Why you should rent your extra Camera Gear! How I Rent Locally to make Hundreds A Week.
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- Опубликовано: 22 июл 2024
- We all know as photographers, cinematographers and content creators we can make money with our gear by directly working with clients. Well today we are taking a step outside the box and looking at another way to make money with your camera gear!!
Today we are talking Local Camera Gear Rentals. First lets talk about why I rent my Gear and the 3 main reasons I do. But listen close because extra money in my pocket is not the only reason you should be renting your gear.
After we chat about the reasons you should be renting out your equipment, we will chat about my process for Local Gear rentals and how easy it is to manage.
Lastly I will show you a real life example of a 2 microphone rental kit I put together that rents for $80 per day!!! Lets Dive in!!!
Download My lease Agreement:
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VIDEO MARKERS
0:00 - Intro
1:49 - Why I Rent My Gear
4:07 - My Rental Process
5:02 - Download a Lease Agreement
9:36 - Rental Kit Example
13:30 - How I Process My Rentals
16:16 - Question For You??
16:28 - END
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Are you renting your extra camera gear? If so are you using sharegrid, another platform like parachute or managing it yourself like I do?
This was super informative!! I currently have only a few pieces of gear (one camera, couple lenses, and a bunch of audio stuff). And while I do use some of it to film my own content from time to time, more often than not, it just sits there, so this gives me some insight into the possibilities. Will be looking for some local online platforms to rent my stuff out in my area (Toronto, Canada). Great video!🔥
Great Video, inspired me to do something similar.
I have quite a bit of camera gear that I am looking to rent out. This includes digital and film gear, 35mm, MF, and LF. The SLR gear is all Canon, and medium format is Mamiya. My large format is a Toyo Field 45CF. I've been looking at going with Sharegrid, but I'll be thinking that after seeing your video.
Good info man Thank you! Do you have insurance on the gear? If so what do you use?
I’m so curious about this also
Where did you meet people to deliver and pick-up your equipment before you got your studio?
I shoot alot of weddings and event so I'm always meeting other photographers
@James D. Buzzard In the video, you mention that people come to your studio to pick up and deliver the equipment they rent from you. Prior to having your studio, where would you meet with them to do the transactions? Did they come to your home? Did you deliver and pick up the gear at the end of the rental period. Or, did you meet them at a location like Starbucks? I'm not really interested in having people come to my house, and since I live in the SF Bay Area, I'm not wanting to spend my days in traffic delivering and retrieving equipment. Once there is enough business to warrant having a studio, I will probably do that. Commercial property is prohibitively expensive in the area where I live, and I don't want to have all of my rental income to go towards paying rent on an office/studio.
@@douglasbawden3134 when I first started renting I was only renting out of my house mostly just to people I knew or people that I recently met out shooting.
Renting is just something I do with my extra gear. I do not do it fulltime or market it at all outside of the people I know or had already worked with on other projects.
To be perfectly honest. I wouldn't not go out of my way to purchase equipments just in hopes that it will rent. I purchase all my equipment upfront with my own cash to use on paid projects coming up. I just rent the gear in-between paid projects. But if the future and past paid projects couldn't justify the gear I wouldn't buy it hoping to pay myself back with rentals.
Rentals are just a nice way to make some extra money or make some money back. I don't think it would be a good business unless you already have the clientele that would be renting this gear regularly. But again if people rent gear regularly they will probably just purchase the product after the first rental or 2. So you would need a ton of clients to rent to actually pay gear off and for it to consistently be out making you money.
For instance the rodecaster pro rented like crazy at first. Everyone wanted to try it like one time. Now it sits on the shelf most days I'm not using it because everyone has one.
On driving and meeting at your home and such If you really wanted to make this a Fulltime Business you would have to do things like have people meet at your house. Potentially drop gear off and pick it back up (obviously you can get compensated for drive time and gas for the added convenience of a drop off service) and before you can even do all of that you need to get contracts and your business setup. Starting a business is in no way comfortable so you will have to get out of your comfort zone if you want to make this a reality.
Where can we get the cases for our gear?
Bestbuy or B&H are your best bet!
Parachute went out of business tho, right?
It could have since making this video but I do not use a 3rd party to rent my gear. I recommend managing your own rentals through your business.