We are continuing our Exploding Rental Myths series today, busting the often held “myth” that people only rent our their old junk…
This really is an easy one to squash. You don’t even need to look too hard for the evidence.
How old do you think these ipads are? Old junk? Hardly.
What about this Porsche? Can’t be more than a few years old.
This ‘ol Technika Washing Machine. Not what you call a clapped out piece of junk, hey.
In fact, spend a few minutes searching for anything on rentoid and you will find very few items that are old, or junk.
Sure some folks out there will try and rent out some stuff that belongs on the kerb awaiting hard-rubbish collection, and you will stumble across them from time to time. But they don’t last for long. One, because no-one rents their stuff and two, because even if they do rent it they can’t get the rental fees they want for it, so they don’t bother. Basic supply and demand rules- even in rental.
Successful rentreprenuers rent out quality items, at a fair price. To suggest anything else is just a myth.
