Archive for the ‘making money’ 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.

car-vs-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.

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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.

Top 10 rental items

August 18, 2008

Because everyone is asking:

Here’s a list of our top 10 searched rental items on rentoid (in order) for the past month. This is the stuff people are looking for & ultimately want to rent.

  1. Fridge
  2. Treadmill
  3. TV
  4. Boats
  5. Nintendo Wii
  6. Computer / Laptop
  7. Camera
  8. Motorbike
  9. PS 3 (Playstation)
  10. Caravan

You got this stuff? Then get it here on rentoid as our members are here everyday looking for this stuff to help you make money.

Cheers, rentoid team

A Current Affair & rentoid

July 23, 2008

To save you from clicking around, here’s a Youtube video of the rentoid feature from A Current Affair last night.  Watch it right below:

Surprised

March 11, 2008

Given that we, and most rentoid.com 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.

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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.

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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.

Square watermelons & storage space

February 13, 2008

We just had to show you all this crazy innovation. Square watermelons.

 square-watermelon.jpg

No, it’s not a trick.  Retailers in Japan wanted watermelons to be more efficient in transport and take up less space in stores. One savvy farmer decided to think inside the box (crappy office jargon and pun both intended). The idea was simple enough. Plant the seeds in a transparent plastic case. And there you we have it. Innovation and space saving in one.

 square-watermelon-2.jpg

So to all your gardeners out there. The first sqaure watermelon to be grown (with proof) to be emailed to rentoid.com will be posted on this here blog and win an itunes voucher for $100.

If you need to rent some gardening tools, then click right here!

Rent a treadmill

February 8, 2008

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

* 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 rentoid.com

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 rentoid.com 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…

 school-rental-stuff.jpg

Do it right here on rentoid.com

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 rentoid.com, 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.

Rentoid founder on G'day World

January 5, 2008

The rentoid founder & CEO Steve Sammartino was recently interviewed on the Podcast Network.

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www.thepodcastnetwork.com

It’s a pretty open and honest account on a range of topics including rentoid, life, entrepreneurship, large corporations the environment and investing.

It was on the G’day World channel with Cameron Reilly. It goes for about 30 minutes. Click here to listen.