Neighbor is a peer-to-peer self-storage app that allows you to lease out your unused area for semi-passive earnings. But is it definitely worth the problem? Is it secure? How does it even work?
In this Neighbor evaluate and incomes information, we”ll break everything down, including whether or not Neighbor is legit, who can join, how safe it is, how it works, the earning potential, and more. All backed by first-hand experience, reviews, insights, and data from real Neighbor.com hosts, users, and other sources around the web.
Key Points ⚡
|Location(s)||Canada, United States|
|Platform(s)||Android, iOS, Web|
|Ways to Earn||Renting space, referrals|
|Payout Options||Direct Deposit|
|Payment Speed||3 business days|
This Neighbor review/guide was written and researched by me (Dylan Houlihan).
As part of a continued effort, we’ve so far gathered a total of 11 Neighbor host reviews for the earnings data and other user insights in this guide. (Note that all earnings data is in USD)
What is Neighbor?
Neighbor is a peer-to-peer market that connects these trying to lease out their further area for cash to these in want of inexpensive storage. Some have referred to it because the “Airbnb of storage” and I’d say that is a fairly correct description.
We’ll go into extra element about how Neighbor works beneath.
About the Company
Is Neighbor Legit?
Yes, Neighbor is a legitimate company and a legitimate peer-to-peer storage marketplace. It’s been facilitating connections between storage owners and renters since 2017, the founders and team behind the company are easy to find, and it’s pretty clear the company has no intention of purposely scamming anyone.
Additional reasons why we don’t believe Neighbor is a scam?
- It’s free to sign up, list your space, and start earning
- The way Neighbor works is straightforward with helpful FAQs and documentation available to users
- Neighbor is active on social media and around the web
- There’s a dedicated support email and phone number on Neighbor’s site
- There are many reviews of Neighbor on the web
- It’s easy to get paid
I couldn’t find any red flags around Neighbor.
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Neighbor Payment Proof
We currently don’t have any Neighbor payment proofs to display. If you want to contribute one, contact us!
Who Can Join? (Requirements)
- Age requirement: Must be 18 years or older to register.
- Country requirements: Canada, United States
- Device requirements: Android, iOS, Web
- Payout requirements: Bank account. Read the cashing out section to learn more.
- Skill requirements: No special skills required.
- Other requirements: An empty space to rent out.
Conducted on November 24, 2021.
- SSL certificate? Yes.
- Personal data collected from Neighbor users:
- For registration: First name, last name, email address, phone number, street address (additional data may be collected if you sign up with a third-party service like Google or Facebook)
- For account verification: Photo of government issued ID
- Payment information
- Usage data (e.g. IP address, browser type, cookies, etc.)
- Do they share user data? In most cases, your information is kept confidential between you and Neighbor.com. Some data (like your public profile data and listings) will be visible to other Neighbor.com users, but that’s to be expected. Overall, their data sharing policies seem reasonable.
- Do they sell user data? No.
- Can you opt out? Yes, by contacting firstname.lastname@example.org
- Can you delete your account and data? Unclear. You can try contacting email@example.com to delete your account and data.
Is Neighbor Safe?
Because Neighbor is facilitating a sensitive service (i.e. storing random peoples stuff in random peoples storage), they require all users to upload a photo of government-issued ID to verify their identity. This makes the platform safer for everyone. ID uploads are done via a third-party service called Persona that specializes in identity verification, so your documents stay secure as well.
That said, Neighbor does have a few safety concerns:
- Dangerous items. Although unlikely, someone could potentially store dangerous things like explosives or chemicals in your space. This goes against Neighbor’s terms (they have a list of prohibited items), but it’s up to you to vet your renters beforehand.
- Theft or damange to items. As a host, youaren’t liable for any damages or theft to renter items unless purposely caused by you, or due to bad maintenance of the space. However, you are required to file a police report for theft, otherwise you could be held accountable. As a renter, you’re protected by Neighbor’s $25,000 renter protection guarantee.
- Dangerous people. Meeting anyone through an online marketplace comes with risks.
Overall, just like Airbnb, Uber, Craigslist, or any other peer-to-peer marketplace, Neighbor comes with potential risks. The company has put the right measures in place to mitigate these risks, but it comes down to you to do your own due diligence.
Note: To see how actual users feel about Neighbor’s safety, read our 11 Neighbor user reviews.
Obligatory disclaimer: Nothing on the internet is 100% safe or private. The above are opinions based on our independent research. Please take caution and do your own due diligence.
Neighbor Support Quality
Here are a few Neighbor.com support experiences we gathered from Trustpilot:
The app and the service generally function well, but I was charged for a rental that I didn’t make, and when I contacted customer service for a refund, I spent about a month waiting for further information. The refund did eventually post to my account, but customer service needs work.
– Benjamin McAdams (renter) from Trustpilot
I’ve only been using Neighbor.com for a short while, but am very pleased with the great support staff as well as the whole concept.
– Scott Levy (host) from Trustpilot
Excellent host assist
– Ryan Paschall (host) from Trustpilot
Unless you know that you will have a perfectly simple rental scenario with zero need to ever contact Neighbor – let alone require a billing change or a refund (god forbid) – I’d recommend staying away from Neighbor. It took me 6 weeks and 10+ reachouts to process a simple refund. Huge amount of time wasted and hair pulled out in frustration.
– Peter Simmons (renter) from Trustpilot
…despite my 2 voice mails and 1 email to their support team I have yet to hear back from Neighbor. Also, after making several attempts to call them I have found that neighbor has turned [off] the phones and is not answering live calls. All of them get sent to voicemail. It’s been a week now since sending my email so hopefully they do eventually get back to me, if they do I will be sure to update this review.
– John Dalton (renter) from Trustpilot
Overall, there seem to be more negative experiences with the support team than positive ones. That said, the negative experiences seem to be more common amongst renters vs hosts.
Note: Have experience with Neighbor support? Leave a review below.
How Does Neighbor Work?
Neighbor works as a marketplace, connecting people who need to store stuff with people who want to monetize their unused space. They make the process easy and safe for both parties (renters and hosts) by verifying users, handling payments, and providing limited protection in case of things like theft, damage, or personal injury.
To make money and cover their costs, Neighbor charges renters a service fee. This is essentially their middleman fee.
As a number, you may sign up to Neighbor and list as many spaces as you like, completely for free. Upon finding a suitable renter, you’ll get paid in 30-day intervals each month your space is occupied (more info in the earning section).
Payments are sent at the end of each rental month (no minimum balance required) via a bank transfer (more info in the cashing out section).
The amount you’ll earn for your space will depend on the size and going rates in your area, but in the end, you get to set the price. According to Neighbor, the average host earns $100-$300/month (more details in the earning potential section).
Neighbor Earning Potential
At the moment, we don’t have any aggregate data from Neighbor hosts in order to calculate an average monthly income amount. If you want to help contribute to this review, contact us or leave a comment about your experience.
Neighbor reports that hosts earn an average of $100-$300/month, so we’re going to assume the average user can expect around $150/month.
In the end, how much you’ll earn will really depend on the space(s) that you have available for rent and the demand for storage in your area. The higher the demand, the more you can charge each month for your space.
Note: These numbers are updated regularly as we survey more users. Sign up here to stay up to date + receive exclusive content. If you’re a Neighbor host, help us gather more accurate data by contacting us!
How Often Will Your Space Be Occupied?
This, again, will depend heavily on the demand for storage in your area.
According to SimilarWeb, Neighbor.com gets around 540.26K visits each month. About 90% of those visits come from the US. Assuming at least half of those are potential renters, that means there are around 270k potential renters visiting Neighbor every month — and that number is growing.
- Bottom line? Your experience and earning potential with Neighbor will vary greatly depending on your space(s) and the demand for storage in your area.
- Want to share your experience? Leave a comment!
Neighbor Review and Rating Breakdown
- Earning Potential
- Payout Options
- Payout Minimum
- Payout Speed
- Ease of Entry
Neighbor makes it easy and relatively safe for people to monetize their unused space. However, there are still some risks involved with participating in the marketplace, and the customer support team isn’t the best.
Earning Money: Ways to Earn on Neighbor + Tips
There are two ways to earn money on Neighbor.com:
1. Hosting a Space
Hosting a rental space is the primary way to earn money with Neighbor. There are a variety of different spaces you could rent for cash, including:
- Parking lot
- Self-storage unit
- Street parking
- Shipping container
- Unpaved lot
- Side yard
- Business building
- and more
To list your space, you’ll need to provide:
- Basic information (location, storage type, dimensions, accessibility, availability, terms, etc.)
- Special features (e.g. security camera? pet-free? smoke alarms? etc.)
- Photos (not required but definitely recommended)
- Desired monthly price (Neighbor will give you a starting price to work with based on other spaces in your area).
Note: Neighbor offers free professional photos of your space. You just have to set up an appointment. Contact the support team for more details.
Once your listing is up, it’ll be visible to all Neighbor users.
When somebody’s keen on your area, they’ll reserve it or ship you a message. If you obtain a reservation request, you will have 48 hours to approve or deny it earlier than it expires.
Before approving a request, you can see the renter’s first and final title, what they’re planning to retailer, the time they’d wish to lease for, and every other information they’ve on their public profile. You can even ship them a chat.
Tip: Do your due diligence before accepting a renter! As a host, you have the right to check a Renter’s background, credit history, and criminal history. You can also set certain requirements you’d like renters to meet. For example, if you only want to accept renters with a profile photo or a linked Facebook account, you can set up those terms on your listing.
Upon approving a renter, you’ll be able to set up a move-in date. Once moved in, you’ll start receiving payments 30 days later (more info).
Note: If your renter misses a payment, Neighbor will cover you so you still get paid.
As a host, you’ll be covered up to $1m by Neighbor’s Host Guarantee, but keep in mind this does not cover property damage (more info).
If you refer a brand new consumer to Neighbor.com who both rents out an area (and spends greater than $100) or lists an area for lease, you will earn $50. Payment is distributed through an Amazon reward card straight to your e mail tackle.
Cashing Out: Neighbor Payment Methods
Once someone begins renting your space on Neighbor, you’ll receive your first payment 30 days later.
The renter actually pays upfront the day they start using your space, but Neighbor holds the payment to ensure they’ll be able to get their full 30 days out of it and releases it at the end of that period.
You’ll continue receiving payments every 30 days as long as your space stays occupied.
Currently, there’s only payment method available for hosts:
1. Direct Deposit
- Minimum Payout: $0.01
- Fees: 4.9% + $0.30
This is distributed through Stripe. You can join your checking account in your profile web page, beneath fee strategies.
Tip: If you do not need to hyperlink your precise checking account, use a Wise account.
Additional Tips, Notes, and Features
1. Neighbor App
The Neighbor app is helpful for managing your itemizing on the go or responding to potential renters.
2. Host Guarantee
Neighbor’s Host Guarantee provides up to $1 million of general liability protection to all hosts. This protects you from things like a renter accidentally getting hurt on your property. It DOESN’T protect you from things like property damage.
Also, keep in mind the host guarantee is secondary to your own insurance. As mentioned in the terms: “The secondary coverage provided will apply only after the Host’s homeowners policy or commercial general liability policy and the Renter’s insurance policies have been applied.”
3. General Notes, Terms, and Rules for Hosts
Things to be aware of:
- You can’t turn down renters for discriminatory reasons
- Turning down too many renters (even with valid reasoning) can get you suspended from the platform
- There’s a limit of 1 Neighbor account per user
- If you evict a renter with less than 30 days of notice, you’ll be charged a $60 termination fee
Neighbor Reviews From Real Users
We’ve currently curated a total of 11 Neighbor reviews from Trustpilot, where Neighbor has a 3.6/5 star rating.
Over time, these will be updated with more detailed reviews gathered by us. If you want to contribute, contact us and let us know about your Neighbor experience.
Candyce Padilla (5/5)
Overall thoughts? Great tool for homeowners who want to rent out their space.
Karie Krell (5/5)
Overall thoughts? Easy way to make extra money. The site makes it easy to communicate with renters and for you to rent your space.
Evelyn Anderson (4/5)
Overall thoughts? I have a gentleman RV on my property and he’s from neighbor when he first arrived they were polite and showed me that they’re moving close to this area, No problems at all and his vehicle is very safe here at my home. Thanks neighbor I have another space for 1 more car vehicle left so please fill that space as soon as possible. Waiting for payment 🤣
Susan Hochman (5/5)
Overall thoughts? Easy and safe way to earn $ on your open spaces.
Overall thoughts? I posted my space and I thought it would never be rented, but within 2 days I received 3 requests. I chose the one who responded with a commitment right away. I have a working relationship with that person and everything has been going just fine.
Josh Robbins (5/5)
- From: US
- User for: 4 years
Overall thoughts? I’ve been a Neighbor host for 4 years. It’s honestly the easiest money I’ve ever made. Neighbor does all the work. I just accept the invite when someone is interested in my space and then make sure I’m available for the renters to get into my garage when needed. This model is so much better than any other alternatives for both renters and hosts.
Frank Escalon (5/5)
Overall thoughts? I have had nothing but good news from Neighbor. I have rented to about 4 different clients and all of them have been great. Myspace does not allow for R v’s or trailers or any long type of vehicle so I have had to say no to a few But other than that it has been great. I have extra income in the bank monthly and I and I love it.
Scott Evans (5/5)
Overall thoughts? I listed two spaces and, within a week, I had one of them filled, and a couple of weeks later, I had both of them filled and they are both taken right now. And now I am receiving, “You’ve been paid,” emails and deposits into my bank account. I like simple. This is simple. I will continue with Neighbor.com and I recommend them.
Overall thoughts? I like the way that host and client are connected and everything is through the app. However, I noticed that [among] potential clients, there are many who want to live on the storage site rather [than] “store or park” their items. We didn’t expect what we experienced, people trying to live on our property.
Overall thoughts? We’ve been renting out our spare bedroom on Neighbor for the last few months and it has been great! We had a renter 2-3 days after we posted the listing and it has been smooth sailing ever since. I often forget I’m even doing anything until I notice a payment hit my bank account at the end of the month!
Justin Pauly (4/5)
Overall thoughts? Great program I just wish there [were] payouts available at the start of a rented area for the host or a deposit collected.
Neighbor Pros and Cons
- Semi-passive income – Once your space is filled, as long as the renter keeps their items put, you’ll be earning recurring income every month without any extra work.
- Easy to use – Technically, you could rent your unused space without even using Neighbor, but that would require setting up your own contracts and terms. Neighbor makes things easy and even handles payments.
- Coverage – Similar to the above point, Neighbor also provides coverage for both renters and hosts. These aren’t replacements for your own insurance, but they are good to have as a back up.
- Scam listings – Since Neighbor.com is simply a marketplace, scammers are going to find there way. The most common scam seems to be hosts pretending to own a parking spot, renting it out, and then the renters car gets towed. Fortunately, this won’t really affect you as an honest host.
- Property damage – There’s the chance a renter could come to your property and mess something up (e.g. by drviing on your lawn). Neighbor’s Host Guarantee won’t cover this, so make sure you have insurance.
- Poor customer support
Is Neighbor Worth It for Hosts?
If you have unused extra space, I’d say Neighbor is definitely worth trying out as a host. There’s really not a lot to lose. Listing a space is easy, the platform has good safety measures in place to prevent the storage of prohibited items and other sketchy activity, and with a rented space, you can earn a decent amount of easy money each month without much work.
How to Get Started as a Neighbor Host
Ok, ready to try making money renting out space on Neighbor? Here’s how to get started in 3 steps:
Step 1. Create an Account
You can sign up as a Neighbor host right here.
To create your account, you will must enter your first title, final title, e mail, password, and cellphone quantity. You can even sign up along with your Google account if in case you have one.
After doing this, it is best to obtain a verification e mail. Click that after which transfer to the following step.
Step 2. Verify Your Identity
After verifying your e mail, the following step is to confirm your cellphone quantity and ID. To do that, go to your account > profile > non-public info > and click on the “Verify ID” button or “Verify” button subsequent to your cellphone quantity. You can do them in any order, however you will must do each to finalize your itemizing.
For the ID verification, you will be walked via add a photograph of your ID via the third-party ID verification service.
Step 3. Fill Your Profile
While you are still in your profile web page, head over to the “Public Profile” space so as to add a profile picture and fill in your bio.
This is not 100% required, but it surely’ll make your listings extra engaging and reliable to potential renters.
Step 3. Create Your Listing
Now that you just’re verified, time to create your first itemizing. Hit the “My Listings” or “Become a host” button to get began.
Neighbor will stroll you thru the itemizing creation course of. It’s actually user-friendly so simply comply with alongside.
Once prepared, publish your itemizing after which look ahead to potential renters. When you discover a appropriate candidate, approve their reservation, get them moved in, and look ahead to the earnings to begin rolling in.
Here are some “get paid to share” opportunities similar to Neighbor:
- Airbnb – Rent out a spot to remain.
- Hyrecar – Rent out autos.
- Honeygain, PacketStream – Rent out your web.
For extra concepts, try our full checklist of passive earnings sources.
For different money-making concepts and alternatives, try the Hustle Finder, or one in every of these guides:
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