Make Money Renting Out Your Boat
(In America In 2022)
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By Michael Wong | January 3, 2022.

Sailo screenshot

2. Sailo (Visit sailo):

  • Make money renting out your:
    • yacht
    • sailboat
    • motor yacht
    • pontoon
    • catamaran
    • cruiser
  • Benefits:
    • Earnings:
      • You keep 86% of displayed calendar pricing, plus any add-ons you offer, if you have your own charter insurance.
      • You keep 71% of displayed calendar pricing, plus any add-ons you offer, if you require coverage by Sailo's insurance policy.
      • Renter must pay a refundable $500+ minimum security deposit (which you can change) to cover any incidental damage or lost items, if you choose Sailo's insurance.
    • Earnings paid by direct deposit into your bank account 24 hours after a completed rental.
    • You choose rental rates and availability:
      • Full day = 8 hours
      • Half day = 4 hours
      • Quarter day = 2 hours
    • Installments feature lets you charge the renter an initial deposit to hold the boat, and then charge the remaining balance across up to four payments.
    • You approve or refuse any renters or captains.
    • Sailo review and verify all captains and renters' boating qualifications.
    • Sailo visit every boat to make sure the vessel is up to the highest standards.
    • 24/7 customer support.
    • USCG licensed captains available to renters.
    • Invite your friends to Sailo:
      • They get $100 off their first rental.
      • You get $100 in boating credits.
  • Requirements:
    • Maintain and keep the Proof of Insurance on board at all times.
    • Provide Documentation of Ownership and/or a valid copy of the Boat's Registration (and any other legally required documentation) on board the boat at all times.
  • iOS app rating: 4.7 (25+ ratings)
  • Stats:
    • 26,000+ rentals.
    • 30,000+ vessels.
    • 2,300+ captains.
  • Funding: $1.1 million (
  • Employees: 2-10 (est. 2015) (
  • Minimum age: 18+
  • Countries: USA, worldwide.
  • Free to join: Yes