Archive for the ‘idle assets’ Category

You do the math

November 6, 2008

Below is a photo of two items which are regular rental items: A family car vs a paint spray gun.


We don’t have to be a maths genious to work out that it’s a far better return on investment renting out the spray gun. It’s a wopping 50% Return on Investment…. versus a too small to calculate return on investment for the car.

The point is the renter is still getting a massive benefit in renting out the Spray gun even though ther ROI is very high for the owner who is renting it out.

The benefits to the person who rents the spray gun instead of buying it include:

– Still saves 50% of the cash to buy one

– Doesn’t have to store it and let it gather dust

– It’s better for the environment to have one less spray gun

– They get to meet someone in their local area

– Both parties win financially.

So the point to all you rentoiders out there is. Put some stuff up there to rent and you’ll be surprised at the returns on investment you can get. Some are very, very good. And everyone still wins.  It’d be worth checking out the prices to buy some items and do a mini entrpreneurial project.

And of course if you need any help and ideas on how to do it call us any time

Cheers, rentoid team.


Temporary needs

August 21, 2008

Be prepared to be blown away…. Seriously. It’s going to shock you… well kind of.

Pretty much all of our needs are temporary. We actually use our bed more than any other item we own. So what is our real usage of stuff we use much less often? When we break it down to “time available”, it’s quite surprising. I thought I’d start with our biggest expense – the car.

The average usage of cars is as follows:

10,000km per annum = 1.8% of time available

25,000km per annum = 4.7% of time available (average in Australia)

50,000km per annum = 9.4% of time available

* This means that for more than 90% of the time the car we own is idle. Which then means 2 things. We could either rent a car when we need one…. or even better rent out ours when we are not using it. Especially if it is a bit of a bomb! it’s an asset of real value just sitting there….

Imagine all the other idle assets you own which you could be making money from.

A chat about rentoid on TV

July 5, 2008

Here’s a more permanent link to the recent rentoid interview on Channel 10’s ‘9am with David & Kim’. We had some feedback that the link on the previous blog wasn’t working…

Also – we’ve just started a rentoid Youtube channel where we’ll post any videos we do, make or link to on this blog. We’re hoping you’ll be able to understand a philosophy a little more as well as watch some cool videos we post there. Be sure to check it out or subscribe to it.

TV Interview with rentoid founder Steve Sammartino

June 30, 2008

Please find below a link the interview on Channel 10 with our Chief Espresso Maker & full time rentoid evanaglist – Steve Sammartino.

 Click here to watch it.

We’d love to hear your thoughts!

Fractional Ownership & Transumers

March 25, 2008

What? We hear you say!

Transumers are consumers driven by experiences instead of pocessions. For those seeking to free themselves from the hassels of permanent ownership, fractional ownership is a logical choice.  As you know, we’re constantly getting more and more cool items which you can have access to to right here on

As people start to wake up to the fact that it is smarter and better to rent stuff than own it more companies are providing similar solutions to One such firm is Fractional life based in the UK – who specialise in the high life, like renting high end yahcts, supercars, and Mediterranean beach houses.

Yep – we’re on the same wagon. But hey, the rentoid view is let’s all get the word out and make the pie bigger and we can all benefit together.

If you know any rich dudes with idle assets – tell them about rentoid and the opportunity to rent them out a fraction of the time…..

Like what? Like high end handbags, Sportscars, Business jets, Helicopters, Racehorses, Ski chalets… All these can be rented out with little fuss on


….then they can take advantage of all the ‘transumers’ out there.

Get Quirky

March 19, 2008

As times passed by working on we’ve realsied that people love renting the strange and quirky items. So we’ve brought them to the service to:

So why not click on the Atari joystick and get quirky… You decide what’s quriky by tagging our stuff for rent.


 Rent a dog. Rent a cat. Rent a hot dog cooker. Rent a donut fryer. Rent a dune buggy or even a jumping castle!

 Yep. Rent it all at


March 11, 2008

Given that we, and most members are “surprised” at how many….

awesome, strange, curious, quirky, cool, radical, ideal, cheap, expensive, crazy, wicked, everyday, outrageous items we have for rent…

….we decided to add the surprise me button.


Click here or here to get surprised. Then keep clicking…

Cheers, the rentoid team.

Renting and Bob Dylan

February 27, 2008

As far as we are concerned we are to the economy, as Bob Dylan was to a generation.


Rentoid is a movement.

A bit Grandiose – maybe. But this is what we stand for:

That’s us. That’s our belief system.

Get on board. Tell your friends.

Rent a treadmill

February 8, 2008

Little known fact* – OK GO – hired their treadmills on !!!

* Nah, just kidding, we made that up so we could post this cool music video!

But you can click here to hire a treadmill on

And don’t forget to rent out the treadmill you have at home your not using to make some cash.

School funding cuts

January 21, 2008

With continual school funding cuts, it is hard to have or purchase all the equipment your school needs.

Use to your advantage. We have the solution right here at rentoid.

If you’re school needs or has:

Sporting equipment, high jump mats, laptops computers, BBQ’s, printers, photocopiers, jumping castles, trestle tables, science room equipment, gym equipment, football ovals, basketball court, rowing boats, even a minibus or literally anything which costs alot to buy, and is worth enough to rent out…


Do it right here on

Make some money for your school by renting our your equipment – Fund other purchases.

Save money by renting equipment for school events, sports carinvals, swimming carnivals and School fetes. With so many of any schools needs temporary it just makes sense to rent your school equipment to other schools when you are not using them. Also, why buy equipment you only need once a year? We’ve got it all here at, and if we don’t we’ll find a member who does.

We’ve got thousands of members waiting help your school out. And if any school is interested, let us know and we’ll start a school rentoid connect group.

Cheers – the rentoid team.