The episode explores making money through a DJ equipment rental business. The AV Equipment Rental market is estimated at $230 million in 2022 with steady growth. Renting at 1/10th of the cost allows quick ROI after ten rentals. Combining DJ services can boost profitability, with wedding DJs earning around $1000 per gig. The episode covers equipment, startup costs ($1000 to $5000), and gaining experience through courses, YouTube, or volunteering. Pros: profit potential, flexibility, creativity. Cons: physical labor, seasonality, learning curve. Exciting venture worth considering.
As always links to further your own research in the world of DJing;
https://www.adorama.com/alc/dj-equipment-guide-how-to-build-a-beginner-dj-setup-2/
https://www.starterstory.com/ideas/a-v-equipment-rental?successful_subscribe=true#
https://www.youtube.com/watch?v=WRUkc3FQLcQ
https://www.youtube.com/watch?v=rzg8OPPKVdM
https://www.youtube.com/watch?v=GuE5x65XZF4
https://www.youtube.com/watch?v=gzjasvooSG8
To find out more about investing in multifamily real estate schedule a call at https://www.oncallinvestments.com/
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