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Cash, Clutter, Garage

Transform A Cluttered Garage Into Cash

2019-03-22T12:00:00

From Chaos To Cash


"All great changes are preceded by chaos." - Deepak Chopra

Got a garage? Good. Do you park your car in it? No? Well, you're not alone! About 1 in 4 Americans say their garage is so cluttered they can't use it even for one car. If yours is full of junk, it's not doing any good. Have you ever thought about making that space earn money?

cluttered garageOne simple way to do this is to rent your garage. Nowadays, people accumulate so many things that they need to rent storage units for their excess stuff. You could buck that trend by clearing out your garage and renting it! There are many reasons why your garage can be prime Ohio territory for rentable storage. In Northeast Ohio, Gear heads in Cuyahoga might want somewhere to house their restored beauty (and work on it). A Medina plumber might like to store their tools and equipment there. A Hudson family selling their home may need a temporary space to put excess furniture. There are many uses for an empty garage, and consumers looking to utilize them!

So, where to start? Take a look at this checklist:

Research

If you have an HOA or landlord, ask if renting your garage is permissible. If you don't know how much you should charge, find out what comparable storage in your area is worth. Your local Ohio (Akron, Cleveland, or Parma) Craigslist ads might help give you an idea about that. A consult with a local (Parma or Hudson) real estate lawyer can also help you understand how you can rent your garage safely and legally.

Clean and Store

Cleanout is a chore, especially if your garage has been snowed under for years. Here is where the professionals at Bin There Dump That can help you sort this unpleasant task. Our Dumpster Consultants will get you set up with a Bin appropriate to your needs, and get it to you right away! So you can free yourself from the figure skates your daughter had when she was ten, the unused exercise machine (we know you have one), and the boxes of Christmas decorations your great aunt gave you when she moved into Assisted Living. Time to dive into the hidden corners and get excavating! Once you have everything cleaned and squared away, invest a little elbow grease and give it a good scrub. Make sure the garage door opener is in proper working condition. A clean, well-organized garage makes a great impression on a potential renter. It can make a difference of 10-20% on the rent you can charge.

Rent!

Here's where the tricky part begins. You can manage the rental yourself, or you can hire a company to broker the rental deals for you. If you're doing it yourself, have that expert real estate lawyer you consulted help you write a contract. Alternatively, for a small fee, a service like GaragePointer, Garagetime, or Spacer can help you get connected with an interested Ohio renter.


A two car garage makes up around 13-15% of the overall square footage in an average sized home. So what's stopping you? Get that space cleaned out and making money for you today!