Next week I’ll let you know how I’m doing on my goal of doing something every day this month to make extra money. I’m doing fine so far but I think I’ll have trouble finding things to do for extra money by the end of the month. Today I will share a potential way to make some extra money.
This is a new(to me) way of making money that I heard about recently. Zilok.com is an online marketplace that allows individuals and professionals to list any kind of items for rent, so that anyone can rent them. Zilok shows listings of all the items for rent in a given location along with their price, conditions and available dates, conveniently mapped around the location of the user.
The main concern I have with this service is your protection if the renter doesn’t return your item or breaks it. You can charge a security deposit to cover some of that risk. I don’t own anything that would rent for enough money to be worth the hassle of meeting someone to rent it out and pick it back up. For those of you who do have something worth renting out this service might be of interest to you. You might be able to do something similar on your own using Craigslist.
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I never thought about that. I would gladly rent the things I need occasionally such as a weedeater or folding tables. Instead we bought those things and really don’t even have a place to store them. I bet nearly anything could be rented out. Thanks!