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Updated about 4 years ago on . Most recent reply

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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Would you rent your car to an STR tenant? How much?

Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Posted

Got a mechanical engineer staying in of my places.  He's from Houston, originally from India.  He gets a ride from co-workers to and from his place of employment.  Before he came here, he asked about renting a vehicle from me.  I left my F150 with mud tires in his driveway.  It seats one.  Toolboxes take up the other 3 seats.  I told him I removed all the firearms and left the ignition key above the drivers sun visor.  I think he was too intimidated by it, and wanted a car.  My wife has a Grand Prix.  She's put about 500 miles on it in the last 10 years.  She's all for renting it to the guy.

How much should we charge?  He doesn't know how long he'll be here.

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Abe DeHart
  • Lawton, OK
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Abe DeHart
  • Lawton, OK
Replied

I’ve thought of purchasing a 4 seat RZR, registering it for on-road travel, and renting to people who come for a week to my rentals in the smokies. Local places charge $450+ per day. Could be a nice gig if I can get the right liability insurance. I bet that could be a nice revenue stream for you Paul. High paid blue collar workers would love a RZR Turbo S to zip around town in. 

  • Abe DeHart
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