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These homeowners are ‘hacking' their pools and lawns to earn extra cash

·1 min

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The first time a homeowner rented out their Baltimore home on a marketplace for renting spaces by the hour, a film crew and a celebrity arrived to shoot a commercial. Since then, the homeowner has rented out their home for various events, earning enough to cover their mortgage payment for that month. Homeowners have been presented with opportunities to monetize their assets further by renting out portions of their homes on a shorter-term basis. Platforms like Swimply offer private pool rentals, allowing homeowners to earn extra income. Homeowners are also using other marketplaces to rent out their tennis courts, driveways, and other spaces. The rising cost of homeownership has led to more people monetizing their homes, and platforms like Peerspace have seen a significant increase in active listings. Besides earning extra income, homeowners have also found a sense of community through these rental experiences.