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

Here are some ideas of things you can buy and then rent out for money:

Vacation rental properties: This can be a lucrative investment, but it's important to do your research and make sure you're buying in a popular tourist destination. You'll also need to be prepared to manage the property yourself or hire a property manager.

Airbnb-ready apartments or rooms: This is a great way to generate income from your unused space. You'll need to make sure your apartment or room is well-maintained and inviting to guests.

Storage units: Storage units are in high demand, especially in urban areas. You can buy an existing storage facility or build your own.

Equipment rentals: There are many different types of equipment that you can rent out, such as power tools, party supplies, and camping gear. This can be a good option if you have a lot of storage space.

Baby and kids' gear: Baby and kids' gear can be expensive to buy, so many parents are happy to rent it instead. Items like car seats, cribs, and strollers are popular rentals.

Formal wear: Formal wear is often used only once or twice, so many people are willing to rent it instead of buying it. You can rent out dresses, suits, and tuxedos.

Bicycles: Bicycles are a great way to get around town, and many people are willing to rent them instead of buying them. You can rent out mountain bikes, road bikes, and e-bikes.

Kayaks and paddleboards: Kayaks and paddleboards are popular for recreational activities, and many people are willing to rent them instead of buying them.

RV rentals: RV rentals are a great way to explore the country, and many people are happy to rent them instead of buying them.

Specialty vehicles: If you have a specialty vehicle, such as a food truck or a party bus, you can rent it out to people who need it for special events.

These are just a few ideas to get you started. There are many other things that you can buy and then rent out for money. The key is to find a niche market that you're interested in and that has the potential to be profitable.