Entrepreneur

How about a one wheel? Or e-bikes?

Big white tents. People always need them. You just gotta market it properly

Call some wedding planners and ask what is rented most in that industry, to get ideas.

Rent out nice folding chairs/tables. Or linens.

Dump trailers and tractors are relatively cheap to get and they rent for a lot. If you have a truck that could pull the trailer that would be a good option.

Lots of opportunities

Chairs!!!

If you have some money to invest, we're looking for a few investors for a sustainable destination property. We're looking for $10-25K, will be offering to pay 8-12% interest. If something that catches your attention, we can exchange email & can chat more : )

You can buy property in Japan for $10,000.

Private car parking space in an inner city location (such as London, UK).

Rank and rent website. This is a website that generates leads for a local business.

Camera bodies and lenses, lights, stands

Bartender with bar.

Electric bikes

Vacation home on a lake. My brother rents his out for $5K a week and just a couple months in the summer pays the whole year's mortgage.

Construction equipment

I bought some ladders off a guy who had a side business renting out empty whiskey barrels to wedding planners so people could take rustic pictures

Fact is, you can rent just about anything - finding the clientele, keeping a steady stream of them, and then delivering upon the rental promise (delivery, set up, take down etc) is a mission and a half.

I guess before I’d even consider offering you any form advice, I’d have to first ask about your goals, the amount of time you’re willing to personally put into the venture, and how much capital you’re willing to risk on said venture….. Clearly defining those things might help you pick a direction

I rent out cameras, lenses and lighting equipment and it does pretty well. Still takes 1.5-2 years to pay off a £5k camera though.. Lenses are great, have sone cinema lenses worth £20k new that most people don’t want to buy, but they’ll happily spend £250 per day on them for a shoot. Smoke machine is a dark horse too, goes out all the time.

A dress. Just think about a degree or a weeding event, if you are not working it is a burden to spend hundreds of euros for a dress you will wear three or four times. It would be better to rent it for a dozen of dollars.

I was thinking the other day how a “phone rental” business would be brilliant, especially for content creators like me who may want to use the newest iPhone to make content!

How about cars? Is there a way to make rental cars cheaper? Or maybe barbecues. I hope whatever you figure out something that succeeds!

Buy a subreddit. Rank and rent.

Wanting to see something digital? One of my frnd owns a lot of websites that look like news websites to me. the catch is that each one of em are niche specific, like news for basketball, real estate etc. (i have only seen these 2 sites of him).

Now renting it out to local businesses with a target to get thier marketing done and get some leads too.

If you search this thing on google or just copy-paste my chat in ChatGPT, you'll get to know more for sure :)

I was in the rental business for 10 years. The options and choices are vast on what you can make money with. All rentals are different and offer different services. I would say to keep in mind, the cost of insurance when it comes to certain equipment.

For instance, when renting out any kind of lift, you have to realize things can go seriously wrong. When they do go seriously wrong often, it is not good. When I mean serious, I mean someone is injured or killed. I am not saying not to rent these items out but the carrier insurance policy and have the due diligence to make sure that they are safe.

The same goes for bouncy castles. Kids are often injured on this equipment and if somebody’s so chooses they can go after the owner of the equipment because they were not warned about the dangers. This can be applied even if the customer picked up the equipment from your location and set it up themselves. Again have great insurance and document that the equipment is functions properly.

I know of companies that rent out lighting equipment and they have done well for themselves. Other companies run out generators. Some run out plumbing equipment and do well.

I encourage you to go after this, just do your due diligence in understanding the area that you will be renting from. Look at where there is a need in terms of a service and times of either celebration or natural disasters.

My buddy is addicted to cars in a bad way. He used to make like 500k a year but the stress of running his own business got to him so he bailed and went to a corporate job in Florida that was like 75k a year. He is back up over 100k but probably barely. Anyways he had a lump of cash and could no longer finance his car habit so he dumped it into a few popular cars he wanted and put them on Turo. They paid for themselves and then some and he gets to keep the toys. It wasn’t highly profitable but it was a practical idea for him.

If you want to make more money on it then instead of buying a Ford raptor or a corvette you could put something like a ford transit van or something. Having the latest models is great for renting for a short time. I have a cyber truck getting ready to arrive and I might put it on there for a ridiculous price for a month or two but it won’t last. Something like a van for moving at a reasonable price would be better. One you can do like a minimum half day rental and maybe turn it around twice in a day or minimum day rental maybe but people will realistically only use it for like a short hour long haul a couch from one side of town to another.

Hey OP!

I've got a ton of ideas/ insights/ recommendation for you. I've owned my own rental business for 17 years, and now I help other people start or grow a rental business. Not trying to shill, just wanted to give my credentials before I give some ideas or advice.

Here's a really helpful exercise for you to think about feasibility:

1. do you have a pickup truck, trailer, or box truck?
2. what are your income expectations? Is this a pure side gig where you'd be thrilled to make 15-20k? Is the hope that this turns into a full-time endeavor and replaces a full-time job?
3. storage. Do you have a garage or a large shed? Or would you have to rent a storage unit right out of the gate?
4. where are you located? There are some concepts that work really well as long as you're near a big city or in a coastal area where people do destination weddings. For example wedding arches / chuppah rentals. Here is an example: www.MonmouthWeddingRentals.com

Here's a few fun concepts for you:

1. wedding arches / chuppahs
2. core event rental items (basically tables, chairs & linens)
3. dance floor rentals (www.NorthshoreDanceFloor.com)
4. backdrops (floral walls, champagne walls, boxwood hedge backdrops) www.BostonBackdrops.com)
5. pop-up tents (if you're trying to potentially expand into something larger, this is a good entry into tent rentals)

The great part about event rentals is that you totally get to set your own schedule. If somebody is too far away, too much of a pain in the ass, if you want to go on vacation that week, or if you just want some time off you can always just say no.

Lastly, two other important pieces of advice:

1. you don't have to buy a bunch of equipment and hope it works. You can simply put up a website, do a little bit of marketing, and then turn around and buy the equipment once you've got customers in hand.

2. if you really want to be strategic about this don't buy any equipment and don't think of a concept on your own, instead don't show to a handful of wedding venues in your area and just ask if there are any rental pain points you can solve. Imagine if one of them says "We would love someone to do dance floor for us," you would now have a client that would rent your floor 30 to 50 times per year for all of their weddings. This is made a huge difference in my business.

Hope this helps!

The family business growing up was small engine and party rental.

My sister eventually started her own party rental business year later. And my cousins work for another party rental business.

Very hard to be successful. You need a lot of capital, and it takes a lot of time. Forget having weekends, you are working. Period. And not very profitable. If you are a solo person just getting some items to rent, not going to work.

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One thing I used to do is rent out my camper. Actually worked really well. More than paid for itself, two, maybe three times over. But it's become very competitive these days as a ton of people do the same now. So a lot harder to get renters. But I have really enjoyed meeting the people and just being involved with people's fun time.

Real estate. My brother was already rich, but he's a lot richer by strategically buying distressed properties cheap, renovating them, and then renting them. 55 and older senior communities are the best investments of all.

🛵🛫🛰️

Bounce houses are a fun and proven concept. Rental businesses are really financial arbitrage. You don’t have to own the asset outright. There’s an easy way to expand the business. If you don’t have good credit now, get started with some used equipment and make enough money to clear it up. There are auctions for bankrupt bounce house companies that were spread too thin. Once you do have good credit, open a 0% business credit card and obtain additional units. Then you can scale it to the point of market saturation.

Vending machines?

Film cameras, lenses and lighting equipment. Keep it at camera kit houses they take a cut of your rental fees.

Depending on where you live, portable a/c’s. They’re around 6k and rent for $1500 a month. Rented to commercial areas with a/c issues. The cvs here had 8 going last summer.

One of my business is bouncy house/party rentals. I have 40 different kinds of inflatable for rental from giant obstacle course to small backyard bouncy houses. I’ve been doing it for 20 years. I live where it snows and working April to September I can do $80-$130 with minimal overhead. But I have a huge book of business and 1/2 my rentals are for businesses doing summer parties and includes setting up and providing attendants.

How I acquire new rentals: People who buy a few bouncy houses who think they will be able to quit their job end up making about $200 a week for half the year. They get tired of trying to hustle or can’t afford insurance or repairs and offer to sell me their inventory. Or decide giving up their weekends in the summer for a few hundred dollars isn’t worth it. First offer the give me about 75% of what they paid because these are expensive and they bought them with a credit card, usually after unsuccessfully finding any mom and dads who will drop $2,000 for a used bouncy house they call me back and offer them for around $500 each. In all the time I’ve been doing this the same competition I started with is the only other business in the city even though there have been a good 30 other businesses come and go, at least two of them invested over 100k in start up. Also demand has not returned post Covid lockdown.

I recently learned that people rent travel stuff for babies—things like pack and plays, black out tents, snoo bassinets, running strollers. As a parent to a toddler, I could totally see traveling somewhere then “renting” these things for convenience. Low up-front cost and could be an easy way to make some extra money!

Wedding dresses. Mt wife designs makes and sells them. She gets at least 1 call a day asking to rent.

If you love animals and people - how about pets from a rescue/adoption centre (with the option to adopt later if they want to)?

Lots of elderly people or people with disabilities wants animals but are unsure how well they can commit to it due to health reasons.

Besides from that.. Way too many people get animals without knowing the investment it takes, and a lot are killed because of that. Being able to own a pet with an easy "out" is a lot better than for people to buy a pet only to either neglect or kill it later.

The price would need to be on the higher end to make it profitable (€400/month ?).

Again.. This is only an option if you truly LOVE animals and can take care of them obviously.

One of my clients runs a photography/videography rental business. Basically if you are an indie filmmaker and need cameras, lights, mics, etc. - you can’t afford to buy all that stuff but you can rent it from this dude. I think he’s doing alright!

2021 hellcat rent it out on Turo

Does anyone have any experience with renting generators?

Any success? Good demand?

buy a parking lot and let people rent a space overnight. Money will just start flowing