How to boost your revenue with your unused spaces!
Have you got some space on your property in your house or know someone who does? Read on.
The way smarter spaces can sell space is through independent entities identifying their spare space whether it be in an office, warehouse, club house or even a blank wall in a café. People are always looking to promote a particular product they are selling. An example could be a local artist’s paintings, which can be displayed on an advertised wall in a café, which has been listed on the Smarter Spaces Website.
If you have any space whether it be a spare carport down the side of your house or even a jetty on your residence where someone can park their Boat or Jet ski, the leasing periods can be negotiable. If you only have a designated time period where this space can be used, this may be a good opportunity for someone who is on holiday’s who is looking for somewhere temporary to keep their Boat or Jet Ski if the facilities are available.
Your spare space might be the perfect storage solution someone else is willing to pay for.
By optimizing your free space, you can make revenue on otherwise unused and wasted spaces. No matter how small you think your space may be, there is always someone looking for a space and we want to help you maximise your space and revenue.
Top 3 Ways of Making Money from your Vacant Land
Without any doubt, real estate is a solid investment which pays you back for the lifetime. People spend their life’s savings in buying a piece of land. So, in that case, investing in the real estate becomes difficult. However, people who have got the spaces do not know the art of making money from that investment. So, the question comes, how can you make money from that vacant piece of land? And, the answers are numerous, because the ways to do so are endless.
Lease it for storage:
Businessmen are always in search of the space, as they have got plenty of stuff to store. So, if you have got the space you can lend it to any businessman who is in need to store his products and can use your space efficiently.
To illustrate: Suppose you have a vacant space near the production houses, your space will be in demand as the producers are in need of space to store their produced material or the raw material. So, this way that empty space can serve as a store to the tenant and a good source of income for you.
Parking Space:
The sale of the vehicles in the cities is increasing abundantly. And, with that there is a need to park those vehicles. It’s literally a great way of earning money by renting your space for parking. Moreover, if the land is near the hospital or the educational institutions, the profit increases. The higher the number of vehicles, the higher will be the income. So, a land that was of no use will be a shed to thousands of vehicles and a good source of passive income for the investor.
For Seminars and Promotions:
Today, every business is growing globally and to aware people about your existence, it is really important to promote it efficiently. The companies are taking many initiatives to be in the air. They are participating in the conferences, seminars and hence are in need of the space. Their need and the standard of Business enforce them to pay higher for your space, which loads your pocket with the profits. So, you can offer your free place to those people.
This way, you can easily make out money from the vacant space. It is a kind of passive investment which hardly asks for your involvement or the active work for it. All you need to do is; examine the nature of the place and use it smartly. And once you are done with it, there starts the permanent source of income from that resource which was ineffective so far.