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User Stats

110
Posts
91
Votes
Zander Kempf
  • Developer
  • Honolulu, HI
91
Votes |
110
Posts

Feedback please - What would be useful in a course on RV parks?

Zander Kempf
  • Developer
  • Honolulu, HI
Posted

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?

User Stats

124
Posts
87
Votes
Replied

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?

User Stats

19
Posts
4
Votes
Lindsay Tucker
Agent
Pro Member
  • Real Estate Agent
  • Denver, CO
4
Votes |
19
Posts
Lindsay Tucker
Agent
Pro Member
  • Real Estate Agent
  • Denver, CO
Replied

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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User Stats

1
Posts
2
Votes
Replied

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...