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Old 01-11-2011, 06:42 PM   #1
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Renting out your MH

Anyone do this ??

I have considered it on occasion to offset the costs of it sitting here more than being on the road ..

I met one person last year when we were in Tennessee who has a half zillion dollar coach he rents "pretty regular and it's about the only way I can realistically afford to keep it"

I didnt pry into the in and outs of it all ..

On the one hand it would be nice , would definitely be a business ..

On the other hand , well ewe know the other hand ...
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Old 01-11-2011, 06:53 PM   #2
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It's not for me. I got a MH so I'd have a bed only I slept in, a shower only I washed in & only my dirt on the rug. If I was going to rent, it's then no better than staying in a hotel.

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Old 01-11-2011, 06:56 PM   #3
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Quote:
Originally Posted by JackHammr'
Anyone do this ??

I have considered it on occasion to offset the costs of it sitting here more than being on the road ..

I met one person last year when we were in Tennessee who has a half zillion dollar coach he rents "pretty regular and it's about the only way I can realistically afford to keep it"

I didnt pry into the in and outs of it all ..

On the one hand it would be nice , would definitely be a business ..

On the other hand , well ewe know the other hand ...
There are many issues-insurance, income taxes, warranty concerns etc that must be considered. Yes some people rent out theMH, how will you advertise, abuse of renters, will repairs be reimbursed, any special licenses, cleaning etc. I am a CPA and if you use the unit personally you may be subject to the passive activity rules-please discuss these issues with your tax person.
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Old 01-11-2011, 06:57 PM   #4
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HMMmmmm - after reading the MANY "experiences" and hard luck stories of new MH owners as they hit the road with little or no previous experience in driving one - I'd be VERY reluctant to rent one out to see the saga continue - especially in MY MH!
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Old 01-11-2011, 07:04 PM   #5
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Never !!!! If I could not afford my DP I would not have it. IMO only...
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Old 01-11-2011, 07:05 PM   #6
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Renting

Quote:
Originally Posted by Gary - K7GLD View Post
HMMmmmm - after reading the MANY "experiences" and hard luck stories of new MH owners as they hit the road with little or no previous experience in driving one - I'd be VERY reluctant to rent one out to see the saga continue - especially in MY MH!
Right on, after seeing what tenants have done to my rental units that are stationary WOW on the moving rental.
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Old 01-11-2011, 07:09 PM   #7
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You're generous.....rent me your HARRRLEYYY!
Keep all of your stuff close or sell it.
J
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Old 01-11-2011, 07:16 PM   #8
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Originally Posted by GOLDWINGER2 View Post
You're generous.....rent me your HARRRLEYYY!
Keep all of your stuff close or sell it.
J
aint renting no Harley to no stankin' wanger

Ya all kinda give the same sentiments I have towards the issue ..

I know about non moving rental property very well

laws here are in favor of the renter not the landlord/property owner

I dont guess I shud gripe too much , the MH is paid for , just hate seeing it sit here
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Old 01-11-2011, 07:26 PM   #9
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I'm with everyone else on this one. The ONLY way I could see doing anything like this is with a very close friend or family member and then it opens up that other can of worms.

Rick
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Old 01-11-2011, 07:34 PM   #10
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Old 01-11-2011, 07:35 PM   #11
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As noted, the insurance is one issue, then the taxes and income. What you will have is a dirty, well worn, higher mileage motorhome that won't be worth as much a few years down the road.

My advice is to sell it and get something you can afford on your own. Sorry to be so blunt.

Ken
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Old 01-11-2011, 07:38 PM   #12
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no problem being "blunt"

affording it is no problem , is paid for ... yippeee

just curious to others thoughts on the idea

the cost of it sitting isnt enuff that I miss the money very much
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Old 01-11-2011, 07:42 PM   #13
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Very good point Lori, I spent 25 years with the "bell system" traveling and staying in motels, some the best you could find anywhere, AND flying a few times a month. When we retired I told the wife that's it for me, no sleeping where others have slept, no more flying, hence the MH. AND I would NEVER let anyone rent, borrow, even think about staying in our "home, away from home"!

Life is good

Sent from Disney, Fort Wilderness, not missing the central Ohio snow and cold.
But missing the kids and grandkids!
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Old 01-11-2011, 07:46 PM   #14
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One sure way to fix the problem JackHammer, Get in it and go! Cures a lot of ills.
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