From Property Talk Community Wiki
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Storage Rental
This is a novel strategy which involves converting a residential property into a partly commercial property for cashflow reasons. The essence of this strategy is to allow others to store materials on the property in return for payment. This may be done using an existing structure such as a garage, or purpose built units may be erected.
It should be noted that local by-laws and regulations may apply. Likewise liability for the goods stored on the property maybe incurred which could have insurance ramifications. Be sure to check with the appropriate insurance company about such a proposal, before entering in to a lease.


