FriendWithA is a rental platform where you can list personal items, from skateboards to tools, for rent
Expected pay: You set it
Commissions & fees: 6% to owner; 14% to renter
Where: Washington, Oregon, California, Colorado and Minnesota
Requirements: Submit to a background check
FriendWithA is an online rental platform where you can list anything, from camping equipment to bounce-houses. However, the site appears to specialize in high-end sporting equipment such as electronic scooters, bikes, one-wheels (a cross between a skateboard and a Segway) and paddle boards.
People with equipment to rent out can list it for free. If it rents, there’s a 6% site commission and an insurance charge that varies based on the cost of your goods. Renters pay another 14% to the site.
This is a relatively new platform, so it doesn’t have a vast number of listings nor the sort of traffic that will generate brisk rentals.
However, the site’s terms are simple and reasonable. We also like the fact that founder Stefan Cordova says his insurance policy will pay for loss or damage of your equipment without deductibles or limitations. People who rent on this platform also must sign a liability waiver, to take the onus off those renting out their equipment.
The great thing about rental platforms is they are not exclusive.