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Friday, September 27, 2019

Fwd: Who Renting An RV Is Good For







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There are some people who will never rent out their RV. And that's fine.

If you're a full-timer, your RV has a name and is part of the family, it can seem crazy - insane even to let your "Betty" get into the hands of renters who aren't familiar with her.

However, there is another group of people who can seriously benefit from renting out their RV.

Here's when renting your RV can make sense:

If you're considering the RV Lifestyle and are 2-5 years out from retirement, getting an RV and renting it out can be the perfect way to dip your toes in. 

Because you're still working, you probably will only be using your rig once or twice a month (and definitely not during the week), that means the rest of the time it can be up on a rental site and making you money!

You can also use renting to get extremely familiar with all the systems (electrical, plumbing, mechanical) on your RV before you do a multi-week trip or go full-time. 

Renting it when it's not in use and just sitting in your driveway will also help you cover some of (if not all of) the payments.

This is also a good way of getting into a slightly used RV for very little cost. If you want, after renting out your unit over a couple of years you can then trade it in towards your dream RV when you're ready to go full-time.

Even better is to apply any additional revenue from the rental towards the balance on your loan. This should help you end up with positive equity towards your trade-in. Which is almost unheard of with RV purchases.

If you only want to RV part-time but want to make some money to cover the payments.

RVs are expensive purchases and depending on how much you're using it, that $800+ payment each month can be a large drag on your finances.

We'll cover how much you can likely make renting out your rig in the course (and how to find out real numbers for your exact location) but even renting out 1-2 days per month can bring in ~$250-400/month which means that doesn't need to come directly out of your pocket.

If you are looking to have a side hustle.

Depending on your location renting RVs out can become a viable business model. The income they can generate at popular destinations is remarkable. Having multiple units that you rent out can not only generate positive cash flow but can become a real full-time business.

Live near a national park or popular tourist destination like Dinseyland? Renting RVs could be something you do full-time.

In building our RV Renting School course and community our goal is to help you succeed in all manners of renting your RV and cover everything that you need to know to begin renting out your RV. 
Whether your goal is to pick up a little extra money to help cover the cost, dive feet first into renting to generate income or to start renting as a part-time or full-time endeavor.

Our goal is to provide you an unbiased place to learn about and improve your rental process.

This is a collection of the knowledge of everything that you'll need to understand and be aware of before you begin renting your RV.

We cover everything from important differences between different rental sites, what types of insurance you'll need to be covered in the worst-case scenario, ways to "dummy-proof" your RV so that renters don't accidentally break things, and so much more!

You can get it now during launch for a one-time payment of $97, this price increases to $197 on Oct 1st.

The course is broken up into 3 sections, in them, we cover in detail:
Section 1: Before You Begin Renting 
  • The Reasons Why You SHOULD Rent Out Your RV And Who It Will Work Best For
  • What You Should Consider Before Even THINKING About Renting Your RV (it isn't for the faint of heart…) 
  • How Much Money You Can Expect To Rent Out Your RV For 
  • How To Determine If Your Area Is An "RV Renting Hotspot" 
  • How To Choose The Right RV For Renting If You Don't Already Own One 
  • How To Understand, Navigate, And Avoid The Pitfalls Of Different RV Rental Insurances (and the best one to choose to make sure you're fully covered)
Section 2: Once You're Committed & Have An RV
  • How To "Dummy-Proof" Your RV To Avoid Accidents And Breakage From Renters 
  • What To Stock In Your RV For Renters (and how to make extra money on "upsell packages" for your rental) 
  • The Best Places To List Your RV For Rent (and how to create a profile that will make your RV stand out from the crowd) 
  • Our Best Practices And Step-By-Step Guide To Vetting And Communicating With Potential Renters Before Arrival 
  • A "Standard Operating Procedure" Checklist For Renter Check-in and Check-out To Minimize Your Liability  
  • A List Of Extra Helpful Gadgets You Can Install On Your RV To Keep It From Getting Stolen, Stop Renter Unauthorized Use, And Minimize Potential Accidents
  • An Answer To The Question - "Should I Register As An LLC or Not?" 
  • An Overview Of Things You Should Know For Accounting And Tax Ramifications
Section 3: Optimizing Your Rental Process 
  • How To Improve Your RV "Turn-Around Process"  
  • What You Need To Know If You're "Renting Solo" (aka not on RV Rental Platform)
  • Marketing Ideas And Strategies To Increase Your Number Of RV Rentals 
On top of all of that, we also have a private community forum where you can discuss with other renters including things like:
  • What to Charge Per Night
  • Best Practices For Vetting Good Renters 
  • How to Fill Your Booking Calendar
  • What's going well for your peers
  • Common mistakes to avoid
We will also have on-going support and training with quarterly calls with industry experts, marketing directors of booking sites, insurance agents, and successful RV rental businesses.

Because we know that many people joining, may not have an RV yet we've also decided to throw in our RV Buying Secrets guide (a $47 value) for free!

Whether you're purchasing a new or used RV, this extra guide will help you understand the nuances that come with purchasing an RV, where you can save thousands of dollars in the buying process, what the right questions are to ask dealers, what things to look out for, how to select the right unit, amenities, warranties, and so much more! 

RV Renting School is a course so when you purchase you'll receive a username and password to log into the course website.

For the RV Rental School launch, we're giving $100 off the course price if you use the discount code LAUNCH when you checkout.

This code is only valid until Oct 1st at midnight EST and afterward, the price will increase to $197.

We'll see you on the road!
Jon-jon




---------- Forwarded message ---------
From: Mike Wendland <info@rvlifestyle.com>
Date: Fri, Sep 27, 2019 at 12:49 PM
Subject: Who Renting An RV Is Good For
To: <joaoa.dsilva2019@gmail.com>
-Mike & Jennifer
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