RENIT

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RENIT, A premier mobile social center focused on connecting community members with the opportunity to submit their own personal items for rent, along with the ability to rent from others within the app. Renting possessions provides a unique stream of ongoing income to the owner. This may be more profitable in the long run to the owner, as it provides an alternative to the standard selling or donating options online.

Each year thousands of unused items sit idle in peoples’ garages, basements, and attics. Self-storage facilities around the nation are filled with these various forgotten items, gathering dust. The product has pretty much met its end of life, with no ability to benefit the owner financially. Up until this point, the main solution has been to sell or pawn the item, typically at a loss to the owner. Where is the fun in that?

Renit has the solution. We offer an app that empowers owners of products they no longer use. Owners can regain back some of their original investment along with the ability to stream ongoing revenue through the process of renting their possessions out. No longer does the owner need to utilize a third party to evaluate, appraise, and pay them on a one-time basis. The owner is able to use Renit to rent out their own belongings to a customer, while gaining a return on investment for something that may have been forgotten in the back of the garage.

The process Renit uses is quite simple. The financial complexities are also simplified through the use of Renit; this includes deposits and credit card data.

1. The owner lists the item through Renit..

2. Customer finds the item through Renit and decides to directly rent through the app

3. Owner and renter establish rental exchange.

4. Once the rental is complete, the owner and customer evaluate condition and deposit is released. Transaction is complete.