Renting your basement provides you with a stable passive income. Basement apartments are highly popular among tenants since they cost less but offer all commodities of a ground-level home. If you are willing to open your doors for a tenant, you can earn a minimum of $1,300 per month, depending on the location and amenities you offer. You can use this money to pay off your home renovation, mortgage, or achieve your personal goals.
Is it worth renting my basement?
