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!

  • KingBeven@alien.topB
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    10 months 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.

  • _tauflife_@alien.topB
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    10 months ago

    If you’re by some water (ocean or lake) water equipment rentals are pretty great.

    SUPs, Kayaks, Surfboards or even Bikes. These are great options.

    I will say, bikes are a little more annoying because the maintenance is way more, but a lot of times people like to get multiple pieces of equipment and they end up being a good additional item.

    The other options are great 🤙🏼

  • Caasitishere@alien.topB
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    10 months ago

    I’m assuming you’ll be starting out in your home and unsure what your storage capacity would be. Do you live an a suburban area, with a family type demographic? Just wondering based on the products you’re thinking of renting out. Sounds like you want to rent out event type equipment, maybe try sound systems, lighting, decor, something that is IG worthy??

    Are there other businesses in your area that rent out equipment and what are the equipment being rented out?

    If you don’t mind me asking, where would you be based while renting out equipment? Im wondering what else does your area offer that people would potentially rent

    Hope this helps

    Let me know if you have any questions, hopefully I can be of help

  • ikalwewe@alien.topB
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    10 months ago

    Rent a friend Rent a dog Rent a family Rent an uncle

    (They all exist here in Japan)

  • ArchieMaximus@alien.topB
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    10 months ago

    Buy something that can be considered a necessity and that’s durable, easy to maintain/repair, and can be small enough to be easily delivered and picked up.

  • bennymac111@alien.topB
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    10 months ago

    not sure on the numbers, just throwing a random ass idea out - but we went on a road trip last year and rented a hardshell rooftop cargo unit (ie Thule). You could prob grab a few of those for a few grand, install should be pretty easy, they’re pretty durable / low maintenance. i’d honestly rent one again. we dont need one frequently enough to justify buying one so the price was still decent enough considering how much more comfortable we were in the vehicle with extra space.

  • Oper_edei_deixai@alien.topB
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    10 months ago

    It seems to me that people are willing to pay more for things the want vs. things they need.

    That being said, I live in northern MN and I have strongly considered buying a couple of sherps to rent out. They’re not street legal so you’d have to either

    A: deliver them yourself on a trailer

    B: rent them a trailer along with the sherp.

    Since many people are not proficient with the operation of a trailer (not to mention loading/securing the vehicle for transport), option A seems the more sound decision but would involve a LOT more time.

    Also, I’m a trained diesel mechanic so I could maintain them myself- not everyone has that advantage.

    Sherps are expensive, and trailers are expensive. But I suspect you could lease both. Still, even leasing, probably gonna cost $250k or more to get set up.

    https://sherpatvsales.com/sherp-atv-xt-pro/