Renting out parking space for passive income

Augusta

VIP Contributor
You can make your spare idle space money spinning for you. Most importantly it can be a source of passive income for you. The thing is that a parking space that you’re not using can be used by someone else.

All you need do is to trade that spot for some cash. It could even be a permanent parking spot for some people where they pay some fees monthly or yearly depending on your agreement.

So you don't have to do much than just setting it -up if you have a larger area that could fit several cars. You divide the spot for each car owner and get payment on agreed period. With this money is made easy without having to be actively involved in any daily activities

What do you think?
 
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