SUNGLOW RV provides a
complete RV Rental Management service. We store your
unit on our lot, do all the marketing, booking, collect
the funds, keep it maintained and detailed, outfitted,
prepare it for rental and deliver it to the
customer...plus much more.
- Do you own a
motorhome that is not being used frequently?
- Have you ever
dreamed of owning your own RV but you just couldn't
justify the expense?
- Do you find yourself
paying too much income tax and wish you had more
deductions?
- Would you like a
substantial second income?
- You want to cut the
cost of owning a recreational vehicle
If you answered yes
to any of these questions, we just might be able to help
you live your dream.
SUNGLOW RV assists RV owners
by renting their RV’s on a consignment basis. If
you would like to take advantage of the booming RV
Rental industry, or your just looking for a unique
investment opportunity, check out our RENTAL MANAGEMENT
PROGRAM.
SUNGLOW RV is working
with recreational vehicle owners to establish a
long-term relationship for our mutual benefits. When
consigning your motorhome or travel trailer with us you
can receive the following benefits:
- Tax benefits
- Cash flow from your
recreational vehicle rentals
- Consistent use to
keep vehicle parts in proper working order
- Use of your vehicle
at times that are convenient for you
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, any upgrades you might want
on your motor home, plus a 21 day vacation each
year. 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 1999, that allowance is $19,000.
(For more information, see Publication 946 from
the Internal Revenue Service IRS)
It would be advisable
to visit your own accountant or tax advisor also.
SUNGLOW RV makes the
following guarantees:
- We market your RV
worldwide
- We handle the rental
process from A to Z
- We screen every
driver before every rental
- We make sure all
required maintenance is properly and timely
performed
- We make sure all
taxes are paid from the rental activity
- We make sure the
vehicle is kept clean and properly maintained
- We make sure you get
timely payment of your lease-back earnings
- Will provide listing
of your motorhome on our website
If you’re interested in
finding out more about our Rental Management Programs,
please check out these page:
What is Rental Management?
What about potential Tax Benefits?
How much money can I make?
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?
How and when do I get paid?
What is Rental Management?
This program is designed to allow RV owners (or those
who would to purchase a new RV) derive substantial
income from their motorhome or travel trailer 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 need
additional tax deductions. Depending on the unit, owners
can make as much as $20,000.00 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 a stringent
screening process. 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, contact
us today.
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What about potential Tax Benefits?
Once the RV is enrolled in our program, you'll be able
to enjoy many tax benefits. Check with your account
about how you can benefit from these tax benefits:
1.)
Depreciation - Most of our owners use a 5 year
depreciation schedule for income tax purposes. Many
can take 52% during the first 2 years alone.
2.) Expenses - You'll bable to deduct insurance
premiums, maintenance costs and any upgrades you
might want on your motorhome. These now become
business expenses.
3.) In some states you may be reimbursed for any
Sales and Use tax you paid when you bought it.
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How much money
can I make?
The amount of income you derive from consigning your RV
depends on many factors. Depending on the unit, owners
can make as much as $20,000.00 per year off the rental
of their unit. In addition to the income, there are many
tax benefits to this program. We make no guarantee as to
how much money our owners will earn.
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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 complete a background checks for their
credit and driving record.
Each renter is given an extensive walk-through on the
coach and must sign the Operating Instructions Sheet. In
addition, we take several 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 and
sign the Terms and Conditions. These terms and
conditions were written to protect the coach, the owner
of the coach and
SUNGLOW RV
. 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. 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 Out form, it clearly states that we have 10 days
to inspect the unit before refunding the renters damage
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 Damage Deposit. The
renter must sign to authorize 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.
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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. 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 and whether it's a motor home or a travel trailer.
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. The insurance premiums are deducted from your
rental income each month and it's clearly spelled out on
the Owners Statement.
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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 light
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, offer you
one of our other coaches (at a huge discount) or cancel
the reservation. The choice will be yours and you always
have the final authority.
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How do I know my coach will be properly maintained?
In most cases, our 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 will change the oil & filter,
check the transmission fluid, radiator coolant, brake
fluid, batteries and tires for proper wear.
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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
forfeit their entire security damage deposit 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.
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Who is allowed to drive my coach?
Only the renter and those persons designated at the time
the reservation is taken. Each designated driver will be
required to give us their full name, address, drivers
license 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.
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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 $50.00. If the repair is for more than
$50.00, they MUST call us for approval and instructions.
Our Terms and Conditions 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
service company called Coach Net. They are a 24 hour/7
day per week road service and charge according to the
distance to the unit.
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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.
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What if my unit doesn't rent?
How often your unit rents depends largely on what it is.
Smaller travel trailers rent well for weekends and
vacations. Motor homes and tent campers are by far the
fastest rentals. Luckily in California, demand is far
greater than our supply. We expect averages between 12
and 21 days of rental per month (depending on season).
While we can't guarantee the number of rentals your unit
will have, we are located in an excellent market where
rentals occur 365 days per year. At some point we will
cap the number of units in our fleet. We are committed
to our coach owners and will not allow our supply to
dilute the owners income.
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How and when do
I get paid?
Owners statements and checks are mailed on about the
15th of every month. Each owner is paid for all rentals
that are returned and closed out during the previous
month. The computer generated owners statement consists
of pages indicating the charges or credits for that
month, the renters names, dates, miles driven, generated
hours and of course the total amount due to the owner.
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SUNGLOW RV would love to
help you make money by renting your Motorhome or Towable
RV. To inquire about one of our programs, please
completely fill out the below form, and we will contact
you promptly.
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