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Old 02-17-2012, 10:50 PM   #15
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In regards to tax advantages..... the OP is in Canada, so our tax advice is probably not applicable to him (actually, I know it's not - I grew up in London, Ontario... and although I moved south over 20 years ago I am reminded by all my Canadian friends how the tax law still suck up there).

Not even sure if an LLC can even exist up up there. Certainly, as a self-employed person, I have looked at the tax laws in Canada and I *shudder* at the thought of trying to do business there.....

But, back on topic.... no.... I wouldn't rent my rig to anyone!!!!

t
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Old 02-17-2012, 11:19 PM   #16
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Quote:
Originally Posted by twowheeltrev View Post

But, back on topic.... no.... I wouldn't rent my rig to anyone!!!!

Actually, that is the opposite of being on topic.
The OP asked where to get a rental agreement form, and specifically asked not to get all the "why I shouldn't rent" posts.
And out of 14 replies, only 2 gave him information that he asked for, the rest were what he asked NOT to get or off topic comments.
I guess this post makes it 13 out of 15.

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Old 02-17-2012, 11:45 PM   #17
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I guess at least 12 out of 15 of us care about our friends here on irv2 and want to point out possible pitfalls. None of us would let a known safety issue go unmentioned -- to me this is similar. My apologies if anyone is offended. The intent is to educate and protect, not judge.
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Old 02-18-2012, 05:37 AM   #18
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For some folks, getting a consensus of one, is sufficent to make anything OK?

As already noted, I would t get an attorney to set up a good contract, based on the laws in your state. As for tax issues, get an accountant to review your personal tax situation. Also talk to your insurance agent about coverage of renter.

I certainly would not trust something as expensive as an RV to a free contract that I coppied from the INTERNET?

There are a lot of important issues to cover and all we are doing istooffer advice based on our expewriences.

Bottom line is that I would never rent out my RV? There are too many idiots out there that wouldw not care for it as I do.

Ken
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Old 02-18-2012, 06:21 AM   #19
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Quote:
Originally Posted by Sequim Guy View Post
Actually, that is the opposite of being on topic.
The OP asked where to get a rental agreement form, and specifically asked not to get all the "why I shouldn't rent" posts.
And out of 14 replies, only 2 gave him information that he asked for, the rest were what he asked NOT to get or off topic comments.
I guess this post makes it 13 out of 15.

.
Excuse us for not trying to possible point out the pitfalls.
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Old 02-18-2012, 06:30 AM   #20
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Quote:
Originally Posted by Acm210 View Post
I rent mine out, but only for the weekend overnight lot at our local university's football games. Nobody drives it. I take it, filled with gas and water, and they tailgate for the weekend. The money allows us to afford the RV. However..... When you rent for someone to drive, commercial insurance is the starting point. There are so many nuances that I don't even know how to explain it to a first time user renter. If something goes wrong when they have it, it's areal pain in the a$$.
Interesting. do you mind if I ask how much you rent it for a weekend? Just wondering
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Old 02-18-2012, 08:29 AM   #21
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thanks PHESPE for the info.the reason im asking there is a couple in there mid 50 with 2 teenagers flying in this summer for a family get together for a week and want to rent my motorhome.the price is $1500(for 7 days) +$200(hold) + fuel paid up front but was going to have some kind of contract.
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Old 02-18-2012, 09:18 AM   #22
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I also think I would have an attorney draw up a contract.

Here in the US, different states have different rules and contracts like insurance have to be separately written.

Just make sure your insurance will cover someone else to drive it, and remember, insurance follows the vehicle....so his insurance will not provide coverage to YOUR vehicle.
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Old 02-18-2012, 09:30 AM   #23
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Quote:
Originally Posted by Sequim Guy View Post
Actually, that is the opposite of being on topic.
The OP asked where to get a rental agreement form, and specifically asked not to get all the "why I shouldn't rent" posts.
And out of 14 replies, only 2 gave him information that he asked for, the rest were what he asked NOT to get or off topic comments.
I guess this post makes it 13 out of 15.

.
I suppose we could all contain our answer to the question asked... but then most threads will be boring.
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Old 02-18-2012, 09:55 AM   #24
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I have SOLD four MH's to different people, each one has damaged the RV within one month of owning it. Steps torn off, cracked windshield (ran into house), Took out batteries reinstalled wrong, spare tire not secured properly after accessing storage compartment, drunk driver ran into the side of one, and on and on. I can't remember which forum I was on, but I've even seen where an owner leaving the fueling station tore off the rear cap. If you like your RV, leave the renting to the pro's.
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Old 02-18-2012, 10:23 AM   #25
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One other thing to consider is that the renter has the proper drivers license requirements. If your rig has a GVW of over 26,000 lbs. in TX they must have a Class B license. Also if air brakes are part of your rig, some states require an air brake endorsement as well. Just some further thoughts to consider.
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Old 02-18-2012, 12:39 PM   #26
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something else to consider for the contract.... WHEN the RV breaks down on the highway, either because of something stupid they did or just a mechanical issue...
1. Who pays for the tow?
2. Who pays for the repairs?
3. Who pays for the family's hotel room while they wait for the repair or worse...
4. Who pays for the replacement RV so they can continue their trip?
5. Who pays for you to go get it and bring it home?

also, even simply phone calls at 2 AM to help get the heat or AC going again..

when you rent a truck from Hertz, or U-haul , or even local companies, they will get you a replacement in just a few hours... same with a car. They have contracts and deals for maintenance on the road and support.

cheers
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Old 02-18-2012, 07:13 PM   #27
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You be nuts to even consider such thing.
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Old 02-18-2012, 09:14 PM   #28
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You may want to check into consigning it with a rental company. They do all the work and you get the financial benefit. I rented mine for 3 years and was pleased with the results. I found a reputable local company, not one of the big ones, with a fleet of about 15 class C and class A RVs. They took care of all the bookings, maintenance (at my request) and the occasional repairs. I paid the insurance and the bank didn't care as long as it had appropriate insurance, which by the way, is not your standard policy. Every month i got a statement and a check...unless there were no rentals.
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