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Real Estate Information |
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Make Your House Earn Its Keep
Did you realise that there is a lot you can do get an income from what is probably your most valuable asset? Not only is your property a great (long-term) investment, your home could also bring you an income while you are still living in it. Here are some ideas to make your property really earn its keep. Does your property have a spare room? Firstly, in the UK did you realise that you can rent out a room in your house and not be liable for Income Tax on the rental income up to £4,250 per year? The scheme is called Rent a Room and applies to someone who lives as a lodger in your house. The lodger would be someone who shares your facilities and would have meals provided. The scheme was set up by the government to help alleviate the huge shortage of affordable housing in the UK. As well as advertising your room in your local newspaper or newsagent's window make sure that you ask around where you work and play! This scheme is particularly suited to people who live a long way from their place of work and only need rent somewhere to stay during the week. You would have a lodger that you knew and you would also get your weekends back for some privacy. A fun way to make some money from your home is to hire it out as a film location. It does not need to be a mansion or stately home of the type seen in costume dramas. For example, the house of Harry Potter's cruel Aunt and Uncle used for the films is on an ordinary housing estate in Bracknell, Berkshire, UK, and trust me it doesn't get much less glamorous than that! Think of all the shots in TV shows that are filmed in ordinary streets - only long running soaps have their own sets built for constant use. Recently we saw the staff of a local estate agent packing up their files and moving out. Thinking that the local housing market wasn't that bad, we asked what was going on. A film company has seen their shop front and decided it was perfect for a few scenes in the film they were making nearby! The easiest way to get your home on TV is to register your home with an agency which specialises in finding properties for TV and films, most will add you to their database for free, only taking a fee where your property is actually used for filming. It may not be a regular form of income but you could have the cream of Hollywood sitting in your living room! Copyright Jacqui O'Brien 2005 Jacqui O'Brien is the editor of http://www.ahomeofmyown.co.uk, the directory of UK Private Seller property websites where you can also list your FSBO property for sale free.
MORE RESOURCES: Russian Demand for U.S. Real Estate Surges 78.5% The Moscow Times What renters really want | Real Estate Newsletter Inquirer.com WA real estate firm fired woman for reporting harassment, lawsuit says The Seattle Times NYC Real-Estate Execs Throw Money Behind Adams to Counter Rise of Mamdani The Wall Street Journal Commercial real estate update: As big box brands buckle, the three A's can save the day Tallahassee Democrat Real estate investors are purchasing more U.S. homes as high prices lock out would-be buyers CBS News Livvy Dunne Tried to Buy Babe Ruth’s Former Apartment. An N.Y.C. Co-op Board Said ‘No’. The New York Times A tale of two Floridas: Real estate industry torn over DeSantis' push to eliminate property taxes Fox Business Luxury Real Estate Company Unveils ‘Flathead Lake Club’ Proposal in Lakeside at First Public Hearing Flathead Beacon Banner Real Estate Group breaks ground on The Faywell multifamily community in downtown Wheaton Chicago Agent Magazine ‘It’s all looking great’ for the M’s of M2 Property Group in Texas Real Estate News by RealEstateNews.com DDN: Judgment filed in Wright State’s real estate arm case Wright State University Homes for Sale in Manhattan and Brooklyn The New York Times ‘Ongoing stagnation’: Real estate fundraising stays muted in H1 Private Equity Real Estate | PERE Milestone Real Estate owner realizes dream with Downtown Fresno office thebusinessjournal.com News of public record: Coshocton County real estate transfers Coshocton Tribune Berkshire region real estate sales – July 11, 2025 The Berkshire Edge Lee & James Real Estate Photography Launches Back-to-School Special for Portland Area Realtors Akron Beacon Journal Hybrid ‘buyer agent’ blends AI with the human touch Real Estate News by RealEstateNews.com Real Estate: June 2025 Coronado Market Update Coronado Times Real Estate Minute – 07-10-2025 Texomashomepage.com Current Real Estate Roundup - July 10, 2025 Nantucket Current ARX Launches First PPE Brand Designed Specifically for Women, Redefining Safety on the Jobsite Boston Real Estate Times Amazon has profoundly changed Polk's industrial market The Business Journals As Sovereign Debt Loses Its Luster, Economist Sees Investors Turning to Real Estate and Other Hard Assets Urban Land Magazine $400 Million Family Lawsuit Involving Prominent Fullerton Real Estate Figures Part 2 Fullerton Observer Saudi Arabia Enacts New Real Estate Foreign Ownership Law: A Calibrated Opening for Foreign Investors The National Law Review Is private real estate underestimating risk for US life sciences? Private Equity Real Estate | PERE Leading Index for Commercial Real Estate Increased 7% in June Calculated Risk Signs of Recovery: Boston Lab Market Shows Momentum in Q2: JLL Report Boston Real Estate Times Mom, I’m Going Into Real Estate The Jewish Link Department of Taxation and Finance dos.ny.gov Real Estate Roundup: YKK Sells Anaheim Building for $39 Million Orange County Business Journal Guest view: The renaissance of necessity retail real estate IPE Real Assets Mayer Brown Adds Gabe Steffens as Real Estate Partner in LA Bloomberg Law News Providence Hill Real Estate owners buy office building near Tuckahoe HQ Richmond BizSense As Californians Fought Corporate Landlords, YIMBY Action Partied with Big Real Estate’s Cash CityWatch LA Zillow vs. Compass: Real Estate’s Ultimate Showdown (and Why You Need a Pro in Your Corner) Alexandria Living Magazine CNBC is expanding its real estate coverage Talking Biz News Real estate CEO warns of growing ‘exodus’ as people have ‘given up’ on California — but where are they going? Yahoo Finance Real estate boss targeted in San Francisco with smear campaign The San Francisco Standard Lancaster County hits new real estate record LancasterOnline Where are home prices falling most in America? This SWFL community made top of the list Naples Daily News Report: 7 of 12 Luzerne County school districts increased real estate taxes for 2025-26 The Sunday Dispatch Confusing housing stats & real estate nerds Sacramento Appraisal Blog Report: Leasing lags, but Dayton bets big on defense and development The Business Journals Fetner, MCB Real Estate, Farallon Capital Buy 240 Willoughby Street for $210M Commercial Observer How Egypt's Capital is Becoming the Epicenter of Real Estate Transformation in the Region Entrepreneur Apartment investor closes second funding round at $373 million The Business Journals |
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