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Updated about 3 years ago on . Most recent reply

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Brian Boyd
  • USA
536
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305
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AIR BNB With Car Rental

Brian Boyd
  • USA
Posted

We have an Air BnB in Montana and are planning a trip there this summer. We could not find a rental car while there so we are considering buying a vehicle to have available at the property while we are there (we only go twice a year). But, given this cash outlay we are considering having it available to those that rent the property for an additional fee. I would love to hear from others that have done this to find out if this would make the property more attractive to potential renters.

Thanks for any input you may have.

  • Brian Boyd
  • Most Popular Reply

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    Joshua Strickland
    • Investor
    • Flowery Branch, GA
    412
    Votes |
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    Joshua Strickland
    • Investor
    • Flowery Branch, GA
    Replied

    I work for a major car rental company as my W2 job. (Enterprise) I wouldn’t recommend this. Will it give you a potential revenue stream? Sure. Will it 10x your risks? Also yes. Our employees go through a long check list before renting every car. Unless you have someone on site to walk through it before the renter gets there and do a walk around with the renter once they get there your logistics will be a nightmare. Even if you do find a way to pull it off the liability is insane. Better be checking the tires and triple checking for no recalls or Maintenace on a daily basis. Even then your liability is off the charts. 

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