Do you own popular summer equipment, like a spare boat or pool, you’re not currently using? Consider listing these items on rental marketplaces and earn passive income.
Individuals with boats and watersports equipment like kayaks, paddleboards and canoes can list these items out on GetMyBoat, the world’s largest boat rental marketplace. Val Streif, marketing manager at GetMyBoat, said the average owner on GetMyBoat earns over $15,000 annually.
Swimply, dubbed the Airbnb of pools, is a gig app that allows people to list their backyard pools for hourly rentals. Pool owners decide how much to list their pool per hour, set the available times and days and determine amenities that will be included like pool floats or access to bathrooms or fire pits. From there, Swimply does the rest to book the pool to interested parties.
How much can you make in an hour renting out your pool? A Swimply representative told GOBankingRates the average rate of pools on Swimply is $45 an hour. Beyond an hour, it’s possible to earn thousands of dollars via pool rental. According to the Swimply representative, the app’s highest earner lives in Portland, Oregon and has already earned nearly $200,000 in two years using the platform.