The Splinterlands rental market is one of the best ways to put your assets to work and give you passive income. It's been around 2 weeks since my 11th update on my rental strategy.
The rental market is a huge mess and it's been hard trying to figure out what cards are the best. I made a mistake and purchased gold reward cards but I think I need to do some more research before my next update to figure out which cards give the best returns. I haven't had as much time lately so I definitely need to put some work over the weekend to figure things out.
Rental Progress
My original post, where I announced my strategy, shows my general motivation for choosing this strategy. People are very picky with the card they pick now for renting out and it's a little disappointing. I can't blindly pick out whichever cards I have anymore and I do want to maximize what I can get out of my extra cards.
Purchases
As always, I used Monster Market to purchase my cards for the cashback. I used up the DEC I earned from ranked battles, rental income, and rewards chest. The prices for cards have gone up and I think there are plenty of people selectively choosing their cards. All of the chaos legion commons are still at elevated prices after the new starter card penalties.
My choice of cards this week is gold foil rare cards. I purchased the cards before looking at the rental markets so things might be all weird. I also think it could be affected by whatever the focus for the quest is because there isn't that much of a point to using a different splinter from the focus. In any case, I am kind of glad that I choose the neutral gold foil rare card because plenty of people can use this card with many of the focus quests.
Income
My income and all rental price management are done through Peak Monsters because of the tools it provides me. I do plan to update prices closer to the end of the season. Currently, I am a little bit lazy and I generally load in the cheapest price and go through the list to make sure there isn't any large CP to DEC difference between my cards. It's been working out well and I only have to make minor adjustments to the prices.
Above is my previous report's income and below is my current income.
After spending some time checking up on my rentals, I was able to increase my rental income slightly after checking through many of my cards on what is best to rent out. Some of them had insanely crazy prices and I am surprised they are even rented for that much. As I noted before, the prices of cards have gone up and my collection value has gone back up a little bit.
Conclusion
The new rewards system should also note a more stable income but I am wondering how long it will take for prices to stabilize. I don't think some of the cards are worth renting out at such insane prices but I am not complaining. However, the large discrepancies between the cards are annoying. I am not really looking forward to changing my prices every few days to maximize my income as I prefer this to be more passive.
What are your plans regarding rentals in Splinterlands?
Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.