According to The Telegraph, British research found that the average 10-year-old owns 238 toys but plays with 12 daily, making up just five percent of their toys. The chances are that you also own several items that you only use once or twice a year.
What is the point of holding on to something that you use only a few times a year when you can earn some extra cash by selling or, hiring it out? Want to earn extra money with the items you own?
Here are 10 items you can hire out to make some extra cash quickly.
Do you own a tent you that you only use once a year? Camping gear costs a lot of money and takes a lot of space to store therefore not everyone wants to own one. Why not put yours up for hire while you are not using it? Depending on the size of your tent, you can make anywhere from £10 to £ 40 per day.
What about the wallpaper set or DIY tools you bought and never used it after the job was done? And the ladder, drill, wheelbarrow, toolset, gardening tools, leaf blower, mower, tile cutter, and the power washer, all of these are potential for extra income.
Did you buy a projector for a special event or a presentation? A rather expansive item, but a handy one to own. Rent it out for extra income and let it pay for itself.
Weather permitting; your outdoor equipment can also be generating income for you while you are not using it. Deck chairs, outdoor umbrellas, furniture sets, hammocks, BBQ’s are all potential income generators.
If you haven’t been able to wake up the musician in you then why not lend your stuff to others. Pianos, Guitars, keyboards, karaoke machines, and the drum set.
Make money hiring out your digital camera, camera stands, lens, lights, and the Go Pros.
Bicycles are the most commonly owned item that you don’t use it as often as you intended to but there are other items such as skis, snowboard, boots, surfboard, kitesurf, rackets, football nets, golf clubs, and the list goes on.
Yes. What about dinner suits, top hats or hire out your costumes for special events or parties?
Rent out your Play stations, table tennis, and foosball table.
To name a few, you can hire out your baby prams, cots, toys, and car seats.
When hiring items out, it’s important you keep them safe. Our Rental Security Authorisation means that anyone borrowing anything must pre-authorise their card to be charged the deposit amount in case they fail to return or damage the item.
The Rental Security Authorisation feature is only available for members who connect their Beehiveit account to Stripe. Read our step-by-step guide to connect to Stripe.