*This post may contain affiliate links, please see my disclosure
This post is sponsored by our friends at RVShare. You can find more details on renting out your RV here. All reviews and opinions expressed in this post are 100% our own.
In August of 2018, we sold everything we own (including our house), packed our family of 5 into an RV, and said goodbye to the life we once knew!
Since then, we’ve traveled to 25 states, 20 National Parks, and over 80 destinations as we enjoy just some of what this beautiful country has to offer.
Along the way, we’ve met with many RV owners, from full time families, to part-time snow birds, to those who enjoy a weekend in a great outdoors!
Our RV has allowed us the freedom to roam, it’s been a wonderful experience!
And though we encourage anyone who owns an RV to get out and enjoy the freedom it brings, the reality is that it is NOT always possible to spend every weekend traveling.
In fact, if you own an RV and are NOT full time like us, your RV is sitting there 86% of the year (on average)!
The other unfortunate reality is that most RV’s are not just sitting there, unused….you are making monthly payments on it at the same time!
So how do you take your parked RV and turn it into a profitable cash cow?
Rent it out using RVShare!
The easiest way to describe RVShare, is that it is the Air BnB of RV rentals. RVShare is a safe place where you can list your RV for rent (on your own terms), find suitable renters, and earn a significant profit!
Thousands of people all over the country are renting RV’s on RVShare EVERY MONTH!
As an RV owner, you can now share the JOY of the open road with others, and build a side hustle at the same time.
So, instead of parking your RV while it loses value over time, let’s put it to work by renting it out!
Renting your RV for profit sounds too good to be true, but can you actually make money doing this?
Short answer: Yes.
In fact, there are people who make THOUSANDS per month renting their RV out.
Some do it just to pay the RV payments while they aren’t using it.
Others have actually built a LEGIT BUSINESS on the side, purchasing and renting out multiple RV’s on RVShare.
On average, RV Owners renting out their RV are earning more than $10,000 annually.
Some are renting out their RV for more.
Several people have reported making over $30,000 in 1 year, and some even more.
You can read more in the RVShare Testimonials!
And to put numbers on paper, here is a table showing typical rental prices and potential earnings from renting your RV on RVShare.
|RV Type||Nightly Price||Weekly Price||Yearly PossibleEarnings|
|Class A (10+ years old)||$150-$250||$1,050-$1,750||$20,000-$40,000|
|Class A (newer)||$350-$450||$2,450-$3,150||$30,000-$60,000|
|Class B (10+ years old)||$100-$200||$700-$1,400||$10,000-$20,000|
|Class B (newer)||$200-$350||$1,400-$2,450||$15,000-$30,000|
|Class C (10+ years old)||$100-$200||$1,050-$1,400||$10,000-$20,000|
|Class C (newer)||$225-$400||$1,575-$2,800||$19,000-$38,000|
|Travel Trailer (10+ years old)||$50-$125||$350-$875||$8,000-$15,000|
|Travel Trailer (newer)||$125-$200||$875-$1,400||$11,000-$22,000|
|Fifth Wheel (10+ years old)||$60-$150||$420-$1,050||$9,000-$18,000|
|Fifth Wheel (newer)||$150-$300||$1,050-$2,100||$12,000 – $25,000|
As you can see, there is some MASSIVE earning potential to rent out your RV that you weren’t using anyways!
Of course, rental rates vary by location and time of year, but YOU get to set the prices for your RV.
Now let’s walk through how to get started.
First things first. Go to the RVShare website and go to List Your RV .
We’ll go in to more detail below (including a step-by-step video to create your first RV listing!), but here’s a quick overview of how the process works:
- List Your RV on RVShare. Make sure to include photos and a detailed description. Treat this like a classified ad, and make sure to highlight all the updates and unique features of your RV
- Review reservation requests. Once your RV is listed in the marketplace, you will start getting reservation requests from potential renters. YOU get to review all of these requests, and work directly with renters to agree on the terms of the rental. You have complete control over the rental process.
- Meet With Renter. Once you’ve come to an agreement, it’s time to meet with the renter. Give them a thorough walkthrough of the RV, and send them on their way!
- Get Paid! RVShare securely collects payment and will direct deposit right into your account.
But if the thought if handing over your keys to a complete stranger frightens you a little, read below.
Full Coverage Insurance…At No Cost To You!
RVShare knows full-well that people may be nervous to rent out their personal RV to a stranger. That’s why they allow YOU to set the price, terms and choose the renter.
What’s more, they have taken care of the insurance as well!
Included in your RV Rental agreement is RV Rental Owner Insurance, provided at no cost to you, the owner!
It even includes a $1,500 deductible that is payable from the renter’s security deposit!
Here are the details of the insurance:
- A-rated policy covering $1,000,000 in liability coverage
- Comprehensive and Collision coverage for the value of the RV up to $200,000
- Full coverage in all 50 States, and Canada!
- Includes coverage for “Acts of God”, including hailstorms, earthquakes, floods, vandalism and fire
- Coverage is 100% NO COST TO YOU, and is part of the rental fee assessed to the renter
So rest easy, fellow RV owner, you are in good hands.
How To Rent Your RV: Step By Step Walk-Through
Ok, now it’s time to make some money!
I’ve put together a step-by-step guide to creating your first RV Listing on RVShare. Watch the video above or read the steps below to get started today!
Sign Up HERE to start you RV listing.
- Select your type of RV, and input your details (Name and Email) to sign up.
Fill out details
- Once submitted, you will walk through a series of prompts to fill out your profile.
- This includes your RV location, RV value (for insurance purposes), RV Make/Model, and VIN Number
Fill out RV details for listing
- This is where you create your initial listing. This will include all the details of your rental.
- Make sure to include a catching title name (words like “Upgraded” and “Unique” work well), and highlight anything that makes your RV stand out!
Set your Price!
- The great part is that based on your RV Value / Make / Model, RVShare will automatically fill in suggested pricing to get your started.
- If you want to fill this in yourself, you can rill in the day / weekly / monthly prices, minimum trip length, security deposit, tax rate, generator charges, and cancellation policy
- Now you can add photos of your RV that is for rent. Make sure to get lots of picture.
- Exterior, interior, and shots of each room will help people see the value and layout of your RV. In fact, upload a layout picture of your model if possible.
Complete Profile and Publish Your Listing!
- The last step is to complete a quick “about the owner” section, and the PUBLISH your listing!
What To Do After Your RV Is Listed
Turn On Notifications
- Once your RV is LIVE, you want to know when people want to rent it. Make sure to turn on any notifications to make sure you know all activity with your rental listing.
- On your RV Dashboard, simply go to “Account > Notifications” to edit your preferences.
Respond To Renter Requests Quickly
- Getting your RV rented quickly means giving great customer service. And responding to any Rental Requests quickly is the best way to do this.
- Inside your RVShare Dashboard, you check for new messages or reservations. I recommend responding within a few hours for best results. This builds renter confidence, and gets your RV rented quicker!
- Please note: “New Reservation Requests” expire within 24 hours. Don’t worry, you can still reach back out and manually send them a final quote.
Fill Out Your Payment details!
- You want to get paid, right? Don’t forget to go to the “Payments” section of your dashboard and input your Direct Deposit information.
What To Do After Booking Is Completed
Contact Renters Prior to Rental Date.
- Email renters at least 1 week ahead of time to check in, and answers any last-minute questions.
Make sure your RV is ready to go.
- Remove any personal belongings you don’t want in there during the rental period. This may include family pictures, clothes, or household items you don’t want others to use.
- Test everything is functioning ahead of time. If needed, take your RV to a mechanic to had it tested and looked over to make sure everything is in working order.
- You don’t want your customers dealing with broken appliances or other RV issues during their vacation!
Day of rental, meet with owners, and walk through how to use the RV.
- Driving, appliances, slides, awning, bathroom, etc.
- Use “Departure Form” checklist to make sure you cover all training needed and note any existing damage on RV.
- Ask about their trip to see if there is anything special they need to know about using the RV.
- Payments come through on the first business day AFTER the start of the rental.
Are You Ready To Give It A Shot?
If you are an RV owner and your RV is parked a majority of the time, it’s time to put it to WORK.
If you click the link below, you can get started today in less than 15 minutes!
Tell me, what will YOU do with your RV rental income? Drop a comment below!