Rabbit Hole - Party Rentals: DJs and Equipment

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.ibisworld.com/industry-statistics/market-size/audio-visual-equipment-rental-united-states/#:~:text=The%20market%20size%2C%20measured%20by,industry%20increased%207.5%25%20in%202022.

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.google.com/search?client=safari&rls=en&q=how+much+can+you+make+renting+out+dj+equipment&ie=UTF-8&oe=UTF-8

https://www.youtube.com/watch?v=rzg8OPPKVdM

https://www.youtube.com/watch?v=GuE5x65XZF4

https://www.youtube.com/watch?v=gzjasvooSG8

https://bit.ly/3YiSiUs

https://bit.ly/3Yll9rp

To find out more about investing in multifamily real estate schedule a call at https://www.oncallinvestments.com/

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