What: T’Work is a platform that allows you to rent your tools
Expected pay: varies
Husl$core: $$$
Commissions & fees: 20%
Where: Nebraska
Requirements: Be over the age of 18 and have tools to rent
Review: T’Work is a platform that allows consumers with tools to rent them out to people who don’t. The site has a simple and transparent fee structure, as well as reasonable rules, which makes it likeable. The only problems we found with the site are that it’s only available in Nebraska, and renting tools isn’t a particularly lucrative occupation. In reality, many of the tools up for rent — skill saws; nail guns; sanders — could be purchased for a few hundred dollars, so they often rent for modest amounts $10 to $20 per day. A sledge hammer was listed for $4.
T’Work does not provide liability insurance for the off-chance that a customer gets hurt when using your tools, so you should make sure you have a policy that covers commercial use of your tools or buy a rider to cover this risk. But T’Work does have an “equipment protection plan” that will replace or repair any tool that’s damaged by a renter on the platform. There is no additional charge for this service.
If you have a garage full of tools and are close enough to it that you wouldn’t be inconvenienced by meeting potential renters, it might be worth a try. But this is no way to get rich. Other platforms that will also let you rent your tools (as well as your camping equipment and other stuff) are Zilok, Loanables, FatLama, and RentNotBuy.
What their users say:
We have yet to find any reviews. If you’ve rented tools through this service, we hope you’ll comment and tell us how it worked out for you.