5.0
FriendWithA is an online rental marketplace that connects people to rent out items in a variety of categories. The platform allows people to loan out all sorts of equipment ranging from outdoor backpacks and climbing equipment to camera lenses and lawn tools. If you have any gear that you are not actively using and you’d like to generate some passive income, you can list items and rent them out to others for a short period of time. FriendWithA’s goal is to make experiences more accessible and affordable for everyone.
FriendWithA makes it easy to join the platform and list items to be rented out. Sign-up is free and once verified, you can list your items. The platform will guide you through filling out item details, availability, and condition. You can even easily upload photos of items.
FriendWithA promotes your listings to thousands of potential renters. If someone wants to rent your item, booking and confirmation can be done with one click to arrange a convenient pick-up location.
Lending out items to complete strangers may be scary for some, but to ease that concern FriendWithQ verifies users and renters. To use FriendWithA’s services renters are vetted and must provide a damage deposit to cover property up to $125,000. This platform insurance is available to all users when a transaction takes place.
FriendWithA makes renters sign a liability waiver when borrowing sports gear or tools to make certain you aren’t held liable if a renter injures themself while using the item.
Users can earn money by referring family and friends to FriendWithA. After your referral makes a successful transaction, the referrer will receive a $20 referral fee and the referee will receive $10.
Being near a big city gives users a better chance of being able to find gear to rent and finding renters to rent your gear. You can list virtually any item, but there are no guarantees FriendWithA will find a renter for you.
FriendWithA only allows one payment method: direct transfer. For users that want to use PayPal, Venmo, Zelle, or cash, FriendWithA won’t be a viable option for you.
Every time a rental exchange occurs, customers pay FriendWithA a commission fee. This fee varies, but it’s typically under 10 percent.
If you have gear that is in high demand in your area, you could enjoy some extra cash while you aren’t using it. FriendsWithA is a user-friendly platform that makes it simple to find items to rent in a specific area or make money by renting out your own stuff.
The FriendWithA business model makes it easy for people that want to try something out before they buy it, helps keep consumption low, and makes it possible for people to get involved in activities they couldn’t afford otherwise if they had to buy all the gear upfront.
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