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Joint ownership in a camper

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  • Joint ownership in a camper

    Does anybody have any experience in joint ownership in a camper? Do you setup some LLC or another business entity to and then have people own membership in a club? Just do it on a handshake and hope everybody remains frieds? Setup some non-profit club like a local hunting and fishing club?

    We have a big camper we take the family camping with, but the wife and I take a few trips a year without any kids and sometimes take the big camper which is overkill, or tent camp. We have several friends that also like to camp but do not own a camper and have little children or none at all.

    We started tossing around the idea of a small group of us (6 couples) going together to purchase a small travel trailer like one of the Forest River R-Pods.

    How would you all suggest going about doing this, or would you suggest not doing it and why? I'm open to any and all suggestions.

    Thanks in advance for any help.
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