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What Is the Neighbor App?
Neighbor lets you rent out space around your home or store stuff with a neighbor. Securely and easily find cheap storage, or list your unused space for rent and start making passive income.
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What Is a Neighbor Host?
A Neighbor host uses the online platform Neighbor to rent out extra storage space, such as a garage, basement, or parking spot.
Types Of Spaces You Can Rent Out on the Neighbor App
- Garage.
- Driveway.
- Parking Lot.
- Basement.
- Bedroom.
- Shed.
- Warehouse.
- Carport.
- Self-storage unit.
- Closet.
- Attic.
- Street parking.
- Shipping container.
- Unpaved lot.
- and more.
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How Does the Neighbor App Work for Host?
- List Your Space: Create a free listing by taking photos and adding the dimensions of your unoccupied areas (e.g., a spare closet, garage, driveway, shed, or empty lot).
- Set Your Rules: Decide what items you will accept, the pricing (Neighbor will suggest a rate), and when renters can access their stored belongings
- Manage Requests: Review your reservation requests and approve or deny them. You can utilize tools like automatic welcome messages directly from the app to stay in touch.
- Host Protections: Hosts are supported by a $1 Million Host Guarantee for personal liability, as well as Host Payout Protection, which covers up to two months of lost rent if a renter stops paying.
How Much Can You Make as a Neighbor Host?
Well, it really all depends on the size of your listing and your price. However, hosts can make anywhere from $50 to $600 per month. Neighbor will send payments via direct deposit using a PCI-compliant payment platform.
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Requirements to Become a Neighbor Host
- You must be 18 years or older.
- Have storage or parking space available for rent.
- Agree not to discriminate.
Pros of the Neighbor App for Host
- Hosts can earn money from unused space with minimal effort.
- The Neighbor platform manages rent collection and payouts, streamlining the process for hosts.
- The Neighbor platform provides liability protection for hosts, covering potential damage or theft.
- Listing space on Neighbor is free; the platform only collects a processing fee when you receive a payout.
- Neighbor requires identity verification for both hosts and renters, thereby enhancing overall trust and security.
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Cons of the Neighbor App for Host
- Neighbor charges host a processing fee of 4.9% plus $0.30 on each reservation.
- Hosts need to control renter access to their space, which may require coordination and potentially restricting access times.
- Despite having insurance, hosts still need to deal with potential damage or issues involving renters or their belongings.
Sign Up to Be a Neighbor Host
Still Interested in becoming a host for Neighbor? Click here to start the signup process.
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Final Thoughts
Hosting on Neighbor is a fantastic, low-effort way to turn your unused residential space into passive income.
Download The App And Visit Their Website
| App Store | Google Play | Website |
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Disclaimer
I do not work for or represent Neighbor. This page was created to inform individuals interested in becoming a Host for the Neighbor app.
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