The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Side Hustle - renting out my cargo trailer - any tips?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Redwolf

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
May 6, 2018
57
120
126
Southern California
Side hustle TLDR:
I have a 6x14 ft enclosed cargo trailer with an air conditioner and microwave in it that I am no longer using. I am going to start renting it, at first advertising it to my existing customers.

Questions:
  • Does anyone have experienced doing rentals not on a marketplace?
  • What did you do for a rental contract?
  • Insurance?
  • Or, should I go ahead and just list it on rvshare or outdoorsy?
  • What haven't I thought of?
  • Any huge liabilities I'm opening myself up to here? (would/could be rented under my business LLC)
  • I would like ~$200 per rental, so would structure as a 3 or 4 day rental period at $50-65/day. Does that seem reasonable?
Is there a need for this?
I see tons of folks at the track with rented u-haul motorcycle trailers (open, not enclosed) and lots of folks camping in RVs, and some even sleeping in their cargo van, pick up truck's bed or tents on the ground. So, I believe there is a demand for an enclosed trailer rental that can transport their motorcycle(s), locked and covered, and potentially, can sleep in the trailer. BYOB, bring your own bed.

The why?
Obviously side income and testing the waters for expansion with other cargo type trailers. For the renter: if you've ever rented a U-haul from around Los Angeles, it sucks, it takes forever to pick up and drop off and you feel like just another sale. For the extra money vs renting u-haul, they would get to have the trailer for a lot longer, which means no need for them to stress about picking it up and returning it in a 24-48 hour rental period. It gives them more time to get the trailer loaded for the event, stress free.

More Info...
My main gig is running a motorsports photography company in Southern California at road race courses. This is the existing customer base I would be advertising to.

The trailer is small enough to be towed by a minivan/small SUVs and it's like a no frills toy hauler / camper. Although there is no emergency exit window, so in theory they could get locked inside if someone closed all the bars on the doors while they were inside. If you put a padlock on the bottom of the bar that goes over the side door, it won't shut, maybe that's good enough? Or maybe I should either say "no sleeping in it" to CYA or install an emergency exit window.

I have a website that attracts hundreds of potential renters per week that want to view their photos online from the motorsport event they were just at -- so could promote this right on the site and send out an email blast. Also promote on our instagram (6300 followers).


20210430_161537 (1000px).jpg

inside bike (1000px).jpg
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Last edited:

Sponsored Offers

  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
@Fox It's same with me Did both quiz and application but as yet no automatic confirmation, just...
MARKETPLACE 7 Days To Freedom: From Wantrepreneur/Wage Slave To Freelancer
freelance is cool. but to own a business is like freedom. A newsletter I'm subscribed to gave...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
If you are in IDEA mode, text "IDEA" to the above number. If you are in LAUNCH/START mode, text...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
I have a long weekend off work.. bought your "Start a Freelance Business: Take Back Your...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
If there’s one thread I see repeated over and over again on the forum, it goes like this: “I...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Thanks for clearing that up. What do you recommend for those who are still in the process of...



Forum Sponsor

Over 100 Fastlane Students
More Details...

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom