I’m Rhen Hoehn, creator of Smart Rental Business. If you are looking for a way to bring in some extra income on the side, whether you want to pay for your children’s college, pay off debt, or save up for a big vacation, this page is for you! It contains the information you need to get up to speed quickly and start your own side business for extra income with confidence!
Rental Business: The SRB Definition
There is a multitude of opportunities for side businesses, but I am a strong believer in the product rental model because I have had great success with it myself. Even within the rental market there is a wide variety of business opportunities.
Smart Rental Business focuses largely on product rental, including everything from tables and tents to wood chippers, mountain bikes, and record players. Real estate, such as house rental or vacation home rental, is beyond the scope of what I cover here.
I love product rental because anybody can start a product rental business using items that they probably already own, which are often sitting dormant in the garage.
This type of business model can be run on evenings and weekends outside of a regular full-time job. This is how I earned extra money for college while attending school and working internships full time.
The SRB Business Model
I am an advocate of starting with the minimum viable business and growing by testing and creating more value for customers. The basic steps in the blueprint for a side rental business include:
• Choosing a product
• Determining your prices
• Setting up a way for customers to contact you
• Testing the market
• Building a website
• Building an email list
• Collaborating with other companies
• Growing the business as large as you would like.
You might want a side business that brings in a couple hundred dollars every month, or you might want to grow your side business into a full time job. Either way this blueprint will get you there.
Starting a Rental Business: What to Expect
I have three blog posts that I would suggest as required reading for anybody who wants to start and grow their own side rental business.
These articles will give you a good sense of what it takes to get your own side rental business off the ground.
My Newsletter and FREE eBook
Before I let you go so you can take action and start your side business, I’d like to invite you to subscribe to my newsletter, which is full of exclusive content that you cannot find here on the blog. You can unsubscribe at any time, but I promise you will not be disappointed.
As a thank you, you’ll get instant access to my eBook “Rental Product Ideas: 50 Things You Might Already Own That Can Make You Money as Rentals” which will jump start your brain storming as you begin to choose a product, or line of products, for your rental business. By the time you get through the book I promise you will have ideas for products that you may already own that can be rented out as a side business.
Just enter your name and email below and you’ll get a copy of it right away.
I Appreciate You!
To finish up I just want to say that I am here for you as you build your rental business. Please drop me a message via the Contact page if you have any questions or comments.
It can be difficult for me to keep up with all of my messages sometimes, but I will get back to you as quickly as I can!
Thank you so much for your support. And if you’ve made it this far, I’d love for you to come say hi to me on my Facebook Page. I’ll definitely respond, and I look forward to meeting you!
P.S. If you are interested in a consulting session with me to fast-track your side business, you can learn about that Here. Thanks!