I bought a RV with the goal to earn $1k a month on average profit. I went out and took out a loan on the RV, I put $0 down and even took a loan out for license and registration. I bought a 2017 Class C Thor Freedom Elite 32F.
RV Rental Earnings
I was totally worried because I posted them on RVshare and Outdoorsy and didn't get even a message from either platform for almost a month. Then one day the RV gates of heaven opened and rained on me bookings and I'm booked a month and a half out at this point.
It's been 3 months since ownership and earnings are as follows:
- June: Negative $600 - Ouch!
- July: $1,700 - $700 (expenses) = $1,200 PROFIT
- August Projected : $4,700 - $700 (expenses) = $4,000 PROFIT
Total profit since purchase: $4,400
Average monthly income: $1,467
- Insurance: $100 / mo.
- Payment: $500 / mo.
- Maintenance Fund: $100 / mo.
- Cleanings: $100 per rental ( I charge $100 to clean it so it's a wash )
If there are any experienced RV renters out there that have insights if I should be saving more then I'll gladly take your advice.
RV Rental St George Utah
Message me if you're interested in booking directly with me. You will get a huge discount over paying through RVshare and Outdoorsy. I have the same insurance rates they do. Only difference is they get cut out as the middle man and you pay less and I earn more.
Call / Text : 435-429-1332
"Win win win when we all win" - Michael Scott
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See part 2 in my passive income to $5k / month series.