{"id":15678,"date":"2025-01-30T16:26:28","date_gmt":"2025-01-30T23:26:28","guid":{"rendered":"https:\/\/www.neighbor.com\/storage-blog\/?p=15678"},"modified":"2025-01-30T17:38:38","modified_gmt":"2025-01-31T00:38:38","slug":"how-to-make-money-from-vacant-rental-properties","status":"publish","type":"post","link":"https:\/\/www.neighbor.com\/storage-blog\/how-to-make-money-from-vacant-rental-properties\/","title":{"rendered":"7 Ways to Make Money Off a Vacant Rental Property\u00a0"},"content":{"rendered":"\n

Dear Neighbor,<\/em><\/p>\n\n\n\n

I own four different rental properties and have never had issues filling them…until about six months ago. One property is on a lake, one is in the deeper in the country, and two are townhouses in the heart of downtown. For whatever reason, there aren’t many people looking to rent in the area, and they’ve sat empty during that entire six-month stretch. <\/em><\/p>\n\n\n\n

My question to you is:<\/em> If I can’t find renters to live in my properties, are there ways I can offset this lost rental income?<\/em><\/strong> <\/em><\/p>\n\n\n\n

Any advice on monetizing a vacant rental is welcome<\/strong>! At this point, I’m willing to try just about anything if it means attracting prospective tenants. I would hate to have to sell one (or more) of them just because I can’t find a renter. <\/em><\/p>\n\n\n\n

Thanks!  <\/em><\/p>\n\n\n\n

Ideas for Monetizing an Empty Rental Property  <\/h2>\n\n\n\n

Dear, Property Owner<\/em><\/p>\n\n\n\n

Thanks so much for reaching out with your concern! Unfortunately, you’re not the only one having trouble finding tenants for a vacant property. <\/em>Apartment construction reached record highs<\/em><\/a> toward the end of 2024. This oversaturation of supply resulted in a more competitive environment between property managers striving for full occupancy. But fear not! We have a few great ideas for generating rental income on that vacant property. <\/em><\/p>\n\n\n\n

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Can we pay you to store vehicles?<\/h2>\r\n <\/header>\r\n
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List your unused space<\/h3>\r\n

People are earning $1,000s per year from their garages and outdoor space.<\/p>\r\n <\/div>\r\n

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Approve your renters<\/h3>\r\n

You're in control. Approve who rents and the hours of access.<\/p>\r\n <\/div>\r\n

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Get paid monthly<\/h3>\r\n

Sit back and collect automatic payments each month.<\/p>\r\n <\/div>\r\n <\/section>\r\n