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Tom'sToys, Boats, RV's & Trucks is now offering RV rental. We are looking for people with great credit that would like to own a motorhome, but know they wouldn't use it all the time. Our program allows you to purchase the motorhome and we will rent it out when your not using it. Our motorhomes rent out for $1495 to $1895 a week. We pay you 75% and we keep 25% for doing the service. So our average payment will be $550-$700 a month. So if we only rent your unit for one week a month year round you have a double payment made each time.
We only do this for our customers, in new units (warranty), we have commercial renters insurance (you pay for but it covers both of us and the renter could pay to cover themselves or they provide coverage), roadside coverage. This really is no difference from a rental property, but maintenance is minimal as it is new, we only rent it out while under warranty, after that you either drop out or trade in for another new one that someone else is paying for. The huge advantage of this type of rental unit is that it is ONLY DEPRECIATED FOR 5 YEARS. Residential rentals-29 years, Commercial 39 years. Now you must consult your accountant for the whole calculation because you won't be able to depreciate your personal use, but you can still write off the interest as your second home.
So you set your schedule and then we list the rest of the weeks that it is available. Remember everyone has different travel plans, so we do weekends-minimum 3 days, weeks and discounted monthly. We actually have one going to florida for 3 months and it will pay for the entire year and unfortunately I don't have time to use it this time of year, so it works out great.
Most people who buy motorhomes don't use them, then they are stuck in a 20 year loan to get the payment down and it does it more harm sitting around then being used. Here is an investment opportunity that can allow you to maximize your asset for your self and financially not be a burden.
Tom'sToys, Boats, RV's & Trucks is now offering RV rental. We are looking for people with great credit that would like to own a motorhome, but know they wouldn't use it all the time. Our program allows you to purchase the motorhome and we will rent it out when your not using it. Our motorhomes rent out for $1495 to $1895 a week. We pay you 75% and we keep 25% for doing the service. So our average payment will be $550-$700 a month. So if we only rent your unit for one week a month year round you have a double payment made each time.
We only do this for our customers, in new units (warranty), we have commercial renters insurance (you pay for but it covers both of us and the renter could pay to cover themselves or they provide coverage), roadside coverage. This really is no difference from a rental property, but maintenance is minimal as it is new, we only rent it out while under warranty, after that you either drop out or trade in for another new one that someone else is paying for. The huge advantage of this type of rental unit is that it is ONLY DEPRECIATED FOR 5 YEARS. Residential rentals-29 years, Commercial 39 years. Now you must consult your accountant for the whole calculation because you won't be able to depreciate your personal use, but you can still write off the interest as your second home.
So you set your schedule and then we list the rest of the weeks that it is available. Remember everyone has different travel plans, so we do weekends-minimum 3 days, weeks and discounted monthly. We actually have one going to florida for 3 months and it will pay for the entire year and unfortunately I don't have time to use it this time of year, so it works out great.
Most people who buy motorhomes don't use them, then they are stuck in a 20 year loan to get the payment down and it does it more harm sitting around then being used. Here is an investment opportunity that can allow you to maximize your asset for your self and financially not be a burden.
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