Chris Koerner

So you got three types of RVs.

Class A, which is like a big tour bus looking thing, right?

Very intimidating for most people.

Class B, which is like a converted sprinter van, right?

Hashtag van life.

and then Class C, which is like a motorhome, right?

It's like the vehicle and the home combined.

And then you've got like pull behind trailers.

So usually in most markets, a Class C, a motorhome is the way to go.

And so there's a few platforms, RVShare and Outdoorsy being the biggest, that's like the Uber and Lyft of the space.

These are great because you can finance them, and I'm not advocating you should, but you can finance them for 20 to 30 years.

because they're treated like a home.

And so a $40,000 classy RV will cost you like between 250 and 600 bucks a month.

And you rent these things out for 150 to 400 bucks a night.

And in many markets, people are fully booked.

They're 40 to 80% booked and they pay for themselves in the first year or two.

So...

The thesis is that the average RV owner really only uses their RV for five to 15 nights a year.

And so, you know, it just doesn't make good financial sense for people to buy an RV.

But to be on the business end of it, to buy one and use it occasionally for your family, block off your own dates, and then list it on these marketplaces that are happy to bring you customers, it's a beautiful business.