285. How RV Rentals Can Boost Your Storage Revenue in 2025 w/Garr Russell & Mark Beasley
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 25 February 2025
⏱️ 35 minutes
🧾️ Download transcript
Summary
Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/start-podcast
What’s one of the best ways to make more money with your current storage facility? You’ve probably already considered tenant protection insurance, selling moving supplies, or building more units to boost your income, but what about hosting RV rentals? RV self storage isn’t new, and many storage owners have already caught onto the fact that RV and boat parking can bring in considerable revenue without building more units. But what if, like U-Haul trucks, you become the operator for RV rentals all from your storage facility?
Garr Russell and Mark Beasley from Fireside RV Rental are making this income stream dream a reality for self storage owners all across the country. As a self storage owner, you can get a cut of the revenue by providing parking and pickup space for RV owners renting out their vehicles. If you’ve got parking and an operator who can handle on-site rentals, you might have everything you need to increase your facility’s income.
So, how does it work? Which storage facilities can get in on it? And is it worth the small amount of effort? Garr and Mark walk through the entire process and why this may be the ultimate win-win-win for storage operators, RV owners, and RV renters, resulting in more money from the same self storage facility!
What you’ll learn in today’s show:
- Why RV self storage is a no-brainer for those with storage facilities and extra space
- What you’ll need to start renting out RVs from your self storage facility
- How much the RV owner and self storage facility can make through these rentals
- The reason this business model is booming and why it’s a perfect time for storage owners to get in
- How to make even more money off RV rentals by installing specific perks at your facility
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Fireside RV Rental: https://firesidervrental.com/
My Wheel Estate Story: https://www.mywheelestatestory.com/freebook-v2
Transcript
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| 0:00.0 | We've had two storage facilities and two dealerships recently who have signed up because they thought, |
| 0:05.6 | well, heck, we'll just incorporate this into our self storage facility. We've already got |
| 0:09.6 | our staff that's here overseeing the facility. We'll just incorporate this into what we're doing |
| 0:14.4 | and we'll make that extra revenue. We got into with the entire group a 20 minute conversation about |
| 0:19.2 | RVC says they're awesome renters. |
| 0:21.4 | They pay more. They usually book for a whole year, even though they might be gone for months, |
| 0:26.1 | but they know if they don't keep it, they may not have it when they get back. Right. So he said, |
| 0:30.9 | they're awesome renters. I like the idea of a lot of these things because it gives options |
| 0:35.3 | and opportunities for all the parties. You have a business opportunity, you have an opportunity for a storage facility, |
| 0:40.8 | you have an opportunity for owners of RVs, and then you have an opportunity for customers, |
| 0:46.3 | and it really works out nicely. |
| 0:53.3 | I was a very successful drug dealer. |
| 0:57.6 | I ran drug homes. |
| 0:59.0 | I had runners. |
| 1:00.0 | I had the whole business plan. |
| 1:01.4 | You know, I didn't have a CEO all like I have now, but God got a hold of my heart in 2003. |
| 1:08.5 | That actually led into me getting fired for my job for sharing my faith, which shoved me |
| 1:15.4 | into my entrepreneurial journey with the Lord. And I started a credit counseling business because |
| 1:22.2 | I had some credit to clean up after I started walking with God. And I learned a lot about credit |
| 1:27.9 | and settling debts and building credit and all the things. I started a credit counseling |
| 1:32.0 | company in 2008, which I had no clue that the whole world was crashing down in 2008 when |
| 1:38.7 | I started a credit counseling company. So I opened the phone book and I'm calling mortgage companies |
... |
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