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I want to buy something that people can then rent. It would have to be profitable. Any ideas? (alien.top)

submitted 1 year ago by UnusualBlueberry2320@alien.top to c/entrepreneur@indiehackers.space

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Only ideas I can think of are boucehouse, tables/chairs, and a photo booth. Is there anything else that would be good to rent out? I don't really have any special skills in particular just have some money to invest in something.
Thanks!

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[–] swiftlocal@alien.top 1 points 1 year ago (1 children)

I am today literally working on a case study for Party Rentals.

What do you want to know?

We have some clients using us - SwiftCloud - for eDocs i.e. agreement, waiver eSign etc - also client management.

Good biz, not exactly passive but somewhere in the middle - pickup and dropoff, stuff has to be cleaned (kids..); weddings, kids jumpy houses birthday parties, corporate parties etc.

Good margins, but there is some asset depreciation, the houses don't last forever.

Upside - not that much to start, like $5k can get you going even though probably more like $20, then like any biz it takes some work to get the momentum, but then the referrals and repeat biz starts flowing.

PM if interested, I'll put a case study up on YouTube soon

[–] TheReaperSC@alien.top 1 points 1 year ago

This. I work at a school for my W2 job and have rental properties (land and houses). I watched a guy buy two bounces and rent them for 600 a day. Bounce houses cost him 4,000. I personal watched my school pay for them over a year and half.