Renting out equipment is a legitimate way to earn extra income. It gives financial freedom and security. A user asked the forum, “Most profitable equipment to rent out?” Here are the common responses.
BOUNCY HOUSE
“With a $400 bouncy house, you can make $150-200 a gig. I tried it myself and then just made money. People picked it up, or I delivered. The water bucket drop is popular, too.”
FRIDGES
“I’ve seen videos about people renting out fridges to caterers doing on-site events. Deliver it before the event, pick it up after.”
DIRECTIONAL DRILLS
“Directional drills. $100k-230k to purchase, currently renting for $500/day, $1850/week.”
YARD DUMPSTERS
“15-yard dumpsters rent for between $350-$500 for 2-3 days rentals depending on your area’s dump fees and fuel cost. Dump fees are area-dependent and range from $30 to $150/ton.
Most companies have a weight limit of 2 tons per load and will charge overage if it exceeds this limit. You’ll need at minimum a 3/4 ton truck, roll-off trailer, and however many bins you want (most people have at least 5 to get started).”
COTTON CANDY AND PORTABLE MARGARITA MACHINES
“I have a friend who lends portable margarita machines and cotton candy machines. He seems happy with the return on investment.”
CONCRETE PUMPS
“Concrete pumps are always in demand. You’d have to get in touch with some manufacturers.”
GENERATORS
“Generators, wait for the next natural disaster.”
ELECTRONIC BIKES AND SCOOTERS
“Electronic bikes and scooters if the area is right, or deliver them for tourists. They go for the same as cars and cost 10-20x less. Then you also own a cool toy. Additionally, kayaks and canoes if you are near water.”
SLINGSHOT
“I live in South Florida, so this probably doesn’t apply everywhere, but if you buy a slingshot, companies will rent them out for you, and it’s printing money.”
PROPANE SPACE HEATERS
“Propane space heaters. Restaurants use them in the winter for their outdoor patios. It would seem like a popular item.”
PARTY TENTS
“Party tents. They quoted us $800/day, so we bought one for $2,000.”
RECREATIONAL VEHICLE
“I would say Recreational Vehicle (RV). Buy a cheap fix, clean it, and rent it.”
FLOWER WALL
“Flower wall for pictures and decorations.”
WOOD CHIPPER
“You can rent a 12″ wood chipper for $500/day at $50k.”
BOATSETTER
“Check out Boatsetter. It’s crazy the amount people will pay to rent an early 2000s ski boat for a day that would cost just $10,000 to purchase.”
DITCH WITCH
“Ditch Witch. I worked for a solar installer, and despite showing the owners every year for eight years that buying a ditch that would pay for itself in under a year, they insisted we rent one every time. I wish I’d bought one and rented it to us.”
SAWMILL
“A sawmill can cost as low as $2,000. You can cut wood and sell it or have people who want their woodcut charge them for it.”
FARMER EQUIPMENT
“Farmer equipment.”
HYDRAULIC AND SCISSOR LIFT
“Hydraulic lift and scissor lift. You can pick these up at auctions at a fair price. I know one goes for $500 a week.”
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This article was originally published on Mrs Daaku Studio.