BabyQuip

What: Baby equipment rental service and marketplace; the site claims to help you to start a business renting out baby gear

Expected pay: Averages $600 per month

Where: Most major cities nationwide

Commissions and fees: 18.5%, one-time $100 set-up charge, plus the cost of a commercial liability policy for your rentals

Requirements: Baby Gear

Review:

PROS:

  • For parents who already have a lot of baby equipment, it is an easy way to make extra money renting out equipment you already own
  • You get to set your own prices

CONS:

  • Platform costs are high
  • $100 fee to start
  • Required to deliver the gear to the customer
  • Necessary to have insurance (5% to 20% of the value of your monthly rentals) to protect you from liability

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