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If you own plenty of things that you only use every once in a while. Whether you’ve got an empty bedroom, a collection of cocktail dresses, assorted athletic equipment, or a car that you only drive once or twice a week, you could be putting your stuff to work for you. Renting your stuff is a great way to make extra money.
Renting out your stuff is a no-mess, no-fuss way of earning some part-time money without taking up a big chunk of your time.
Recommended for: people who have flats, houses, equipment and so on, that they can rent
How much can you earn? a few hundred or even thousands a month
Start-up costs: minimal – in fact, you can even start for free when it really comes down to it
Ok, so this one is a bit of a loophole as it’s not 100% online – all the transactions happen online but they also require some offline work as well.
So, what exactly can you rent?
- Use Airbnb and other similar services to rent your house/flat or just some a private room in your flat
- Use Turo (or similar services) to rent your car
- Rent your clothes (or sell them!)
- Rent professional equipment, such as pro cameras
You can rent out almost anything of real value; services like Airbnb pretty much changed the landscape completely and since then, all kinds of apps and services have popped up all over the world, helping people save money on the things they need, by allowing them to rent stuff out, rather than having to buy them outright.
So if you have anything of value – like a house or a professional piece of equipment – then you can make start making money immediately by renting it out via a safe platform.
Do I need a website?
Every successful online renting business needs a website to generate money online and reach customers. Click below to get 1-click WordPress Installation, web hosting and domain registration with Bluehost, the #1 trusted WordPress hosting.
Need more ideas?
Explore more online business ideas. Check out our website business ideas or freelancing opportunities for more online business opportunities.