Looking for a way to make more money this summer?
If you have a love for water and an entrepreneurial spirit, there are several ways to bring in some extra cash before the leaves start to turn. And even longer if you live year-round in hot places like Florida, Arizona, Hawaii, and Southern California, among others. Moreover, with above average temperatures in 2022 for much of the country, it looks like there will be plenty of people wanting to cool off and relax.
If you have a maritime property, you can rent it out to those looking for outdoor adventure. Or, you can go to water places to teach others how to enjoy the water themselves.
Here are four side activities that can help you monetize your love of water.
Rent your swimming pool
Do you have an oasis in your garden? You can rent it for extra money this summer with Swimply — the Airbnb of private swimming pools. The amount you can earn varies depending on location and your property. For example, in Los Angeles, some of the most popular ads start at $75 per hour, although most run around $60.
And if you have a great apartment to rent, maybe you can charge $200 per hour for up to 100 people as the owner does at this private estate in Bal Harbour, Florida. Optional lighted tennis court.
Joining Swimply is free, but you will be charged a 15% service fee at time of booking. After signing up, you’ll add a description and pictures of your pool, which Swimply says can take less than five minutes. You will then set the price of the hour of rental of your swimming pool. The pools with restrooms available to guests reserve for the higher rates. If you don’t want to let guests into your home, Swimply offers the option of renting portable toilets from one of their partners.
Customers will pay in full at the time of booking, passing the profits on to you once Swimply has met its service fee.
As long as your pool is located in the United States, Swimply offers liability insurance up to $1 million with an essential deductible of $250-$500 for you as a host. Your property will be covered for up to $10,000 in the event of damage caused by your pool tenants.
Rent your boat
If you have a boat, you can lend it to those looking for a nautical adventure. The GetMyBoat app connects you with those who want to rent and even allows you to add your own services as a captain if you wish.
Currently, GetMyBoat allows personal watercraft owners to rent their:
- jet skis
- paddle boards
The amount you can charge varies greatly depending on your watercraft. In the best cities on GetMyBoat, you can currently rent a pontoon for $50 per hour or a yacht for $1,000 per hour.
You can also run your own charter if you have a fishing boat, whale watching boat or want to take people scuba diving.
At the time of booking, the tenant must pay in full. GetMyBoat takes an 8.5% commission from you as the host and a 7.5% commission from the guest. GetMyBoat does not provide insurance, but you can charge a security deposit which will only be applied after the rental if you encounter any problems.
Become a traveling swimming instructor
If you’re good with kids and enjoy teaching, you might also consider a side hustle as a traveling swim instructor. In this position, you travel to local neighborhood pools or private pools in clients’ backyards to provide swimming lessons.
These companies connect teachers and students’ families:
Depending on the company you use and your level of experience, you can make $15 per hour to $60 per hour.
Create an Airbnb experience
You know your locality better than anyone. You can use this knowledge to host an Airbnb experience for out-of-town visitors to your local body of water. Whether you want to lead a kayaking trip in your local lagoon or host a summer river cruise, getting listed as an Airbnb Experience can be a great way to earn some extra cash.
Airbnb provides $1 million liability insurance for most accidents outside of driving or flying. When a guest books your experience, Airbnb will charge a 20% fee.
More information about Airbnb how to become a host.
Brynne Conroy, a Pittsburgh-based writer, is the founder of the blog Femme Frugality and the author of “The Feminist Financial Handbook.” She is a regular contributor to The Penny Hoarder.