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  • Writer's pictureKevin - Financial Tutor

How to Make MONEY Renting Your Camera & Camera Equipment! (ShareGrid Review)

Updated: Aug 5, 2023

Do you have camera equipment, gopro, or a drone sitting around your apartment? In this article I'll be talking about my experience with renting out my cameras and camera equipment as a side hustle. I've been renting out my cameras for over three years now and I'll share with you all the pros, cons and how much money I've made in the three years.

I personally use the website ShareGrid to rent out my equipment. I'm not sponsored or paid by ShareGrid to make this review, but I just like using their service and making some extra income. So, I wanted to share my experience with you guys.

Over the past two years, I've been renting out my GoPro, my 360 camera, and my DJI Mavic drone. ShareGrid is a very simple website that allows you to rent out your camera equipment. You simply take a few pictures of the camera and any extra accessories, write a description, set a price and list it. It literally only takes a few minutes to set everything up.

Once your device is listed for rent, you'll start receiving questions and inquiries from people who are interested in renting your equipment. You can then ask them a few questions and decide if you feel comfortable enough to rent it to them. If you have any doubts about the renter's experience, it's always up to you to either accept or deny the rental.

One pro tip I would highly recommend is to make sure the person renting your camera and equipment always has rental insurance. You never know what might happen and it's always better to be safe than sorry. I'll be sharing my own experience with rental insurance later in this article.

Now, let's talk about how much money I've made from renting out my camera equipment. I listed my GoPro Hero Black 7 for $29 a day, my GoPro Fusion for $49 a day and my drone for $69 a day. In 2019, I only had a GoPro 5 listed for rent and I still ended up making about $93 for the entire year, for 2020 year, I've made $620 and in 2021 I made $105, with three different cameras available for rent.

To some people, this amount may not seem like a lot of money, but to others it can start to add up quick, especially if you just have old electronics lying around that you're not using. The great thing about ShareGrid is that you can set your own price and you're in control of how much you want to make.

In conclusion, renting out your cameras and camera equipment can be a lucrative side hustle. It's a great way to make some extra income, especially if you have old electronics lying around that you're not using. Just make sure you do your research, take the necessary precautions, and most importantly, have fun with it!

If you prefer to watch the review in video format, please click the video below!

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