Should I Rent Out My RV? Pros & Cons
More and more RV owners are hopping on the rental bandwagon. After all, without living in it full-time, there is no way a person can use an RV every single day. In fact, in most cases, motorhomes and travel trailers don’t even get used every single weekend, and in these cases it makes perfect sense to rent out your RV.
Why not put your adventure wagon to use during those times you aren’t using it by letting others enjoy everything it has to offer?
The most obvious benefit of renting your RV is, of course, the money that can be made doing so. That said, that is not the only thing you’d get out of the arrangement. There is actually a nice little list of awesome pros to renting, some of which most RV owners never expect.
Are you trying to decide whether or not you should rent out your RV? Here are 5 reasons you should, and absolutely none of them have to do with profits.
Keep Your RV in Tip-Top Shape
An RV that sits in storage for long periods of time might not get the love and attention it needs. Pests can enter and live in the rig for months without anyone noticing, leaks may not be caught early on, and those who don’t use their RVs regularly may not feel the need to do regular maintenance.
By renting your RV out, you give yourself reason to properly maintain the rig, ensuring it’s in good condition and ready to hit the road whenever you are.
Not everyone has the ability to own an RV. That said, nearly every person out there can enjoy a good RV trip. By allowing others to use your RV, you are helping them create wonderful memories, try the camping life on for size, and bond with their families and friends.
Who knows? You might even inspire someone to purchase a rig of their own!
Make New Friends
Of course, there’s also something to be said for all those people you help becoming your friends. Many RV owners end up creating long-lasting relationships with those they rent to. They might rent to the same people year after year, and sometimes even end up going on camping trips with their renters as companions.
Save on Storage
Storing an RV is expensive. If you’re able to rent your RV out often enough, you might be able to get away with skipping the storage lot altogether. This is awesome, as it means you can remove that bill from your budget entirely, giving you extra funds to spend on sprucing up and maintaining your home-on-wheels or on more RV adventures.
Have Peace of Mind
The best part about all of these wonderful benefits of renting your RV is that you can now enjoy them all with 100% peace of mind.
There once was a time when this would not have been possible. After all, renting your RV out as an individual leaves you pretty vulnerable. However, RVshare removes all of the worry by providing insurance and other protections that you just don’t get when renting on your own.
Is Renting Out Your RV Profitable?
As we mentioned before, one of the number one reasons people choose to rent their RVs is the profit. If you’re wondering if you might actually see a profit in addition to the many benefits listed above, the answer is yes, you absolutely can make a decent amount of money renting an RV. Of course, you have to be willing to put in the time and effort to make that happen.
How Much Can I Make on RVshare?
Wondering how much you can expect to make while renting an RV? If you’re renting on RVshare, you will likely be surprised by just how many rental requests you get.
For some, RVshare rentals provide enough to fund some extra trips or make their monthly RV payment. However, there are others who are able to rent RVs for a living. What you do with your RV rental business is completely up to you and the amount of work you put in.
Is Renting Out Your RV a Good Idea?
So, is renting your RV out a good idea? Based on the benefits we listed in addition to the profits that can be made, we’d say yes! It definitely is a good idea for the vast majority of people.
As long as 1) you have a good, solid RV that is available for rent, 2) you’re able to invest the time and energy needed to maintain your RV, and 3) you’re able to go through the process of listing and following through with rentals on RVshare, you’re likely to have great luck renting your motorhome or travel trailer.
How Do I Rent Out My Motorhome?
Now that you know how amazing renting out your RV can be, the next step is to figure out how to get started. Fortunately, this is a fairly easy and straightforward process.
Simply hop over to this page, fill out and submit the short form, and follow the instructions. Once the process is complete, you’ll be all set up and ready to start your rental business journey!