Our RV
Owner Program/RV Leaseback Management Program
is designed to allow new RV purchasers and existing
RV owners to derive substantial income from their
RV while retaining the use of it anytime they
desire. We perform rigourous RV maitenance to
assure your RV stays in top condition. If you
are looking for a program that allows you to use
your RV anytime you want but have it rented enough
to make the payments for you, then our program
is the perfect fit. Depending on the RV, owners
can make $20,000.00-$30,000.00 per year from the
rental of their RV. In addition to rental income,
you can also count on additional tax benefits
that provide savings to your bottom line when
filing your tax return.
You supply the RV and we do all the rest. With
one of the most stringent screening process in
the industry, we will will keep your RV renting
and make your payments for you. We maintain the
unit, collect the rental fees and damage deposits
and send the owner an itemized statement and a
detailed commission statement on the 10th of each
month. If you're interested in learning more about
our Owner Program, please call us or email us
today. We will be delighted to discuss our marketing
efforts and the benefits of the program with you.
Tax Benefits
One of the primary reasons RV Owners like the
program is due to the tax benefits such as Depreciation,
Deductable Expenses an the Section 179 Deduction.
The standard is to use a 5 year depreciation schedule
for income tax purposes that allows you to take
a 52% during the first 2 years alone. In addition
to depreciation, you can deduct insurance premiums,
costs of maitenance and any upgrades you implemented
on your RV. Many owners also deduce the costs
of their annual 7 day vacation each year as a
business expense. Lastly, Section 179 is a standard
Deduction that is allowed by the IRS. This deduction
allows you to take an accelerated depreciation
deduction for your captial expense. We suggest
that you consult with your advisor regarding IRS
Publication 946 from the Internal Revenue Service
IRS.
Direct Purchase Arrangement
We also have arrangements with specific RV Manufactuers
such as Coachmen Industries anmd Forest Rivers
that sell name brand Motorhomes, Travel Trailers,
Fifth Wheels, Toy Haulers and Pop-Up Camper Trailers.
This special program allows Owner Candidates to
buy a New Unit for substantially less than can
be purchased directly from any retail RV Dealer.
The arrangement that we negotiated offers a specific
discount when purchased direct as long as the
unit will be placed into our rental fleet for
a minimum of 6 months to 1-year. This is a WIN-WIN-WIN
arrangement as the owner gets to purchase their
unit at a much cheaper cost than can be negotiated
directly. It is a common mis-conception that RV
units placed into a rental fleet get "torn-up
or "trashed". However, quite the contrary, our
extensive check-in/check-out procedures assure
that the unit stays in the exact shape as the
day you checked in into the rental inventory.
Call us or come by to discuss how our Owner Program
can allow you to own the unit of your dreams while
proving you additional Cash Flow on a monthly
basis.
RV Owner/Lease Back Program Frequently
Asked Questions
If I allow you to rent my RV,
how can I be sure my RV will not get torn up?
Does RV Insurance cover my
RV?
How do I know my coach will
be properly maintained?
Are people allowed to smoke
in my RV?
How are RV Renters Screened?
What happens if my RV breaks
down on the road?
How Often will my RV Rent?
Will my RV be secure when not
rented?
When are commission statements
issued?
If I allow you to rent my
RV for me, How can I assure my RV will not get
torn up?
This is one of the most common concerns. Nevertheless,
RV Owners should rest assured that the the RV
renter is responsible for almost everything once
they sign a contract and depart depart from our
property with your RV. The only exceptions are
the normal wear and tear items. We do not just
let anyone rent your RV. Each renter undergoes
an excessive screening process that consists of
DMV check, verification of their physical addresses
and phone number. We also verify auto insurance
from the renter since their insurance is always
primary.
Prior to departure, each renter is given an extensive
walk-through on the RV and they must acknowledge
the detailed Check-Out sheet. The prupose of acknowledgement
at departure is to assure customers do not try
to return the unit providing feedback that they
were not propery education on how to use items
on the RV. We also take a Video recoding of each
unit prior to departure to assure we capture current
state of the vehicle before it leaves our property.
In addition to the detailed Check-Out sheet, each
renter is required to read and sign a Rental Contract
with detailed Rental Policies. These terms and
conditions were written to protect the RV, the
owner of the coach and the Rental Agency providing
the rental. Upon reading and signing, the renter
is made aware of their responsibilities and the
impact or penalties involved if they don't follow
policies.
Upon departure, every RV is clean, topped off
with fuel and water and thoroughly inspected at
least 24 hours before it leaves our physical property.
As stated above, we take a vidoe of every RV just
before it goes out so there is no question of
it's condition. We try to capture the customer
in the video so their is no question or accusations
that the video is taken on a different date. The
customer is required to acknowledge that they
are taking an RV that is in acceptable condition
and they will return the RV in the same condition
as when picked with the same fuel level and clean.
Failure to return the unit clean and topped off
with fuel will result in charges to the customer
such that we can restore the unit to the same
state as opon departure. The rental contract indicates
that we have up to 14 business days to check out
the unit to determine any damage prior to having
to return the renters security deposit. Having
this amount of time usually allows sufficient
time to provide a thorough inspection and determine
any issues that may have occured during the rental.
We cannot charge for damage unless we have sucured
sufficient sucurity deposit prior to departure.
To make certain we will be able to collect if
damage occurs, we requried advanced security deposit
of $300 for Travel Trailers, $1000.00 for Standard
Motorhomes and $1,500.00 for Elite or Luxury Motorhomes.
We require the renter to acknowledge that they
are 100% fully responsible for the unit and all
appicable charges due upon return. We also have
an additional addemdum that provide authorization
to charge the customer credit card for any excessive
damage that the security deposit does not cover.
This additional authorization provides the peace
of mind to the owner and rental company that customers
cannot dispute our charges to their credit card
company.
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Does Insurance Cover my RV?
We require the renter to provide sufficient insurance
converage for the RV they are renting. We can
also sell a commercial insurannce policy as well
as an additional liability policy that covers
up to $1M for additional peace of mind. We also
have secondary commercial renters insurance through
MBA that covers your RV in case the renters insurance
does not cover for any reason.
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Can I use my RV whenever I want?
Sure. However, it should be noted the more you
use your RV, the less rental revenue you will
generate with it. Of course if you are like most
RVers, the reason you bought the RV is to use
it. The reaon you are rentingt it is to help make
the payments. All you need to do when you desire
to use your RV is let us know in advance and we
will block out the dates of your desired usage
period. Just like with any renter, we will assure
that your RV is full of fuel, water and propane.
Well start the refrigerator and water heater for
you and provide a thorough check on all appliances
as well as the generator. Please be advised that
we require you to return the unit in the same
physical condition as upon departure and it must
be topped off with fuel and propane. The unit
must be cleaned with holding tanks must be dumped
so that it's ready to go out on the next rental.
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How can I assure my RV will be properly
maintained?
While we provide a rigourouse maintenance program,
we will not perform any maitenance on your unit
without your approval. In most cases, our maintenance
procedures are far more strict than the average
owner. Upon entering your unit into our program,
we begin tracking maitenance and asure that mileage
is properly recorded such that it can be properly
tracked.
Every time a customer returns a unit, we walk
the unit with them and complete the detailed check-in
procedure. Motorhomes are flagged for maintenance
evey 3000 miles and the normal process includes
changing the oil & filter, checking the transmission
fluid, radiator coolant, brake fluid, batteries
and tires for proper wear.
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Are people allowed to smoke
in my RV?
Skoking is Not Allowed in RV's. We make it quite
clear that customers can lose their entire security
deposit if they fail to follow this rule. There
is far too much risk that the upholstery or carpet
could be damaged and many people are sensitive
to the smell of smoke. Customers acknowledge this
rule upon departure and sign a form indicating
that they can be charged anywhere from $250.00-$1000
to perform required fumigation and professional
clenaing to remove the after-effects from the
smoke activity. This charge is purposely high
to deter even the most stubborn renter.
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How are Renters Screened?
We provide detailed DMV checks on RV Renters to
assure they have a clean driving record. We require
this process for each driver that will be driving
the RV. The renter understands that they're the
responsible party and will be charged for any
damage or repairs due to negligence.
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What happens if my RV 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 $75.00. If the repair is for
more than $75.00, they MUST call us for approval
and instructions. We have 24x7 call center to
take calls and we make the customers aware of
this process prior to departure. Our contract
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.
Upon return and proper inspection, 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 is charged for the repair
as a part of normal maintenance.
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How often will my RV rent?
Th frequency of rentals depends on the RV. Currently,
RV rental demand is far greater than the supply.
Motorhomes, Travel Trailers and Pop-Ups average
3 weeks of rental per month during the summer
months and approximately 2 rentals the rest of
the year. While we can't guarantee the number
of rentals your unit will have, we have consistant
rentals and will be glad to show you more details
about our rental demand and how we market to prospective
customers to keep your RV renting year around.
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Will my RV be secure when
not rented?
Our property is full lit, fenced and totally secure.
over the last 5 years, we have never experienced
any issues related to RV theft on our property
for owner units. We also have an onsite property
manager for the adjacent storage property that
offers an additional
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When are Commissison Statements
Issued?
We issue commission statements by the 10th of
each month. Each owner is paid for all rentals
that returned and closed out during the previous
month prior to the end of the month. The standard
commission statement includes total rentals for
the month as well as any charges or credits for
are required on behalf of the owner such as Insurance,
maitenance. Owners nornally see check in the mail
by no later than the 12th of the month depending
on if the 10th falls on the weekend of not.
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Call us to discuss the program in more detail. |