Need Quick Cash? You’ll Find It In Your Home

Need Quick Cash? You’ll Find It In Your Home

Cash a bit tight? Why not try looking in your home for it? I don’t mean searching down the back of your sofa for a few extra quid (although that could work!)

I mean getting some quite impressive sums of money from your home. Not sure what I’m talking about? Here are some ingenious ways of making money from your home.

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Find A Lodger
If you could do with an extra monthly income, you can always consider finding a lodger. A lodger is someone who will rent your spare room off you for a monthly rent. Some people rent out their extra room to a friend if they would rather not live with someone who they don’t already know. However, there are lots of easy ways of finding a lodger other than from your group of friends. Think about listing your spare room on local sites such as Craigslist.

 

Start A B&B Business
Some people are interested in renting out their spare room, but would rather not be stuck with the same person for a long period. If this sounds like you, you may prefer to turn your home into a B&B. This will be extremely lucrative if you live in a tourist destination. You will need to get your room up to scratch for guests first. To do this, you can contact bedding manufacturers for good quality linens and towels. It is also a good idea to add some guide books to the room to help guests find their way around the area.

 

Remortgage Your House
If finding a lodger or starting a B&B isn’t going to get you enough money by the time you need it, you could always try remortgaging your home. This allows you to borrow money against your property. Some people choose to remortgage their home because it allows them to streamline their debt and consolidate it all together. It also helps people get a better rate on the new mortgage. However, you should only do this if you are sure that it is the right step for you to take. If not, and you fall into even more debt, you could end up losing your house.

 

Blog About Your Home
There is a lot of money to be made from blogging. So why not start writing about your home? If you are a very creative person, you could start an interior design blog. You could cover topics from DIY projects to decor tips. If you want to, you could even blog about gardening. One quick way of making money is to start adding vlogs to your blog. Post these on YouTube and add adverts to them. If you get enough views, you will be able to make some cash from the advertisements.

 

Sell Old Things
Do you have a wardrobe that is filled with clothes you never wear? Then get rid of them by listing them on eBay. Not only this make money, but it will also free up storage space. If you have any old furniture, you could also sell that as well.