When starting an RV rental business, you need to consider a few important factors first.
- Where are you going to get the RV?
- What type of RV is it (Class A, Fifth Wheel, Class B)?
- What condition is the RV in?
- How many people does it sleep?
- Do you have an insurance policy that will cover an RV rental?
- Does the renter have experience using an RV or driving one?
- How will you repair your RV if it gets damaged or breaks down during the rental?
- How many miles you are willing to allow somebody to drive your RV?
- If you are renting a trailer, do you have a certification process to make sure that the renter owns a vehicle capable of towing your RV trailer safely?
- Where will you store your RV so that you can access it at random and multiple times during a camping season?
- Do you have a marketing budget and a way to reach out to and communicate with potential renters?
- Do you have a merchant account set up so that you can accept credit cards and store deposits against potential damage?
You need to make important considerations when starting an RV rental business. Download this guide to starting your RV Rental business, then check out the Five Steps to consider when starting off.
RVPlusYou.com was established by RV owners with experience and knowledge in the RV rental market. The biggest problem in the RV rental business is lack of inventory. During the peak summer months demand far outstrips supply, which creates a real opportunity to earn significant income as a rental provider.
We address many of the main considerations that come with starting a RV rental business, including:
- Providing insurance coverage during the rental.
- Eliminating the risk of damage from inexperienced renters moving your unit.
- Providing a steady stream of potential renters for vetting.
- Handling the payments and deposits in a secure and easy to handle manner.
Starting a RV rental business is an amazing opportunity to cash in on a popular but often forgotten industry.
