RVSHARE review: An owners view of RVSHARE - my RV got damaged! [80]
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- Опубліковано 21 жов 2024
- Hey there,
In this video I outline my experience as an RV owner on RVSHARE. I talked about my first rental, payment breakdown, and damage to my brand new RV. RVSHARE is a website where RV/travel trailer owners can list their vehicles to rent out. Check out my review video from the owners perspective.
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As always have a great day!
Did the insurance that they paid fixed the rv???
No need. I was able to buff out the scratch in the paint.
Ok. That why I haven’t rented mine out. I am afraid how the insurance will play me. Thanks for getting back
@@Jeffreviews4u oh great! Was worried about that scratch. Would drive me wild!
We just rented a RV for a long weekend trip through RV Share from a local owner. All went well. We are now thinking about buying a RV for ourselves. Perhaps we will rent it out too.
Rented from rv share- picking it up tomorrow in Florida. 3 nights in the keys. I'll try to give an update after!
Yes, I plan to use RVShare over Outdoorsy bc RVS supports a Supplemental Rental Agreement and OD doesn't.
Thanks..liked
Awesome! Thanks for taking the time to watch and comment.
Is it possible to only deliver and set up at campgrounds only
The owner is able to set their renting preferences. Thanks for stopping by and commenting 🙂
How many days a year do you average renting this 1 RV?
Dude, I've had my RV listed on Outdoorsey for awhile, just signed up for RVShare, BUT ALSO just found out their insurance DOES NOT COVER DAMAGE TO THE INTERIOR! Like WTF!? NO thanks.
5:30 can you tell me more about this additional fee? Is it through RV Share? I have a policy with Progressive for mine, but it specifically states it's not active when renting on RVShare or similar
That fee is requiring the renter to pay a daily insurance rate (this is actually paid to the insurance company but is not required on RVSHARE)
I would let RV share rent out for me since they do all the paper work and back ground of legit people using it without any problems . I feel more secure . I think people should be able to bring there own insurance to the table but you need proof because people will always try to scam you or make fake paperwork
We popped our cherry and rented a 33ft from rv share. Had a great time but the RV was well used for a 2019 lots of boo boos and dings we had to foot the bill for a sewer hoze and power cord as well as several marker lights so the camp site ppl were concered about the plywood stablizer pads had to shovel rocks to dirt to stay we made sure to vac and also powerwas hed it bettet to return better then picked up. Our people Zelled me the cash for everything I purchased so In was happy and still would rent again next time we are going to try a Hybrid
Wow, thanks for sharing your experience!
Awesome video👍. I watched the one ,where you buffed out the scratch, now I'm watching this one, on how you got the scratch
Haha. Thanks for your continued support.
Great review Jeff, thank you for sharing. I was wondering about this very thing. We sold our RV years ago and don't want to buy one again but since we're retired now, maybe a rental RV is just what we might need. Great video, thanks again. I already saw your 'scratched' video so didn't go there again.
Sites like RVSHARE do make it easier for people to rent RVs. Thanks for checking out thos video as well as the RV scratched one! Have a great day.
Ok, we rented an RV from here and I gotta say, they need to have some baseline rules for owners. The trash can still had trash in it, there was random garbage around it, and in the overhead area there was a dirty solo cup and random rummikub pieces
Each renter is different. I am meticulous about cleaning my RV. That being said I charge a cleaning fee (I have a company that comes and cleans it every time). The renters I have had have been pretty pleased - especially since they dont have to get it super clean upon return. Thanks for sharing your experience.
We rented an RV in San Luis Obispo and we arrived to the camp site it was an old like 70's RV, stinky, the tiny toilet was clogged, just an awful experience
Definitely we do not recommend this company
Thanks for sharing your experience. I just bought a new RV. I’m curious if you are still renting 2 years later? Is there a lot of wear and tear? Any additional thoughts. I’m mostly concerned about the experience in driving something so large, mine is 36’.
I no longer rent it. I always vetted the driver before I allowed someone to rent. It was good money but took a lot of my time before, during, and after the rental. After a year I stopped renting.
I would rent an RV BUt NEVER rent mine. TOo much risk! I think it would be SO tough to have that learning curve for someone that doesn't actually own it.
I will say, every time I rented mine out I would worry that something would happen so I get what you're saying. Thanks for stopping by and commenting.
Mine is listed on RV share right now.
Very cool. Have fun renting. Make sure you have your own rental agreement. Thanks for stopping by and commenting.
I’m considering financing an RV to put on that platform. How has it been for you thus far?
@@UnkTuawn it was great, but then my truck broke down, so I had to remove my listing. But it works, it will make you some cash for sure.
@@Michelle-wd2oy Thank you. If you don’t mind me asking, what type of truck did you have and what did you make on average? I’m asking because I’m really trying to weigh my options.
thanks so much almost seems too risky and for a renter too high.
a lot of people like renting RVs and dont mind the price...i guess they think that it sure beats owning one of their own.
I’ve used rvshare, I looked at this way if I rent a toy hauler for the dunes at 130 a night for a week I’m in about a thousand. If I did that twice a year for 10 years I’m in 20k, I’ll be using a newer one probably every year, and if I bought one for 50k 10 years ago the thing is probably worth 20k at that point. On the plus side i don’t have have to worry about maintenance and other problems rvs could have.
we are about to buy a used Class A with a view of personal travel 6 months and rental income 6 months. My insurance sources will not write a policy if rent it for income. I see web advice to buy it as a business entity and obtain commercial insurance. How do you handle your ownership/insurance issue?
I ended up getting a policy from national general, this is the same company uses for insurance. My auto insurance wouldn't cover either.
I don’t trust the owner enough to fork over $1,000 extra dollars for deposit. Seems like they could make up anything.
I now charge a $1500 deposit. Any damages over $200 have to be accompanied by a repair bill uploaded to RVSHARE
@@Jeffreviews4u
I’m looking to rent, but there are tales of fraud on both sides.
Awesome video thank you
glad you liked it...if you end up renting to, or from....let me know how it goes.
I’m about to rent my RV on the RVShare platform. I’ve also acquired commercial insurance through MBA for my unit due to reading about all the loopholes in RVShares insurance program. Any thoughts/ advice? Thanks for the informative video.
Let me start by saying that I have had really good renters and aside from the first renter scratching the side of the RV I have not had any troubles. However. I have heard from others on the RVSHARE facebook page that have had difficulty. I learned that most insurance policies dont cover damage to the inside of the unit (if someone accidentally rips or burns something etc). I would set my deposit at 1,000 or 1,500 so you're covered. It has been a lot of fun. That being said sometimes I vet the renters (and have turned some down) if I didnt feel comfortable. Hope this helps and good luck.
I’m looking to purchase a camper trailer here in the next couple weeks and would like to start renting it. Would you say I have missed the peak season to make good profit ? I wouldn’t want to buy the trailer and not be able to get any renters off the bat..I’m located in the Bay Area FYI.
As with most things with all about location. I bought mine July of 2019. I rented it out enough to make a years worth of payments.
Jeff Reviews4u thanks for the reply. So you would say Bay Area should keep me busy enough then I’m assuming?
That would be my guess.
You will not make much net profit doing this. It is not simple, quick, or easy. I have done it and I know many others as well. For many, it's just not worth the work you will have to dedicate to it. And there's a good bit of "work" involved to do this right. Especially if you are already a busy person with a family, etc. This is more for people who have lots of free time, no young kids, not many jobs/projects/tasks to constantly do at home, etc.
Jeff , I am new at this, I want to rent a rv for 2 nights to go 700 miles back n forth but on the rv share site they say 100 miles per night , can u elaborate a bit on this
It's really an owners preference. Mileage is the quickest way to depreciate the RV. Owners typically charge a mileage rate over the 100 miles per day.
@@Jeffreviews4u dude haha that's a joke 100 miles you barely leave some large metropolitan cities, yeah I guess I will rent one for $500 and drive it around my block.... NOT!
I just rented an RV on rvshare, how likely is it to get scammed and be stuck without a rental on rvshare?
I guess it's possible that an owner cancels a rental for one reason or another...in that case you get a refund. typically orders aren't cancelled unless there is damage from a previous rental.
Does the insurance pay for the renter”s damage? Feel like u are saying u have to pay out of your pocket to fix the damage which is not true. Unless u did not take before and after photo of each angle of rv which made not able to file claim. I think only thing it does not cover is lost potential revenue when rv sits in shop for repair. Which in peak season can be painful.
Hey friend, to clarify no I would not have to pay for damages...I collected a deposit. This scratch was something I could take care of pretty easily. The unit was brand new when this renter rented it
Great video, so all-in-all, how much profit, on average, would you say you make a month on this single RV by renting it out? $1000/month, $2000/month? more....appreciate your feedback
I can't even count how much money I make....just kidding....I am pretty particular when it comes to renting my RV. I typically go with experienced RV drivers and I only rent a week at a time. I average 1 - 2 weeks per month of rental...that being said I also invest many hours prepping, cleaning, maintaining, and servicing the unit to make sure it is in tip top shape.
Good video Jeff.
Can a person actually make money renting those? I often thought of those if a person owned one could they actually make money renting it?
Perfect review because I was actually wondering about that stuff
They say it's like owning real estate...location, location, location. I have seen other RV owners rent their RV out nearly every week - in those instances it looks like you could make money. Where I live there is less of a demand and a lot of renters. I do it to off set the cost and I think it's fun. Thanks for stopping by and commenting.
Most don't "really" make money doing it (meaning net profit,) BUT it basically pays for your RV. So you have a "Free" RV that others pay for. But it also gets wear & tear, excessive maintenance needs, things get broken, worn, lost, stolen, etc etc. You have to be available to your tenants incase they have questions, problems, etc (while they are gone in your RV). So, it's not like you just sit back, kick your feet up, and bask in money. You also have to be ready to send the RV off, receive it back, spend an hour each time (minimum) going over everything. So, you won't become some rich guy by renting yours out. But it's probably better than you having to constantly pay some storage facility to keep yours there - or piss off your neighbors or HOA that you have this huge vehicle sitting in your driveway many months of the year. OR the issues that constantly sitting out in the hot sun cause on your RV. So, choose your poison...
I would also say if you are a busy person, this is probably not ideal for you. Because this takes quite a bit of time, effort to do properly. Been there, done that. But if you aren't all that busy in your life - give it a try. Make sure your RV is newer though. The older ones don't rent out much (especially for the price you need to make it worth your while.)
I agree with Horsepower House. My thought is each rental pays down the RV, in 4 years when the warranty runs out I'll trade it in for a new one (with a lot more equity than if I just made the payments).
@@Jeffreviews4u And the extra wear / tear / damage / maintenance / cleaning you will need to do will make yours worth far less when it's time to sell/trade yours in. (My time is very valuable and precious.) Many sellers STATE in their ad that theirs was never rented (if that's the case) - because it makes a big difference to the prospective buyer or dealer taking yours in on trade. It will be heavily used (if you rent it our regularly). But it's "something to do." For those people seeking such things. lol
We have a fifth wheel we are looking to list to rent but have been worried about it. So did you have to pay for the scratch repair or did your insurance pay or did RV share insurance pay?
I did it myself. It was pretty easy. Thanks for stopping by and commenting.
I wouldn't trust anyone to tow something like that - UNLESS you find a way they can PROVE they are capable of such a thing. No way I would let Joe-Blow tow my 5th Wheel or any larger trailer. It will come back damaged and you know it...
I would rent it out as much and often as possible hoping it would pay for itself. My wife on the other hand would never go for it. Some stranger sitting on the toilet - never!!! 😁
lol. I like renting it out, my wife isn't the biggest fan of it...that being said we do have a pretty detailed cleaning process. Thanks for stopping by and commenting.
Hi Jeff, I'm sure you've completed a few more rental by now. Seeing that COVID will be tremendous for this rental market (nobody wants to fly)... how has your experience been? Are there other blogs out there you've come across from renters that would help someone get started in this business?
During this time I've actually stopped renting. That being said I have a lot of interest. I just don't feel comfortable with renting at this time.
I have an RV that I rent out. I'm in California with strict covid rules. A lot of people cancelled there reservation for covid due to covid fears, economy fears, and RV resorts closing. As things reopen, it's been busy. RV prices are strong for new and used as manufacturers closed operations and inventory is getting low
no way, but then gain i don't own one.
Haha. I've been more particular with my rentals since this one. Lol. Thanks for stopping by and commenting.
Thanks for sharing though. I hope you understand that my issue is not with you, but rather with corporations like RVshare, and uber etc.
No worries, I understand your frustration. Thanks for stopping by and commenting.
RVshare is a scam
They have changed guidelines to favor the company over the RV owners...pretty frustrating.
Judging by your demeanor of the people that rented the RV you're lucky to have gotten away with only a scratch. It comes with the territory. Insurance will cover that!
Seriously. I was worried. It turned out to be ok. Thanks for stopping by and commenting.
Nice video
Glad you liked it. Thanks for the support!
There's an actual RV renting sight....now I've seen everything
Hahahaha. I just learned about it a few months ago. Evidently it's been around for a few years. People are renting everything now. Thanks for checking it out.
It's been around for many years. Not all that new.