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Compare to Other Sites to Rent Stuff
Neighbor
Rent garage, driveway, parking lot, basement, bedroom, shed or carport
No listing fees + guaranteed payment monthly even if a renter doesn’t pay
Free coverage for everyone— $1,000,000 for host and $25,000 for renters
FriendWithA
Earn money by renting out your gear with relatively low rental fees – 10%
Average monthly pay – $95 for bike, $145 for camera, $150 for guitar
Personal liability guarantee up to $100,000 and $125,000 property coverage
How RVshare Works?
RVshare is a peer-to-peer marketplace for RV sharing. The website connects RV owners who want to rent out their RVs with interested renters. RV owners can benefit by earning a passive income while they are not using their RVs, whereas renters can benefit by not having to buy an RV when they only want to use it for a short time.
RVshare acts as a middleman in this transaction, collecting a fee each time an RV owner rents their RV on the platform. If you own an RV and want to earn some passive income, you can consider renting it out on RVshare.
How Do You Make Money Renting a Trailer on RVshare?
RVshare is a leading peer-to-peer sharing marketplace for RVs. If you own an RV or a trailer, you can rent it out on RVshare to earn passive income. Here are some steps that you can follow to start renting out your RV:
Step 1: Take Pictures of Your RV
Before you can start renting out your trailer on RVshare, you will need to take some pictures of the RV. These pictures will enable potential renters to have a better idea of the features and characteristics of your RV. You need to take flattering photos, as many renters make decisions based on the looks of your RV.
When taking photos of your RV, ensure that you capture both the exterior and the interior of your RV in the best way possible. If there are any unique features in your RV, you can also dedicate a photo to them to highlight them to potential renters.
Step 2: Create a Listing for Your RV
Once you have enough photos of your RV, you can create a listing for it. Apart from uploading basic information about your location, you can also upload any photos at this stage.
In addition, some of the other information that you can consider including in your listing include:
- A detailed list of the different features that your RV has
- Any rules and regulations that you might have for potential renters (such as a no-smoking rule)
- An asking price for rentals
- Whether you have any minimum age requirements or other requirements for potential renters
Step 3: Negotiate with Renters
Once you create your listing, the next step is to wait for interested renters to contact you. As an owner, you have complete control over who rents your RV or trailer. You can thus negotiate a rental agreement with potential renters based on favorable terms.
If you can agree on the terms of your rental, you can then rent out your RV to the other party.
Step 4: Collect Payment and Repeat
Once you hand over the RV to the renter, you will then be able to collect payment from the renter. It is worth noting that RVshare will collect payment from the renter before releasing it to you after you hand over the RV. Thus, you can be sure that you will get paid when you rent out your RV on the platform.
At the end of the rental period, you can collect the RV back from the renter. You can then repeat this process, turning your RV rentals into a source of passive income.
What Kinds of Trailers Can You Rent Out on RVshare?
RVshare allows you to list a variety of different trailers for rental.
Some of the defined categories of trailers that you can rent our include:
- Travel Trailer
- Class A motor home
- Class C motor home
- Fifth wheel
- Class B camping van
- Pop-up camper
- Toy hauler
How Much You Can Earn from Renting Out Your Trailer?
How much you can earn from renting out your trailer on RVshare will depend on various factors.
Some of the things that may affect the amount of rental income you collect include:
- Condition and features of your trailer
- Size and model of your trailer
- Age of your trailer
- Type of trailer
- Location
- Market demand
For example, you can earn up to $38,000 per year in rental income by renting out a Class C motor home. In contrast, when you rent out a pop-up camper, you may only earn up to $22,000 per year in rental income.
Tips to Get More Money from Renting Out Your Trailer
Here are some tips that can help you make more money when you rent out your trailer:
- Conduct regular maintenance of your trailer to ensure that all features are working well
- Clean the trailer after each rental to keep it in good condition
- Develop a strong reputation as a reliable renter on RVshare to get more rentals
How Will RVshare Pay You?
As mentioned earlier, you will not need to collect money directly from your renter. Instead, once you agree with a renter, RVshare will collect the payment from the renter. RVshare will only release the funds to you after the rental period begins.
Typically, rental payments are released on the first business day after the start of the reservation. The payment will be transferred directly to the bank account that you connect to your Stripe Connect account. It typically takes no more than five days for the funds to reach your bank account.
However, it may take up to 14 days to establish your Stripe Connect account for the first time, so you can expect a delay in receiving your first rental payment.
Are There Any Fees to Use RVshare?
RVshare has a straightforward and transparent fee system for owners renting their RV. The company charges a flat 25% fee on any payments you collect from a renter for profit.
This means that if you charge a rental fee of $1000, the company will receive $250, and you will receive $750. For other fees you charge, the company will only take a 25% cut if you charged it for profit.
For example, if you charge a cleaning fee of $100 and submit an invoice from a cleaning company for $100, the cleaning fee will not be considered for profit. Hence, you will not need to pay a 25% fee to RVshare. On the other hand, if you do not submit an invoice, it will be considered for-profit and subject to the 25% fee.
Is RVshare Legitimate?
RVshare is a legitimate company that has been accredited by the Better Business Bureau. It also has an A+ rating, which is the highest rating that a company can get. Furthermore, the company has also received mostly positive ratings from over 13,000 reviewers on Trustpilot.
Many positive reviews praised the company for providing tools and excellent customer service that helped to make the rental experience smooth and enjoyable. Many owners and renters alike were also satisfied that the website interface was easy to navigate and the rental process was smooth.
There have been relatively few complaints about RVshare, with most of the negative reviews mainly coming from owners who experienced difficulty with damage claims from the insurance provider.
RVshare Features
Large Marketplace
RVshare has one of the largest marketplaces for renters, with millions of individuals renting an RV on the website each year. When you list your trailer for rent on the website, you gain access to a massive audience and increase your chances of renting out your RV.
Personalized Rental Coaching
If you are new to renting out RVs and trailers, the company will also provide you with personalized rental coaching. The company’s experts will guide you through the process of creating your rental listing and negotiating your first rental.
Premium Support
RVshare also provides premium support for owners who rent out their RVs on the platform. Thus, if you ever encounter any issues while renting your RV, you can contact the company’s 24/7 Roadside Assistance or customer service team for help.
Account Verification
RVshare also conducts fraud checks on all potential renters who create an account on the platform. By doing so, they ensure that all potential renters are legitimate and help to reduce the risk that you get scammed as an RV owner renting out your RV.
RVshare Pros & Cons
RVshare Pros
- Earn up to $38,000 per year or more in passive income by renting out a motor home
- Payments are released promptly on the next business day after a reservation begins
- RVshare will collect rental payments directly from renters, so you do not need to worry about not getting paid
- You can get access to a marketplace of millions of potential renters
RVshare Cons
- Relatively high 25% fee on all the payments you collect from your renters
- Your first payment may be delayed by up to 14 days or more
RVshare Review Verdict: Is RVshare Reliable?
RVshare is a legitimate website that you can use to rent out your RV or trailer in exchange for a passive income. The listing process is straightforward, and there are no fees charged until you successfully get your first rental. Depending on the model of your RV, you could potentially earn up to $38,000 or more per year.
RVshare has a transparent fee structure with no hidden fees. The platform charges a 25% fee on all payments you collect from your renter for profit. While this may seem relatively high, RVshare is still a worthwhile platform to consider because of the support and convenience it provides owners.
Moreover, if you are new to RV rentals, the company will also provide free, personalized coaching to guide you through the process of getting your first rental.
How to Sign Up With RVshare?
Signing up with RVshare is a relatively straightforward process. Simply visit the RVshare website and click on the Sign-Up button. To create an account as an owner, you will need to provide some basic information including your name, email address, and the type of RV that you own.
After signing up for an account, you will then be brought to a page to create a listing for your RV.
Sites Like RVshare
| Comparison | RVshare | Outdoorsy | RVnGO | RVezy |
|---|---|---|---|---|
| Earning Potential | Up to $38,000 per year | Up to $32,000 per year | Up to $200 or more per night | Up to $500 per week or more |
| Service Fees | 25% | 20% | Free | 0.2 |
| Best For | Mass market RV rentals | Fast payments | Low service fees | Short-term rentals |
RVshare vs. Outdoorsy
Outdoorsy Summary
- Free to list your RV
- Provides passive income opportunity
- Zero idle time for your RV
- Quick payout processing
Outdoorsy is one of the best alternative sites to RVshare that you can also consider if you are looking for a website to rent out your trailer. Both platforms offer similar services, although the service fees on Outdoorsy are slightly lower at just 20%.
Moreover, Outdoorsy is also known for its fast payments. Generally, you can expect to get paid via a bank transfer within just 24 hours of the start of your reservation. Thus, if you are looking for a peer-to-peer RV rental marketplace that also offers fast payments, you can consider using Outdoorsy.
RVshare vs. RVnGO
RVnGO is a reliable peer-to-peer RV rental platform that connects owners who want to rent out their RVs with people interested in renting an RV for short-term use. One of the most unique features of RVnGO is that there are no service fees, and you can list and rent out your RV on the platform for free.
However, the lack of a service fee also means that there are limited value-added services. For example, the customer service that RVnGO offers may not be comparable to the service that RVshare offers. Nonetheless, if you want to avoid paying service fees altogether, RVnGO is a website you can consider.
RVshare vs. RVezy
RVezy is a legitimate alternative to RVshare, with both websites featuring mostly similar functions and capabilities. When you rent out your RV on RVezy, you can expect to earn up to $500 per week. Thus, the earning potential on both platforms is generally comparable.
Compared to RVshare, however, RVezy has a slightly lower service fee of just 20%. You can also list your RV for rent on both platforms to access more potential renters.
RVshare FAQ
What is RVshare?
RVshare is a company that operates a peer-to-peer marketplace where RV owners can connect with interested renters. The company was founded in 2012 to connect RV renters and RV owners. Currently, over 60,000 RV owners use the platform to rent out their trailers and RVs.
How Do RV shares make money?
RV shares make money by charging renters a fee to use the RV. This is possible because the operational costs for most RVs are generally low, with costs being limited to cleaning, maintenance, electricity, and fuel in some cases. Thus, once you pay off the upfront cost of the RV, any more rental income you collect is profit.
Furthermore, many people are willing to rent RVs because they only intend to use them for short-term rentals. Thus, they would rather rent than buy an RV, enabling renters to earn money.
How popular is RVshare?
RVshare is a popular site. There are over 60,000 RV owners actively renting out their RVs on the website. Each year, millions of people rent RVs on the website.
Can you negotiate on RVshare?
You can negotiate on RVshare. As an RV owner, you have complete control over the rental of your RV. Thus, if you are dissatisfied with the terms that a renter proposes, you can reject them.
Is RVshare profitable?
Renting out an RV on RVshare can be profitable as long as you have the proper knowledge of how to operate your RV rental side business. The experts from RVshare can guide you with their free personalized coaching services.
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