In times of financial stress, many people turn to a side hustle as a means of earning additional income. The main downside of this is time. Most people just don’t have the time to set up and maintain a side hustle that brings in revenue.
That’s why passive income is so convenient.
Passive income is a type of income you get by leveraging out your time. For instance, if you have a property you are not using, you can list it on Air BnB to bring in money while putting very little work in.
Ebay is also a good way to make passive income. If you have something in your home that you are ready to part with that may be worth money, list it to earn income while you are off doing other things.
Another way to make passive income is through Outdoorsy.com. Outdoorsy is a web site that connects people that own RVs with travelers in need. So, if you own an RV, you may be able to start making money by simply renting it to people looking to have a DIY travel experience.
This article will give you the ins and outs of working with Outdoorsy so you can explore this avenue and make money with your RV.
How it Works
If you have a motorhome or camper van you would like to list on Outdoorsy, the first step is setting up an account. This is an easy process. You can use Facebook, Google or your email to set up an account quickly and easily.
Next you will need to post pictures of your RV. This can be the most difficult part of the journey, especially if your RV is a mess!
Remember, you want your RV to look as attractive as possible so do what you can to show it in it’s most flattering light.
Take plenty of pictures of the exterior and interior so people will have a good idea of what to expect.
Follow up with a description that gives as much information as possible. It’s important to be transparent in this step. If there is any damage, let people know up front. This will help you maintain a reputation as an excellent provider.
Once your listing is published, you will have access to a dashboard that allows you to see messages, manage your listings and handle your bookings.
When someone agrees to rent your RV, you will have to meet them to hand them the keys. While you’re at it, you may want to give them some traveling tips to further improve your rating.
The cash will appear in your bank account 24 hours after the rental is returned.
At this point, the wheels in your head might be turning and you may start thinking, hey, I can probably rent my RV without the help of a web site. Well here are some benefits Outdoorsy offers that may make them a more attractive option.
- Roadside Assistance: Outdoorsy provides roadside assistance to all renters. This makes them feel more confident about renting and it saves you some headache if your clients break down.
- Driver Safety: They verify driving and personal records to make sure you are not handing over the keys to a lunatic!
- Insurance Protection: They offer $1 million insurance protection to cover the renter, owner and vehicle.
- 24/7 Support: They offer round the clock support to both renters and providers
- High Booking Rate and Great Customer Reviews: Over the years, Outdoorsy has become a go to for people looking to rent an RV. Listing on this site will help you bring in additional income faster than if you list it yourself. And with a 93% five-star rating, you know they are a company you can trust.
In addition, Outdoorsy is a great option for renters. The rental process is easy and vacationers can enjoy a fun, low cost vacation adventure.
How Much Can I Make on Outdoorsy?
Now let’s get down to the question on everyone’s mind, how much money can I make listing my RV on Outdoorsy?
The amount you make will vary depending on your location, the type of RV you have and the condition it’s in. If you are in a tourist centric area, you may be able to rent out your RV quite often while those in more remote parts may not be so lucky.
When considering the type of RV you have, here are some listing prices that will give you an idea of what to expect.
- A 2013 Forest River Cherokee was listed at $80 a night
- A Coachmen Cataline Santara was listed at $127 a night
- A 2016 Forest River Cherokee that sleeps 10 was listed for $101 per night
- A massive 1993 Prevost 45xl was listed for $300 a night
So, you see, prices can vary greatly.
Outdoorsy charges no upfront fees but they do take 20% to 25% of the reservation price as well as any add on fees. If there is a security deposit claim, a 2.95% processing fee is subtracted from the total claim amount.
Other Things to Note
Cleaning Policy: Although renting your RV through Outdoorsy is a relatively low maintenance way to bring in extra income, you will have to clean it thoroughly before and between uses. The web site has a web page devoted to this with updated COVID compliance standards.
Cancellations: Like any traveling site, Outdoorsy allows travelers to cancel their reservations. Owners can choose from three different cancellation policies, strict, moderate and flexible. Each varies in how much time is allowed for cancellations and how much of a refund can be given. Keep in mind that the stricter you make your cancellation policy the less likely it may be that your RV gets rented.
Tow Vehicles: If you have a tow vehicle for rent, you can offer it with your rental. If you are interested in this option, it’s recommended that you add it as an add on service that renters can select if they choose to. The one requirement is that the tow vehicle meets Outdoorsy’s insurance standards.
Now that you know more about Outdoorsy, will you be using your RV to bring in extra income?