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Do you have a ton of stuff in your house that you never use? Are you looking for a way to make money when you aren’t working? Why not rent out your unused stuff and make some extra cash?
Renting your possessions can be a great side hustle that turns your things into income-generating assets. It can become a steady source of income that doesn’t require much of your time.
Renting out your unused things can quickly turn into a passive income stream. So, whether you are looking to make a little extra money or actually start a home-based business, read on for tips on how to rent out your stuff.
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How to Rent Out Something You Own
Clothing rental is a great way to make some extra money while also freeing up some space in your closet. Hangurs and Social Closet are two popular websites that allow you to rent out your designer clothes to others.
Each website has its own process for listing and renting items, but both require that you create an account and list your items for rent. You can set your own prices, and you will receive a percentage of the rental fee when someone rents one of your items.
If you own a boat, you can make some extra money by renting it out to others through Boatsetter or Sailo. You can set your own rates and schedule, and you can choose to rent out your boat for a half-day, full-day, or multi-day trip.
You can register for free, and once you’re registered, you can start listing your boat.
There are a number of ways to make extra money these days, and one of them is by renting out your car to others. Getaround, HyreCar, and Turo are all companies that offer peer-to-peer car rental services.
You can sign up with one of these companies and then list your car for rent. When someone wants to rent your vehicle, you will receive a notification, and you can then arrange for the rental.
Land or Yard
If you own a bit of land – whether it’s a large backyard or a few acres out in the country – you can make some extra cash by renting it out to campers through Hipcamp or Home Camper. Both platforms allow landowners to list their property for free, and they take a small percentage of each booking.
Campers are typically charged per night, and they usually bring their own tents or RVs. Some campers also like to have access to amenities like fire pits or picnic tables, so you may want to consider investing in some basic camping gear. In addition, it’s always a good idea to check with your local zoning office to make sure that camping is allowed on your property. But if everything checks out, renting out your land can be a great way to earn some extra income.
Camper or RV
For many people, owning a camper or RV is the culmination of years of saving and planning. But once you’ve finally made that big purchase, what do you do with it? If you’re not using it every weekend, why not rent it out and earn some extra cash?
Both Outdoorsy and RVshare are popular platforms where campers and RV owners can list their vehicles for rent. And with a little effort, you can attract enough business to make a tidy profit. For instance, you can start by creating a detailed listing, complete with photos and a description of your vehicle’s amenities. You should also set a competitive price that will attract renters without undercutting the market. Finally, be sure to provide excellent customer service to ensure that your renters have a positive experience.
Extra Space for Events
These platforms allow people to search for and book event venues, making it easy for you to find customers. And since you set your own prices, you can decide how much to charge based on the size and amenities of your space. Spaces include things like outdoor deck space, warehouse space, studios, galleries, and homes.
Have you ever looked around your garage and thought, “I have too many tools”? Well, now you can make some extra cash by renting out your tools through Sparetoolz.
It’s easy to get started – just create an account and list your tools. When someone wants to rent a tool, they’ll contact you and arrange a time to pick it up. You can set your own rental prices, and Sparetoolz will take a small percentage of each transaction as a service fee.
Land for Dogs
Do you have some extra land that you’re not sure what to do with? Or maybe you’re looking for a way to make some extra money. Either way, Snifffspot is a great option for you.
Snifffspot is a website that connects dog owners with people who have open spaces where their dogs can run and play. It’s a great way to make use of your property and provide a service that dog owners will appreciate.
If you have baby gear that you’re not using, you can make some extra money by renting it out through BabyQuip. BabyQuip is a service that helps traveling families rent gear like strollers, car seats, and cribs.
To list your gear on BabyQuip, simply create a profile and add photos and descriptions of your items. Once your equipment is approved, it will be listed on the BabyQuip website, and customers in your area will be able to rent it from you. And best of all, you can set your own rental prices, so you can make as much money as you want.
Van or Pickup Truck
You need to sign up and list your vehicle, and then people can rent it for things like moving or hauling gear for a weekend trip. The best part is that you can set your own rental rates, so you can make as much or as little money as you want. And if you’re worried about damage, don’t be – all of the rentals are insured, so you won’t be held responsible if something happens.
If you’ve got a bicycle that you’re not using, you can make some extra cash by renting it out through Spinlister. Spinlister is a website that connects people who need bikes with people who have bikes. It’s easy to list your bike on the site, and you can set your own rental rates. You’ll need to provide a few photos of your bike and a description, and then you’re ready to start renting.
Spinlister takes care of all the transactions and payments, so you don’t have to worry about anything except delivering the bike to the renter. And you can also rent out surfboards, skis, and snowboards through Spinlister.
If you live in a city or town, chances are you’ve had to deal with the headache of finding a parking spot. You circle the block a few times, only to find that all the spots are taken. Or, you finally find a spot, only to realize that it’s a two-hour limit.
If you’ve ever wished you could just rent out your own driveway or parking space, there’s good news – now you can. Spacer, Neighbor, and Just Park are all companies that allow you to do just that. List your parking spot or driveway on their website or app, and set your own price and availability. Then, when someone is looking for a parking space in your area, they can book it through the website or app. You get paid when they arrive, and they get a guaranteed spot – it’s a win-win.
Storage in Your Home
If you have some extra space in your home that you’re not using, why not put it to good use and make some extra money? Store at my House is a service that helps people do just that. They provide a platform for people to list their unused storage space, such as an extra closet or garage space, and connect them with people who need somewhere to store their belongings. Listing your space is easy, and there’s no commitment required.
Vacation Home or Spare Room
Have you ever considered renting out your vacation home or a spare room in your house? If so, you’re not alone. In recent years, an increasing number of people have been taking advantage of the sharing economy by using platforms like Airbnb, Flipkey, and Vrbo to rent out their homes and empty rooms.
Not only is this a great way to earn some extra income, but it can also be a lot of fun by meeting new people from all over the world. Plus, it’s a great way to offset the cost of owning a second home or to simply make some extra money.
Have you ever thought about renting out your pool? With Swimply, you can do just that. You can set your own price and schedule, and then people can come and use your pool when it’s available.
It’s a great way to make some extra money, and it’s also a great way to meet new people. And who knows, you might even make some new friends.
Camera and Photo Equipment
Do you have a camera that you don’t use very often? Or maybe you’ve upgraded to a new model, and your old one is just sitting around collecting dust.
Either way, you can actually earn some money by renting it out to other people through KitSplit or ShareGrid. Both of these companies are online platforms that connect photographers and videographers with people who need to rent gear for their own projects. It’s a great way to earn some extra cash without having to put in a lot of effort. Plus, it’s a great way to help other people get the equipment they need without them having to break the bank.
RentAFriend.com is a website that allows people to rent friends for events, activities, and even just for company. It’s a great way to earn some extra money if you’re sociable and outgoing.
The first step is to sign up and create a profile. Then you can start browsing the requests from potential customers. When you find a request that you’re interested in, you can send a message to the customer and arrange a meeting. Once you’ve met with the customer and they’re happy with your services, they’ll pay you through the website. RentAFriend.com takes a 20% commission, so be sure to factor that into your prices.
Land for Gardening
With Shared Earth, you can list your land for free, and gardeners can search for available plots. Once a gardener selects your plot, you’ll receive a rental agreement that outlines the terms of the arrangement.
YardYum works similarly, but you’ll pay a monthly subscription fee instead of listing your land for free. Both companies require that you have liability insurance in case a gardener is injured while on your property, and rented land must be well-maintained and free of debris.
If you take good care of your land and provide a good experience for the gardeners who rent from you, you can make a decent income from this side business.
Have you ever wished you could earn money by renting out the stuff you already own? Stuff like small kitchen appliances, musical instruments, camping gear, or fishing gear? Well, you can. With sites like Loanables and Rentah you can list any type of item you want and set your own rental price.
Whether it’s a lawnmower, a picnic table, or even a tent, people in your area will be able to find and rent it from you. And the best part is that you don’t even have to leave your house to do it. Just create a listing for your items and wait for someone to request a rental. Once they do, you can arrange for them to pick up the item and drop it off when they’re done.
As you’ve seen throughout the post, there are many different ways you can turn your unwanted items into a business. Look at the various possibilities and think about what you have that you’re not using to decide on a good starting point for your rental business.