renting out detached garage for storage

[Charlie Lockwood]

Good Morning BP community, 

   Question- has anyone rented out their detached garage as storage? I know there are some apps that allow you to do this. 

For some context- I have a SFR that i've had rented out for almost two years with pretty good tenants. My current rent is on par with rent in the area and I don't think I'll be able to raise it much (if any) this year.

I've noticed my tenants don't use the detached garage. 

I was considering when this lease is up, renting out the SFR w/o access to the garage, and then renting the detached garage (with alley access so wouldn't disturb tenants). The purpose being to try and maximize cash flow on the property.

Thoughts? Things to consider? 

[Trevor Schmitt]

This could be a nice little cash booster for you! Depending on the size/condition of the garage, you could store peoples motorcycles/cars/boats/etc... the best place to market that IMO would be through FB marketplace, local newspapers, craigslist, and any other local market forums. You would assuredly get some leads if the space were suitable! 

One thing to consider and check on is what type of insurance policy you would want to keep if you were to store what was mentioned above. Definitely talk to your insurance agent about that!