Mar-06-2017 04:34 AM
Mar-06-2017 01:49 PM
Mar-06-2017 01:43 PM
Effy wrote:
The great thing about naysayers is that they remove themselves from your pool of competition. 😉
Mar-06-2017 09:30 AM
rgatijnet1 wrote:htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV 🙂
Obviously regulations will vary from state to state but you can never escape liability unless you are a hermit. Suppose you have an accident when you are using your RV? Anyone can sue anyone else and that is just life, period. To try to dodge every possible instance where something could possibly go wrong is impossible.
Other than that, this is only a concept that may work for some people and may not work for others. This person was able to jump through the hoops and has started a business. I hope he is successful. Being successful usually involves taking some risk, just like driving an RV on the roads with everyone else is taking a risk of losing everything, including your life.
Mar-06-2017 09:27 AM
htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV 🙂
Mar-06-2017 09:26 AM
htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV 🙂
Mar-06-2017 08:54 AM
Mar-06-2017 05:50 AM
Mar-06-2017 05:32 AM
rgatijnet1 wrote:fpresto wrote:
If you were to try it I see a few issues. 1st. You are now commercial so your tags, registration, etc. may not be valid. 2nd. You would have to change your insurance to commercial as most polices do not allow commercial use of the vehicle and would not cover you for damages or lawsuits. 3. Unless it is paid for, most loans do not allow commercial use. To me the hassles and potential pitfalls do not make this worth the return.
For tax reasons, and liability reasons, many people already have their RV registration in the name of an LLC or other corporation, so this may not be an issue. Obviously this is not for everyone but it also may be quite easy for some RV owners, in some states, especially around areas where people may want to visit on a regular basis.
Mar-06-2017 05:21 AM
fpresto wrote:
If you were to try it I see a few issues. 1st. You are now commercial so your tags, registration, etc. may not be valid. 2nd. You would have to change your insurance to commercial as most polices do not allow commercial use of the vehicle and would not cover you for damages or lawsuits. 3. Unless it is paid for, most loans do not allow commercial use. To me the hassles and potential pitfalls do not make this worth the return.
Mar-06-2017 05:11 AM
Mar-06-2017 05:06 AM
Jack_Diane_Freedom wrote:
I do see some problems especially with electric supply. Most residences would not have 30 amp outlet for the trailer. A/C would blow the breaker with absolutely anything else on the circuit.
Mar-06-2017 04:56 AM
Jack_Diane_Freedom wrote:
I do see some problems especially with electric supply. Most residences would not have 30 amp outlet for the trailer. A/C would blow the breaker with absolutely anything else on the circuit.
Mar-06-2017 04:51 AM
Mar-06-2017 04:50 AM
Effy wrote:
This isn't really new. There are parks of retro campers and rentals that have been around for a while.