The Rv Entrepreneur With Heath Padgett

Working in finance in New York City, Dave started dreaming about living in a van and taking his hedge fund on the road. But he couldn't hit the road immediately, so he rented his van out on Outdoorsy to offset his van costs while he wasn't traveling. To his surprise, his van booked out for four months! So he got another and soon had 6 vans being rented out. Meanwhile in Colorado, Dave's college buddy Matt was renovating and building out a van of his own. When Matt shared how much it cost him to buy and build out the van and that he sold it for a profit after taking it cross country, the friends had an idea: Let's build out custom vans and rent and sell them. In this episode, they share their story of getting started. Plus: How to approach renting your RV online Using the real estate model to analyze the RV rental market Deciding on the basic, customizable van layout Costs and time to build out and ship vans Why the van lifestyle allows you take more risk in business ---- Today’s episode is sponsored