Make Money With Your Camper: Rvshare's Top Tips

how to make money with your camper with rvshare

If you're an RV owner, you can make some extra cash by renting out your vehicle when it's not in use. RVshare is a great platform for this, as it has the largest marketplace of any platform, with millions of people visiting the website each year. It's free to join, and RV owners can make up to $40,000 in additional income per year. RVshare also provides one-on-one rental coaching and 24-hour support for renters and owners. The platform handles payments securely and deposits them directly into your bank account.

Characteristics Values
Income Owners can make anywhere from $5,000 to $40,000+ a year in extra income. Some owners have made close to $68,000 in a single year.
Cost RVshare is free to join. There is a small commission fee only when your RV is booked.
Insurance RVshare provides liability, collision, and comprehensive insurance coverage for the renter, owner, and RV. Owners get $1,000,000 in liability coverage plus comprehensive coverage of up to $300,000.
Roadside Assistance RVshare offers 24/7 roadside assistance, including towing, at no additional cost.
Payment RVshare securely handles all payments and releases funds to the owner's bank account one business day after the start of the rental.
Flexibility Owners have total control over pricing, availability, and rental terms.
Reach RVshare has the largest peer-to-peer RV rental marketplace, reaching millions of renters every year.
Support RVshare provides one-on-one rental coaching and 24-hour support for renters and owners.

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How to list your camper on RVshare

RVshare is a free-to-join platform that allows you to make up to $40,000 in additional income per year by renting out your RV when you're not using it. The platform reaches millions of renters annually, and you're in control of your rental, meaning you set the rental prices and the number of rental nights.

Here's how to list your camper on RVshare:

Step 1: Create a Listing

Go to RVshare.com and create a listing. Set the dates your RV is available, decide on your rates and fees, and upload photos of your rig.

Step 2: Write a Detailed Description

Write a detailed description of your RV. Include information such as the size, sleeping capacity, and sleeping arrangements (e.g., master bedroom, fold-out couch). If it's a towable vehicle, mention the weight and delivery details. Also, highlight any unique features or amenities, such as an automatic levelling system or high-tech GPS.

Step 3: Respond to Inquiries

Once your RV is listed, review any inquiries and negotiate terms and prices with potential renters. Work with them to find a date that works for both of you.

Step 4: Hand Over the RV

On the rental date, meet with the renter to hand over the RV. Give them a short tutorial on how everything works, and they'll be on their way!

Step 5: Receive Payment

RVshare securely handles payments and deposits the funds directly into your bank account the day after the rental starts.

Step 6: Repeat!

At the end of the rental period, the renter will return your RV. You can then choose to rent it out again or plan your next personal trip!

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How to set your rental price

When deciding how to set your rental price, it's important to remember that RVshare gives you total control over how you price your RV. You can set your own rental prices and decide how many nights a renter can take your RV.

To determine your rental price, it is recommended that you look at comparable RVs in your area and price your RV similarly. Consider the type, age, make, and model of your RV. You can also look at rental prices for other, comparable rentals, both on RVshare and on other peer-to-peer sites. This will give you an idea of what your potential customers are encountering as they search for rentals.

If your RV is newer or has more amenities than others you see, you can consider increasing the rental price. On the other hand, if your RV is older or has fewer amenities, you may want to lower your price.

  • Travel Trailers: $75 to $175 per day
  • Class C Motorhomes: $125 to $250 per day
  • Class A Motorhomes: $150 to $300+ per day

Remember, price is the most important factor for customers looking to rent an RV, so you'll want to price your RV competitively while also ensuring you're not underselling yourself.

Additionally, you can change your rates based on the season or whether a special event is happening. During peak season in your area, you can raise your rates to potentially increase your rental income.

By carefully considering these factors and doing some research, you can set a competitive and profitable rental price for your RV.

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How to create a successful listing

Now that you've decided to list your RV on RVshare, it's time to create a listing that will attract renters and help you get bookings. Here are some tips to make your listing stand out:

Take High-Quality Photos

Pictures are crucial as they are the first thing that catches a customer's attention. They allow renters to envision themselves using the RV. Include as many photos as possible of every area of your RV, such as the exterior, sleeping areas, bathroom, kitchen, and living areas. Make sure to clean and tidy up each space, and consider adding some decorative touches like pillows or a bottle of wine in the kitchen to make the RV feel inviting. Natural lighting is best, so take advantage of sunlight when taking your photos.

Write a Catchy Description

While photos are essential, a well-written description is also necessary. The headline is the first thing a customer will read, so include unique features of your RV, such as its amenities, sleeping capacity, and size. In the rest of the listing, provide details about what's included in the rental, such as linens, dishes, outdoor equipment, or other perks. Be sure to answer any questions a renter might have, such as sleeping arrangements and the number of bathrooms. You can also offer additional services, such as setting up the RV on-site, for an extra fee.

Competitive Pricing

Research the rental prices of comparable RVs on RVshare and other peer-to-peer sites to determine a competitive price for your listing. Consider factors such as the age, size, quality, and amenities of your RV when setting the price. Remember, price is the most important factor for customers, so you want to find a balance between affordability for renters and a fair income for yourself.

Highlight Unique Features

Think about what makes your RV stand out from the rest. Do you allow pets? Are you offering any additional services or equipment? Is your RV located in a desirable area? Highlight these features in your listing to attract renters who are looking for specific amenities or locations.

Be Transparent

While you want to showcase your RV in its best light, be transparent about any limitations or issues. For example, if your RV is older or has outdated features, it's better to be upfront about it rather than risk disappointing your customers. Trust is essential, and a negative review from an upset customer can be challenging to recover from.

By following these tips, you can create a successful and attractive listing on RVshare, leading to more bookings and a potential side business.

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What insurance you need to rent out your camper

When renting out your camper through RVshare, you are required to secure RVshare Insurance and Protection in case of accidental damage during the trip. This includes instances where the camper is delivered or stationary for the duration of the trip. Damages may still occur in these situations, such as fire, acts of nature, or falling trees.

The Essential Package of insurance and protection is automatically included in the quote when booking an RV that is covered by the RVshare Protection Plan. However, renters can choose a different package at the time of booking.

The RVshare Protection Plan Packages for motorhome and travel trailer rentals include:

  • Up to $300,000 in comprehensive and collision coverage based on the value of the RV.
  • Free 24/7 roadside assistance, towing, and tire service.
  • State statutory limits of liability.
  • Coverage for accidental damages after delivery for delivered RVs.
  • Up to $1 million in owner liability insurance coverage.
  • Campsite liability coverage options up to $50,000.

RVshare's insurance partner, Crum & Forster, provides secondary (excess) third-party liability coverage. The policy does not provide coverage for damage to the rented vehicle.

In addition to the above coverages, RVshare also offers Interior Damage Protection as an optional coverage that can be added to your Insurance and Protection package. This covers damages to the interior of the RV, such as broken appliances, damaged interior doors, walls, and cabinets, stained bedding or linens, and lost keys.

It is important to note that insurance and protection pricing is based on factors such as the age, type, length, and stated value of the RV, as well as whether it is a motorized or non-motorized RV. For RVs older than 20 years, RVshare offers liability-only insurance coverage.

When renting out your camper, it is crucial to understand the limits and deductibles of your insurance policy. Even a small incident can result in costly repairs, so ensuring sufficient coverage is essential.

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Pros and cons of renting out your camper

Renting out your camper can be a great way to subsidize the cost of ownership, but there are some potential drawbacks to be aware of. Here are some pros and cons to help you decide if renting out your camper is the right choice for you:

Pros:

  • Extra income: You can make a significant amount of extra income by renting out your camper when you're not using it. According to RVShare, rates range from $100 per night for an older Class C motorhome to $450 per night for a newer Class A motorhome. Some owners make anywhere from $10,000 to $40,000+ a year, and one owner even made close to $68,000 in a single year.
  • Share your passion: Renting out your camper allows you to share your love of RVing with others. It's a great way to introduce new people to the RV lifestyle and help them create memorable experiences.
  • Free up storage: If your camper is just sitting in your driveway, renting it out can free up space and save you money on storage costs.
  • Subsidize purchase: If you're thinking of buying an RV but aren't sure if you can afford it, renting it out when you're not using it can help subsidize the cost of ownership.

Cons:

  • Damage: One of the biggest concerns when renting out your camper is the potential for damage. While most people will treat your camper with respect, accidents can happen, and you'll need to be prepared for the possibility of repairs.
  • Stress and anxiety: It can be stressful to hand over the keys to your camper to a stranger, especially if you live in it full-time and have to remove all your belongings.
  • Time investment: Renting out your camper requires a time investment, as you'll need to communicate with renters, clean and inspect the camper between rentals, and be available to answer questions or deal with any issues that may arise during the rental period.
  • Business learning curve: Renting out your camper is essentially running a business, and there is a learning curve involved. You'll need to learn how to market your camper, set competitive rates, and provide excellent customer service to get positive reviews.

Frequently asked questions

This depends on a few factors, such as the type of camper, how new it is, where you’re located, and how often you rent it out. Some owners make anywhere from $10,000 up to $40,000+ a year, with some making even more.

Start by creating a listing on RVshare.com. You’ll need to set the dates your camper is available, decide on your rates and fees, and upload some photos of your camper. You’ll also want to add a detailed description of your camper, so that renters can learn everything they need to know about it.

RVshare securely handles all payments and deposits the funds directly into your bank account. They take a small commission fee, only when your camper is booked.

RVshare provides liability, collision, and comprehensive insurance coverage for both owners and renters. The insurance plan is activated on your camper at no cost to you. This provides up to $1,000,000 in liability insurance coverage, up to $300,000 in comprehensive and collision coverage, free 24/7 roadside assistance, free towing, free tire service, and campsite liability coverage of up to $10,000.

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