Make Money Renting Expensive Equipment
I’m thinking Canon 6D camera, photo booth, treadmills etc.
Obviously this is not so passive and something’s could be a bitch to deal with (i.e anything big that doesn’t fit in your closet), but hey, this is just another form of rental income and the ability to reap in rentals week after week is pretty cool.
I’d stick to something specific (as always!) and market it through local free online directories, and maybe a nice S.E.O optimised website too. Something like a quality camera could work – first start with one, and when you see that getting rented out a lot, buy a second one etc.
PS One more smart (and cheap) marketing method is listing your for-rent product on those rental sites – ie those sites that are like Craigslist, but just aimed at the rental market.
Our goal is to find multiple income streams, and the more passive the better.