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Updated over 4 years ago on . Most recent reply
Renting Out Driveway for RV Parking
First time poster, appreciate any help/input the community has to offer. I'm evaluating a duplex as a buy and hold rental that also has RV parking (from what I can tell, basically a large secondary parking spot that could accommodate an RV). While I'm sure this could be attractive to a potential renter who has an RV, I also had the thought of perhaps renting it out to someone who might be looking for a place to stay in their RV for the night (especially since the property is well located and convenient to places folks would want to be). Has anyone had experience with this? Is this even possible? In a quick Google search I'm not turning up websites set up to offer this kind of thing, which I find a bit surprising to be honest. Thanks in advance for any help!
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I live full time in my 5th wheel and these spaces are in HUGE demand with a pathetic supply. Monthly rental spaces are few and far between and most of us would sign a one year lease. Full timers need an address even if they travel a lot. That said, to get am "ok" rent you will need the following: exterior water source and 30 amp plug (bare minimum), 50 amp plug ideally. To get the best rent you will need a sewer/septic hook up. This is what most places don't have. If you don't have a septic hookup for the rig than at every 1-2 weeks we have to pack up the entire rig and go empty out all the tanks. No one will stay long if that's their schedule nor do you want someone backing up something that big all the time on your property. If you provide all the hookups and they have some degree of their own outdoor space/privacy you could easily get $550-$700 per month.