Owning a home is only the right fit for some. Renting is a more sustainable option for many families.
Furniture rental companies are responding to the need for people who don’t want to invest in expensive furniture. They offer a variety of styles that can fit into any home.
Furniture rentals are an ideal solution if you’re a homeowner looking to revamp your style or are staging your house before selling it.
Save Money
Purchasing furniture is expensive, and even renting it can add up. Furniture rental companies are flexible; you can choose a payment plan that fits your budget and lifestyle. In addition, you can save money on delivery fees and assembly costs.
Furniture rentals are great for new homeowners, especially if you live in an apartment. Renting furniture allows you to customize your space without the hassle of moving bulky pieces during a move or having them sit empty for months while you wait for a contractor to finish the work. Most home furniture rental companies offer full-room packages with sofas, beds, tables, and more.
Many home furniture rental providers, such as Brook Furniture Rental Inc., also offer a flexible lease term, and you can return your pieces whenever you decide. This flexibility is ideal for those whose tastes change over time or who want to try out different styles without the commitment of buying them. Some rental companies sell their furniture for a fraction of what they originally cost when the leasing period is up.
Save Time
Whether in between homes, on a temporary work assignment, or a military servicemember transferring to another base, owning a home involves many life changes that may require quick furniture. Furniture rental companies make it easier to find pieces that fit your lifestyle without the hassle of trying to return or resell items.
Another perk of renting furniture is that many providers offer free delivery and assembly. It’s a significant time saver for new homeowners who must quickly furnish a home. Plus, if you love the pieces and want to keep them, you can purchase them at a discounted rate at the end of your lease.
Like with cars or houses, it’s essential to see the fine print of a furniture rental contract and understand the company’s damage policies before signing up. You can often find significant discounts on your rental furniture if you’re diligent about looking for ads, promotions, and deals. Look for clearance sales, holiday deals, and social media contests. These can be a great way to save money on furniture you’ll enjoy for years.
Save Space
Many people could benefit from furniture rental, including seasonal workers, interns, military personnel, and government employees on temporary assignments, as well as students and homeowners who want to update their homes before selling them. In addition, furniture rental could be a good choice for disaster victims who need to get back on their feet quickly.
Buying new furniture can be a big commitment that requires a lot of decisions and time. With various styles, many furniture rental companies can help you find what works for your space without breaking the bank.
Some furniture rental companies even offer complete apartment or house furnishing packages, including all the major pieces you need to fill your new home. They start the process with a style quiz to determine what furniture fits your taste, budget, and the physical space you have available. They also offer delivery, assembly, and pick-up services. They may also have promotions, deals, and specials that allow you to save even more money on your furniture rental purchase.
Save Energy
In addition to the money, time, and space savings, renting furniture is also environmentally friendly. Around two billion worth of furniture sits idly in inventory yearly because traditional furniture companies must continually buy new pieces to replace what they sell, only to see it sold again within a few months. Furniture rental providers bridge this gap by allowing people to rent furniture when they want and quickly return it when done.
As a bonus, many furniture rental companies offer coupons, deals, specials, and discounts that make it possible to save a lot on high-quality furniture. For example, some provide a range of designer furniture that can be switched out during the lease period or purchased at a discounted price using previous payments. The company also delivers and assembles your furniture, typically less work than buying and making your table. Other rental providers also provide room packages that include everything you need to furnish a whole home. These can be particularly helpful for those moving to a new house from a hotel or even disaster victims who need temporary furnishings as they rebuild their lives.
Save the Environment
Unlike the “fast furniture” sold in recent decades, which often end up in landfills, home furniture rental providers use quality products that can be used repeatedly. This also reduces the need to produce new furniture items, conserving natural resources and raw materials.
Home furniture rentals are ideal for people who frequently move, such as military personnel, students, and travelers. It also makes sense for people living in temporary housing or considering staging their homes to sell. Renting allows them to try out various styles without investing in large pieces that may not fit into the next place.
You need rock-solid contracts and policies if you plan to offer a furniture rental service. These should include a clear description of the conditions under which the furniture can be returned and a penalty for damage caused by misuse or negligence. In addition, consider setting up a limited liability company (LLC) to minimize taxes and protect your assets from debts or legal claims. This can also help you to secure an Employee identification number (EIN) from the IRS and open a business bank account.