Anyone rent out their camper?
To me the idea seems crazy, but there is a lady that my wife works with that rents out her camper through one of those rental places. Apparently, she told my wife that with their 24ft bumper pull cam...
Forum Discussion
I bought our first TT (26ft Sportsmen bunkhouse) in 2002 for the sole purpose of renting it. The business model was I supply the TT, the rental business rents it, and we split the $ 50/50. I was responsible for all maintenance and insurance. The goal was to use the $ to pay it off in 4 years and sell it for profit. We paid it off in 3 years, took it out of the rental program and kept it for our personal use for another 6 years.
As far as damages, the renter provided a credit card and signed a liability agreement stating all damage repairs will be charged to the CC with a $2000 limit. The business owner would put a $2K hold on the CC before the TT left the lot. Anything over $2K was covered by insurance. The only non-repairable damage I had was a kid with a crayon marking the wall. The dinette booth cushions flattened out and became uncomfortable. All repairs and cleaning was done by the business. I never saw anything. I do know a pass through door needed to be replaced, the freezer door needed to be replaced and the porch light lens needed to be replaced a few times. It was always clean with full propane bottles whenever we saw it. I had to buy a new battery about 2 years into it.
This unit rented well during the warm months, about 50%, but not much during winter. If it wasn't for the rodeo and race track it wouldn't have rented at all in the winter.
Would I do it again? Not the FW I have now. No Way!!!!
If the same guy was running the same business model today, I might consider buying a used TT just to see if I could turn a buck. I trusted the original business owner and liked working with him. We pulled our unit out of the program because he sold the business to a real shady character. The new guy changed the rules in his favor, started nickel and diming me, etc.
As far as damages, the renter provided a credit card and signed a liability agreement stating all damage repairs will be charged to the CC with a $2000 limit. The business owner would put a $2K hold on the CC before the TT left the lot. Anything over $2K was covered by insurance. The only non-repairable damage I had was a kid with a crayon marking the wall. The dinette booth cushions flattened out and became uncomfortable. All repairs and cleaning was done by the business. I never saw anything. I do know a pass through door needed to be replaced, the freezer door needed to be replaced and the porch light lens needed to be replaced a few times. It was always clean with full propane bottles whenever we saw it. I had to buy a new battery about 2 years into it.
This unit rented well during the warm months, about 50%, but not much during winter. If it wasn't for the rodeo and race track it wouldn't have rented at all in the winter.
Would I do it again? Not the FW I have now. No Way!!!!
If the same guy was running the same business model today, I might consider buying a used TT just to see if I could turn a buck. I trusted the original business owner and liked working with him. We pulled our unit out of the program because he sold the business to a real shady character. The new guy changed the rules in his favor, started nickel and diming me, etc.
