Today we are interviewing Dominic D., a real Loaner who is enjoying the money he has earned by loaning out his stuff on Loanables and wants to share his experience with the rest of our community.
Q: Why did you decide to become a Loanables member?
I couldn't think of a good reason not to become a Loanables member. I could have stuff sitting around in my garage collecting dust, or have it make me money. It was a no-brainer!
Q: Have you Loaned, Borrowed, or Both?
So far I have only loaned. Every person I have dealt with so far has been courteous and easy to deal with.
Q: How has your experience been?
A++. People that need an item only once get to use it at a fraction of the cost and don't have to store it, and I get to recoup the money I have invested. It's a win-win.
Q: Think about your most popular Loanable -- the item that has rented out the most. Based on the income you've made from this item and the original cost of it, what has been the return on investment (ROI) for this item?
My most popular item has been loaned out several times, and has more than paid for itself. Like I said before, it could have just been collecting dust. Instead, it is earning me money.
Q: How does that return compare to your stock portfolio??
Much, much better -- and with no risk!
Q: Would you recommend Loanables to your friends?
What items do you have that others might want to borrow? Take 10 minutes today to walk through your garage, closets, and attic and post some stuff on Loanables today! What will you do with all the cash you'll earn?