The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
If you own an RV, there’s a pretty good chance you don’t use it as often as you would like. Sure, you might take a couple of big trips a year and may even take it out a couple of times a month on weekends, but if you’re like the vast majority of RV owners, your motorhome or trailer probably sits in storage a lot of the time.
For this reason, it just makes sense to rent your RV out.
Renting your RV ensures it is being enjoyed more often. It also allows you to make a few extra bucks. In fact, many people will actually pay for their RVs by renting them out, and others are able to make a real living off of their RV rental businesses. Wondering how it all works? Let’s dig in.
Why Should You Rent Out Your RV?
If you’re still on the fence about whether renting out your RV is a good idea, we can put your mind at ease. Besides the extra income, which we’ll get to in a moment, here are some reasons you’ll want to list your RV on RVshare.
Easy to use platform
RVshare takes the guesswork out of renting your RV. Creating your listing is easy with step-by-step instructions, where you can customize everything from the details about your rig to how much you want to charge nightly. After adding a few photos, you’re all set to go.
Included insurance and secure transactions
All transactions are safe and securely housed within the platform, including conversations with your renters and the transfer of funds. Additional peace of mind is provided through automatic insurance provided on each rental at no cost.
Access to a nationwide network of renters
We’ve already shared how RV vacations have gained popularity this year. By using RVshare, not only will you be connected with millions of potential renters, you don’t have to worry about the legwork to marketing and advertise.
RVshare has a team of support experts who can assist 24/7 with any questions or concerns that may arise. There is also one-on-one training and coaching with our team of rental experts. They will help you rent out your RV and assist with setting up your listing, answering any questions you may have, and offering guidance to help you be as successful as possible.
Earning Potential for Renting out Your RV
So how much money can you actually earn by renting out your RV? Those who list their RV on RVshare can earn up to $40,000 per year.
Of course, RV owners who bring in that kind of rental income invest time into their listings. They may go above and beyond by renovating their camper, listing multiple units, or personally sharing their listings on their social media accounts.
But you don’t have to make managing your RV rentals a full-time gig by any means. Even if you list your RV casually, you can earn an average of $16,000 per year.
Tips to make your listing successful
There are a few easy ways to boost your earning potential without undergoing major renovations or taking a lot of time. Give these a try:
- Upload photos on your listing that are clear, bright, and fully show off your RV.
- Update your RV with a fresh coat of paint on the walls or swapping out hardware on cabinets.
- Make sure your listing is completely filled out and be open to answering any questions from renters.
Bottom line: the extra income that comes from renting out your RV can go towards your RV payments and maintenance or even fund your personal vacations. Renting out your RV means you’ll also save money on storage costs, and you’ll avoid the downsides that come with an unused camper (higher risk for pest intrusion, leaks that go unnoticed, and so on).
By listing on RVshare, getting started has never been easier.
The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.