Earn money as a Borobear owner

Find out what you could earn


RM3,978 a year

Get started

Earn money as a Borobear Owner

Find out what you could earn


RM3,978 a year

Get started

3 Steps to Get Started

List for free

Want to list your PS4? Free. Your Vacuum Cleaner? Gratis. Your spare Lens? No charge.

Respond to renters

Interested renters will reach out to you. You can see what they will be lending or even meet them in person before agreeing to anything.

Make money

As you lend your spare belongings to people nearby, your community grows a little closer. And your wallet, a little fatter.

Safety First

Renters trust owners to take good care of their belongings, and owners trust renters to be careful with what they use. We do all we can to foster an environment of trust on our platform.


Owners can talk to potential renters or even meet them in person before letting them use their belongings. Borobear’s RM3k Owner Guarantee also protects owners for personal liability and property damage.

Free RM3k Owner Guarantee
Nationwide customer support
Chance to vet potential renters
Ability to require government ID

Payments

Guaranteed payments

Owners receive guaranteed payments while their item is occupied, even if the renter stops paying.

Secure payments

Owners are paid out through Stripe, an online payment processor trusted by Google, Spotify, Target, and millions of other businesses.

Automatic payments

Owners have to connect with Stripe once when they first receive payment. After that, payments are automatically deposited in their account.

I like the idea and it helps me to get some extra income. Very helpful for people with many spare items in the house."

Paul – DJI Osmo Pocket

Your questions answered

Borobear pays out directly to you, the Item Owner, on a days after the rental period ended. This means that you do not (and should not) take any cash from the renter. For example, if you are renting out your item from Feb 16-21, you will receive payment from Borobear on Feb 22. You will be notified by email when your earnings have been deposited.

No. Never accept cash from Renters, as this is against community rules to do so.

 

The Renter has already pre-paid when they booked. Therefore, you will receive your earnings directly from Borobear. The payout occurs on a day after the rental period ended.

 

For example, if you are renting out your item from Feb 16-21, you will receive payment from Borobear on Feb 22.

Yes. When we say we cover owners against non-return, we mean it.

As per our Terms of Service, renters who fail to return an item are liable to pay the full replacement cost of the item, regardless of the circumstances of the non-return. In the event that the renter is not cooperating and payment is delayed, a claim may be made on the Owner Guarantee.

Besides, if the renter runs away with your item, this is an outright case of theft, and we will assist the police in matters concerning the investigation.

We understand that your belongings are very important to you, and are therefore working towards better and better protection every day. Currently, your items are protected in the following ways:

  1. When you rent out something, we will collect a Security Deposit from renter on behalf of you, it will be equal to 20-50% of the item’s original value. The amount is up to you. Any damages to your items should be recompensed from this amount.
  2. According to the Terms of Use, renters are also liable to any damages in excess of the security deposit paid. If the item is returned to you in a damaged condition, the renter has the responsibility to recompense you for your loss.
  3. We are working on a damage coverage / insurance programme for eligible categories of items. We will let the Community know via email when this is in place!

To even reduce the chance of any unhappy experiences, make sure you vet the renter first!    

Email: hello@borobear.com

Congratulations!

First, check that the dates the owner requested are alright with you. Check also the renter’s profile to ensure that s/he to ensure that she has a good track record.

Afterwards, click ACCEPT, and a chat room will be set up between you two!

 

As a rule, the renter should come pick up the item at a place convenient to you, rather than the other way round. Please remind the renter of this rule, in case s/he is new to the community!  

 

ON THE DAY

Remember to pack all components of your item before meeting the renter! For example, adaptors, chargers, components.

Let us know you have any questions!

We recommend the daily rental fee to be 5% of your item’s original value.

For example, if your camera is worth RM3,000, then you may set the daily rental fee at RM150.

According to our Terms and Conditions, the renter needs to pay the doubled rental price for any days in excess of the agreed rental period.

 

In this case, the renter has the responsibility to pay the remainder amount when he or she returns the item to you.

We do our best to build a system where we attract the best renters for your items, but sometimes accidents do occur.

 

In case of damage to your items, please tap on “Contact Us” from inside the website, or write to contact@borobear.com, within 48 hours  of your item’s return, and we will begin the Security Deposit claims procedure for you.

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