10 Way to Make Money sitting at Home.

How to Make Money Sitting at Home

We are going to extensively discuss different ways you can make money sitting at home or working from home in the 21^st century.

The following are various ways to start making money from home legitimately, you can get a second job at the comfort of your home, launch a full-time solo career, even start your own small business – all from the comfort of your home.

Some of these opportunities revolve around hobbies you already developed without economic gain but they have significant money-making potential.

Be careful to avoid some work from home scams that may cost you money rather than earn you money.

1. Rent Out Extra Space in Your Home

If you have space sitting unused in your home, consider renting it to tenants to make money. You don’t have to find a long-term tenant to earn income from your home’s unused spaces. Mobile Apps like Airbnb, Vrbo, and HomeAway let you rent out your home to business and leisure travelers on a nightly or daily basis.

Depending on prevailing rents in your local market and your space’s size, amenities, and privacy, you could earn anywhere from $30 or $40 to $400 or more per night. This is the ultimate passive income side hustle. Before listing your space for rent, check your local regulations, determine your pet policy (allowed or not allowed), and determine the fees you will charge for cleaning and potential damage.

However, if you do not want to have tenants, but you have an underutilized garage, shed, basement, etc., then you are a good fit for Neighbor.com, a peer-to-peer platform that connects folks who need extra storage space with those who have it in spades and aren’t utilizing it.

Neighbor.com advertises rental rates at 50% of the going rate for self-storage units, although you will earn a bit less than that after the platform takes its cut. Still, that’s quite a bit of passive income for doing basically nothing at all.

2. Sell Your Unwanted and Unused Stuff Online.

Selling your unwanted items is a great way to decongest your space and is one of the best ways to make money from home.

Examples may include old kids’ clothing and toys, sporting equipment’s you no longer use, out-of-fashion wardrobe accessories, antiques, electronics, watches and jewelry, old furniture, dusty tools, outdoor equipment, motorcycle or used cars.

You can retail your used items in several places while sitting at the comfort of your home, including digital marketplaces like Amazon, Propertylistng.com and Amazon or even Facebook Marketplace. These Marketplaces offer an array of tools and capabilities for merchants, though you may have to pay commission for a few, at around 10% of the sales price on eBay and between about 6% and 20% of the sales price on Amazon.

Other strong choices include Craigslist for occasional sellers and marketplaces like SellCell, Gazelle, and Declutter for high-margin electronics sellers.

3. Make and Sell Your Crafts Online:

The sky is your limit if you are at-home crafter. Running a successful at-home crafts business no longer means carrying your wares to the markets every weekend or begging for space at your local art gallery. All you need is a reliable Internet connection, a decent mobile phone camera, and a little startup fund.

Platforms where you can sell your craft online include:

Etsy. Selling your craft on Etsy is a fantastic way to monetize your crafting hobby. It has a transaction fee of about 5.5%, so it’s along the lines of eBay, Propertylistng.com and Amazon but with a more focused approach on craft.

E-Commerce Portals. You can launch your own website and become an owner of an e-commerce platform where you can sell your products designed and crafted by you.  You can build an d and maintain an e-commerce website with little amount of money on the WordPress open source.  Shopify is a nice place to host an ecommerce website but it has a monthly subscription.

Niche Websites. Depending on what you are selling, niche websites can be more affordable and more effective than Etsy and on-site e-commerce portals.

4. Retail Arbitrage

Buy low, sell higher” is an expression more commonly heard in the noisy bullpen of an investment bank or brokerage house than the relative quiet of one’s home office.

However, retail arbitrage has become one of the top careers for self-employed introverts. To succeed at retail arbitrage, you must buy products for pennies on the dollar at auctions, from online retailers, even at garage and yard sales, and then sell them online and make profit.

5. Sell Your Cooking Skill:

Today, you can run a small-scale eatery and earn a reasonable profit without leaving your home. The secret is a rapidly multiplying group of meal-sharing startups connecting budding chefs with hungry diners willing to shell out money for authentic, restaurant-quality home cooking.

The food service industry is heavily regulated, and many jurisdictions make it all but impossible for home cooks to profit from their passions but in so many regions and countries you can make your foods an supply via courier services.

Depending on your platform choice, guest capacity, and local market, you can expect to rake in anywhere from $50 to several hundred dollars per meal after accounting for expenses. Hosting opportunities are more plentiful in major cities.

6. Rent Out Your Car

If you have a personal vehicle, you can rent out your car to travelers and people who don’t own their own cars without getting behind the wheel or even leaving your home.

There are so many car rental mobile application, however, before choosing one, ensure they provide adequate insurance and vet their renters carefully before matching you with a potential client.

7. Rent Out a Parking Spot

In crowded cities like Lagos, Chicago and Boston, parking spaces are valuable commodities. If you’re fortunate enough to own or have guaranteed access to an on- or off-street parking space, you can earn money by renting your parking space out to folks visiting or passing through your neighborhood.

You can check out Neighbor.com, an increasingly popular app that connects drivers and parking spot owners in the same way Airbnb connects travelers and homeowners. Neighbor.com won’t make you rich overnight, but it could help you earn a few hundred bucks per month on an in-demand parking spot.

8. Take Online Surveys:

Online surveys and focus groups are great ways to earn money from home. You can take surveys in your free time anywhere you have an internet connection and earn money. Surveys can take only a few minutes or up to an hour; the more in-depth the survey, the more they pay, but most are only a couple minutes long to complete.

You won’t get rich taking online surveys, as they pay a few cents to $5 dollars each, on average. Focus groups may pay more, but they require more of your time and you must participate face-to-face, either in-person or via video chat. They can pay $100 or more, depending on the group.

9. Make Money Blogging:

Blogging is a great way to make money today. If you have ideas and expertise to share on a niche then consider starting a blog. Before starting a blog, check out what your target audience already has at their disposal and determine what you can do differently.

There’s no right or wrong way to blog as long as you use keywords and provide relevant and valuable content that excites your audience. The larger the audience you build, the more income-producing opportunities you have, such as affiliate marketing, sponsorships, and pay-per-click advertising.