Renting your RV

Skibane wrote:
Another option is to split the purchase cost of the RV among several family members and/or trusted friends - So instead of one person paying $40K for an RV, 3 or 4 folks pay $10-13K apiece for it.

This also has the advantage of getting more use out of the RV. With 3 or 4 co-owners - each with their own travel plans and schedules, it won't be spending as much time sitting unused between trips.

Personally, I'd feel bad about spending $40K for an RV that spent 95 percent of its time sitting unused. However, if it only cost me $10K instead - and some of the people I care about also got some enjoyment out of it - then that's a lot more appealing prospect.

You better REALLY "love" those friends and family because in many cases "sharing" or money often leads to no family or friends when the deal goes south.

If one can't afford or doesn't like the cost of a expensive toy just sitting around, it is often better to buy a old beater used toy for cheap that one can afford by that one person than risk making enemies of friends and family.

I can assure you, absolutely nothing good will come from "sharing" with my family, jealousy and greed.. Gave my family lots of opportunities over the yrs with no strings attached, each time resulted in squabbles and fights because each of the family members felt cheated.. I ended up dealing with the mess, fixing things at my expense.. No more.

I realize there are whole families that can "get along together", they camp together, they rent condos together, those are the lucky folks as long as no one decides their "half" is lesser than the other ones..

Another option is to split the purchase cost of the RV among several family members and/or trusted friends - So instead of one person paying $40K for an RV, 3 or 4 folks pay $10-13K apiece for it.

This also has the advantage of getting more use out of the RV. With 3 or 4 co-owners - each with their own travel plans and schedules, it won't be spending as much time sitting unused between trips.

Personally, I'd feel bad about spending $40K for an RV that spent 95 percent of its time sitting unused. However, if it only cost me $10K instead - and some of the people I care about also got some enjoyment out of it - then that's a lot more appealing prospect.

No way Jose. They may take it to the Burning Man festival at Black Rock desert and you will never get that very fine powder sand out of the RV and all the moving parts. Many renters love to abuse other peoples property. You should see some of the apartments at a modern gated rental unit I stayed in South Reno years ago. I now live in older apartment with mostly older renters like me and we have none of that violent BS against property or fellow renters.

CharlesinGA wrote:
Never..............

If I have to rent it out to make ends meet, I'd sell it.

Rental motorhomes such as Cruise America or El Monte are custom built units just for them. There are no awnings to get ripped off, no retractable steps to jam and get ripped off. Everything is very heavy duty. The curtains (not pull down shades that the strings break on) are very heavy duty too. Everything is made with the thought of what could someone do to destroy this. The Class C units also have (if Ford) a 5.4L V8 rather than the V10 (or the current 7,3L) this is to keep people from running way too fast with them.

Equipment such as dishes and blankets, etc are rented separately, and inventoried when returned. Nothing is left to chance.


Charles

Also - at the end of their rental "life" the Cruise America & El Monte RV units are completely refirbished - logos removed, etc. & (forget which company) re-badges them as a "Majestic". They also warranty their re-sale units.

The point is: They *need* to do that for re-sale. It should tell someone considering renting his/her RV be ready to do (some level) of the same!..:R

The stationary trailer as an air b&b sure sounds like a giant headache, and a bigger headache if you're not on hand to solve problems.

Lose lose situation, wish any owner - best of luck!

:(

eend wrote:
Last year we rented out our airstream for a long weekend, we signed up with Ruckify ( A Canadian company) it was a great experience, the rental company ( Ruckify) took care of all insurances, damage deposits. We removed our personal belongings and left all the pots pans cutlery etc. For an extra fee they rented our generator, .
Th renter came a picked up the rv, I went through the rv with him and off they went, the rv had to be returned at 2 pm on their last rental day and they left the the thing spotless upon their return.
We rented it out for $125.00 a night, and the generator for 30.00 a day. Easy money.
And with this COVID thing a lot of people are either renting their rv out or renting an rv.
This is no different than renting a home through VRBO or Air BNB .

First, it is a bit different than a VRBO. When have you ever seen a VRBO on the side of the road with a flat tire, or stuck in the mud?
Second, A long weekend implies 3 or 4 nights max. If you have to pay the rental company out of the rent what do you actually net? If the $125.00 is your net, that still is $500.00 or less. On top of that, you are in Canada, so I assume that is $500.00Cdn., which equates to about $400.00US. No way I would go thru the trouble and risk for that little return. Just not worth it to me.

2 different things we're talking about maybe?

One is renting it, someone takes it. Another is I airbnb it and it doesn't move from my property.

blaczero wrote:
Just heard about this, know nothing about it.

Someone told me there are companies that will take your RV, and you'll just get a check every month.

Anyone have good experience with this?

Here's a one word summary of everything you need to know about renting your RV:

** DON'T **

:S

Great responses from everyone, thanks.

I would like to park my RV on my property and Airbnb it. I am considering renting it out since I am getting a new one. We'll have to put some more thought into it.

It's one thing renting out a class c, a whole other to rent out a towable.

I would never rent mine out. However, reading these replies, which I totally agree with, I have to chuckle. I have also read many many times here how people should rent one to see which RVs might suit them best. I find your options to rent are really pricey and/or barebones. El Monte RV isn't gonna be like one you'd buy going up a grade. The DP on Outdoorsy costs $450 a day and has extreme limits on
mileage and genny use. Peace and love to all who deal with rentals, but it just seems like a huge PIA.

Last year we rented out our airstream for a long weekend, we signed up with Ruckify ( A Canadian company) it was a great experience, the rental company ( Ruckify) took care of all insurances, damage deposits. We removed our personal belongings and left all the pots pans cutlery etc. For an extra fee they rented our generator, .
Th renter came a picked up the rv, I went through the rv with him and off they went, the rv had to be returned at 2 pm on their last rental day and they left the the thing spotless upon their return.
We rented it out for $125.00 a night, and the generator for 30.00 a day. Easy money.
And with this COVID thing a lot of people are either renting their rv out or renting an rv.
This is no different than renting a home through VRBO or Air BNB .