We know that you have a big question. How can you rent your own home office? We bet you are not working 7/24 at your home office, so why don’t make some money with this unused, nicely decorated and productive home office by renting it? We will show you how simple and profitable renting is in this blog, keep reading.
As your first step, you will need to have your home office ready to use. If you have your own working materials all over the place or you don’t keep your home office clean, be sure that your renter will not be pleasant. Try to make a schedule for cleaning between the rentals.
Secondly, you need to determine the rent of your home office. You can check out the other home office owners’ rental prices around your area, but there are some other points you need to check. If your place is close to a train station or has a garage, this is an advantage to rent your place, however, if your home office is just a small room with a desk and a chair, it’s better you keep the price lower. There are many other examples that can affect the rental value of your home office, so determine the price wisely.
The third case is advertising. You can tell that you are renting your home office to the people around you. Well, this is the hard way of advertising your home office and rent it, but it can work if you have friends or relatives looking for a space to work. Or you can advertise on your city’s “Office and Commercial” board, community newspaper, etc. But it may also take some time for you to rent your home office since people are getting digital, so you should think out of the box.
How to rent your home office?
To advertise and rent your home office, you can simply use seatspace.co , by using it, you will not need to worry about your renter’s references, rental agreements, schedules, etc. Seatspace.co offers you to advertise and rent your home office, make the agreement, get the payment. It also allows you to see your renters stars and rate them etc. The renters also can see your home office’s stars and rate you back, so to keep your stars high, you should be a good host too. You can rent your home office for some days or more than one month, it is just up to you. Since there are many renter’s take place in seatspace.co, you will find the renter for your home office easily. There are plenty of other advantages comparing to the newspapers, “Office and Commercial” boards or telling your friends. You can make great money if you can just prepare the right schedule and share the nice photos of your home office.
If you want to rent your home office on your own, let’s move on with the fourth step. You should invite renters to show your home office and ask some questions to get to know them, because who would like to host a risky person? After you both get into an agreement for the rent, you may ask them about their personal information like contact information, business information, social security number, etc. Note them down correctly, you should not lose contact with the person to take the rent payment or cancelling the rental. Then you should both sign the rental agreement. So that if the renter breaks the clauses of the rental agreement, you can eject them and sue for owed rent, or if you changed the schedule without informing your renter, didn’t give the keys to them, etc., they should have the right not to pay the rent. Be careful with the agreement clauses, it needs to preserve both sides’ rights.
How to rent your home office?
The last step is making the payment. We offer you to make a deposit before they rent your place, because the renter may not show up without any excuse or even with an excuse, you should decide whether you take charge or not in those kinds of situations. So you better also mention them in the rental agreement with the percentages of the rental amount and the payment method too. You can get the payment by hand before the renter leaves or after. This is also up to you.
If you want to avoid all those steps like agreement, payment, advertisement, paperwork steps, you have the chance to join seatspace.co now.
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