In your hustling days, your 9 to 5 job and that too if you stay in a city like Mumbai, the traffic it takes up your whole day. In all of this, if you even contemplate about being an entrepreneur preferentially making some extra funds it is actually troublesome. Although what if I tell you can earn money without putting in much energy. All you have to do is see around you! In this blog, we are going to look at all the spaces that can you can earn from.
If you’re a landlord or just looking to make money with real estate, it’s essential to understand how to manage a property in the right way. As a property manager, notably as a first-time landlord, you’ll be forced to wear many hats. How you control that property is going to either make or break your chances for success.
Entrepreneurs have become fixated with rental property and not just long-term rentals. The emergence of Airbnb and the eager rush to convert condos and homes into short-term, temporary rentals has the real estate world reeling. If you’re seeming to get into the fray, heed the advice from property managers who are dominating the short-term rental game.
While short-term rentals are on a constant rise, they have been a source of income: passive income. Real estate is an excellent illustration of one of the >best ways that we can create a passive income from a real-world asset that increases in value over time. The best part? If it’s a section of your own property that remains vacant, you can still receive the rental income. Music to your ears, right?
Well, what’s not so apparent or straightforward is particularly how you go about managing that property. If you don’t have the time, no problem. Myrsa will help you. Myrsa is an online platform where you can find potential brands that would want to use your space. List your space on the website and send an enquiry to brands that can use your space. The brands will then contact you. It’s as easy as that!
Here are some of the spaces around you that you can give out for temporary renting.
Garden
Garden areas are on a huge demand right now. They have endless opportunities. Being an outdoor area and the natural ambience, people find this the perfect place for their activities. You don’t use your garden areas that often and rest of the times they remain vacant. From a small yoga class to a big event everything can happen in this area. As Myrsa provides you with the temporary renting program you can set the time when you would like to rent out your garden area.
Parking Lots
Your empty parking space can be given a whole new perspective. Parking lots in residential areas or commercial areas are huge and you can earn a lot from these. Usually, you will observe that they remain empty for the utmost of the day. Additionally, you can rent out a part of your parking lot and use the other half for parking. Activities like exhibitions, small stalls, food trucks, pop-up shops and even educational events can be held.
Related Post: Best Ways To Use Your Empty Parking Space!
Open Ground
Bunch of events and things can take place at your Open Garden. Parties, Weddings, Exhibition, Flea Market, Food Fest, sports event and many other events. Brands that need your space can contact you. An open garden can be a great source of income for you.
Halls
Halls are utilised by people every now and then for any sort of event. Small parties to grand celebrations can all be held in your halls. Myrsa helps you to take your booking online. Brands will easily find you to carry out their events and you can have a new event every day. Even yoga classes or dance classes can be held during different hours in your halls.
Related Post: Your Empty space can turn to someone’s Event venue
Auditorium
Auditoriums usually remain empty most of the times. Offices today are more inclined to hold seminars in offbeat places to keep their employees motivated and for them, your auditorium spaces can be one of the spaces. Let out your auditoriums for different types of seminars, events and even for small movie premiers. Upcoming artists can also use your auditoriums to practice their performances beforehand.
Cafeteria
Cafeterias are something you must have never thought of about earning money in any another way. But the free spaces in your cafeterias can be very useful to some. You can give out your cafeteria space for rent to potential businesses. Food tasting activities, new product testing or even small stalls for newspapers can be in your cafeterias. You can even rent out space for atm.
All these can become your extra source of income. Watch out for more blogs to know the amazing spaces that you can earn money from and that too on a temporary basis.
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