A peek inside of a Noma Vans vehicle.
Courtesy of Noma Vans
Carson Reid, 32, and Jeff Singer, 31, met working at Amazon and shared an interest in “van life.”
In 2020, they turned their first van into a rolling vacation home that they now rent for $350 a night.
Their company, Noma Vans, now has a fleet of six and has grown its earnings 433% since 2021.
Carson Reid, 32, and Jeff Singer, 31, met working as technical product managers at Amazon. As tiny homes and “van life” became popular topics in 2020, Reid and Singer decided to quit their jobs and try their hand at the trend.
Reid and Singer with their Noma Vans fleet.
Courtesy of Noma Vans
A longtime real-estate investor, Reid decided the short-term rental market was too competitive in 2020 and turned his attention to camper vans.
Reid installing flooring in the original van.
Courtesy of Noma Vans
Despite having no experience using or retrofitting vans as livable spaces, the pair bought their first Sprinter van in July 2020 for $36,000 to create a “luxury Airbnb” on wheels.
Courtesy of Noma Vans
The pair estimate they spent about $30,000 and 500 hours of labor fixing up the first van.
The original van mid-renovation.
Courtesy of Noma Vans
Singer said his previous experience working on aircraft interiors at Boeing came in handy. It inspired ideas like foam padding on cabinet doors that keep them from rattling while the van moves.
Singer in a white hazmat suit with goggles during van construction.
Courtesy of Noma Vans
The pair focused on simplifying the systems of poles, knobs, and labels so anyone — particularly folks like them with little experience— could operate the vehicle.
Reid’s wife working on the original van.
Courtesy of Noma Vans
When they officially launched their brand Noma Vans in March 2021, they marketed themselves as specialists in remote-work getaways.
Lounge van driving in the forest.
Courtesy of Noma Vans
But they quickly learned to not over-promise on the availability of WiFi or prioritize high-end amenities like an outdoor shower. Instead, they decided to make their basic offerings impeccable.
The backside of the van.
Courtesy of Noma Vans
“You can have all the greatest tech in the world, but if you don’t have hot water and a nice towel, your customer is not going to rent with you again,” Reid told Insider.
Opening to the Adventure van.
Courtesy of Noma Vans
Noma Vans made $60,000 in its first rental season with one van. The pair used the cash to expand their fleet with four more vehicles in September 2021. In March 2022, they added a sixth van.
Bed in the Lounge van.
Courtesy of Noma Vans
They initially rented their fleet via Outdoorsy, which Reid called the “Airbnb of camper vans.” Highlighting their angle as a local business helped them win customers, Reid said.
The shower and kitchen setup in the Lounge van.
Courtesy of Noma Vans
Now Noma Vans rents its fleet on its direct booking website. Currently, the fleet is made up of three types of vans. The Lodge and Adventure van sleep two people and are available to rent for around $350 per day.
Reid’s wife hangs out in a hammock in a van entry way.
Courtesy of Noma Vans
Source: Stay Noma
The Squad van can sleep four people and is available for $470 per day. Every van has a shower and kitchen, and enough water and power to go off grid for at least a week.
Table space in the Squad van.
Courtesy of Noma Vans
Reid and Singer have learned that the camper van rental market is extremely seasonal, especially in the Pacific Northwest. Around 90% of their yearly revenue is made in a six-month span.
Bed in the Adventure van.
Courtesy of Noma Vans
User accessibility is key for Noma. Reid said about 95% of their customers have never been in an RV before and majority don’t camp regularly.
Bedside in the Adventurer van.
Courtesy of Noma Vans
Right now, the company is squarely focused on the Pacific Northwest. Renters regularly take the vans to sites like Mt. Rainier and Olympic National Park.
Sink in the Squad van.
Courtesy of Noma Vans
Some rent the vans and travel down to Los Angeles and San Diego. One renter drove to Texas for a Tesla launch.
Bed in the Squad van set up for a movie night with a drop down screen.
Courtesy of Noma Vans
Reid and Singer would one day like to expand their van rentals to San Francisco or Austin. For now, they’re focused on making their current operation as hands-off as possible, which would allow them to return to traditional 9-to-5 jobs while keeping their side hustle for passive income.
Lounge van opens to a beach.
Courtesy of Noma Vans
Read the original article on Business Insider