Neighbor: Rent Out Your Space for Storage & Earn $500+ a Month

An image of a box inside a storage unit, used as the featured image for the blog post article "Neighbor: Rent Out Your Space for Storage and Earn $500+ a Month" on phmillennia.com

Hey there! Ever glanced at that empty closet or idle driveway and thought, “I wish you could make me money”? Well, dream no more! With the Neighbor app, your unused spaces can transform from mere square footage to a steady income source.

Whether it’s a forgotten shed, an extra parking spot, or even that vast warehouse you’re not quite sure what to do with, Neighbor lets you list them all. Set your price, choose who rents, and decide when they can access.

And the cherry on top? You could be pocketing anywhere from a nifty $500 a month to thousands annually. Dive in to discover how your idle space can work its magic on your wallet.



What Is Neighbor?

Imagine a world where your empty spaces aren’t just voids but valuable assets. Welcome to the world of Neighbor.

  • The Concept: Think Airbnb, but instead of renting out rooms, you’re renting out storage space. That’s the genius of Neighbor. Rooted in the US, it’s the ultimate platform connecting those with extra space to those desperately seeking it.
  • For the Space Seekers: Whether you’re a collector of vintage vinyls needing a closet, an entrepreneur in search of a warehouse, or just someone looking for a parking spot for your ride, Neighbor is your answer. It’s your one-stop-shop for affordable, accessible, and secure storage solutions.
  • For the Space Providers: Got some idle space? An empty shed, a lonely attic, or a half-empty garage? With Neighbor, these aren’t just empty spaces; they’re opportunities. Imagine your garage earning you $500 every month or that backyard shed pulling in a neat $100.
  • The Perks: Got unused space? Neighbor’s here to monetize it. List it, set your terms, and connect with renters. You’re in control, from who rents to when they access. And the best part? Neighbor handles the payments and ensures everything’s on the up and up, leaving you to enjoy your passive income.

In essence, Neighbor isn’t just a platform; it’s a revolution in the storage world. So, if you’re eyeing that idle space and thinking of a side hustle, Neighbor might just be your next big move.



Is Neighbor Legit?

Wondering if Neighbor is more than just a catchy name? Let’s break it down:

  • The Company’s Pedigree: Born from the innovative minds at Neighbor Storage, Inc. in 2017 and proudly based in Utah, USA, this platform has been making waves in the storage scene.
  • Street Cred: It’s not just us singing their praises. Neighbor has strutted its stuff across the stages of Forbes, Wall Street Journal, Bloomberg, and many more. Talk about being in the limelight!
  • Safety First: Neighbor isn’t just about space; it’s about trust. From thorough identity checks to a rock-solid payment system, and from a safe chat platform to a whopping $1 million host liability protection, they’ve got all bases covered.
  • Star Power: Numbers don’t lie. With a 4.7-star rating from over 4,000 App Store reviews and a perfect 5-star score from nearly 25,000 website reviewers, Neighbor is clearly doing something right.

To wrap it all up, Neighbor is more than just a platform; it’s a community. A place where space seekers and providers come together, ensuring everyone gets a fair deal. So, is Neighbor legit? In our books, it’s a resounding yes!



Who Can Become A Neighbor Host?

If you call the US home and have some space to spare, you’re already halfway there. Whether it’s a snug closet, a spacious garage, a handy shed, or even a vast unpaved lot, Neighbor’s doors are wide open.

From the sun-kissed coasts of Los Angeles and Miami to the bustling avenues of New York and Chicago, and many cities in between like San Diego, Dallas, and Atlanta, Neighbor’s reach is expansive. It’s not just about the big cities. Neighbor operates in all fifty states, ensuring that no space, no matter where, goes unnoticed.

And a little heads-up: make sure you’ve got a bank account ready, because that’s where the rewards roll in.

In a nutshell, if you’re in the US and have any kind of space, big or small, Neighbor is your golden ticket. Ready to transform your idle space into a steady income stream?



What Types of Space Can I Rent Out?

  • Garage: Perfect for storing vehicles or larger items.
  • Driveway: Ideal for parking cars or even RVs.
  • Parking Lot: Got a larger space? This is great for multiple vehicles.
  • Basement: A cool, dry place for storage.
  • Bedroom: Ideal for furniture or boxed items.
  • Shed: Great for garden tools or equipment.
  • Warehouse: For those with commercial space or larger items.
  • Carport: Shielded parking for vehicles.
  • Self-storage Unit: Traditional storage space.
  • Closet: Perfect for smaller items or boxes.
  • Attic: Another great spot for boxed items or furniture.
  • Street Parking: For those in urban areas.
  • Shipping Container: Secure and weatherproof.
  • Unpaved Lot: Ideal for larger vehicles or equipment.
  • And more… If you’ve got space, there’s likely someone who needs it!

With Neighbor, the possibilities are vast. Whether you have a tiny nook or a sprawling space, there’s potential to earn.



How Does Neighbor Work?

Here’s how you can turn your space into a steady income stream with Neighbor:

  • Sign Up & Settle In: Kick things off by creating an account on Neighbor. You can breeze through the sign-up with your email or even use your Google or Facebook account. Just a few clicks, confirm your email, and you’re in!
  • Showcase Your Space: Time to flaunt that space! List what you’ve got, be it an attic, garage, or a cozy closet. Add some snazzy photos, describe its features (like if it’s climate-controlled or has security cameras), and set your price. Not sure about the pricing? Neighbor’s got your back with market-based suggestions. And if you’re feeling generous, throw in a first-month discount.
  • Polish Your Profile: Add a dash of personality! Upload a friendly profile picture and pen down a bio that radiates trust. Oh, and don’t forget to verify your email and phone number.
  • Chat with Renters: Once your listing’s live, the booking requests will start rolling in. Review them, chat with potential renters, and decide who gets to store their treasures in your space. And the best part? Most of these folks will be from your neighborhood or city.
  • Schedule the Move: Got a booking? Awesome! Now, coordinate with your renter on when and how they’ll move their stuff in. Whether you meet in person or share a storage code, it’s all up to you.
  • Sit Back & Earn: Here comes the fun part. A month after your renter moves in, your first payment lands in your bank account. And every month after that? Ka-ching! Neighbor handles all the payment details, even covering costs if a renter misses a payment. Just note, they take a tiny fee (4.9% + 30 cents per payout) for keeping things smooth.

In essence, Neighbor is all about turning your idle space into a consistent income stream, with minimal fuss and maximum trust.



How Much Can I Earn As A Host?

With Neighbor, your space is more than just square footage—it’s potential income. But how much can you really earn? Well, it’s a mix of what you offer and where you’re located.

Factors Influencing Your Earnings:

  • Type of Space: Is it a garage, bedroom, or a parking lot?
  • Size Matters: A spacious basement might fetch more than a compact closet.
  • Amenities: Features like security cameras or smoke detectors can up the value.
  • Location, Location, Location: A garage in Los Angeles might be more in demand than one in a quieter town.
  • Safety First: A safer neighborhood can command higher rates.
  • Renter Traffic: How often you get renters and their duration of stay.

A Glimpse of Potential Earnings:

  • A 20×20 garage in Los Angeles? About $500 a month.
  • A 20×20 bedroom in Jersey City? Roughly $400/mo.
  • A 37×16 basement in the heart of New York? Around $350/mo.
  • An 18×10 parking lot in Dallas? Perhaps $74/mo.
  • A 30×15 unpaved lot in Riverton, Utah? Maybe $105/mo.
  • An 8×4 warehouse in sunny Miami? Close to $80/mo.

But remember, these are ballpark figures. Your earnings can swing based on a myriad of factors. Some Neighbor hosts pocket a modest sum each month, while others rake in thousands annually.



Is Neighbor Worth It?

Ever looked at a cluttered space and thought, “Could this be making me money?” With Neighbor, that’s not just wishful thinking—it’s a reality for many. But is it worth the hype? Let’s break it down.

Pros:

  • Passive Income Stream: Once set up, your space does the earning for you. No active management needed.
  • Flexibility: You decide the terms. Who rents, when they access, and at what price.
  • Safety First: Neighbor ensures secure communications and transactions. Plus, they offer property protection plans for peace of mind.
  • Broad Reach: With a presence in all fifty states, your listing has the potential to reach a vast audience.

Cons:

  • Variable Earnings: Your monthly income can fluctuate based on demand and competition.
  • Space Occupancy: While you’re earning, that space is off-limits for personal use.
  • Maintenance: Depending on what’s stored, there might be some wear and tear.

The Verdict: For many, Neighbor is a game-changer. It transforms idle spaces into income-generating assets. While there are considerations to keep in mind, the potential for passive income, coupled with the platform’s safety features, makes it a compelling option for many.

In essence, if you’ve got space and the idea of earning with minimal effort appeals to you, Neighbor might just be your next best move. Ready to unlock the potential of your space?



Final Thoughts

We’ve delved deep into what Neighbor offers, and it’s evident that it’s a practical solution for those with space to spare. It’s straightforward: list your space, set your terms, and watch as potential renters come knocking.

The platform’s strength lies in its user-friendly approach. It’s about making the most of what you have, be it a tiny closet or a sprawling lot. And while earnings can vary, the opportunity to generate passive income is a significant draw.

Neighbor also emphasizes community and trust. It’s not just about renting out space; it’s about connecting with others in your area, all under the umbrella of safety and transparency.

In conclusion, if you’ve got unused space and the idea of some extra cash sounds appealing, Neighbor is definitely worth considering. It’s a modern solution for a modern world, turning idle spaces into potential income sources.

Thinking of giving it a go?

START EARNING WITH NEIGHBOR NOW ➜



Looking for a reliable way to make money online? Start a blog and earn a fulltime income!

Hey there! While we’ve been chatting about the potential of your physical space with Neighbor, how about exploring the digital realm? Ever considered starting a blog? It’s a fantastic avenue to share your passions, connect with like-minded folks, and yes, earn a pretty penny.

Why Blogging?

  • Share Your Voice: Whether it’s travel tales, fashion finds, or delectable recipes, there’s a world eager to hear your stories.
  • Monetize Your Passion: Through ads, affiliate marketing, or even your own products, your blog can become a revenue stream.
  • Flexibility: Blog on your schedule, from anywhere, and live life by your rules.

New to Blogging? No Sweat! Dive into my beginner-friendly guide on how to kickstart your blogging journey. It’s chock-full of tips, tricks, and tools to set you on the path to success. And the best part? You could be on your way to a full-time income, all from sharing what you love.

So, ready to transition from maximizing your physical space to carving out your digital niche? Click below and let’s get your blog rolling!

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about the "author"

Felicitations, fellow malefactors!

What’s cookin’, good lookin’?

Hi there!

I’m Jared dela Cruz, founding father daddy of phmillennia & five-time winner of Witch Weekly‘s Most Charming Smile Award. I’m a wizard. I used to study at Hogwarts, but I dropped out. Actually, I was expelled. Got accused of practicing the tickling charm on Thaddeus Thurkell’s seven squib sons & running an underground market of dangerous potions. Only one of those was true.

So now I’m a writer. Or at least I think I am.

But hey, thank you for being here. For supporting my work. For supporting me. You are noble. You are kind. You are beautiful. And you – why, you are my beacon of light, love, & laughter! You make me feel … beloved. And I hope, one day, I can show you how much you mean to me. If you have money, won’t you give me some, too?

about the "author"

Felicitations, fellow malefactors!

What’s cookin’, good lookin’?

Hi there!

I’m Jared dela Cruz, founding father daddy of phmillennia & five-time winner of Witch Weekly‘s Most Charming Smile Award. I’m a wizard. I used to study at Hogwarts, but I dropped out. Actually, I was expelled. Got accused of practicing the tickling charm on Thaddeus Thurkell’s seven squib sons & running an underground market of dangerous potions. Only one of those was true.

So now I’m a writer. Or at least I think I am.

But hey, thank you for being here. For supporting my work. For supporting me. You are noble. You are kind. You are beautiful. And you – why, you are my beacon of light, love, & laughter! You make me feel … beloved. And I hope, one day, I can show you how much you mean to me. If you have money, won’t you give me some, too?

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