An interesting concept

We have a TT we rent. Many of the rentals are at peoples homes for out of town guests. I do the delivery, set up, and pick up when it's done.

I take a multimeter with me to confirm the electric supply. So far so good.

Effy wrote:
The great thing about naysayers is that they remove themselves from your pool of competition. ;)

^^ THIS ^^ :C

rgatijnet1 wrote:

htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV :)

Obviously regulations will vary from state to state but you can never escape liability unless you are a hermit. Suppose you have an accident when you are using your RV? Anyone can sue anyone else and that is just life, period. To try to dodge every possible instance where something could possibly go wrong is impossible.
Other than that, this is only a concept that may work for some people and may not work for others. This person was able to jump through the hoops and has started a business. I hope he is successful. Being successful usually involves taking some risk, just like driving an RV on the roads with everyone else is taking a risk of losing everything, including your life.

The great thing about naysayers is that they remove themselves from your pool of competition. ;)

htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV :)

What are you talking about with a U & O? Why would you need a use and occupancy permit for an RV? It's an RV and not affixed to any existing structure and you didn't just build it. Your lender not allowing you to sublet is possible if it states that in your loan docs, but there are LOTS of folks who legally rent their RVs. It probably says you can't rent your house on your mortgage too but a lot of folks do that. Sure it's easier if you had an LLC (we had one) and buy the unit under a business loan. Not only does it help shield you from liability, it allows easier leverage to all sort of tax benefits. But this is really not that difficult. You have 2 options with insurance, get RV rental insurance - MBA is about the only game in town - or tell your renters to buy a rider for $10 on their policy to cover the rental. It's that simple. Since this is at a person's house, it's possible that any vehicle - including an Rv - would be covered under their homeowners. There is no special permitting required. Our rentals had been to just about every state when we had our business, no permits or U&O required anywhere. This is not a new concept. Folks have been renting Rv's since Rv's existed. it's a spin that strays from the popular Rv rental concept but it's been done before. When we had our rental business quite a few folks used them as guest houses when they had visitors, staging for weddings, all kinds of things etc.

htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV :)

Obviously regulations will vary from state to state but you can never escape liability unless you are a hermit. Suppose you have an accident when you are using your RV? Anyone can sue anyone else and that is just life, period. To try to dodge every possible instance where something could possibly go wrong is impossible.
Other than that, this is only a concept that may work for some people and may not work for others. This person was able to jump through the hoops and has started a business. I hope he is successful. Being successful usually involves taking some risk, just like driving an RV on the roads with everyone else is taking a risk of losing everything, including your life.

At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV :)

Really there are lots of ideas floating around like this. I would be happy to park many TT's outside of my home with full hookups and rent them for $. Comes with a TON of baggage.

rgatijnet1 wrote:

fpresto wrote:
If you were to try it I see a few issues. 1st. You are now commercial so your tags, registration, etc. may not be valid. 2nd. You would have to change your insurance to commercial as most polices do not allow commercial use of the vehicle and would not cover you for damages or lawsuits. 3. Unless it is paid for, most loans do not allow commercial use. To me the hassles and potential pitfalls do not make this worth the return.

For tax reasons, and liability reasons, many people already have their RV registration in the name of an LLC or other corporation, so this may not be an issue. Obviously this is not for everyone but it also may be quite easy for some RV owners, in some states, especially around areas where people may want to visit on a regular basis.

It's not a huge deal. We owned an RV rental business for a few years. MH's and drivers are a much different ball game than stationary trailers as far as liability and iinsurance. In most cases you don't need liability, simple damage coverage and most homeowners policies will cover damage. And you don't need commercial tags. We also had a sizeable deposit for damages. $1k held for 14 days usually staved off major damages but you still get idiots that think it's a frat house.

The head scratcher for me is water and holding tanks. Water is less of an issue if the homeowner supplies it. Tanks are another matter. most folks renting RV's have little understanding of holding tanks. You get folks wanting to take long showers etc, and a 5 day stay becomes a problem when you fill your grey after 3. A simple solution is to hire a honey wagon or tie into the homeowner's septic, but it's a logistic you don't have with a rental at a CG.

fpresto wrote:
If you were to try it I see a few issues. 1st. You are now commercial so your tags, registration, etc. may not be valid. 2nd. You would have to change your insurance to commercial as most polices do not allow commercial use of the vehicle and would not cover you for damages or lawsuits. 3. Unless it is paid for, most loans do not allow commercial use. To me the hassles and potential pitfalls do not make this worth the return.

For tax reasons, and liability reasons, many people already have their RV registration in the name of an LLC or other corporation, so this may not be an issue. Obviously this is not for everyone but it also may be quite easy for some RV owners, in some states, especially around areas where people may want to visit on a regular basis.

If you were to try it I see a few issues. 1st. You are now commercial so your tags, registration, etc. may not be valid. 2nd. You would have to change your insurance to commercial as most polices do not allow commercial use of the vehicle and would not cover you for damages or lawsuits. 3. Unless it is paid for, most loans do not allow commercial use. To me the hassles and potential pitfalls do not make this worth the return.