Looking to start your own home-based business? The RV rental market is a lucrative and often overlooked opportunity to generate a very profitable income stream. Here is a 5 Step Guide to starting your RV rental Business.
RV rentals are typically a seasonal business opportunity with the majority of your rental capacity happening during the peak camping season from Memorial Day in May through Labor Day in September. However, in some markets, e.g. “Snowbirds”, the season is reversed.
When looking for a new business opportunity or a work from home based business you want to find a market that has significant demand, relatively low barriers to entry, and excellent profit potential. RV Rentals can be just the right business to start for individuals on a tight start up budget.
At RVPlusYou.com the average RV rents for $145 dollars per night, plus $150 delivery/set up. Our average rental goes for 3 nights minimum. Do the math. For a home based start up, launching a RV rental business can really make a lot of mathematical sense. RV camping trailers can be financed for a couple hundred dollars per month; rent the unit out for 2 nights and your payment is covered!
The math gets even better if you already own a RV. We have found that with most RV owners, after the initial excitement wanes their use of that asset drops and they do not use their units as often as they thought they would. When a RV sits it starts to deteriorate quickly costing you money in depreciation, maintenance, and storage. By flipping the equation and using the RV as a money making asset you are able to take a liability and turn it into an asset.
After starting a RV rental business you can generate real income by owning an RV and renting it out. RVPlusYou is one of a number of RV rental listing sites you can use to post your RV for rent, and find potential renters. Outdoorsy and RVShare are also good options, especially if you want to let the renter drive or tow your RV.
We address the biggest problem with the RV rental market and that is finding and reaching potential renters. We generate hundreds of leads per month for our RV owners and it costs you nothing until you say yes to the renter. RVPlusYou offers a damage and liability protection policy, as well as customer support, and reservation and booking software at no charge. Our fees for booking through our platform are just 3%.
If you already have a pickup truck and already enjoy camping you will be working in a recreational based business that allows you to be outdoors and allow other people to enjoy and discover the outdoors too. RVPlusYou.com is here to help teach you and help give you the tools to help you start an RV rental business.