Forum Discussion
Gdetrailer
Jul 16, 2016Explorer III
crcr wrote:ol Bombero-JC wrote:superrayzor wrote:
Would like to hear if anybody has been successful.
Read the 4 pages of replies.
See there are two posters who have rented their S&B properties successfully - - but *NO* RV rental history.
Soooooo either do it or don't.
Revive your thread after the summer and relate your success or failure...:C
~
About 6 or 7 years ago, I rented out the travel trailer we had at the time for a period of 2 or 3 years. I did this because due to personal circumstances at that time, we seldom had time to use our RV for that period of time, and I didn't want to sell it. I did it through a local agency that put together RV owners and renters, and I did have insurance specific to that usage. I had 3 or 4 stationary rentals, where I towed it to the desired location and set it up for an extra fee. Most of the rentals, the renters towed it to where they wanted to go.
I got a good sized deposit each time, and did a thorough check of the RV afterwards. There was damage to the RV by renters several times, both cosmetic damage and things like managing to fry the power converter. Any repairs or clean up needed afterwards, I took out of their deposit and sent them a statement with any balance of the deposit they had coming. One renter then sued me in small claims court, because he forfeited his deposit due to damage done. So I counter-sued. He lost and I won, but it was a hassle to deal with it. Then soon after I had the misfortune to rent to a guy who was so rude and impossible to deal with that that was the straw that broke the camel's back -- I decided I had had enough of renting out an RV, and I quit the business.
I would never do it again, even if I wasn't personally using the RV, but only renting it. Keep in mind that I previously owned, maintained, and managed residential rentals for 20 years during my working career, so I was no stranger to the the ins and outs of the rental business. I sold out of the residential rental business because I tired of dealing with damage, lying, and other unattractive human traits on the part of renters.
That was my experience in RV renting. To the OP, good luck with it if you decide to proceed.
^^^THIS^^^
While there may be some "attractiveness" to the idea of recouping some money from the ownership of your little used property, ultimately it comes down to hassle AND/OR LOSS you are willing to accept..
All it takes is ONE "rotten apple" to ruin it..
Sure, you can take a "deposit" and sure they can pay by credit card but in the end one bad renter and you may be spending considerable time and your money (there goes your "profits") on court costs and repairs..
You bought the RV for your own pleasure/consumption, not someone else s.
I would highly recommend that you seek out some folks who rent apartments and get their perspective.. You better have a rather strong stomach, most landlords WILL have some pretty gory details on the havoc renters can and often do to the rentals..
I personally have stayed out of the rental game, I work hard long hrs for my money, I am not about to work for free fixing things that renters decided to damage or destroy.
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