If you have rented your RV to others, please jump in here!
Hello everyone,
First, a disclaimer (sorry to lead with this). I've done a few searches here and realize this question will elicit a large number of "don't do it, people will destroy your RV" responses.
Respectfully, I want to hear from actual people who have rented their RV. Not from people who think they know what will happen if I rent my RV.
Having said that, I have no plans of renting our "second home." Our Tiffin is kept at-the-ready and full of our personal stuff, just like our stick and brick. Not interested in renting out our Class A for many reasons.
What I'm talking about is buying a decent condition used Class C or B or van, to place it into a rental program to generate income. Like buying real estate to dedicate towards renters. Yes, there will be hassles. But can the business model work as an owner?
I briefly talked to RVShare and they weren't too keen to share any rental data with me (surprise). By their answer, I think their business model and marketing is targeted towards people looking to offset some costs of ownership, not so much "make money with us."
But I have spoken with one person who has put their personal RV into RVShare (Class C) and it's doing so well he is considering buying another to dedicate towards rentals. So I'm not the only one seeing a trend here.
So please - if you have some personal experience and data to share I'm all ears. It seems possible to keep this idea "in the black" but it will take the right balance of initial investment, maintenance and repair, insurance (and of course, income!) to justify.
*** flame suit on ***
Thanks!
First, a disclaimer (sorry to lead with this). I've done a few searches here and realize this question will elicit a large number of "don't do it, people will destroy your RV" responses.
Respectfully, I want to hear from actual people who have rented their RV. Not from people who think they know what will happen if I rent my RV.
Having said that, I have no plans of renting our "second home." Our Tiffin is kept at-the-ready and full of our personal stuff, just like our stick and brick. Not interested in renting out our Class A for many reasons.
What I'm talking about is buying a decent condition used Class C or B or van, to place it into a rental program to generate income. Like buying real estate to dedicate towards renters. Yes, there will be hassles. But can the business model work as an owner?
I briefly talked to RVShare and they weren't too keen to share any rental data with me (surprise). By their answer, I think their business model and marketing is targeted towards people looking to offset some costs of ownership, not so much "make money with us."
But I have spoken with one person who has put their personal RV into RVShare (Class C) and it's doing so well he is considering buying another to dedicate towards rentals. So I'm not the only one seeing a trend here.
So please - if you have some personal experience and data to share I'm all ears. It seems possible to keep this idea "in the black" but it will take the right balance of initial investment, maintenance and repair, insurance (and of course, income!) to justify.
*** flame suit on ***
Thanks!
