I was sitting around one day and got a
text from someone that I know who runs a
gym in my local area since I used to
train people and create nutrition plans
for them he asked me if I'd be
interested in creating and running a
summer training camp for those of you
who don't know I used to do this sort of
thing in my past life so I had the
knowledge and the equipment to make this
sort of thing happen now since this
isn't something that I do any longer I
had to say sorry dude got to decline
your offer which I felt weird saying no
because he offered me pretty good money
but it's not something that I do any
longer that was when the light bulb went
off in my head if I had this stuff just
sitting around then why not try to make
some money off of it
since I don't use it all the time I've
got a garage gym with a ton of equipment
that I'd used in the past to train
people so I told him that if he needed
anything and I'd be more than happy to
rent it out - long story short I gave
him the equipment and in return he paid
me a weekly fee the vast majority of us
will - me cuz I'm a minimalist have
things just kind of lying around that
don't get used very often or in some
cases don't get used at all
instead of letting your stuff just sit
there let's try to get it to start
generating you some money on a regular
basis in this video I'm gonna go through
a few different online websites that'll
help you make some money renting out
your things this is a nice little side
hustle to help you make some money on
the side for doing little to no work
with items that you already own it's the
perfect way to help someone pursuing
financial independence retire early make
some extra money on the side so they can
achieve fire a lot quicker I'm gonna
throw a wild card one on this list that
is very interesting even if you are not
interested in renting out your things
you could think about using one of these
services to write things for yourself in
the future hey I'm Jarrod with an A and
on this channel we like to talk about
all things personal finance and
investing and financial independence and
all that fun stuff the first way to make
money renting out your things is by
renting out your car when you're not
using it Turo and Getaround are the two
major platforms that match someone who
wants to rent out their car with someone
who wants to rent a car the rates vary
based on the type of car you have and
which platform you use so you'll have to
look into how much you can make from
both platforms I could see this working
for two-car households someone who
doesn't need their car all the time or
for someone who plans on going out of
town and flying and is willing to run
out their car while they're on the road
two big differences between Turo and get
around
is that get around will connect a little
device to your car so that a renter can
just unlock your car through an app that
they download on their phone with Turo
you have to physically meet the renter
so you can check their ID and hand over
the keys I've even heard of people
turning this into a little business I
think that I recall someone talking
about how they leased a bunch of I don't
know cars vans or trucks and then
renting them out specifically through
Turo and I thought that was a pretty
good idea I can't tell you how the
numbers work out so if you want to do
this please please please run the
numbers before you start going out lease
in a bunch of cars next we have spin
Lister now this one is geared more
towards renting out outdoors gear that
specialize in surfboards bikes and snow
gear like skis or snowboards my buddy
and his wife have two bikes that they
don't use all the time so they've
actually used spin Lister to list these
bikes on there and rent those out a few
times keep in mind they don't have super
fancy bikes and they rented those
suckers out
for about $30 per day if you live in a
major city with a lot going on then I
could see this making you some nice cash
on the side we are all familiar with
renting out a house on Airbnb but what
about not only renting out your own
house but renting out a room in your
house another website that I found for
this is called home stay calm with them
the host has to be present while the
person is renting the room in the past I
always found it weird that someone would
rent out their house while they were
still there until I was a guest in
someone's house through Airbnb last year
I rented a room from someone when I was
traveling for a Spartan Race in Virginia
and actually had a really good
experience think about it like this if
you've ever had a roommate then it's
kind of like that except the better
because they don't remember say their
welcome and when you get annoyed with
them you can finally be like okay get
back out of here and they're paying you
honestly people are just looking for
somewhere to stay so you don't have to
have an outrageously nice house for
someone to book with you I've even heard
of people setting up little campsites in
their backyard and renting those out
some people are just looking for a place
to say and others are kind of looking
for a little experience the whole pitch
a tent around a fire pit is a really
good idea if you're creative then think
about the experience you can create in
your current living space that would
kind of make people want to stay there I
don't necessarily live in a very popular
destination and I'm a minimalist so I
already don't have much of my house
anyways but if I was gonna get creative
and rent out a room then I would market
it as something like an ultimate
minimalist expiry
feel free to steal that idea if you want
if you are female or have a woman in
your life that has a bunch of clothes
which I know most of you do I have two
sisters and I know you do then you might
be interested in renting your clothes
out through style and ladies I love you
but most of you like to accumulate
clothes I know there's guys out there
that do the same thing but this one is
geared more towards women if I find a
website for dudes I'll put it up right
here with this platform you can rent
things out from dresses to shoes to bags
to all kinds of accessories as well
after this video I'm gonna go create an
account for my future girlfriend or wife
so we can profit on her wardrobe
yes I'm open to dating a non minimalist
just so you know the process is super
easy when someone rents something all
you do is ship it out to them and
collect that 80% of the price that you
charge if you have any camera gear lying
around then check out a website called
kit split I like this one because they
make it easy for you to either meet the
renter in person or ship the gear
directly to them I kind of wish that I
knew about this before I sold a camera
that I had lying around a few months ago
because I could have been generating
consistent revenue on that camera by
renting it out on a regular basis if you
want to try out a more general website
where you can list any items you have
then a few good ones that I found are
rent not by Z lock or zilog however you
pronounce that and the loanable z'
I'm gonna need some power tools soon and
I don't want to buy those things so I'm
gonna check out one of these websites to
see if I can find anything good on the
minimalist enemy does not want to have
to buy a power tool use it once and have
it sit around now it's time for the wild
card it is Airbnb experiences with this
one you're not necessarily renting
anything physical out to people you're
renting out your knowledge and
creativity Airbnb has started promoting
experiences to people who rent with them
so when someone books with Airbnb they
show them a bunch of different
experiences that they can do once they
get into town this service is focused on
entertaining people who are in from out
of town they're kind of looking for
something fun or possibly unique to do
think about it like this if a friend of
yours was coming into town and they
asked you for some things to do then
what would you recommend they do got it
in your head now take that idea and
offer it as an experience to people
you're essentially leading people on
activities that you enjoy doing or know
a lot about in your local or surrounding
City the nice thing about this is that
your customer
is already gonna be in town since
they're renting a place from Airbnb
anyways I would suggest signing up to
host an experience and check out what
other people are doing in other cities
to give yourself some ideas make sure to
Hulk smash that thumbs up button and
check out the description for more
resources and playlists to help you all
with all of your personal finance and
investing needs I'll see in the next one
friends a Dios