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Updated almost 2 years ago on . Most recent reply
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Use RV for STR
Anyone here have experience or no someone using an RV for STR? Have an opportunity to pickup a lightly used 42ft diesel-pusher complete with king bed, full size bath (separate toilet and shower), and small washer/dryer combo. Thinking could rent a spot for 30-days at a time in some coastal, mountain, and lakeside RV parks and rent nightly. Seems would cash flow but looking for some insight from the community. Thanks all.
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It's great to see you exploring new opportunities in the short-term rental (STR) market. While I personally haven't had experience with renting out an RV for STR purposes, I can share some general thoughts and suggestions based on what you've described.
Firstly, the idea of using a well-equipped RV like the one you mentioned in scenic locations could be appealing to travelers seeking unique and flexible accommodation options. However, there are a few aspects to consider before diving into this venture:
Local regulations and park policies: Make sure to check the rules and regulations at the parks where you plan to rent a spot. Some parks may have specific guidelines or restrictions on STRs, so it's essential to be aware of these beforehand.
Competition: Assess the competition in the areas you're considering. Research other RVs or alternative accommodations available for rent to understand the market and determine your potential niche.
Maintenance and management: Renting an RV requires regular maintenance, cleaning, and restocking of supplies. Be prepared to invest time and resources into managing these aspects or consider hiring someone to do so on your behalf.
Marketing: To ensure your RV stands out from the competition, create a strong online presence on platforms like Airbnb or VRBO. High-quality photos, detailed descriptions, and competitive pricing can help attract potential renters.
Insurance and liability: Ensure that you have the appropriate insurance coverage for your RV and renters, as well as a clear rental agreement outlining terms, conditions, and responsibilities.
Just some food for thought. Otherwise, I love this Idea. Keep me posted on how this works out for you. It might be something I'll have to look into down the line.