You’ve finally closed on the property of your dreams but the bills are a nightmare what to do? Here are some ideas (below) that could stick on these walls.
(1) Rent Space To A Professional– Many a doctor, therapist even Architect needs a place to call home from 9 to 5
(2) Museum/Not Profit Rental- Is there a room or space you can rent to a non-profit to help offset some costs?
(3) Hollywood Home- Could your space be used for film/movie or advertisement location? Yes, permits might have to be issued but only if it’s “public notice”
(4) Farming- Is it possible to have a cash crop on your land that not only pays your bills but is available for your kitchen table?
(5) College/Church/Internship- Is it possible that you can draw interns to help cut costs with upkeep by offering an internship for work? Could those facilities utilize your place to host a meeting event?
(6) Event Location- Who knows if a wedding, bar mitzvah or birthday could utilize your location to host their special event unless you let them know?
(7) AIRBNB/ Campground/VRBO- Whether you’re willing to have guests pay to stay in your house or utilize a tent-type location, this might help turn your land green.
(8) Rent Mailbox- It might not be a great deal of capital put in, but it could pay the landscape bill over time
(9) 2nd Mortgage/Open Line Of Credit- If time is your biggest concern then drawing out your payments might be the cure.
(10) Advertising Space- Is your house near a road where others might want to advertise their products or services, and if so, maybe it’s worth their expenditures?
