What: An app that helps you rent out your parking space, garage or driveway
Expected pay: Varies by location
Commissions & Fees: 16% of the rental amount, plus a 3% PayPal fee
Where: Most major cities in the U.S., as well as Europe, South America, Asia, Australia and New Zealand
Requirements: Be 18 or older; a smartphone; have a space to rent and an email address to communicate with renters and the site.
Review:
PROS:
- List your space for free
- Decide the terms of when you want to rent your space (hourly, daily, weekly, or monthly)
- You set the price
- The site connects renters and owners via email
- The site will take a 16% fee and Paypal charges a 3% fee to get money transferred to your bank account.
- CurbFlip does not have a cancellation policy for you or renters, but you can specify a cancellation fee if you desire.
CONS:
- None found
If you rent out any portion of your home or property, make sure you have liability insurance in case someone gets hurt and tries to sue. Most personal insurance policies exclude “commercial” liability but will issue a rider on a personal policy to cover this risk. (See Insurance tips)
Also check out Pavemint
