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Updated over 2 years ago on . Most recent reply

Looking for insight into purchasing and operating a campground!
Hey everyone,
I currently own an STR in Tennessee but I have always wanted to own a campground and add glamping sites to it. I'm looking to connect with experienced investors who know how to analyze these deals and manage operations.
I am currently in discussion with an owner of an existing campground in NH.
Thanks!
Most Popular Reply

@Jonathan Stevens I cannot give you any advice on ownership or analyzing a campground. What I can recommend you do is get a good engineering-based cost segregation estimate so you know how much you will have in taxes you can depreciate right away so you can minimize or eliminate your tax liability. STRs, RV sites and trailer parks tend to have great tax benefits that the owners are not usually aware of upon purchase. Estimates are at no cost and and can be worth a lot in tax benefits and cash flow.