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Updated almost 8 years ago,
Buying or leasing a lot to rent for RV storage
Hey, has anyone ever bought or leased a lot in an area close to a freeway or major road to use to rent out for RV and boat storage? In my area in Santa Cruz California I know of 2 lots that are crammed to the gills with boats and RV trailers. I did some investigation and it seems like a pretty good cash flow scenario with low overhead. I am assuming insurance, taxes and some local fees would be applicable as part of the expenses. Any experience in this is greatly appreciated.
- Lance Hulsey