Having a larger backyard can mean more expenses for you to worry about. There is maintenance and upkeep that you should consider, which can cause a dent in your wallet. However, you can make money with your backyard with the following unique ideas!
Sell Your Extra Produce
With organic fruits and vegetables being all the rage, turn your garden into profit without leaving your home. If you grow your own vegetables and/or fruits, sell the surplus to neighbors, friends, family, and coworkers. Maybe you happen to have apple or pear trees producing more fruit than you can handle, so why not sell off the excess? Organic, seasonal produce can bring you a pretty penny, especially rarer varieties that may be hard to find elsewhere.
Build a Tiny Rental House
Many cities around the country are relaxing on housing and zoning laws because of the shortage of rentals. In some areas, you are legally allowed to build a small “in-law quarters” in your backyard. Depending on the area you live in, you could easily rake in hundreds of extra dollars a month if you convert an existing building into a new living area or by building a completely new one.
Make Your Yard a Private Campground
Maybe you don’t want someone living permanently on your property, but what about renting out your space? If you live near convention centers, major hospitals, historical landmarks or national sports arenas, consider renting out a prefabricated shelter on your property. If you live near a natural wonder or gorgeous beach that tourists flock to, you could also rent your space to backpackers as a private campground via the website Hip Camp.
Sell Your Trees
If you have trees that are ready to come down, don’t just start chopping away! Call your local arborist to check if your tree is worth money. Many trees have resale value and you can make money and save time by calling a commercial landscaper to do the job for you.
When you have the room in your backyard, raising your own chickens can provide you with a large number of benefits. We all make food scraps, which chickens love to eat. In turn, you will get free eggs to enjoy, saving you the unnecessary expense of purchasing them from the store. Plus, they are completely organic and fresh! Before you invest in a chicken coop, check with your local town ordinance to make sure you are allowed to raise backyard chickens.
Raise Bees or Rent to a Beekeeper
Backyard beekeepers can earn thousands of dollars selling honey to their friends, coworkers, family and neighbors, as well as earn even more cash selling bees to local farms. If you don’t want the job yourself, look for a local beekeeper who will give you a percentage of their honey crop in exchange for the use of your land for a hive or two.
Sell Space to Garden
Not everyone has room or arable land to grow vegetables and fruit on. If you have the space, consider renting it out to those who want to grow their own food but don’t have the land.
Sell Vegetable Seedlings
Heirloom vegetable seeds are a great way to make some money off of your own crops. Many gardeners have discovered that they can sell seedlings for a major profit at farmers markets in their area. If you have the available space, this is an easy way to make some extra cash.
Set up a Photography Spot
If you have a beautiful backyard that should be in a magazine somewhere, consider renting the space as a background for pictures. Talk to wedding or event planners to see what type of profit you could make by renting the space for wedding or engagement photos.
There are lots of ways to begin making your existing environment work for you – but if you should find yourself in an unmanageable position, and need an emergency loan, BMG Money is here for you. Call us today at 877.280.9909 to discuss your options. We’ll assess your individual needs, and income, to make sure that your head stays above the water.