Full time RVing and Real Estate Investing

[Brad R.]

Long time reader.  First time poster. In the next year or so I plan to move myself, my wife and our now 2 year old into and RV and travel the country full time for at least the following 3-5 years. I am currently 33 years old. 

We currently own a nice 3-2 home in the Naperville suburb of Chicago.  We plan to sell the home in order to buy our RV free and clear. I will continue to work my day job as an insurance underwriter remotely, which pays me quite well. 

One of my goals while we are traveling is to leverage the extreme cost savings that this full time traveling lifestyle affords thereby increasing our savings/investment rate to somewhere close to 70% of after tax income. I'd also like to be financially independent by 40. I have a tremendous opportunity to direct some of these funds to real estate but I'm having trouble figuring out how exactly I can employ a strategy that results in low touch passive Income over the long term with us never staying very long in any one place. We do plan to follow the seasons with our travel so we'll most likely be in the Pacific Northwest or mountain states in the summer and likely in the desert states, California or Florida in the winter months and other states inbetween the spring and fall seasons. 

I've not heard of any investors who are full time RVers and look forward to the community's thoughts on how I can best get started and any strategies might be conducive to them goals laid out above. The nice thing is that I have about a year until the journey starts so plenty of time to continue my education and networking. 

[Shelby Pracht]

Congrats, that sounds like a great strategy, @Brad R.

I'd consider looking into vacation rentals/airbnbs. If you find the right area and the right deal the cash flow can be huge. Plus, they are normally going to be in places people are wanting to visit or vacation, so if you want to take a trip to check on your property it's not a drudgery! Finding a really good full service property management company could make that really passive, or you can take a more active role by listing it on vrbo/airbnb/etc. and handling management yourself, but having a good team of boots on the ground for turnovers and issues. 

Whatever you choose, have an amazing time!