Rent out unused space
More and more travelers are snubbing hotels and gravitating to homey, more affordable accommodations. If you have an unused bedroom or vacant mother-in-law suite, you could make a killing by renting it out using Airbnb.
The Airbnb site thoroughly explains the requirements and offers tips for getting the best prices. Airbnb runs checks on potential guests, but maintaining a rental property is never without risks. Be sure you understand what’s involved.