How to make money from your home while travelling

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While many of us have travel plans on hold we are starting to look to the future and make loose plans for the year ahead in the hopes some kind of normality will return. For many, this period has made people reassess their priorities and what they want to do with their lives. Yes, it's been a financial strain for many, which could make the idea of selling it all and travelling the world with a backpack even more appealing. Although you don't need to sell your home if your a homeowner, instead make your property work for you and possibly help fund those travel plans at the same time.

1. Sign up to Airbnb

Airbnb has quickly become one of the most popular and well-known booking sites, making it easy for the average homeowner to sign up and start renting out their spare room or whole place, as the click of a button. The one great thing about listing your home to rent on Airbnb is the flexibility (along with security measures) so you can rent your home out for short stays, meaning if you cut your trip early you can come back and not have to wait months to for the tenants to leave. You can get someone to manage your bookings while you are away and it's a nice easy way to earn from your property. 

2. Rent out your driveaway

This is a very easy way to make extra money while your travelling as there is no need to access the home and with parking spaces in demand especially if you live near a city, train station or sports ground so this is definitely one to consider. Renting out your driveway is really easy but as always it's best to go through the proper channels - I recommend checking out Park on my drive and Just Park.

3. Offer storage space

Do you have space in your garage, attic or spare room that you could offer us as storage space? Well if so services such as Store Mates can help connect you with people who need a safe place to store their goods. For the most part, this is an easy and unintrusive way to make a little extra money on the side but you do need to make sure your home is safe and secure at all times. 

2 extra ideas for when your saving to travel

Host an International Student - this is both a culturally educational experience and a financially incentive one and perfect for when your saving to go away. It's pretty easy to find establishments looking for host families, I live near a University and I've seen them advertising for this before, also contacting places like language schools isn't a bad idea either. There are some online websites that also help such as Bright World. Do note that you will need to have a background check and house inspection before becoming a host family but the remuneration is usually fairly generous. 

Rent out your home as a filming location - while this is unusual it can be very lucrative should your home be used as a film set, earning in the region of £1500 per day. The one downside, however, is that this can be quite intrusive and disruptive but in general does only take a few days and they are obliged to return the property the way they found it, plus is a really fun and interesting way to earn a little bit of money. If this tickles your interest then register your home at Shoot Factory or Lavish Locations.

Make sure your covered 

Before you do any of these things you have to make sure that you are properly covered with your home and contents insurance as your property is most likely your biggest investment and needs to have the right level of protection before renting it out to anyone else. You will need to do your research for this and go with a reputable company, try getting a landlord insurance quote for CIA which not only offers insurance should you want to rent out your property long term to a tenant but also for holiday home lets and unoccupied properties should renting it out not take your fancy. They also offer Landlords content insurance which helps to cover things like furniture and furnishings, suitable for furnished and semi-furnished homes, covering everything from carpets to tables and chairs, meaning the little accidents in life stay just that, little.