How to Earn Serious Money From Your Idle RV

Photo by sirtravelalot / Shutterstock.com

If you have an RV sitting idle in your driveway or a storage space, you could be missing out on a great money-making opportunity.

Just as Airbnb connects people who have space to rent out with people who need a place to stay through its peer-to-peer platform, RVshare provides a way to rent out your RV when you’re not using it — creating an opportunity to earn thousands of dollars a year. Conversely, rentals available through RVshare provide a vacation alternative for people who want to hit the road but don’t necessarily want to own an RV themselves.

If you have a recreational vehicle that doesn’t get as much use as you planned, you are not alone. There are more than 15 million recreational vehicles in the United States, but most of them are used only two to four weeks a year, according to RVshare CEO Jon Gray.

“RVshare created a platform that connects owners wanting to rent out their RVs with travelers who are looking to book,” Gray says.

The ease and flexibility of booking through an online platform is driving an RV resurgence. RVshare recently announced a major milestone — its 1 millionth day of rentals. That translates into some serious cash for RVshare owners.

RV owners have registered more than 100,000 vehicles on the online portal for rental across the country — everything from pop-ups to luxury motor homes.

“The average RV owner can earn more than $10,000 per year in extra income renting their RV,” and some earn as much as $30,000, Gray says.

Growing a business

One successful RV owner registered on RVshare is Cornelius Garner, who now rents out not just one but two RVs on the platform. Garner says he and his wife bought an RV in 2008 for a trip from their Louisiana home to North Carolina. After their return, it just sat and sat.

“We thought that we would use it a lot more,” Garner says. So they rented it out through a consignment shop, which took half the rental fee and passed along credit card charges to Garner. “It was a good deal for them, a horrible deal for me,” Garner says.

After moving to San Antonio, Garner found RVshare. He swiftly booked his RV for an entire summer, mostly in Houston, and soon decided to buy a second RV just to rent out. He tested the waters by listing the second RV on RVshare before buying it. He says he got enough bookings to make payments for two years, so he bought it. He bases one in Houston; the other in San Antonio.

“They stay extremely busy; they’re out every weekend,” Garner says.

He and his wife are using the rental income to get her new franchise business off the ground.

Reasons to rent an RV

On the other side of the equation are people who want to use an RV for an awesome road trip, but aren’t prepared to take on the expense of buying the vehicle. The typical renter, Gray says, is a nuclear family, with parents age 35 to 45 looking to take their kids on vacation.

Mark and Jennifer Fadden of Colleyville, Texas, turned to RVshare for their maiden RV adventure. They rented a 25-foot motor home to drive up the scenic California coast with their two sons, Grant and Jack, during a recent Thanksgiving break.

Driving and RV park setup were easy, Mark Fadden says. While an RV is expensive to buy, he says, “if you just want to rent one for a trip, maybe a couple of times a year, or maybe just to try it out to see if you want to buy one, RVshare is a great way to do it.”

“It’s a beach house; it’s a ski lodge; it’s a perfect vacation home on wheels, and that’s what we wanted,” he says.

Gray, RVshare’s CEO, says travelers during summer months typically visit Western national parks.

“That’s the bread and butter of road trips,” he says.

In the fall, RVs are often rented for tailgating at football games.

While renters typically pick up their RVs, RVshare also can arrange to deliver a vehicle to the renter.

“For example, if you’re going to a music festival, and you want the RV just set up so when you get there, it’s like having a hotel room but right where you want to be. We offer that service as well,” Gray says.

For RV owners, RVshare’s platform provides access to income opportunities and security for transactions. Owners set their own rates and availability and decide who can rent their RVs. RVshare securely handles and deposits payments directly into owners’ bank accounts.

RVshare offers rental insurance for collision and comprehensive coverage. Motor home owners and renters also get liability coverage when activating the insurance option. Every RVshare booking also includes 24/7 roadside assistance.

Listing your rig on RVshare is free. You pay RVshare a commission when your rig is booked. RVshare calculates its commission as a percentage of the rental price and fees. Other charges such as overage and dumping fees may also affect what owners pay.

Family bonding business

Mark Chamberlain and his wife, Marcy, turned their first RVshare listing, begun in January 2017, into a side family business that now includes four travel trailers in the Columbus, Ohio, area.

Delivering RVs to renters is rewarding, especially when the destination is the nearby Yogi Bear’s Jellystone Park Camp-Resorts, where Marcy had often gone camping while growing up.

“It’s become a really great bonding time with the kids,” Mark Chamberlain says.

The Chamberlain kids accompany their dad delivering a camper and help set it up.

“Some of the renters just go, ‘Wow!'” he says. The kids also see places they want to come back to.

“That’s been a wonderful thing,” Chamberlain says.

Do you have an idle RV or want to try one out for a road trip? Share with us in comments below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
Eat This Food If You Want to Avoid Alzheimer’s Disease
Eat This Food If You Want to Avoid Alzheimer’s Disease

One type of food associated with the Mediterranean diet offers especially large benefits.

The 13 Worst Types of Tickets for Your Car Insurance Rate
The 13 Worst Types of Tickets for Your Car Insurance Rate

Some types of traffic violations can drive your car insurance rate dramatically higher.

19 Purchases That Buyers Almost Always Regret
19 Purchases That Buyers Almost Always Regret

Think twice before buying these things.

How Baby Boomers Are Earning an Extra $573 a Month
How Baby Boomers Are Earning an Extra $573 a Month

In the gig economy, baby boomers are out-hustling their younger competition. You can cash in, too.

9 Items Under $25 That Will Keep Your House Clean
9 Items Under $25 That Will Keep Your House Clean

We’ve rounded up some of the best products for cleaning your bathroom, kitchen and every other room.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

Whether you resell it for a big profit or add it to your own wardrobe, this type of clothing is a hidden steal.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

9 Things You’ll Never See at Costco Again
9 Things You’ll Never See at Costco Again

The warehouse store offers an enormous selection, but these products aren’t coming back.

Organize Your Home With These 10 Thrift Store Finds
Organize Your Home With These 10 Thrift Store Finds

Resolve to be clutter-free in 2021 with these secondhand purchases.

11 Laws You Could Be Breaking Without Knowing It
11 Laws You Could Be Breaking Without Knowing It

Seriously? Fibbing about the weather is a crime? This and other little-known legal traps await the unwary.

Is This Treatable Condition Causing Your High Blood Pressure?
Is This Treatable Condition Causing Your High Blood Pressure?

Researchers say too many doctors are overlooking this potential source of hypertension.

13 Things Seniors Can Get for Free — or Almost Free
13 Things Seniors Can Get for Free — or Almost Free

There are many ways to get cheap or free services and goods after reaching a certain age.

These Are the 3 Best Used Cars You Can Buy
These Are the 3 Best Used Cars You Can Buy

These vehicles boast reliability, safety and long-lasting value.

Taking a Multivitamin? Here’s Why You Should Reconsider
Taking a Multivitamin? Here’s Why You Should Reconsider

A new study has bad news for the millions of Americans who spend money on multivitamins.

This Surprise Factor Can Raise Your Risk of Dementia
This Surprise Factor Can Raise Your Risk of Dementia

Nearly half of U.S. residents may face this threat.

21 Items to Cut From Your Budget That You Won’t Even Miss
21 Items to Cut From Your Budget That You Won’t Even Miss

Start off the new year by implementing these small-but-smart savings strategies. They’ll soon add up.

This Is America’s New Favorite Grocery Store
This Is America’s New Favorite Grocery Store

Consumers say a familiar name has become their go-to source of grocery items.

Does Wearing 2 Masks Protect You Better From COVID-19?
Does Wearing 2 Masks Protect You Better From COVID-19?

A growing number of people are wearing two masks instead of just one. Should you join them?

Internet Providers Can’t Charge You for This Anymore
Internet Providers Can’t Charge You for This Anymore

Starting this month, your ISP no longer can bill you for this fee.

15 Painless Ways You Can Cut Costs in 2021
15 Painless Ways You Can Cut Costs in 2021

Follow these tips to save, so you’ll have money for things that really matter.

10 Cars You Are Most Likely to Keep for 15 Years
10 Cars You Are Most Likely to Keep for 15 Years

The cars that owners hold onto the longest have one thing in common, a new study shows.

Prepare to Pay More for These 31 Drugs in 2021
Prepare to Pay More for These 31 Drugs in 2021

More than 700 prescription medications have seen price hikes so far this year. Here’s a look at the worst.

The 10 Golden Rules of Becoming a Millionaire
The 10 Golden Rules of Becoming a Millionaire

I’m a millionaire several times over. I got here the same way you can — by following these simple steps.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.