Hiring Things Out Ideas

I think its a great idea if you can find a good product to hire out....i have also thought of this, on a small scale though, like chocolate fountains, hire cars - weddingy stuff really! i know someone who used to hire out bouncy castles and one of those tall floaty figures blows air through it, cant remember what they are called but made a decent living from it, dont know if he still does it.

how about your own carpet cleaner? Let them have it for say a week. You would have bought it anyway for your own home.

lawtz it appears to me you are looking more for idea's of renting out building space with your idea's of photo studio, arcades etc.

with business rates / mortgages or leasing costs eating into your monthly income along with insurance etc this would only be viable if you had a business that wanted to move in long term. great once they moved in you just receive the rent from them without any work. Well in reality this is not the case. maintenance and other factors occur more often then lets say buy-to-let housing.

in a buy to let house if a bulb blows most occupents would buy their own. if a florescent bulb blew in a business premises they'd be phoning you up for a electrician to come around and also some businesses may claim loss of income due to building work. which is where some businesses that rent out space are always popping in to do maintenance checks.

if renting space is a plan (if thats the path you are looking for) then buy to let can be less hassle and more guranteed income as there are lots of people looking for homes as apose to businesses looking to rent premises at hgher costs the standard leasing.

think about it. to cover all your costs and make a profit you would be looking to charge a rent higher then bills. not many companies would want to do this as its not financially beneficial. and their costs of painting the walls white for a photo studio or installing extra electrical sockets to plug in the 2 dozon XBOX and LCD screens would not be financially viable if the business would only rent for a month.

businesses wanting long term leases want property in high visable places where natural footfall is high to reduce their advertising costs. and most properties in highstreets and side streets of town centres are already owned by councils. so unless you already have a prime spot building already paid for in full and your willing to keep an eye on it then business leasing is not a plan..

personally using the space IE you being the manager of a arcade is more profitable, but still not as viable because most kids these days have internet connected to their xbox's at home.. possibly if you wanted to open a arcade style thing. it would have to be treated as a "tournament" event thing. but still risky customer wise.

renting/hiring equipment is more profitable. but if you want to stick to property renting. look more into domestic lettings more then business letting.