CurbFlip

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

Related Posts

ParqEx

ParqEx

What: An online platform where you can list your garage, driveway or parking space to rent Expected pay: Varies by...

Pavemint

Pavemint

What: An online platform and mobile app enabling vehicle owners and parking space holders to connect, reserve and...