Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago, 09/02/2019

User Stats

235
Posts
123
Votes
Collin Corrington
Agent
Pro Member
  • Investor
  • San Antonio, TX
123
Votes |
235
Posts

RV Park?? I've never done this kind of thing before, have you?

Collin Corrington
Agent
Pro Member
  • Investor
  • San Antonio, TX
Posted

I've been investing for a while now.  Have done many deals and had my hands on hundreds of them.  Mostly owner finance, but some flips and rentals. 

I had a piece of property fall in my lap the other day.  Single house on 5 acres on a river about 1 mile from the Lucky Eagle Casino in Eagle Pass.  For those unfamiliar with Texas, there is NOTHING near Eagle Pass and that casino is a big draw since it is the only one in Texas. 

From what I know the casino has been aggressively growing and I've requested some additional information from the local Chamber of Commerce.

I don't want to try and flip a house that far away from home but I think it might be perfect for an RV park.

It will need to be rezoned, if possible, and from what I've found there is city water and electric. 

 It is in a flood zone, but I believe that isn't a problem for RV parks. 

I'm heading there to check it out tomorrow (2.5hr one way) and want to know if there is anything I should really pay attention to while I get my eyes on this property for the first time.  

  • Collin Corrington

User Stats

579
Posts
300
Votes
Belinda Lopez
  • Specialist
  • Houston, TX
300
Votes |
579
Posts
Belinda Lopez
  • Specialist
  • Houston, TX
Replied

Hi Collin,

  sounds like you might have a great deal. That is kind of how I ended up in the RV Park niche - by chance but I'm so glad I did.  I have an eBook on RV Park development I'll send you. We also just released our first course on RV Park investing.

Good luck!

User Stats

5,121
Posts
2,120
Votes
Ronald Rohde
Pro Member
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
2,120
Votes |
5,121
Posts
Ronald Rohde
Pro Member
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied

I would try to see if there is any comparable history for city precedent allowing this type of re-zoning. Cities without history of re-zoning are wildly unpredictable. 

  • Ronald Rohde
  • NREIG  logo
    NREIG
    |
    Sponsored
    Customizable insurance coverage with a program that’s easy to use Add, edit, and remove properties from your account any time with no minimum-earned premiums.

    User Stats

    341
    Posts
    177
    Votes
    Charley C.
    • North of Houston
    177
    Votes |
    341
    Posts
    Charley C.
    • North of Houston
    Replied

    @Collin Corrington on that offer, put contingencies. Zoning changes are the most difficult of all the contingencies you can think of. 

    If that spot does not work out, it sounds like you are in a real good area. I don't yet own an RV park but have been researching what makes them really do well (other than local attractions, obviously you have and might be all you need). you an also look for a spot on the high bluff next to that river where people can fish and let their dog swim,canoeing,  or a shaded nature walk. Any light sporty recreation on site can pay dividends and give you an edge when competitors come to town to copy your success.