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View Full Version : Money Ever rent your R.V. out?


BIG K
05-06-2010, 10:42 PM
Okay, anyone who knows me, knows how much I hate starting a new thread about anything however, I need some input. I am thinking of renting out my 2008 fifth wheel. I live in a very tourist area near dozens of beaches that offer camping.

I am curious if anyone on this planet has rented out their R.V before, and if so, what is your thoughts on it? If you have rented an R.V before, your thoughts would be appreciated too. Thanks!

Baconeater
05-06-2010, 10:47 PM
Is it just going to be parked somewhere, or are you going to let people tote it around? I'd be very wary of the latter.

RedNFeisty
05-06-2010, 10:49 PM
Think about the damage that can be done and determine if the income would worth the upkeep.

BIG K
05-06-2010, 10:55 PM
Is it just going to be parked somewhere, or are you going to let people tote it around? I'd be very wary of the latter.

Yep, already thought about that. No way I let some fool from the valley pull this monster around. No, My thought is to offer one of the two dozen campsites on the central coast as spots. I will deliver and set up, then remove once their stay is done. They can make the reservations for a certain campground and spot, and I will deliver it to them fully loaded with propane, linens, utensils and water.

BIG K
05-06-2010, 10:58 PM
Think about the damage that can be done and determine if the income would worth the upkeep.

Great point! See post 4. I guess the point is, we use this monster 6 times a year. We use another camper about four times a year. I have tried to sell it but, in this economy, no one is buying. So, since I cannot sell it, I am considering renting it out to recover some of its cost...

CosmicPal
05-06-2010, 11:04 PM
Honestly, I think you would need to contact your insurance company first. You must be covered for anyone other than yourself when it comes to driving the vehicle. If nobody else is covered and something happens, then you are the one that would have to foot the bill.

BIG K
05-06-2010, 11:12 PM
Honestly, I think you would need to contact your insurance company first. You must be covered for anyone other than yourself when it comes to driving the vehicle. If nobody else is covered and something happens, then you are the one that would have to foot the bill.

That is a great point but, like the wife and I talked about, it is a fifth wheel that I would deliver to a specified site that the renter chose. I will not allow someone to pull this rig across the country. Still, you are probably right. I should let my insurance company know of my intentions to rent out the unit.

Fish
05-06-2010, 11:12 PM
Yeah... that sounds like an insurance nightmare. Lots of bad could happen there.

Baconeater
05-06-2010, 11:19 PM
That is a great point but, like the wife and I talked about, it is a fifth wheel that I would deliver to a specified site that the renter chose. I will not allow someone to pull this rig across the country. Still, you are probably right. I should let my insurance company know of my intentions to rent out the unit.
Oh, absolutely. You don't want to take the loss if some fool builds his campfire too close to it and burns it to the ground, and your insurance company tells you to pound sand because they didn't have it insured as a rental.

RedNFeisty
05-06-2010, 11:22 PM
Not sure how you would set this up, how are people going to know you have the RV to rent out? If you do a website, I would have a form for them to fill out and make them attach a copy of their ID so that you can run some sort of background check on them. You need to know who you are renting to first hand. If you are renting to party animals good luck, if you are renting to a family your odds would probably be better.

BIG K
05-06-2010, 11:32 PM
Not sure how you would set this up, how are people going to know you have the RV to rent out? If you do a website, I would have a form for them to fill out and make them attach a copy of their ID so that you can run some sort of background check on them. You need to know who you are renting to first hand. If you are renting to party animals good luck, if you are renting to a family your odds would probably be better.

I actually have the ability already to check people's credit as I own two rental homes. However, that does not give me the ability to determine if they are party animals. As for the latter, I was thinking of posting on Craigslist in Fresno, Bakersfield, etc. Those are the people who come to visit on a regular basis to the central coast.

HotRoute
05-06-2010, 11:33 PM
Better be damn good peeps to trust them in your rig

Phobia
05-06-2010, 11:45 PM
I rent mine out all the time. It's $5500 a day. Send me a PM if you're interested.

http://www.midstaterv.com/images/stories/expensive/7.jpg
http://www.midstaterv.com/images/stories/expensive/3.jpg

RedNFeisty
05-06-2010, 11:59 PM
I actually have the ability already to check people's credit as I own two rental homes. However, that does not give me the ability to determine if they are party animals. As for the latter, I was thinking of posting on Craigslist in Fresno, Bakersfield, etc. Those are the people who come to visit on a regular basis to the central coast.

Party animals= single groups wanting to rent, i.e. a group of guys or a group of girls, chances are they want to party.

But, since you own rental properties, you probably know everything I know so I will just say good luck!!

Demonpenz
05-07-2010, 12:04 AM
bad idea jeans

Ebolapox
05-07-2010, 12:14 AM
yeah, I can see why you'd want to recoup price. however, I don't see this ending well. odds are, regardless of how picky you are with who you rent it out to, odds are quite high that eventually, some moron will come along and make you regret even having this idea in the first place.

threebag02
05-07-2010, 03:22 AM
its like letting someone else use your toothbrush

NewChief
05-07-2010, 05:39 AM
I'm going to disagree with everyone else and say that I think it's a good idea if you find the right renters and can get your insurance company to cover it. With the recent "glamping" craze (specifically in your area), people are looking for stuff like this, so I can see you finding rich city folks wanting to take their families out into scenic, rural locales on the "cheap." I think the trick will be finding the right clientele.

tmax63
05-07-2010, 05:57 AM
You might find someone who rents then buys with the right clientelle as well but insurance would be a nightmare I'm sure.

Bwana
05-07-2010, 05:57 AM
Well shoot, if you're going to do it, step up and get the Urban Assault Vehicle! Oh yeah, and get the extra insurance.

http://jalopnik.com/assets/resources/2008/02/The_EM50_UrbanAssaultVehicle.jpg

http://pwwwblog.ibeatyou.com/blog/wp-content/uploads/2009/11/039_31742bill-murray-posters.jpg

Dartgod
05-07-2010, 06:07 AM
I rent mine out all the time. It's $5500 a day. Send me a PM if you're interested.

http://www.midstaterv.com/images/stories/expensive/7.jpg
http://www.midstaterv.com/images/stories/expensive/3.jpg
Screw that. Rent mine for $55 a day.

http://kitsunenoir.com/blogimages/kevin-cyr-camper-bike-1.jpg

CoMoChief
05-07-2010, 07:14 AM
That is a great point but, like the wife and I talked about, it is a fifth wheel that I would deliver to a specified site that the renter chose. I will not allow someone to pull this rig across the country. Still, you are probably right. I should let my insurance company know of my intentions to rent out the unit.

Towing it or not, if something happens while that renter is "occupying" the veh, if you're using the veh as a business(making money off of it, renting it etc) it may not be covered.

Hog Farmer
05-07-2010, 07:25 AM
If you really want to cash in you could install hidden cameras inside ,rent it to some smoking hot chicks and have a pay per view webcam. Not that I've put thought into this type of thing.

Rain Man
05-07-2010, 07:45 AM
put a boot on a wheel when it's parked and then it's no different than renting any other property. seems like a good idea. the key is marketing it. i'm not sure how your target market will find it. you want people looking for a camping trip, not people who will see an ad and decide to rent it.
Posted via Mobile Device

Fat Elvis
05-07-2010, 07:59 AM
I rent mine out all the time. It's $5500 a day. Send me a PM if you're interested.

http://www.midstaterv.com/images/stories/expensive/7.jpg
http://www.midstaterv.com/images/stories/expensive/3.jpg

Your RV starts out like that, but ends up like this:

http://imcdb.org/images/028/846.jpg

CoMoChief
05-07-2010, 09:08 AM
Your RV starts out like that, but ends up like this:

http://imcdb.org/images/028/846.jpg

SHITTER'S FULL!!!!!!!!!!!

Fat Elvis
05-07-2010, 09:25 AM
SHITTER'S FULL!!!!!!!!!!!

I guess Big K loves the thought of cleaning out his relatively new RV after the fat man ate one too many spicy burritos and didn't quite comprehend the limitations of a chemical toilet.

|Zach|
05-07-2010, 09:31 AM
SHITTER'S FULL!!!!!!!!!!!

:LOL:

Bwana
05-07-2010, 09:33 AM
Your RV starts out like that, but ends up like this:

http://imcdb.org/images/028/846.jpg

Cousin Eddie approves of your post.

http://ewot.typepad.com/the_economic_way_of_think/images/2008/10/14/cousin_eddie_5.jpg