Is it worth it to rent out your RV? | Outdoorsy and RV Share Tips
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- čas přidán 14. 06. 2024
- How to earn money and rent out your RV on outdoorsy.com or rv share. Tips and stories of how it's worked for us. You can support the channel and get some great offers by using the links below. Thank you!
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drivenorthrv.com/ - Auta a dopravní prostředky
Oh my gosh I love you guys! We are just starting out and your videos have been such a blessing!
Thank you!😍
Thanks guys for your very informative video. You guys are natural you tubers!
Thanks for watching!
THANK YOU, THANK YOU so much for such an informative video!
My husband and I have been exploring the idea of purchasing and renting out our RV. After watching your video I feel more confident about the process of renting out our first RV😃
Thank you!. I've since started a "Is it worth it" video series. Feel free to check out how it's been going the last few years.
Thank you for getting back to me so fast. That was my biggest worry to this point. I hope we have as much success as you have!
Your are welcome! What kind of rig ya got?
@@DriveNorth We have a Forest River Geo Pro 17PR. We pull it with our 2016 Kia Sorento. We've had it for about a year and a half and we've only used it about 4 or 5 times. We live in Florida and when we bought it we were not aware of the fact that you can not get a camp site anywhere in Florida in the winter without making reservations a year or more in advance.
This was a great video! It was the information I was searching for. Thank you 😊
Glad it was helpful!
VERY informative! It gave me the idea to rent first before buying, THANKS! 😊
Glad it was helpful!
This is good info for us newbies that want to try out different campers before buying.
Thanks for your side of the story.
And thanks for watching!
Very helpful and OMG the pooch is adorable!!!
Thanks!
This was SO helpful! Thinking of renting out my camper after I'm done renovating it.
Glad it was helpful! Let us know how it turns out.
This was a very informative video guys. thank you. My wife and I are currently researching on whether or no to do this as we live in Canada, Thanks for your time putting this video together.
Glad it was helpful! Best of luck!
Thanks for the detailed information... so helpful! I was going to buy a camper to rent out but I didn't think about septic disposal at all.
Glad it was helpful!
Wonderful tutorial on what to do when renting your RV. We listed for the first time a week ago and are in a panic just getting started. I can't tell you how much this video has put my mind at ease has given us a game plan, just overall exactly what you need. Very informative on what to have and not to have, nice to know not to go overboard. could you do a video on your tool kit and fire kit at some point? Thank you so much for the details and best of luck renting!
Thanks, that was very kind to say! Check out my playlist, I started a monthly series on renting. I may add a bit later on regarding the tool/fire kit.
You have a wonderful tutoreal . We want to put our travel trailer for rent for next spring.
This was a great video. Thank you! Very informative and right to the point. I don't think you guys missed the thing.
Glad it was helpful!
Agree!
Thanks for the video! Very informative.
Glad it was helpful!
Great info! Thank you so much for sharing.
Glad it was helpful!
Very helpful! Thanks for making this
And thanks for watching. We have now partnered up with Roamly Insurance. They specialize in insurance for people who rent out their RVs. You can support the channel and get a free quote here. Thanks! 😀Free Roamly Insurance Quote roamly.go2cloud.org/aff_c?offer_id=1&aff_id=1028
Glad you posted this because we have considered renting! Im not sure if i could do it... but id love to buy a 2nd RV and solely rent that one out! Thanks for sharing, new to your channel! -D&B
Did you end up deciding on renting?
This was so helpful. Also your pup is so cute. Such a baby... This really helped me decide to just try it out. Thank you
Glad it was helpful!
Thanks guys, this was helpful. Loooove your cute dog!! We're hoping our lovely cat Tom will be a Vanner too.
Best of luck!
Great video, thanks for all of the info! We wanted to buy one to live in for a short time and then rent it through Airbnb. We’ll have to do it that way because it will be older and like you inferred, can’t compete on outdoorsy but because it will be on the Rio Grande River we think fishermen will rent it or people checking out the valley. That of course will be well thought out i.e. fish cleaning station OUTSIDE, a dedicated freezer or refrigerator just for fish, etc. Thanks again!
Glad it was helpful!
Your puppy is the cutest thing ever!!!!
Agreed!
When she starts napping at 16:05, awwwww! Melts my heart!
Thank you 🙏 ! Great info
Glad it was helpful!
Thanks for sharing!!!! Awesome information
Thanks for watching!
Thank you for the video! God bless!
Glad it was helpful!
Thank you guys for being so detailed! What have you done differently during covid? Also, do you rent it out using other platforms like rvshare and airbnb?
Thanks. During covid, we deep clean more thoroughly with disinfectant. We also try to do our paperwork outside and wear masks if our renters are wearing them.
This is a great idea, like you said you don't use your RV that often. We use it about 30 days out of the year. Might as well make some money off of it.
My wife said the same thing though, that you have to be around most weekends to tend to the renters. But hey it's worth a shot.
Thanks for the great info.
Right on!
Should have called this “Everything you need to know about renting out your camper” lol. Great video. Very informative.
Thanks!
Great job - very helpful 👍
Glad you think so!
Great info. Thanks for sharing your experience. Tighten up that squeaky chair you're sitting on! LOL
Lol, amateur video making at it's best! Thanks for watching.
Great video, thanks for the information, I am currently renting my vehicles on Turo and have always wanted to own an RV or Travel Trailer. P.S. your doggie was whining and the whole time I was looking around for my dog. LOL
Our pleasure!
Seriously great people! Thanks so much for the video. So much helpful info. Was that $2200 revenue for 4 months of renting? Or was that monthly?
Thank you. That $2200 was revenue for 4 months after expenses. We added a 2nd RV this year and are now making that much each month. (In the summer) Stay tunes as we now do monthly update videos.
Great video. Do you guys have a book/binder for your renters on how to hook up, disconnect, etc?
Thanks. We do have a check list, but I also did a detailed set up and operation video that people say really helps.
Well done you guys.
Thank you.
This is an awesome video and the doggie is super cute! As an army vet and afterwards I've towed tons of trailers and even drove 18 wheelers so I have no fear of towing. How do you deal with folks towing that may not have experience doing so? Do you explain how to have a ground guide for backing (or require one)? Also do you provide any sway bars or have everyone tow "naked". Do you have people look at the tag in their vehicle to get the GVWR to evaluate if they can tow your RV? Thanks for answering!
Thanks for watching...and for your service! My grandpa drove big rigs, so I have a lot of respect for you drivers. It is nerve racking having newbies take her out. We do have a WD/sway hitch that they go out with and we are selective on what rigs we allow for rentals. So far so good....fingers crossed!
Thank you so much for making these videos as they have been super helpful as we start this journey in Packer country. Do you have a link for the journal that you include with your TT; great idea?
And thanks for watching! Here is a link to our Amazon store that has that journal in it. www.amazon.com/shop/drivenorth
This was the best video I've seen on renting out your RV, thank you! Question: the only thing I'm worrying about is I work until 2pm on Sundays so the drop off time can be an issue for me. Would I be able to have the person drop the vehicle off and later I can inspect it myself or does it have to be done together?
Great question. We've run into that problem also. In rare cases we will have people drop off when we are not there. We encourage them to do their own walk around video before they leave to document the condition. Then you can do your own inspection when you get back home.
Very helpful! Thanks for the great tips! I would love to hear your experience with tax return/LLC if u have. Any advise for new small business owners? Did u set up a LLC? Any tips when setting up a business? Was the cost of RV deductible or do I depreciate? Business expense examples? Thanks 👍
I've started a monthly update series where I get into some expenses. Getting an LLC for 2021. As far as taxes...I give my accountant all the numbers and he figures out the rest! Our first year actually showed a loss as far as taxes were concerned.
Thanks for posting. RV Share doesn't allow you to filter on searching for a trailer vs an non-trailer. Agreed on the matching services. They are annoying for the potential renter as well. It's very assumptive and makes you think you committed to this.
Thanks for watching! We pretty much ignore the matching service now, so annyoing.
Hey thanks for such a great informational video. How has business been since Covid-19? Have you seen the same demand? We are thinking about buying a Motorhome and renting it out.
I'm glad you asked, just released a video with an update on how renting is going. H Going to start doing monthly updates. Good luck if you go forward renting and thanks for watching.
Good video 👌🏽 thanks for all the info. Did you guys need to get any special insurance for the RV since u were renting it out as well as using it personally?
Thanks. No special insurance, our company is good with it as the renters purchase their own temp policy through the rental company
@@DriveNorth Awesome Thanks!
Hey guys, just saw this video, n really enjoy watching it. I'm also thinking about renting my RV here in the west, and wanted to see your video on your walk around operation of the RV. Could you please send me the link to that video, just to give me some good pointers on how I should shoot my videos. Thanks
Thanks for watching! Here is my walk around video czcams.com/video/P9I0M8itP64/video.html. I did it before we started renting. Now that we have some rentals under our belt, I want to redo it with a little more detail, like showing how to hook up the sewer, the hitch, things like that. Good luck!
I'm watching this post covid, and when you said "renting our mallard full time in 2020" I said - oof. Yall are about to make some money 😆
Yes, out timing was quite lucky!
We have a Class A 5th wheel we are wanting to park at an RV park and rent it out like an AirBnB, definitely a lot of research needed
Lots of potential money to be made with a class A. More potential problems too. But like I say, no risk no reward. Good luck!
be sure you clarify with the park that they will allow that plan. Many parks would say no way.
We just watched your video with my husband. And we loved it❤. We have watched couple of similar videos but we really Iike the way you guys describe everything👌. We are interested in knowing more about how to make a video for outdoorsy. We got 1999 winnebago-chiftain motorhome and we are interested in putting out there for renting. It looks like new, my mother in law bought it 5 yrs ago and never use it. I would greatly appreciate if you help me out to start off on this journey. Thanks a bunch. 🥰
Awesome! Thank you! I did operation videos for both my rigs. Scroll through my videos to find them, perhaps watching those could give you some ideas. Best of luck!
Thank you for all the information I'm thinking of buying my first trailer I have to find out is it best 2 have it here in Las Vegas or Los Angeles so I'll keep doing some research but thank you for all the information
I bet you could rent out 2 easy there! Best of luck!
Good video, very informative. Couple questions I'm hoping you can answer. Do you need a business license and do you claim profits on your taxes? Also you mentioned making $2k+, is that after all of your costs such as camper payment, insurance, etc...? Thanks much.
Thanks for watching. We do not have a business license, but we are looking at establishing a LLC this year. I keep track on all income taken in, expenses, and hand it over to our accountant. He does the rest, including figuring out depreciation etc. The profit is after payments and insurance. I recently did a video with an update on how it's going this year and plan on doing one every month. Stay tuned!
Great video guys. Thanks for the tips. One quick question. I might of just missed it. So if there IS damage.Is this covered through the renters personal insurance or through outdoorsy in sone way shape or form. Thanks again for all the info.
The insurance is provided by Outdoorsy. The customer can chose what level of insurance they want to purchase with lower deductibles etc. A renter does have an option to get their own insurance rider through their own company as well. Outdoorsy will actually verify this and you can have them print out it out as well. Thanks for watching!
I just rented a camper and contacted my insurance to see if it would be covered. My insurance (USAA) advised that yes it would be covered at the same levels as my vehicle towing it.
Thank for the video. I would love to see your outdoorsy ad (if you dont mind sharing.)
www.outdoorsy.com/rv/130185
We added a second rig this year, feel free to check that one out too. We are also doing monthly update videos.....thanks for watching!
Great video! With you guys renting out on 2 sites, do have issues with double bookings ever? Also when someone picks up your camper, are they meeting you at your residence? Thanks
Thank you. Using 2 platforms, you do have to juggle a little bit with a calendar. Once a booking comes in, you have to go block those dates off on the other platform. Luckily we have been able to stay on top of it and not get any double bookings.
Really informative. When you instant book on Outdoorsy is there the ability to enter a discount code for friends/family or special groups? Thanks
Thanks. I'm not sure where you can add it before hand, but you can always call Outdoorsy and adjust rates at any time.
Hi thanks for this video ! How do you ensure renters have brake controller and appropriate hitch?
Good questions. We ask in advance if they have a controller. If not, we have a wireless plug in one they can rent from us. They use our hitch set up with works with any 2" receiver.
Really GREAT tutoril guys! Thank you!
Picking up 1st ever trailer just to rent on Saturday. Fingers 🤞 because my wife isnt on board!! I may be living in it if it doesnt work.
If its been asked/answered, sorry but what are feelings on liability for kayak, canoe, ebike, etc. add on??
Best of luck, hopefully the wife will come around when ya start bringing home the money! The only add ons we do are solar panels and a generator. I personally wouldn't even consider a watercraft or bike....too risky imho.
Great video. Thank you. Are you still renting your camper? How has Covid effected how often your rent it?
Yes, we've moved onto a larger Grand Design and it's going well,. Covid actually increased rentals!
Awesome video, I just have a quick question. Say someone rents your camper and decides not to clean it.. and they leave the Grey and Black tanks used.. at the end of the rental do you charge their cars for that stuff when they bring it back?
Thanks. Yes, if someone brings it back with full tanks or in need of a cleaning, we take it out of their secutiry depost.
His mercies are new every morning.
Yes they are!
Thanks
Welcome
Very nice
Thanks
This was super interesting! Thank you! I'm thinking about buying a new RV and writing it off as a business expense and trying to rent it out all year. I'm wondering if it's possible on outdoorsy?
I'm sure you can, depending on your location. Little harder to do up here in the north. But the summer months make up for it.
@@DriveNorth ohh okay cool I want to get one of those camper vans I think in San Diego but I'm afraid taking the risk and getting it for renting it out won't pay off
I am contemplating buying a Class B and I actually rented one last year and really liked it. One question I have is the insurance, I know Outdoorsy provides insurance, but I assume you also have your own insurance on it as well? Like if you are using it yourself then it needs to be insured. What insurance company does Outdoorsy and Rvshare use? I am trying to do as much research before pulling any trigger on buying. I am thinking of a used one to start out.
We do carry our own insurance policy. Outdoorsy uses Roamly and they now offer polices for RV owners too. They have no problem with owners renting out their RVs and your premium actually goes down the more it's rented out as you pay for only the days it's not rented. You could use my referal link for a free quote roamly.go2cloud.org/aff_c?offer_id=1&aff_id=1028 Thanks for watching!
What do you do about the different height of hitch receivers on various tow vehicles? Do you get them to measure and let you know before they come? I have a Blue Ox weight distribution system that the dealer installed. It is adjustable for height but I've never adjusted it.
Yes, I have each renter measure their hitch hgt then I adjust my system accordingly.
We rented one from outdoorsy, but had no idea to use their items. We still brought EVERYTHING! Ugh. I wish they mentioned at least some items.
Did they have that $200 insurance policy 2 years ago? I was wondering as a renter does this cover everything? Just want to know what to expect when we get one.
we are buying and going to rent it out now! Seems like a win win!!!!
Sounds frustrating!
I'm not familiar with the $200 insurance policy, was that some sort of extra coverage?
How do you deal with a renter who says they emptied and flushed the holding tanks, or say they cleaned, but didn't do either? Is there a way to charge their account after the fact, once it's been dropped off & discovered? Thanks! Great video!
Good question. I address this a little in our latest June update video. We have a window of time before we give Outdoorsy or RV Share the ok to release their security deposit. If they brought the tanks back full, we can deduct a fee out of that. We charged $30 for dumping and $40 for cleaning.
Thanks for your hard work on the video. Is there such a thing as putting your travel trailer somewhere like a campground and letting them rent it out without having the renter hook it up, drive it. So you reduce the risk that comes with them hauling it. Does that make sense
Yes, that is an option. Lot of people offer deliver too for a fee.
Did you have everything in place before your first rental? A manual, video, etc.? We are wanting to rent our class C, but wonder if we need to be significantly more prepared first?
We did not have a manual or video before we started, just winged it. It would have made things easier to have those before hand, but we made it work.
Not too shabby
Thanks
I am wondering who you use for insurance?
I asked my insurance company and they told me they would not insure me if I chose to rent it out on RVShare or Outdoorsy. Thanks for all the great info!!!
We use Liberty Mutual. I called and made sure they wouldn't drop us before we started this. They said as long as the RV was being covered through another company while someone else was using it they are good.
Not sure if you guys are still responding, but just wondering if you guys adjust your hitch to the renters vehicle and how difficult it is? Great video.
We have the renter measure the distance from the ground to the top of their receiver, then adjust our hitch to that prior to pick up.
@@DriveNorth nice idea. That's one of my main worries when it comes to renting. 1st year with a camper so not super familiar with how it all works. Thank you
Great video, do you all provide a generator, or do you rent it out?
We have one that we rent out for $25/night. It gets a lot of use!
@@DriveNorth Thanks
When you commented on the amount of money you brought in does that include what was left over after covering the monthly financing and insurance cost of the RV
For this first video, I just totaled up all our rental income without expenses. I have since started a "Is it worth it" series we I start to break down the numbers in more detail. Fell free to check out the playlist for those.
Do you provide the weight distribution hitch with the rental, if you use one?
We do have one and provide it with the rental at no cost. I have them measure their hitch hgt in advace so it's set up right before they get here.
Like info the best comfortable one for a baby 3 years old a two grandmas she sleeinp i individual beds
Are you asking what model would be good for your situation?
What about people that don’t feel comfortable in hauling a camper or maybe they don’t have a truck do u offer a service to take it to there camping spot and set it up for them and maybe charge so much & per mile from your house to camping spot then when there done go back take camper down and haul back for them to ur house but change so much per mile for that service
We don't advertise delivery, as I have a full time job and it's tough to manage the extra time and driving. Last year we did one delivery as an exception and charged $150 for it.
love that dog
she is a good dog
I can’t find any info on where to put said Towable for rent. I’m 22 and bought my first Camper just recently. But I don’t have any land to put it on. It’s a big 2009 Jayco Camper… I’m doing repairs. I want it to be stationary But I don’t know how to find a place to put it for rent. Should I be looking at lots for rent or someone backyard and sideyard for rent ? And How do I find that????? Please help ! Thanks
Renting out a stationary RV would be tough without your own land. Why can't you have people come pick it up?
Just watched your video. I am thinking about renting my camper and this has been a big help. One question I have is, what do you do about the trailer brakes? I have the brake controller in my tow vehicle but what about the renter’s vehicle?
We require the renter to have a brake controller. We have had people get them installed right before picking up. We are also considering getting a removable plug-and-play brake controller that we can charge a fee to use..
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Do you use an SRA in addition to the forms that outdoorsy provides? We are in the process of getting ours ready to rent out.
Only when we rent off platform. Otherwise we feel ok with the forms provided.
What happens if they do extensive damage? Like spilling wine all over the carpet or putting holes in the walls or something?
If it's something that is not accident related, like the situations you mentioned, then damages come out of their security deposit. That is why we upped ours to $1500
Do you have a good gauge to estimate occupancy? How many average days a month is it rented in spring/summer/fall versus winter?
Each month can vary. I have a series on my channel where I do monthly updates if that helps.
I just had a terrible experience with outdoorsy. I’m going to keep using them a little longer
Tell us more
Random question: where are the renters when they are filling out the paperwork? Outside with clipboard? Inside the Rv? Or do you have office space in your house?
Good question, we have a little patio table in front of our house that works well. Otherwise, we do the paperwork in the camper.
What if someone gets a DUI while driving or towing your trailer and potentially hurts someone. Does the insurance cover that or is that a huge risk?
The renter's are forced to purchase good insurance through the platform. I can't speak specifics to a DUI case, but I have to imagine it would be covered just like an incident involving a car.
We store our rv at a storage facility, do you think that would be an appropriate pick up/drop off location?
I don't see why not. What kind of RV are you renting out?
How does it work out where they are dropping off on a Sunday? That’s part of the weekend. I’m assuming I can do what fits us.
I'm not sure what you are asking. I would say that most of our rentals come back on Sundays. Since I work M-F, it works out pretty well.
I think the toilet paper is a great idea. If someone uses the wrong toilet paper it's more of a hassle later.
Very true. Thanks for watching.
What personal insurance company do you use? I have called several (geico, progressive etc) none will insure it for me, if I am renting it out also.
We use Liberty Mutual.
that is good money
Won't make us rich, but more than we thought
Thats good
Thanks!
Are you allowed to send a blank rental agreement at the time of booking electronically for those who want to read every line or have a difficult time falling asleep at night?
Yes, RV share is nearly all digital now anyways.
Why not let them download contracts prior to meet up so it’s already signed ..?
They have updated their systems, so that is now an option
I'm located in California.
I have a 28' motor home, I want to start renting it out, but it's a little bit of fear, ( because NOT body is going to take care of your staff as you do) is kind scary, to put almost 100k on someone else's hand.
How do you get over that?? Please be kind and share that with me!!
Thank you so very much.
Good question. I address that in my rental series. You pretty much have to let go of any emotional attachment and view it as just a peice of property that can be replaced. That being said, I've been surprised at how well people in general take care of it.
Also, what would you say to people who want to buy rv just to rent it out for profit? So, no experience with RV’s ourselves but want to rent it out.
It would be very difficult to do w/o any RV experience. I would suggest getting one, use it for a month or two, then rent away! good luck.
Hey guys, do you have a link to your supplemental rental agreement?
Not currently. We have not used one this year. Once we update it, I'll try to get a link on our website.
Hi Can you send a link to your outdoorsy listing? Thanks.
www.outdoorsy.com/pro/824815
What do you do for your insurance? My insurance said they wont cover me if we rent my rigg out.
We use Liberty Mutual who advised that we were good as long as the renters were insured through their own insurance or the rental platform insurance.
Do you have to place commercial insurance on your rv? I’m sure if your finance company or personal insurance company found out you’re renting out they wouldn’t be too happy.
No we do not have commercial insurance. It's something we've thought about though. We did have one insurance claim through RV Share and it went ok. I called our personal insurance company to verify that we are doing is ok. They gave us the thumbs up. And I've never heard of a finance company making a deal of someone renting. I think as long as they are getting their monthly installments, they are happy.
How much does outdoorsy take off the daily rate fee to use them as a company? For example if you're charging $200 a day what would outdoorsy charge for fees?
20 percent, so we would get 160 out of a 200 rental
What happens if you have pending rentals, but there is damage from the previous renters rendering your camper unrentable until it's repaired?
That's a great question. So far we have not had serious repairs that required us to pull out unit off the market. We did have some renters do some cosmetic damage recently. We are going to wait until the end of the season to get it all fixed up. I suppose if something functional got damaged, you would have to cancel future rentals until it was fixed.
Make friends with a Rv repair person so you can get quick service.
What were the days in total that the RV was rented for? You mentioned 4 months and 1 weekend out of that was due to personal use. Could you clear that up? Thank you
I'm not sure if I have that breakdown from our first couple of months. I've seen started a rental series. Check out my RV rental playlist, I have other videos where I go into details month by month. Thanks for watching.
How does the insurance work on the RV when someone else is using it?
The rental platform has different insurance options for the customer. Damage would be claimed under the renter's policy.
How do you know what to charge the person for damage? In the moment... how do they pay?
Great question. If you notice damage, you call Outdoors/RV share and put a hold on their security deposit. That gives you time to research how much a part is, get an estimate at a shop etc. The cost of the repair can come out of their deposit or an insurance claim can be made if it is significant. We just had this happen and plan on doing a video on this soon.
Drive North Thank you! Makes sense and feels easy!