Starting Your Own RV Business

Own an RV or a Fleet of RV's? Reduce your motor home expenses and at the same time make money. Renting your RV is a revenue generating business that can bring great rewards. Owning an rv rental business is an easy routine. You continue to house your motor home at your location. Renters come to you - you go over the motor home operations with them at check out time. You receive a deposit from the renter when the reservation is made, then receive the final payment when the motor home is picked up. This also includes a separate security deposit.

When starting any business there are decisions. Below are some suggestions for getting started.

• Talk with an accountant about the best way to handle RV rental income and any tax consequences related to the rental income.

• Talk with an attorney about liability protection and the rental laws in your area.

• Review the terms of your RV loan agreement, your current RV insurance policy, and warranties. Confirm any impact of renting your RV. Resolve how you will handle insurance. See Insurance below.

• Create a business plan. There are many local resources that can help you set up your RV rental business, including the Small Business Administration

• Acquire business forms and/or software to run your rental business.

• Advertise with RVAnytime.com, yellow pages, or local newspapers.