There are many benefits to renting out a spare room, such as increasing your income and offsetting your mortgage costs. But what should you do with the belongings that usually occupy that space? The answer is to keep them in a self storage unit.
Unlike a garage or basement, a storage unit is a dedicated space designed to keep your furniture, decorations, clothes, and more organized and out of the way. A specialized climate-controlled storage unit even provides a stable environment 24/7 for musical instruments, electronics, and other items that extreme temperatures can damage.
Read on to learn more about using self storage while renting out a spare room!
Choose the Right Size for Spare Room Self Storage
Be strategic about the storage unit size you rent—you don’t want to take away from the income generated by your spare room by choosing too much storage space. If you’re planning to leave furniture in the spare room and just need to move your personal decorations and clothes out, we recommend a 5×5 storage unit. This option is equivalent to a walk-in closet, making it ideal for smaller storage needs.
If you plan to have your spare room tenant furnish their new home, consider a 5×10 or 10×10 storage unit for relocating your own bed frame, mattress, dresser, and other large furniture.
Find a Storage Unit With Month-to-Month Leasing
Flexibility is vital when you’re renting out a spare room, as some renters may need a short-term home or end their lease prematurely, or you plan to only rent out the space seasonally. Instead of locking yourself into a long-term lease, choose a storage facility that offers month-to-month leasing. That way, you can assess your self storage needs on a monthly basis to match your spare room rental plans.
Look for Storage Facilities With Security Measures
When you’re looking for a home away from home for your personal belongings, choose a storage facility that offers reassuring security measures, such as a fully fenced perimeter, electronic gate access, and digital video recording cameras. Some storage facilities even offer 24-hour access, allowing you to reach your belongings at any time.
Simplify Renting Out a Spare Room With Compass Self Storage
Renting out a spare room doesn’t have to mean giving up personal belongings or cluttering the rest of your home. With Compass Self Storage, you can welcome your guests and stay organized with our wide selection of storage units and helpful features, like climate-controlled storage and month-to-month leases. Find your nearest Compass Self Storage facility or explore our unit size guide to find your ideal solution today!
