I've noticed lately I have a bit of an obsession with tools. I hate not having the right tool for the job and I hate when a task takes longer and is sloppier because I don't have the tool I need. So I go out and buy a tool and use it once, then hold on to it forever for "the next time I need it."
I thought about setting up a free/cheap website where I can "rent" my tools out to folks in my neighborhood or surrounding areas. I live in a suburb so there's quite a few people. It's just a side hustle and I'm really just trying to pay for the tools themselves, so I can undercut home depot or other tool rental places.
The downside is these are MY tools and I know no one in the city treats things like they own it when they borrow something. Because of this, I would have a deposit that is the cost of the tool and it would be mandatory. If it's returned in the same condition, they get the deposit back. I would structure it in a way so you could rent it for four hours, a day, a few days, a week, etc.
What do you guys think? Worth doing?
I thought about setting up a free/cheap website where I can "rent" my tools out to folks in my neighborhood or surrounding areas. I live in a suburb so there's quite a few people. It's just a side hustle and I'm really just trying to pay for the tools themselves, so I can undercut home depot or other tool rental places.
The downside is these are MY tools and I know no one in the city treats things like they own it when they borrow something. Because of this, I would have a deposit that is the cost of the tool and it would be mandatory. If it's returned in the same condition, they get the deposit back. I would structure it in a way so you could rent it for four hours, a day, a few days, a week, etc.
What do you guys think? Worth doing?
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