Rent Your Motorhome
Making Money With Your Motorhome
Rentprivaterv provides a complete RV Rental Management
service. We
store your unit on our lot, do all the marketing, booking, collect the
funds, keep it maintained and detailed, outfitted, prepare it for
rental and deliver it to the customer...plus much more.
Do you own a motorhome that is not being used frequently?
Have you ever dreamed of owning your own RV but you just couldn't
justify the expense?
Do you find yourself paying too much income tax and wish you had more
deductions?
Would you like a substantial second income?
You want to cut the cost of owning a recreational vehicle
If you answered yes to any of these questions, we just might be able to
help you live your dream.
Rentprivaterv assists RV owners by renting their
RV’s on a
consignment basis. If you would like to take advantage of the booming
RV Rental industry, or your just looking for a unique investment
opportunity, check out our RENTAL MANAGEMENT PROGRAM.
Rentprivaterv is working with recreational vehicle owners to establish
a long-term relationship for our mutual benefits. When consigning your
motorhome or travel trailer with us you can receive the following
benefits:
Tax benefits
Cash flow from your recreational vehicle rentals
Consistent use to keep vehicle parts in proper working order
Use of your vehicle at times that are convenient for you
Tax Benefits
These are the reasons we have several owners that have
multiple
units in our program. Once the RV is enrolled in our program, you'll be
able to enjoy the following tax benefits:
Depreciation - Most of our owners use a 5 year depreciation schedule
for income tax purposes. You can take 52% during the first 2 years
alone.
Expenses - You'll be able to deduct insurance premiums, maintenance
costs, any upgrades you might want on your motor home, plus a 21 day
vacation each year. These now become business expenses.
Section 179 Deduction - Each year the government allows a capital
investment purchase that can use an accelerated depreciation schedule
for that investment. In 1999, that allowance is $19,000. (For more
information, see Publication 946 from the Internal Revenue Service IRS)
It would be advisable to visit your own accountant or tax advisor also.
Rentprivaterv makes the following guarantees:
We market your RV worldwide
We handle the rental process from A to Z
We screen every driver before every rental
We make sure all required maintenance is properly and timely performed
We make sure all taxes are paid from the rental activity
We make sure the vehicle is kept clean and properly maintained
We make sure you get timely payment of your lease-back earnings
Will provide listing of your motorhome on our website
If you’re interested in finding out more about our Rental
Management Programs, please check out these page:
What is Rental Management?
What about potential Tax Benefits?
How much money can I make?
How do I know my coach won't get torn up?
What about insurance?
What if I want to use my coach?
How do I know my coach will be properly maintained?
Are people allowed to smoke in my coach?
Who is allowed to drive my coach?
What happens if the coach breaks down on the road?
What if my unit doesn't rent?
How and when do I get paid?
What is Rental Management?
This program is designed to allow RV owners (or those who would to
purchase a new RV) derive substantial income from their motorhome or
travel trailer while retaining the use of it when they want to go
camping. This program is tightly managed and dedicated to maintaining
the owners RV in excellent condition. This program is perfect for the
RV owner that can't use their RV enough to justify owning it or those
that need additional tax deductions. Depending on the unit, owners can
make as much as $20,000.00 per year off the rental of their unit. In
addition to the income, there are many tax benefits to this program.
You supply the RV and we do all the rest. We have the renters and a
stringent screening process. We maintain the unit, collect the rental
fees and damage deposits and send the owner an itemized statement and
check once a month. If you're interested in learning more about this
program, contact us today. Back to top...
What about potential Tax Benefits?
Once the RV is enrolled in our program, you'll be able to
enjoy many
tax benefits. Check with your account about how you can benefit from
these tax benefits:
1.) Depreciation - Most of our owners use a 5 year depreciation
schedule for income tax purposes. Many can take 52% during the first 2
years alone.
2.) Expenses - You'll bable to deduct insurance premiums, maintenance costs and any upgrades you might want on your motorhome. These now become business expenses.
3.) In some states you may be reimbursed for any Sales and Use
tax you paid when you bought it.
Back to top...
How much money can I make?
The amount of income you derive from consigning your RV depends on many
factors. Depending on the unit, owners can make as much as $20,000.00
per year off the rental of their unit. In addition to the income, there
are many tax benefits to this program. We make no guarantee as to how
much money our owners will earn. Back to top...
How do I know my coach won't get torn up?
Hands down, this is the single biggest concern of RV owners. The long
and the short of it is that the renter is on the hook for almost
everything. The only exceptions are the normal wear items. Each renter
is screened extensively. When we fill out the Customer Information
screen on our computer, we get answers to over 30 questions and record
them, such as home and work address, home and work phone numbers,
social security number, driver's license number, auto insurance
company, agent and policy number plus many more. When we take the
reservation, we complete a background checks for their credit and
driving record.
Each renter is given an extensive walk-through on the coach and must sign the Operating Instructions Sheet. In addition, we take several digital pictures of each unit just before it goes out. This keeps them from coming back later and saying the reason something broke or got damaged was because we didn't tell them how to operate it. In addition, each renter is required to read and sign the Terms and Conditions. These terms and conditions were written to protect the coach, the owner of the coach and Rentprivaterv . They clearly spell out what the renter is responsible for and the penalties involved if they don't adhere to them.
Every coach is clean, full of gas and water and thoroughly inspected before it leaves. The customer signs that it's in good condition and that they agree to return it full of fuel and clean. If they don't, we clean it and or gas it and charge the renter. On the Vehicle Out form, it clearly states that we have 10 days to inspect the unit before refunding the renters damage deposit. This gives us enough time to check the unit carefully for anything that might be hidden.
None of these things are of any use if we can't collect from
the
renter if damage occurs. To make certain we will be able to collect,
each renter must pay for the rental in advance plus leave us a Damage
Deposit. The renter must sign to authorize us to charge any balance due
on their credit card. With this credit card authorization, the customer
can't successfully dispute our charges to their credit card company.
Back to top...
What about insurance?
When you enroll your coach in our program, we must add it to our master
insurance policy. You can drop your current insurance because our
policy covers you, your coach, the renter and us. We keep a copy of the
master policy on hand at all times and welcome our coach owners to go
over it or speak with our insurance company to answer any questions
they might have. As a rule, our coverage is considerably better than an
individual policy. The renter is responsible for the deductible. The
cost of the insurance depends on the value of the coach and whether
it's a motor home or a travel trailer. The rates are slightly higher
than an individual policy but the broader coverage is essential. Your
individual policy won't cover you or the coach if the unit is for hire.
The insurance premiums are deducted from your rental income each month
and it's clearly spelled out on the Owners Statement. Back to top...
What if I want to use my coach?
It's very simple. When you know you want to use the coach, call us and
we'll reserve it for you just as though you were any other renter. When
you pick it up, it will be full of fuel, water and propane. We'll light
the refrigerator and water heater for you and check all the appliances,
generator, etc. All we ask is that you return it full of fuel, propane
and cleaned so that it's ready to go out on the next rental. If we have
a reservation on your coach for the period you want to use it, we'll
either switch them to another unit, offer you one of our other coaches
(at a huge discount) or cancel the reservation. The choice will be
yours and you always have the final authority. Back to top...
How do I know my coach will be properly maintained?
In most cases, our maintenance procedures are far more strict than the
average owner's. When a motor home goes into the program, we fill out a
vehicle information screen in our computer. One of the questions it
asks is how often we want to perform maintenance on this vehicle. We
also are required to enter the mileage when we receive the coach and
the computer keeps track of how many miles are put on it. Each time a
renter picks up the unit, we record the actual mileage and the
generator hours. When they return, we again record the mileage and
generator hours. When the unit has 3,000 miles on it since the last
service, the computer automatically prompts us to let us know it's time
to service this unit. When so prompted, we will change the oil
&
filter, check the transmission fluid, radiator coolant, brake fluid,
batteries and tires for proper wear. Back to top...
Are people allowed to smoke in my coach?
No! We don't allow smoking in any of our rental units. There is far too
much risk that the upholstery or carpet could be damaged and many
people are sensitive to the smell of smoke. Every renter must sign a
sheet that clearly states that there is no smoking allowed in the
coach. If they choose to ignore this rule, they will forfeit their
entire security damage deposit so the coach can be fumigated and
professionally cleaned to remove the after-effects from the smoke. This
charge is purposely high to deter even the most stubborn renter. Back
to top...
Who is allowed to drive my coach?
Only the renter and those persons designated at the time the
reservation is taken. Each designated driver will be required to give
us their full name, address, drivers license and expiration date. We
will then request a DMV report on those drivers prior to departure. The
renter understands that they're the responsible party and will be
charged for any damage or repairs due to negligence. Back to top...
What happens if the coach breaks down on the road?
Every renter is told that they can repair anything that breaks and
bring us the receipt for reimbursement for anything up to $50.00. If
the repair is for more than $50.00, they MUST call us for approval and
instructions. Our Terms and Conditions clearly spell out the procedures
that must be followed and our limits of liability. Our liability is
limited to the reimbursement for any full rental days lost due to the
breakdown and does not include any other expenses the renter might
incur. Our contract specifically states that such things as the
refrigerator, generator, air conditioner, etc. do not constitute a
breakdown and no reimbursement will be forthcoming. Also, we've
contracted with a national road service company called Coach Net. They
are a 24 hour/7 day per week road service and charge according to the
distance to the unit. Back to top...
Once the unit has been repaired and returned to us, we will make the determination as to whether the breakdown was due to mechanical failure or negligence on the part of the renter. If we determine it was due to negligence or misuse, we will charge the renter for the repair. If the unit is still covered by a warranty, we will either send the renter to an authorized warranty station or file the claim ourselves upon their return. If it's simply a mechanical failure of a part not covered by a warranty, the owner will be charged for the repair as a part of normal maintenance. If a unit requires repair in excess of $100.00, the owner is notified before the repair is made unless it's an emergency or the owner can't be reached. Back to top...
What if my unit doesn't rent?
How often your unit rents depends largely on what it is. Smaller travel
trailers rent well for weekends and vacations. Motor homes and tent
campers are by far the fastest rentals. Luckily in California, demand
is far greater than our supply. We expect averages between 12 and 21
days of rental per month (depending on season). While we can't
guarantee the number of rentals your unit will have, we are located in
an excellent market where rentals occur 365 days per year. At some
point we will cap the number of units in our fleet. We are committed to
our coach owners and will not allow our supply to dilute the owners
income. Back to top...
How and when do I get paid?
Owners statements and checks are mailed on about the 15th of every
month. Each owner is paid for all rentals that are returned and closed
out during the previous month. The computer generated owners statement
consists of pages indicating the charges or credits for that month, the
renters names, dates, miles driven, generated hours and of course the
total amount due to the owner. Back to top...
Rentprivaterv would love to help you make money by renting your Motorhome or Towable RV. To inquire about one of our programs, please completely fill out the below form, and we will contact you promptly.
Rentprivaterv.com where every season there is an ocasion to rent an RV. Let us know how we can help to make your trip special.
Dan, Kara and Jonathan
The Rentprivaterv.com Team
Rent @ rentprivaterv.com or 626-384-6505