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April 16, 2025 21 mins

What if your empty garage, RV pad, or unused driveway could start paying your utilities—or even replace your side hustle? In this episode of the Utah Real Estate Podcast, hosts Steph Shoell and the Silver Dollar Man sit down with Joseph Woodbury, Co-Founder and CEO of Neighbor, a platform that's redefining passive income through storage and parking rentals.

Neighbor empowers homeowners, businesses, and even major REITs (Real Estate Investment Trusts) to turn underutilized space into steady income—without the stress of traditional rentals. Joseph shares how everyday Utahns (and folks across all 50 states) are generating anywhere from $100 a month to six-figure incomes with almost no effort.

We discuss:

  • What types of spaces are in highest demand (hint: garages + RV pads!)

  • How one Utah teacher is making $10K a year passively

  • The insurance and legal protections Neighbor provides

  • The concept of full property monetization

  • The surprising social impact of renting to your neighbors

Whether you’re a homeowner with a spare garage, a landlord looking to double your cash flow, or just someone curious about new ways to earn without lifting a finger—Neighbor might be your next big move. Learn more & start hosting at: neighbor.com/host
Joseph Woodbury – CEO of Neighbor

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