This Startup Wants To Help You Rent Your Garage Space
A new service is letting homeowners easily rent out their unused garages
Over the course of its short lifespan, Airbnb has empowered homeowners to make a quick buck by hosting their space for international guests, and travelers now have the luxury of seeing new landscapes through the eyes of their natives. While trekkers have to sacrifice various amenities found in most hotels, the upside is a generally more affordable stay, in a more intimate and welcoming environment. And given the success of the startup-turned-unicorn, many have attempted to copy the business model with varying success. One such startup is GaragePointer, the Airbnb for your garage.
Looking to contribute all the same to the sharing economy, GaragePointer wants garage owners to loan out their space in exchange for the Benjamins. For metropolitan areas where private garages are nonexistant, you could theoretically find a garage for your car on your own block, pass a renter-approval process, arrange payments with the garage owner and you’re good to go.
Still in its infancy, the company is going to launch pilot programs in California, Washington and Oregon this month for free, followed by a more aggressive nation-wide scale 60 days later. Listing your space will always be free, though the company takes a $20 flat rate per garage selection. Though this certainly isn’t the kind of business for everyone, car collectors with more cars than garage space can definitely benefit from this idea. Moreover, for those of us looking to downsize our collection, this can be the extra push we need to start doing so—there’s money to be made folks.