RVE 216: Renovating and Renting Airstreams as Glamping Destinations - a podcast by Heath Padgett

from 2021-02-09T13:00

:: ::

The Dream: A Hospitality Business on Wheels


Back when they first wanted to start RVing, Josh and Brittain bought and renovated an 88 Airstream. Then they picked up a rare '87 Airstream motorhome to renovate and rent on Airbnb.


They dreamed of creating awesome unique glamping experiences for people who want to enjoy the outdoors. "We had the vintage camper, but we didn't have the land," explained Brittain.


That's when they connected with a vintage campground in Tuscon to park one of their Airstreams on site. They worked out a 50/50 revenue split and all the fine details and continued traveling in the RV, making their Airstream rental almost completely passive income.


Josh and Brittain are very open about numbers, so they share a ton of insights behind how much they paid, earned, and profited as they've built this business. I highly recommend listening to the episode to year all the nitty-gritty details on finances.


Now they have four vintage trailers and recently found a new home for their rental business in Montana.


What we cover in this episode:



  • The average cost to buy and renovate an Airstream (all-in!)

  • Why Josh and Brittain won't ever renovate another motorhome

  • The ideal rate of return (and how much each rental makes a year)

  • How they found a home for their RV rentals

  • Setting up revenue sharing + covering expenses

  • How responsibilities were divided between Brittain and the host

  • Growing their business debt-free



---

Send in a voice message: https://anchor.fm/rve/message

Further episodes of The RV Entrepreneur

Further podcasts by Heath Padgett

Website of Heath Padgett