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International Business Times
International Business Times

MYSTERIOUS: 61 year old makes 54k yearly renting out parking spaces | Mind Blowing Facts

Sam Hunt, a UC Berkeley graduate, capitalised on the sharing economy by renting out his unused parking spaces. Through platforms like Spacer, he transformed this side hustle into a lucrative venture, generating substantial passive income. (Credit: IBTimes UK)

Many Americans now rely on the sharing economy to supplement their income. For example, Sam Hunt, a 61-year-old San Francisco resident, earns an additional $54,000 annually by renting out spare parking spaces.

Several years ago, Sam stumbled upon a profitable side hustle when he began using Spacer, a parking marketplace, to rent out three vacant parking spaces.

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