How To Make $20,000/mo Renting Chairs

Рет қаралды 11,065

Күн бұрын

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🎧 Tune in now to "The Rental Boyz" podcast's latest episode: [Launching Your Rental Business Adventure]! Join hosts Xavier Kelly and Eduardo Sauceda as they reveal their startup journey from scratch to a $4 million warehouse sensation. Gain exclusive insights into their path to success and grab inspiration for your own business endeavors. Don't miss this dynamic episode full of wisdom and motivation! 🎧
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The hosts have 5 years of experience running an event rental company. Their company, Kelly Rentals, makes more than $2.25 million a year as of 2023. Located in DFW, Texas, they’ve helped more than 20 other event rental companies across the country.
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Content of this video
00:00 - Why you should watch to the end
00:22 - Getting started with the ultimate checklist
00:42 - Finding a good location for your storage
02:45 - Know the inventory.
07:46 - Finding the right employees
10:52 - Investing in softwares to help the business | Introducing RENTLE
13:20 - Allocation of resources in acquiring vehicles and equipment.
22:07 - Marketing strategies
28:26 - Rental Rundown
29:30 - Recap of everything

Пікірлер: 57

@therentalsboyz 11 ай бұрын

Request Access to The Ultimate Checklist: bit.ly/RB-get-started Let's Talk About it: (-) Book a spot on the calendar: bit.ly/CalendarRBpod Products and services we love: (-) Create your free rental store: bit.ly/RentleRB (-) Get a LLC for Your Rental Business: bit.ly/LLC-RB (-) Get A Free Business Insurance Quote: bit.ly/NextInsRB (-) Get $40 for banking with Novo Business Banking: bit.ly/NovoRBpod (-) Get $100 for running your payroll with Gusto: bit.ly/GustoRBpod

@user-md3we5hx5v 6 ай бұрын

I will talk to my business partner tomorrow and we will book a spot. Thanks again 🤙🏾

@kimberlyelaine 2 ай бұрын

Awesome info!!!! Thanks for sharing!

@therentalsboyz Ай бұрын

Thank you for watching. What was your favorite part?

@GabrielleMcHargue 5 ай бұрын

Not kicking out grandma 💀💀😂 Thanks for the content guys, great things to keep in mind.

@therentalsboyz 5 ай бұрын

Our pleasure! Grandma Safe for now lol.

@playwithmilygool 5 ай бұрын

Awesome video!

@therentalsboyz 5 ай бұрын

Glad you enjoyed it Where are you from?

@WebersPartyRentals 11 ай бұрын

14:30 had me lmao 😂 thanks for the video boyz 🤙

@therentalsboyz 10 ай бұрын

We appreciate you for commenting and watching the video. How is business going?

@WebersPartyRentals 10 ай бұрын

@@therentalsboyz slowed down a little bit but its still going. This is my first full season. Taking notes to see how winter goes. Everything is good though. You guys are doing great with the pod. Thanks for sharing your knowledge

@therentalsboyz 5 ай бұрын

How is winter going for you.

@joshuasmith3469 9 ай бұрын

Great management philosophy re: employees! Excellent content! Thanks!

@therentalsboyz 9 ай бұрын

Much appreciated! What is your management style?

@joshuasmith3469 9 ай бұрын

@@therentalsboyzhiring the right ppl, training and resourcing PROPERLY, and deputizing them to succeed. It is natural to protect our TIME. Helping them do that by incentivizing excellent, consistent practices AND not micromanaging. The best coaches train in practice and encourage during the game. Thanks for coming to my TED TALK. Lol

@therentalsboyz 5 ай бұрын

lol 😂 no problem learned something

@focusvenesa 11 ай бұрын

Despite not booking any tea parties I still get excited inputting inventory into Rentle. Tracking everything now reduces stress. ❤ Excellent advice! I'm going to reach out to people who cater parties. Thank you!

@therentalsboyz 10 ай бұрын

Hey Venesa, we need to chat and start booking those parties! We really appreciate your ongoing support. We absolutely love using Rentle (bit.ly/RentleRB),. If you ever need assistance putting together a local lead list or have any questions, please don't hesitate to reach out. 😊

@user-md3we5hx5v 6 ай бұрын

Hey guys, just wanted to thank you guys for the content you provide. It has been very helpful with our research in starting this type of business. We are getting ready to start this year and want to scale it as quick as possible. I have a question regarding the Rentle program. Does this program do all the bookkeeping for you. Im trying to figure out all the software needed. Thank you

@therentalsboyz 6 ай бұрын

Great to hear! It doesn’t do that but there is a free app called: www.waveapps.com/ that will help you with book keeping. Where are you currently at in your process?

@petertoves 2 ай бұрын

Where do you guys get your tables and chairs from? I've been using Atlas chairs but seems like you guys found a better deal. Thanks!

@therentalsboyz Ай бұрын

Hi. We get ours from lifetime, newer models that nestle on top of each other. Chairs are from Flash Furniture. How's the business going?

@gelidecor7790 11 ай бұрын

Hi, thank you for your video. I have a question I am already on a wedding decoration business I am trying to add rental my question is what kind of chivalry chairs can I buy their is deferent kind in market and where can I purchase it china or local?

@therentalsboyz 10 ай бұрын

Currently, gold and clear Chiavari chairs are in high demand for us. As you're also part of the industry, what types of chairs have you been primarily working with lately? If you require them urgently, opting for a local supplier is the best choice. However, if you can wait, importing from China will be a more cost-effective option. Please inform us of your decision. Thank you for your comments and for watching the video.

@PartyPartnersPlusLLC 8 ай бұрын

You guys said you didn’t decide to move until u were making $20,000. Was that monthly?

@therentalsboyz 5 ай бұрын

Yes that is monthly.

@andykrummenacher948 11 ай бұрын

Where do you get your 20x20 tents?

@therentalsboyz 10 ай бұрын

"@andykrummenacher948 We source our 20x20 frame high peak tents from Celina Tents (gettent.com/20-x-20-pinnacle-series-high-peak-frame-tent-cross-cable-marquee-complete/). We've had a great experience with them! By the way, where are you located in [Your State and City]. Thanks for tuning in and asking

@user-md3we5hx5v 6 ай бұрын

Also, I cannot access the ultimate checklist. Is there another way I can access it?

@therentalsboyz 6 ай бұрын

Im sorry about that. Here is the new link: therentalboyz.com/download

@user-md3we5hx5v 6 ай бұрын

@@therentalsboyz I was able to print it. Thank you

@therentalsboyz 5 ай бұрын

What do you think?

@lisavoorhees2872 Ай бұрын

Where are you buying chairs for $10 to $13 a piece ??? Is there a specific company you use? Help i need chairs.

@therentalsboyz Ай бұрын

We get our chairs from Flash Furniture, they have great deals! How many chairs are you looking to add?

@jesusvegalve-listings 11 ай бұрын

Million dollar question, frame tents vs marquee tents. Best bang for buck, I want to hear your guy’s opinion.

@therentalsboyz 10 ай бұрын

It depends on what you are looking for but we currently rent both type of tents. We will create a video on this. I am adding this to the list.

@therentalsboyz 10 ай бұрын

Thank you @jesusvegalve-listings so much for watching and this is the million dollar questions.

@kc5169 6 ай бұрын

Why not use your personal credit cards? What's the reason for that?

@therentalsboyz 6 ай бұрын

If possible, you wouldn't want to affect your personal credit because when you obtain loans in the future for the business, it will be based on your personal credit initially until you build a credit history, and that credit won't be tied to your personal. We believe it's better to be patient, gradually building up before seeking a business loan if you choose that route. The idea is to own your items outright, if possible. But if you have to get it from the mud and you need to make something happen. There is no rules.

@mushmouth_thenomad 7 ай бұрын

So I work 50-55 hours a week on avg , can I do that and event rental at the same time? Has anyone tried? Imma try.

@therentalsboyz 7 ай бұрын

Absolutely! Balancing a full-time job with an event rental business is doable, but it requires effective time management and starting small. What equipment do you have in mind for renting out?

@mushmouth_thenomad 7 ай бұрын

ok so, I've saved up some cash and want to invest in karaoke equipment and photo 360, I think this is doable for the limited amount of space i have and I don't have a truck yet, my issue is making purchases before I have a business account setup because I want everything to be legit and on the books. I have at least 10k now and I want to make sure I don't waste it@@therentalsboyz

@therentalsboyz 5 ай бұрын

Reach out to us so we can get you a plan. Contactus@rentalboyz.com

@slamdunktiger 11 ай бұрын

I appreciate the hustle but the rental biz is on it's way downhill. I'm a wedding DJ of nearly 2 decades in the SF Bay Area, California. This is a commoditized business and it's very difficult. Mask mandates are begun anew and lockdowns are already planned for November roll outs per multiple Fed level memos already released. If you set up shop to this, you've been warned. Not saying don't do it, but really think hard about economic uncertainties and be careful. I'm a commodity and options trader and the analytics I've seen do not justify opening a brick and mortar styled business. I'm even holding back on one of my other projects until we see what November looks like.

@queenbosslady1102 11 ай бұрын

It all depends on what state you're located in. We have our corporate office in Los Angeles and we just opened a new location in Houston. Our Los Angeles location doesn't need Google Ads but in Houston most of our customers come from Google Ads. I agree with you not to open a brick and mortar business at this time specially if you're new in the industry.

@slamdunktiger 11 ай бұрын

Glad to hear of the Houston branch, that might be your new crown jewel. You and I know SF and LA is in serious trouble. @@queenbosslady1102

@jesusvegalve-listings 11 ай бұрын

We’re doing good on our side, tri-valley area, California.

@therentalsboyz 10 ай бұрын

Hey @slamdunktiger, thanks for watching and sharing your thoughts. We understand your concerns about the rental business, especially in uncertain times like these. While the rental industry can be competitive, it's not necessarily a downhill trend everywhere. In our experience across multiple states, we haven't seen a slowdown, but we do acknowledge that each region can be unique. You bring up important points about economic uncertainties, especially with changing mandates and lockdowns. We agree it's crucial to carefully assess the market before starting a business, and we don't recommend investing in a warehouse before establishing sales. We appreciate your insights and would love to hear more about the data and analytics you've encountered. Learning from different perspectives is invaluable, and it's how we all adapt and grow. Thanks again for sharing your thoughts, and we wish you success in your endeavors.

@therentalsboyz 10 ай бұрын

@queenbosslady1102 What company do you work for?

@alfay1490 11 ай бұрын

Videos like this, making everyone think it's easy and they can do it too is what's gonna cause the VALUE to go down. More and more small business people are gonna make this investment, making the market more aware of the need of the service. Which is what the big companies are waiting for to seal all the market share with unbeatable prices and services. If you've learn anything from the pass is that no one shares secrets of the real money makers. Then all it takes is guys like this to come on KZfaq, talking about a topic they've seen others do on here before them. Then like them others will be like, oh look, probably I can make some money on KZfaq showing people how to make money 😂

@DrewChainsTV 9 ай бұрын

Absolutely agree

@therentalsboyz 6 ай бұрын

And its people like you that lack proper syntax and grammar that watch our videos to try to make money... Na, we're just joking. We get your point, the secret is just figuring out what works, and we're just sharing what works for us. This may not work for you, but it may work for someone else. But we appreciate your engagement kzfaq.info/get/bejne/mtyanLqCqa21hmw.htmlsi=GiO-nCqHgEq6VhRG

@chugstep33 6 ай бұрын

Your scarcity mindset is more of an issue for you than these two helping people learn about the industry.

@therentalsboyz 5 ай бұрын

👀👀