove it from your garage.

Getting rid of junk is not only fun and a huge relief, but it can also be profitable. Comb through your unwanted possessions to sell things that others will find valuable.

4 Unexpected Ways You Can Make Money While Cleaning Junk out of Your Home

Not many of us look forward to the idea of cleaning out our home. However, you should get excited to do so because there are various ways that you can make money while cleaning the junk out of your home. We're going to share four methods with you below, so prepare to get pumped up.

Sell Your Clothes

Many communities have stores popping up where you can sell your old clothes. Discount stores allow others to purchase name brand items for much cheaper than at the retail stores. If you have some old name brand clothes or other similar items, then you want to put them all in one bag. 

You'll simply need to take the bag to one of these discount clothing stores. They'll go through your bag of items and offer you money for the ones that they want to purchase.

List Working Items

As you're going through the items in your home, you'll likely come across a multitude of items that work, but you no longer need. Most of us hang on to these items for the simple fact that we don't want to throw them out because they're still working. 

What you can do to make yourself a little change is to list these items on online marketplaces and offer them at a discounted price.

Sell Scrap Metal

Selling scrap metal is a very easy way to make some extra pocket change without a whole lot of time invested. As you're cleaning out rooms like your garage or attic, you'll likely find spare metal. 

Scrap metal buyers will pay for different types of metal, including copper, steel, and aluminum. It's also not uncommon for these dealers to also pay for things like old appliances that have metal inside of them.

Use Buyback Sites

Another great way to get money for your old items is to sell them to buyback sites. There are sites for different items. Some of the most popular include book buyback websites and cell phone buyback websites. 

Most of these places offer free shipping and will automatically deposit the money into your checking account for the items that you're selling them.

Cleaning out your home doesn't have to be an overwhelming experience. Rather, when you understand that you can make money off of your old items, it starts to become a fun experience. 

When you start your next spring cleaning, consider all four of these options for making some extra money from your old items.

4 Ways to Make Money in Addition to Your Day Job

These days most everyone could use a few extra bucks in their pocket. Offered are some ideas that can be fun as well as adding more money to your budget.

Freelance Writing

Here is a great stay at home way to earn extra money. Commercial writing consists of a vastly diverse field that offers money for your writing skills. Copywriting, journalism, product description, technical manuals, recipes, DIY instructions, as well as horoscopes are all examples of writing opportunities that are available online for pay. 

There are free online editing programs that will help refresh your skills. The pay may be low in the beginning but as your work improves so does the opportunities to make more money.

Real Estate

Whether you want to invest in flipping properties or want to help someone else to flip, there are several ways to side money in the field of real estate. Cleaning out rental houses between tenets, pressure-washing building exteriors, staging homes that are for sale, as well as photographing interiors and exterior properties for sale are just a few ways to make additional income moonlighting. 

Property management is another field of real estate that can become a second source of income. Make your skills known to real estate brokers, agents, and apartment complexes.

Selling Online

We all have things around the house that we can live without and they may be worth money. Why not sell them and clean out the house to make some extra money. There are several ways you can go about this by researching sites such as Facebook, Pinterest, Amazon, eBay, Etsy, Craig's List to name just a few. 

Each site has a particular niche, so you can find the right type of buyers for your items. Be sure to check restrictions and fees on each site.

Mystery Shopping

Most of the mystery shopping jobs offered online is an unrevealed customer audit that you perform as a subcontracting agent. Banks, grocery stores, restaurants, shoe stores, retail stores, home improvement stores, car dealerships, are just a small listing of the types of jobs offered. Legit mystery shopper companies never ask you for money and offer free registration.

Offering tutoring or lessons in your skill area is another way to make extra money as is making deliveries. Decide what ideas appeal to you. If research is needed for additional money makers, try this site https://myworkfromhomemoney.com/ways-make-extra-money-day-job/. Moonlighting on the side can be inventive and fun.

How to Make Money by Visiting Estate Sales

If you want to start making extra money, then you should visit the estate sales in your area. Estate sales offer higher quality merchandise than garage sales do, but you must spend some time learning about the process of shopping at these events. Here are some of the ways to make money with estate sales.

Update or Repair Furniture

Estate sales typically have furniture for sale, but the items may need repair or updating. If you know how to fix furniture, then you can offer a lower price for a distressed item before selling it to a new buyer at a higher price. 

When you are creative, you can see ways to update old-fashioned furniture to make it usable by someone who is willing to pay more than you paid for the item.

Finding Vintage Garments

If you love fashion, then learning more about vintage garments can help you to make money. There are online and local clothing stores that accept vintage clothing, so you can offer a low price for a designer dress before selling it to someone else at a website, such as Poshmark. Look for garments that are clean and in good condition so that you can sell the clothing faster.

Learn About the Toys that Have the Most Value

When you decide to specialize in buying toys, you should learn about the types that have the most value. Get into contact with Transformers collection appraisers or a beanie baby collector who understand the value of each type of toy. 


You can use a smartphone camera to send a photograph of a toy to the expert to learn if you can earn a profit by buying the item at an estate sale before selling it again to a collector. The tip is to know you have a treasure when someone sells it for a junk price. Do the research and start your own hunt.

Understanding the Collectible Market

The collectible market is changing daily, so you must learn what buyers are demanding today. If you can remain aware of the value of the collectible items along with learning how to check for damage, then you can find buyers who are willing to pay you more than you did for the thing that you bought at an estate sale.

Think About How You Will Transport Goods to Your Home

When you are visiting an estate sale, you are responsible for transporting the goods to your home. If you are buying a table or a bookcase, then you will need to have a truck, or you might need to hire furniture movers. To avoid the extra cost of hiring delivery drivers, you may want to concentrate on buying smaller things.

Can Your Money Make Money? How to Save for Retirement through Investing

If you have started planning for retirement, you may have already estimated your financial need for the future. This estimate may be based on a projected budget in retirement as well as the use of online retirement calculators. 

If you are floored by the huge amount of cash that you need to save between now and your desired retirement date, you are in good company. The good news is that your money can actually make money for you when you invest it wisely. These are some of ways that your cash can multiply over the years.

Interest

Today’s savings accounts have fairly low interest rates. In some cases, they barely keep pace with the rate of inflation. However, when you stash at least some of your money in a savings account, your bank will make regular interest deposits in your account. 

You will notice that your account balance grows slowly over time as a result even if you do not contribute any additional money to it. Because the rate of return on a savings account is low, however, you should also consider putting some of your money in these other investment vehicles.

CDs

The rate of return on CDs varies by financial institution, the term length and the amount of money that you invest. You will generally enjoy a higher return when you buy a CD with a longer term and a larger investment. 




However, if you cash out the CD prematurely, you may lose money. Therefore, only buy CDs with money that you know that you will not need until the end of the term.

Dividend Stocks

While stock prices fluctuate dramatically, the stock market in general has trended upward over the decades. With all stocks, you profit when you sell them at a higher price than what you purchased them for. This is only one way to profit from stocks. Some companies may a regular dividend on their stock. 

A quarterly dividend is most common, but this varies. You can request dividend reinvestment, which means that you will buy additional shares of the same stock with the dividend that you receive. You can also receive the dividend as cash in your investment account.

Real Estate Investments

Real estate investments can also be lucrative, and rental property is among the most common way to profit from real estate. Real estate investors make money through property value appreciation, and this can be realized when the property is sold or when the investor takes out a cash-out refinance loan. 

If the property is income producing, the investor generally will receive monthly cash flow. Another way to benefit financially from real estate investments is through tax deductions.

As you can see, there are numerous ways for your money to make money for you. A smart idea is to fund your savings account with a reasonable amount of money, and this can serve as an emergency savings account. You can then purchase other investments to create a diversified, balanced portfolio.

5 Ways To Make Money Using Your Mobile Phone

When you take a look at the world today, you can see how much it has been shaped by technology. Next to changing the way people live, work, and play, it has also affected the way some people make money. 

Next to serious ventures such as taking up an online business, working as a freelancer, or being a blogger with a huge following, there is also a wide variety of micro-jobs that you can do by using certain online apps, that aren’t necessarily a way to earn for a living, but if you know how to use them, they can help you get some extra cash.

Gather info from stores as a Field Agent

First, you have to download the Field Agent app, make your own agent profile. Your jobs will appear in the apps “job list” or you can track them from the “map view”. And what are you going to do? 

You are going to help businesses improve their customer service by gathering information, photos, and videos from stores and other places via your smartphone. 

For example, you may have a hob to go to a store, take a photo of a product, and then answer some questions about it. The money you’ll earn per job is between $3 and $12.

Take surveys

Companies like to learn what you think about various things that matter to them, in order to create statistics and improve various business aspects. 

Most often, they will gather information from the customer base that they have, but there are other ways that they do this too. 

In fact, there is a lot of websites that will pay for you to take surveys. Every business cares about your opinion during their development phase, and they will pay because it will help them know what to focus on.

Become a Tasker in your area

If you’re a good handyman, cleaner, mover, and the like, you can use the Task Rabbit app to find local jobs, with the ability to choose the rates and schedules that you are comfortable with. 

The first thing that you need to do is register, and then you will get an invitation to attend a local Tasker orientation or onboarding session. 

You can then begin doing the tasks by downloading the app and receiving notifications about potential jobs near you. Discuss details with your client, do the job, submit the invoice, and get your money.

Shopping rebates

There is a variety of apps and sites out there that can help you get your money back after you shop. While it’s not really a way of earning money, it can help you save more. Ebates is the most popular shopping rebate app/site. 

When you purchase something from their site, they get a commission from who made the product. But, instead of keeping it, they send you a piece of the commission, and a PayPal payment every quarter. Some rebate apps require you to keep receipts that you have to scan.

Drive people around

We asked the professionals at Personal Digital what their favorite way of making money via your smartphone is, and they suggested using an app like Uber or Lyft to drive people around. 

First you need to register and get accepted, and you have to meet requirements such as being 21+ old, owning a car, and having a car insurance that is valid. You also have to pass a background check. 

After that, you can earn money as a driver – up to $35 an hour with Lyft, and about $19 per hour with Uber.

In summation

In today’s world of technology, there is a wide variety of ways that you can make money, be it a real business or a way to get some extra cash. 

There is a wide variety of apps and ways out there that can help you earn money. Try some of the 5 listed in this article and see how they pan out.

How to Invent a Product in Your 50’s

There are certain stages of life that lend themselves to certain behaviors and trends. For example, most people aren’t thinking about creating an invention or product in their 50’s. 

It does happen occasionally, like in the case of the toothbrush, which was created by a man nearly 50 years old. In most cases though, it is something done in your 20’s or 30’s. 

This article is to let you know that it’s not weird, you can do it, and the only thing holding you back is you. The fact that you have extensive life experience can help you identify certain opportunities that a younger person might overlook. 

Invent a Product

The easiest way to come up with a product idea is to solve a problem that you currently have or one that you see is common in the world. 

I’m not talking about solving world peace here, but if you take note of daily struggles that you face, you’re already halfway to the prize. When you have a frustration with a product that you use all the time, think about if there might be a better way to do that thing.

Once you have a product idea, or an improvement to an existing product, it’s time to test the market. The best way to do this is by either setting up a focus group with strangers or just doing it virtually through crowdfunding sites like Indiegogo or Kickstarter. 

These mammoth opportunities raised more than a billion dollars last year alone. This illustrates the power that can be potentially harnessed with these sites. If you go down this road, don’t skimp. 

Promote the Invention

Produce the highest quality description and videos that you possibly can. Create a quality, but simple presentation about how your product works and how it will solve the problem you once had. Not only will this force you to think critically about your product, but it will tell you in no uncertain terms whether or not people will buy it. 

Salesmanship is a must, especially with the competition for eyeballs on these types of platforms. Fill out your profile completely, and create buzz about your invention, even if it’s not the newest tech gadget. People want practical as well, not just exciting and colorful.

Build a Prototype

If your product is validated, it’s time for a working prototype. Remember: a prototype doesn’t have to be the final work of art that you’re planning; it simply needs to showcase the appearance and in some cases, functionality of said product. 

You can create this yourself with existing materials or hire an outside consulting company to take care of this for you. If you have the capital on hand, this may be the way to go. 

You’ll get professional critiques and a functioning product that is ready for market. As you are going through this process, keep in mind that the relationships you build right now could be fostered and used for future projects as well.

If you follow these suggestions, you’ll be able to come up with a great idea, solve a problem, validate your idea, and make people’s lives easier, all while making money from it.

5 Quick and Creative Ways to Make an Extra $50.00

Sometimes you're short on cash and just can't seem to get any extra hours at work. You might need it to pay off some bills, or buy a ticket to that concert where your favorite artist is playing. Money isn't free, though, but luckily there are several ways you can build side income in your spare time. Here are five of our favorite ways to make that extra $50.00. 

Carpentry and Woodworking:

Here's a creative way to rise above artistic competition: woodworking. While most artists try to sell their ideas through print mediums, woodworking is a relatively less common form of commercial art. While many artists are interested mainly in selling an aesthetic piece, wood workers can make their pieces functional as well. You could carve keyholders, banisters, nameplates- you name it and it's probably a possibility. Good wood workers can easily sell commissions, and with little more than a carving knife and a block of wood, you can create a piece worth 50 dollars or more. 

Earrings out of clay:

Online customers will pay tons of money for custom jewelry, even if it doesn't contain any precious metals. Clay earrings are especially popular items for artists to make because they're fast, long-lasting, and easy to create for people new to sculpting. With your imagination, you can make abstract pieces that incorporate other materials, or maybe pieces based off of characters you created in a webcomic. The cost of creating earrings is relatively low, and the biggest determinant of your earring's selling price is their craftsmanship. 

Freelance Writing:

Freelance writing is easier than ever thanks to the internet. There are many websites looking to put all the hours you spent in English class to good use. Some places pay weekly, while others trade less regular pay for higher rates. The best thing about freelance writing is it's flexibility; you can work from virtually anywhere, meaning location isn't a factor when you're trying to make some extra money. 

Pawn shops:

Do you have some items lying around your house you no longer need? Pawn shops are a great place to take them, whether it be finding a buyer for your electronics at pawn shops in Fort Lauderdale, or selling off that saxophone in Seattle. It's not just instruments and electronics pawnshops are looking for, though. Many buyers are also hoping for items made of precious metals. Artwork is also a common buy for resellers; don't be afraid to take those off-the-wall things into pawn brokers. The worst thing that can happen is brokers will turn you down. 

Tutor in specialty subjects:

Anyone can quickly find a tutor for Spanish or Algebra, but if you have in-depth knowledge about a specialty subject don't doubt the money you can make. Do you know a lot about 3D printing? Put your expertise to good use for people interested in staying on the cutting edge. While lots of students want to learn French and Spanish, subjects like Arabic and Korean tend to have fewer tutors. You can put away a pretty penny if you're a speaker of a less popular language, especially if it's your native tongue.

Feel like 50 dollars is a lot to make? Don't give up. While it may require a bit of self-promotion and persistence, you too can make money on the side. You're in a world more connected than ever; think about all the people in need of the creative, unique skills and products you have to offer.

Author Bio
Karleia is a freelance blogger residing in Utah. Away from the office she enjoys spending time with her two daughters and husband.

Routes to Making Money Post-Retirement

There are a number of reasons why you might want to continue making money after retirement. Perhaps you need to top up your income in order to continue living the lifestyle you enjoy, want to keep adding to your savings account, or want to be able to fund trips away. Whatever your reason, this article looks at ways to make money post-retirement, from the practical to the innovative.

Invest Money

Sensible investments can be a great way to grow your savings after retirement. As you grow older you might want to move away from volatile investments and stick to those that yield a potentially lower but steadier return. Maintaining a diverse investment portfolio is also a good idea for long term safety. This should ideally include a number of asset classes across various industries and on all levels of equities. You might like to invest some money in countries with emerging markets, such as Egypt for example, to protect against potential economic downturns back home. Whether it’s loading up your savings account or buying a share in a foreign business, investing for the long term is also a good idea to allow funds to grow. Speak to your accountant or banking professional for sound advice on the best way to proceed.

Work Part Time

Just because you’ve retired it doesn’t mean that you want to stop working, or that you have enough money to cease work altogether. Many retirees in the US are employed in part time work and find it fits in well with their lifestyle. Work could be related to skills you have acquired over your working life, or you could branch out into something completely different. There is always the option of temp work related to your previous employment. Private tutoring for high school and college students is a great way to earn good money for retirees with knowledge of a particular subject area. For those who want to stay active gardening and handyman work can be good options, or working as a local tour guide. 

Start Your own Business

If you’ve always had ideas about a business you'd like to set up then retirement presents the perfect opportunity to do it. At this stage it is best to avoid business plans that have a potentially high risk, and you certainly shouldn’t invest a high proportion of your savings. Think busineeses that require minimal investment and can make use of other assets and skills that you already have. This could be dog walking, consulting, catering, pet sitting, or turning your property into a bed and breakfast. 

Make Money from Your Space

For those with large or multiple properties there are plenty of opportunities for making a bit of extra money post-retirement. The most lucrative option is to take on a lodger in one of your rooms or let an entire property to ensure a regular monthly income. If you are considering travelling during your retirement then renting out your property while you are away presents another money making opportunity. If you have an empty garage or outhouse there is also the possibility of converting this into office or storage space and renting it out.

Whatever you choose to do, there is plenty of opportunity to continue making money after retirement by making use of the skills and assets you have built up over your working life. Have you already retired and have money-making tips for others? Share your experiences in the comments below.

Frederick Hale writes on personal finance and investment for the web. Since retiring last year, he has been in the process of developing his own website on post-retirement advice.