RV Gold Rental Management Program

This program is designed to allow new RV purchasers and current RV owners to derive substantial income from their RV while retaining the use of it when they want to go camping. This program is tightly managed and dedicated to maintaining the owners RV in excellent condition. This program is perfect for the RV owner that can't use their RV enough to justify owning it or those that owe more on their RV than it can be sold for. Depending on the unit, owners can make over $10,000.00 per year off the rental of their unit. In addition to the income, there are many tax benefits to this program. You supply the RV and we do all the rest. We have the renters and the most stringent screening process in the industry. We maintain the unit, collect the rental fees and damage deposits and send the owner an itemized statement and check once a month. If you're interested in learning more about this program, e-mail us today.
Tax Benefits

These are the reasons we have several owners that have multiple units in our program. Once the RV is enrolled in our program, you'll be able to enjoy the following tax benefits.

  • Depreciation - Most of our owners use a 5 year depreciation schedule for income tax purposes. You can take 52% during the first 2 years alone.
  • Expenses - You'll be able to deduct insurance premiums, maintenance costs and any upgrades you might want on your motor home. These now become business expenses.
  • Section 179 Deduction - Each year the government allows a capital investment purchase that can use an accelerated depreciation schedule for that investment. In 2003, that allowance was $24,000. (For more information, see Publication 946 from the Internal Revenue Service)
Frequently Asked Questions

How do I know my coach won't get torn up?
What about insurance?
What if I want to use my coach?
How do I know my coach will be properly maintained?
Are people allowed to smoke in my coach?
Who is allowed to drive my coach?
What happens if the coach breaks down on the road?
What if my unit doesn't rent?
Where would my unit be kept when it's not out on rental?
How and when do I get paid?

How do I know my coach won't get torn up?
Hands down, this is the single biggest concern of RV owners. The long and the short of it is that the renter is on the hook for almost everything. The only exceptions are the normal wear items. Each renter is screened extensively. When we fill out the Customer Information screen on our computer, we get answers to over 30 questions and record them, such as home and work address, home and work phone numbers, social security number, driver's license number, auto insurance company, agent and policy number plus many more.

When we take the reservation, we send in the renter's information to our insurance company. They run it through the Department of Motor Vehicles and send us back the report. This insures us that we're not renting to someone with a bad driving record or a DWI.

Each renter is given an extensive walk-through on the coach and must sign the Check-Out sheet. In addition, we take digital pictures of each unit just before it goes out. This keeps them from coming back later and saying the reason something broke or got damaged was because we didn't tell them how to operate it. In addition, each renter is required to read the Terms and Conditions and sign them. These terms and conditions were written to protect the coach, the owner of the coach and RV Gold. They clearly spell out what the renter is responsible for and the penalties involved if they don't adhere to them.

Every coach is clean, full of gas and water and thoroughly inspected before it leaves. We take digital photos of every rental unit just before it goes out so there is no question of it's condition. The customer signs that it's in good condition and that they agree to return it full of fuel and clean. If they don't, we clean it and or gas it and charge the renter. On the Vehicle Check-Out form, it clearly states that we have 10 days to inspect the unit before refunding the renters deposit. This gives us enough time to check the unit carefully for anything that might be hidden.

None of these things are of any use if we can't collect from the renter if damage occurs. To make certain we will be able to collect, each renter must pay for the rental in advance plus leave us a $500 Deposit. The renter must sign here authorizing us to charge any balance due on their credit card. With this credit card authorization, the customer can't successfully dispute our charges to their credit card company.

What about insurance?
When you enroll your coach in our program, we must add it to our master insurance policy. You can drop your current insurance because our policy covers you, your coach, the renter and us. You will be billed each month from RV Gold for the cost of the insurance on your motorhome. We keep a copy of the master policy on hand at all times and welcome our coach owners to go over it or speak with our insurance company to answer any questions they might have. As a rule, our coverage is considerably better than an individual policy. The renter is responsible for the deductible.

The cost of the insurance depends on the value of the coach. The rates are slightly higher than an individual policy but the broader coverage is essential. Your individual policy won't cover you or the coach if the unit is for hire/rent. The insurance premiums are deducted from your rental income each month and it's clearly spelled out on the Owners Statement.

What if I want to use my coach?
It's very simple. When you know you want to use the coach, call us and we'll reserve it for you just as though you were any other renter. When you pick it up, it will be full of fuel, water and propane. We'll start the refrigerator and water heater for you and check all the appliances, generator, etc. All we ask is that you return it full of fuel, propane and cleaned so that it's ready to go out on the next rental.

If we have a reservation on your coach for the period you want to use it, we'll either switch them to another unit or cancel the reservation. The choice will be yours and you always have the final authority, but of course we hope that you will give enough notice that cancellation of a reservation is not necessary.

How do I know my coach will be properly maintained?
In most cases, owner involvement with the cleaning of the motorhome assures that the unit will always be in good condition. Additionally, RV Gold maintenance procedures are far more strict than the average owner's. When a motor home goes into the program, we fill out a vehicle information screen in our computer. One of the questions it asks is how often we want to perform maintenance on this vehicle. We also are required to enter the mileage when we receive the coach and the computer keeps track of how many miles are put on it.

Each time a renter picks up the unit, we record the actual mileage and the generator hours. When they return, we again record the mileage and generator hours. When the unit has 3,000 miles on it since the last service, the computer automatically prompts us to let us know it's time to service this unit. When so prompted, we notify the owner of the need for maintenance and they can take care of it or we will change the oil & filter, check the transmission fluid, radiator coolant, brake fluid, batteries and tires for proper wear.

Are people allowed to smoke in my coach?
No! We don't allow smoking in any of our rental units. There is far too much risk that the upholstery or carpet could be damaged and many people are sensitive to the smell of smoke.

Every renter must sign a sheet that clearly states that there is no smoking allowed in the coach. If they choose to ignore this rule, they will be charged $250.00 so the coach can be fumigated and professionally cleaned to remove the after-effects from the smoke. This charge is purposely high to deter even the most stubborn renter.

Who is allowed to drive my coach?
Only the renter and those persons designated at the time the reservation is taken. Each designated driver must be 25 years of age and they will be required to give us their full name, address, drivers license number and expiration date. We will then request a DMV report on those drivers prior to departure. The renter understands that they're the responsible party and will be charged for any damage or repairs due to negligence.

What happens if the coach 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 $100.00. If the repair is for more than $100.00, they MUST call us for approval and instructions. The Terms and Conditions the renter signs clearly spell out the procedures that must be followed and our limits of liability. Our 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. Also, we've contracted with a national road sevice company called Coachnet. They are a 24 hour/7 day per week telephone assistance service and charge by the incident. This Aper incident@ charge is charged to the renter

Once the unit has been repaired and returned to us, 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 will be charged for the repair as a part of normal maintenance. If a unit requires repair in excess of $100.00, the owner is notified before the repair is made unless it's an emergency or the owner can't be reached.

What if my unit doesn't rent?
How often your unit rents depends largely on what it is. The slowest renting coaches are larger luxury units. The 20' through the 29' Motor homes are by far the fastest rentals. Currently, demand is far greater than our supply. Our motor homes are averaging over 3 weeks of rental per month during the summer months.

While we can't guarantee the number of rentals your unit will have, we have excellent rental history to give you an honest estimate. At some point we will cap the number of units. We are committed to our coach owners and will not allow our supply to dilute the owners income.

Where would my unit be kept when it's not out on rental?
Many of the owners keep their coaches stored at their homes, depending on the zoning of the areas in which they live. However, RV Gold has access to two storage locations where motorhomes can be stored for a fee. There is a $1.50 per foot per day charge for units stored in these lot.

How and when do I get paid?
Owners statements and checks are mailed on every month. Each owner is paid for all rentals that returned and closed out during the previous month. The owners statement consists of two parts. The first shows any charges or credits for that month and the total amount due the owner. The second part lists all the rentals for the unit for that month. If desired, copies of the rental agreements can be sent with the statements.



If your question has not been answered, please contact us.
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