How many times have you needed something like a ladder or a projector screen for just one project? And how many items are collecting dust in your garage because while you may use them sometimes, they are not every day items?
Did you know you can make money renting out your stuff online?
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This was the brilliant idea behind Fat Lama. An online site launched in the UK back in 2016, Fat Lama goes a step beyond selling your unwanted items on a site like eBay or Craiglist and allows you to get paid over and over again for your stuff.
Since its launch, hundreds of people have made money renting out their bikes, slow cookers and baby gear, some even creating second streams of revenue.
I’m delighted to have Tim from Fat Lama as a guest blogger today to explain a bit more about what Fat Lama is all about:
How to make money renting out your stuff online
Like all new trends, the principle of the sharing economy took a little bit of getting used to, as trust in online platforms has grown. However, since consumers have got their heads around the concept, it seems that the sky’s the limit, with items from the intimate to the outlandish readily becoming available to rent.
The unique and fun part of Fat Lama is that, where other online peer-to-peer rental platforms like Airbnb stick to accommodation, Fat Lama opens the door to (almost) any item that your neighbors might possibly want to use for an afternoon.
10 Surprising Items People Are Renting Online
Cute, right? Comes complete with adjustable height setting to cater for birds of all sizes (no giggles please) for a very reasonable $7 per day. So despite any gloomy tidings you hear on the news, at least we can all sleep soundly, knowing that humankind has done its part for the chicks.
Save money on your next kid’s birthday party by renting out a bouncy house for the backyard! From $100 a day.
Now you can bring the spa to your garden and indulge in the ultimate relaxing weekend (or best ever after-party). This tub comes with floating dispenser, floating light, inflatable gear rests and drinks holders for $100 a day ($500 for the week).
Don’t worry this photo booth will not inform you whether you really are the fairest of them all. In fact, this mirror is a fun twist on your standard photo booth experience: Its touch screen, interactive and takes full length photos, which allows you to sign and add emojis to your photos.($270 per day).
Complete with a big space for your coffee beans / cups / cold drinks and many many more. From business plan to party piece this is a ‘beverage bicycle’ with great potential. ($270 per day).
Don’t buy a $200 machine with good intentions and then never use it. Rent one out for $10 a day before you commit.
This is a listing with endless potential, from pulling out the stops at your local football game to full on fancy dress or even just to trail your mates for a laugh – whatever floats your boat! $17 per day.
Presumably the sight of this party piece is designed to compel even the most ‘off-beat’ (and I don’t mean alternative) of us onto the dance floor. $225 per day.
Ever considered doing some burger flippin’ with rollers in your hair? No? Well, consider it, because this retro fast food four-wheeler is a great addition to any retro-themed event for a reasonable $280 per day.
One of the joys of a great summer party is the complete unpredictability of the weather (in opposite worlds). But these cheery lights will ensure a warm ambiance even if the outdoors resembles the Baltic more than Barbados. (150 ft long for $70 per day).
How Safe Is Renting My Stuff Online?
Everything on the site is insured to 100% of its value up to $30,000. This is included in the cut that Fat Lama takes from the price of a rental.
How To Get Started With Fat Lama
Head over to Fatlama.com and create your account. After your ID has been verified, you will be good to go! Check out the FAQ page for help on pricing your items.
More Ways To Make Money Online:
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