Patrick Atherton has been around mobile homes and RVs his whole life.
As a teen, he worked alongside his stepdad repairing units.
This passion for motorhomes has seeped into his adulthood.
Patrick Atherton assists a customer at his R.V. storage facility. In 2018, the couple has made $37,830.55 with RVshare. Tina Russell/The Penny Hoarder
Theyve serviced an array of clients, some who rented their RVs out through Craigslist.
This piqued the couples interest itwouldbe nice to turn an idle travel trailer into some income.
But they werent excited about Craigslist.
Renting out an RV is different from renting out a vehicle or any other item for that matter.
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It offers comprehensive insurance and 24/7 roadside assistance.
In October 2017, the Athertons listed their Lance travel trailer on the site.
In 2018 alone, the couple has made $37,830.55 with RVshare.
The couple shared their RVshare experience as well as insider tips.
Did you know?
Thats OK, because the family adventures are well worth it.
But wouldnt it be nice to earn some extra money instead of watching it collect dust and dirt?
Thats why the Athertons decided to rent out their 21-foot 2017 Lance trailer in October 2017.
Their repair business tends to slow down during the off season, from around September to March.
Renting out the trailer would potentially offset that lull.
But what if someone backs it into a Joshua tree?
Blows out a tire in the middle of Death Valley?
Freezes the pipes in Banff National Park?
RVshare has safeguards in place to help prevent and take care of those types of accidents.
It spans all 50 states and Canada.
It includes $500,000 in liability coverage plus up to $200,000 in collision coverage.
Even better: Its free with each rental.
This includes free towing and free tire service, in case of a flat.
Shes sent messages to support and has received a response within an hour.
Free Listing
You dont have to pay a penny to list your unit on RVshare.
Youll only pay a commission (usually about 25%) if your RV is actually rented out.
Search by year and RV class.
This will allow you to attract your first few renters and build up some five-star reviews.
Yes, RVshare has that 24/7 roadside assistance, but renters will likely reach out with questions.
For them, most questions are about how to use the solar panels theyve installed on their rigs.
Having someone to do all the needed repairs is crucial.
She encourages owners not to rely on major RV dealers for maintenance, especially during peak season.
Its best to just stick under the protections of RVshare.
Evaluate the Commitment
Purchasing and maintaining an RV is expensive work.
If you already have one, you understand that.
If dont and are looking for an additional income stream, youll want to really evaluate this commitment.
First, youve got the RV loan.
Ive seen RV loans with terms lasting 15 to 20 years.
Second, think about the units maintenance.
Itll require more attention than your average vehicle and will cost more.
Third, youve got to think about storage costs.
Karla says some storage units even require certain types of insurance, which can be more pricy.
This is just their first year in the RV rental industry, too.
That means investing in more units.
Karla says she recommends RV owners consider renting out their rigs, especially throughRVshare.
Because its a company with great integrity, morality and it delivers what it promises, she concludes.
Its a company I can 100% trust.
Carson Kohler ([email protected]) is a staff writer at The Penny Hoarder.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
