How to Start Event Rental Business - With $0! - Right Now!

[@TheTrueMitch]

I got started for $50 in july. I bought 85 metal with wood seat chairs from a church rummage sale for $50. Then I posted on my fb page and some groups asking if anyone had some old banquet tables for sale, and I ended up collecting 8 pretty beat up tables for free. I rented them out twice before selling all 8 for $100 and bought 3 plastic 6ft lifetime tables locally. After a few more small rentals I bought 4 more tables. So total now I have 85 chairs and 7 plastic folding tables. I usually have 1-2 small rentals every weekend. I only advertise on the facebook market place. I usually average $200-400 a month, which isnt much but its slowly being snowballed into more tables and eventually new chairs. It also pays my $100/month storage fee which I also store other stuff in. I think one or 2 more seasons and I'll be in a pretty good place equipment wise. Plan to pickup some pop up tents over this winter to prepare for spring.

[@TheRentalJourney]

Thanks for sharing!

[@803jcarolina]

Nice!!

[@MisschampagneAKAcc]

Thanks for this!

[@drawingdoodles7]

How did you get customers at first? Fb or a website?

[@lindoskyi]

Thanks for sharing.

[@toneyslifestylehustlez8574]

I started at the Backyard lol But Exactly No Excuses just Do It ! Very Motivational Video Hopefully somebody Starts Making the Move .

[@TheRentalJourney]

Thanks Toney!

[@coralgutierrez7776]

How should I handle the money coming in and where it should go and how to put in order bookings ?

[@TheRentalJourney]

- Put it into a business bank account. - Use a software program for bookings. Wave Accounting is a free one that accepts credit cards.

[@EricGrotheJr]

Hello. I’m Eric from Marquee Hire Sydney. This man speaks the truth! I bought 2nd hand marquees, tables, chairs, walls, sandbag weights, everything, and despite Covid affecting the events industry, we still managed to make enough money to be able to completely upgrade all our equipment within our very first 10 months. Now we are proud when we put up our brand new commercial grade marquees and fresh hire equipment. You definitely must work very hard and continually sharpen your system, but if you spend the time researching, there’s PLENTY of work out there. Here’s a little secret tip... choose a smart business name that serves you without having to push it too hard 😉

[@TheRentalJourney]

Thanks for sharing your story. Wishing you epic luck for your business!

[@jayrey2075]

Hey what kind of chairs do you have?

[@TheRentalJourney]

Samsonite grey/black, white resin, wood stacking, white fanback, Chiavari

[@HouseofMaki]

So I took your advice and posted chairs and tables pics on FB marketplace and Instagram and yes! I’ve had about 5-6 ppl messaging me about renting them....these people need chairs and table for at least 150 PEOPLE!!! I can’t fulfill that request at $80 per tables; even if I take full deposit; that’s like nothing lol I’m renting these tables at $8 a piece which is the market around here. Idk what to do 🤦🏾‍♀️🤦🏾‍♀️

[@TheRentalJourney]

Look for used gear. And if tables are $80 and renting for $8 that's only a 10x difference. All you need is 20 bookings to cover your full cost of those tables. If you already have 5-6 bookings you can probably get another 15 before Spring easy. It is a little scary.

[@HouseofMaki]

Gorothbalion yes. I’ve looked through Craigslist; trying to figure out how to maybe find restaurants that wants to get rid of their tables or chairs if they’re remodeling etc! Hope to figure it out! Thank you! I appreciate that!

[@djosserperrah9563]

@@HouseofMaki hey how did it turn out?

[@ShanenSoSassy]

houseofMaki what happened ? Did you fulfill the requests

[@motionmuse5684]

Thinking about fb marketplace promotion.....so I can do Pre books on fb marketplace? What if they cancel?

[@caroo8122]

Where do you buy your equipment?

[@raquiyahrahman-aquil9468]

If you were starting out again in your garage, how many chairs, tables, and tents would you buy with a budget of $5000?

[@gelidecor7790]

I started from my apartment from 0 for my wedding business

[@TheRentalJourney]

Awesome - glad you shared - seems like you're not the only one!

[@HouseofMaki]

That’s awesome! I’m still in my apartment and my living room is just boxes over boxes lol 😆 oh well!

[@TheRentalJourney]

Rent a little garage?

[@420tradesmith]

I dont know so much about that. Facebook groups is over filled with that stuff and competitive pricing. Say maybe the usual about $100-150 for 6 tables, 60 chairs, and a bouncer. That’ll run you a few hundred to be able to buy. Motivational but not sure pre booking without equipment is a way to go.

[@TheRentalJourney]

I suppose they're just words. Maybe next off season what I'll do is actually try to do exactly that on camera starting with $0. Just to prove it's possible. And hey maybe I'll fail to the cheers of critics. Regardless, I think that would be a fun series of videos.

[@Januarygaby]

Great advice! I have everything I need to start my rental business except the transportation part. My truck is in the shop its going to be a couple more weeks before it gets fixed. What do you recommend to transport my rental equipment?

[@TheRentalJourney]

Truck trailer, van works, or cube truck. If you're just starting use what you have.

[@smeg8557]

Where do you find the items wholesale?

[@therentalguy]

This video is a great motivational tool. You are so right. Your channel is always a great watch! Also, thanks for mentioning my channel.

[@TheRentalJourney]

As an esteemed patreon subsriber of my channel, I am now bound to return the gesture and help you grow your channel. It will take time and hard work, but know that now you have allies to help you accomplish the task.

[@OHOUSER]

I agree. I tell people to start with an "ant mentality". Start with what you have, and store up a little at a time.

[@thehelpfulentrepreneur1148]

Great tips Les for anyone that wants to get their rental business going! Get out there and start! 👍

[@roti1873]

Got any secrets on cocktail party style dress rentals? I know you don't rent clothing, but I see an opportunity in my region for that. I'd appreciate any pointers

[@coffeewithfrosty5826]

Thanks for your videos. You mentioned in one of your videos you used an answering service. Would you mind sharing which one you use? I can't find which video it was on! Thanks!

[@TheRentalJourney]

I hired 3 ladies one after another. First one worked 2 weeks, second a short time also but don't remember quite how long, third lady worked about 5 months. But I hired them all directly. In the end me picking up the phone ended up being better in terms of customer acquisition.

[@coffeewithfrosty5826]

@@TheRentalJourney . Thanks for responding!!! Yeah... I have had the same issue. I am considering hiring an answering service but not sure if I want to go that route. Best wishes for a great 2020!

[@franciscoaguilar1287]

Just started 2 weeks ago an so far i just been renting the chairs and tables that i currently own. hope too keep renting them to get more.

[@artofcreation9441]

You are a great character ! It is fun to watch you!

[@TheRentalJourney]

Thanks!

[@MsMaxine215]

LOL!!!!! But what he's saying is real! I built a successful catering company with this same method! No money and bad credit!

[@rochannshimmer5158]

Thank you for all your helpful tips. 😊

[@ssrtrentalsstarrprice7150]

Hey awesome video. People can use a lot of ways to promote their business Attention is a great way to get your company out there like pictures videos

[@juandmz3363]

How do you start with no money you never explained how

[@HouseofMaki]

Lol you’re funny! But yeah! I will follow your advice TODAY! I have a google presence for my yard cards ( which is super slow now because it’s cold) and I’ve had at least two people texting me about tables and chairs and i just sent them to another company. Don’t yell at me!!! yes I know I’m dumb 😩

[@TheRentalJourney]

Haha. Thanks for sharing!

[@evangelinega-ang1210]

I always don't have money🙈🙈but after watching this...I think million times🤔🤔🤔

[@bestofcapetowndramaticslae1786]

Lol... Had such a great time watch this video... U were so seriously hilarious.... But the truth must be told. Thanks so much for this hard hitting advise

[@TheRentalJourney]

Glad you found it useful.

[@Mrhaydentv]

Great video taught me a lot thanks.

[@TheRentalJourney]

Thanks. I might need some Amazon FBA advice in the future. (:

[@Mrhaydentv]

@@TheRentalJourney Of course here anytime buddy :)

[@dominikmarks92]

VERY STRONG SPEECH! THANKS :)

[@abrahammartinez3064]

This was the strangest motivating video ever 😅

[@vanessarussell3493]

Love your video, thank you

[@tomenye2920]

you are so right bro

[@rolandobells7380]

Thanks for the advice(:

[@latashacook6024]

Thanks

[@MrZakflame]

Lol... love this guy.

[@kiaralewis30]

No Excuses!!

[@Matrim42]

Elon started with his family’s South African emerald mine money...

[@TheRentalJourney]

haha. That's an old wives tale.

[@a.s.n2029]

You TALK and sound like a math teacher! Hahaha

[@ronaldhayes1446]

He provided no useful information whatsoever.

[@thetentguy]

Funny video

[@AG-tc4lx]

LOL dude hate his business but try not to show it