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Feedback please - What would be useful in a course on RV parks?
I am creating a course on RV parking investing (glamping, destination parks, extended stay parks, and development). What sort of info / resources would be most beneficial?
We own one and as I reflect back we got lucky. There are two things that give me pause in trying to recreate our original success.
1- Location, location, location... and how that translates into occupancy. I see a lot of RV parks for sale that say things like 'always full in August' or 'great hunters destination'. I would want a park that would be mostly full year round... but those probably aren't for sale too often.
2- Accuracy of the financials. I know a few RV park owners who 'pocket' a good percentage of their revenues in cash to keep taxes lowered. Unfortunately that creates uncertainty in their financials. What are the true numbers on the park?
I'd love to see a bunch of case studies on rehabbed RV parks and the ROI 5, 10, 15 years out with creative financing strategies for folks who want to try it.
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Real Estate Agent Colorado (#FA.100105073)
- 702-966-2834
- http://foothillsfinehomes.com
- [email protected]
I would love to see how to get started .
from purchasing the land, permits, and simple question for a newbe like what's the min acres you need to build...