A friend of a friend bought a $100,000 Newmar Class A and has been renting it out on RV Share. She was very nervous at first, but has been making $700 per weekend. She is enjoying the biz!
So, I called RV Share to get info, as it looked like a great biz op.
Here is what they said:
Their insurance covers damages, collision, liability, theft, etc.
The deposit is $1,000-1,500 per rental.
Rental fees for newer class As - around $300 per day.
From what I gathered, it sounded like a win-win situation. They handle everything on the biz end and take 25% commission.
It looks really good!
