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