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Updated over 1 year ago,
Just for fun, could you see this investment strategy work?
I had a random thought a few weeks ago for a potential business (far off from something I would actually be willing to try right now) and I wanted to see if anyone has heard of something like this or if this could even be a decent business.
So I noticed a lot of Boat and RV storage facilities where these "toys" are just sitting in a spot and wasting away money and space until the owner wants to pull them out for use. My thought was what if; you offered an RV and/or Boat storage facility where you could potentially make the owners money, or at least free storage??
Basically my thought for the RV/camper storage would be to build out an RV park with covered spaces for the RV's. Instead of marketing it strictly as an RV park, you could market it as "free" RV storage where the owners of said RV's are able to park their campers in a covered facility, but they agree to partner with us by allowing us to rent out these campers/RV's as STR's. The campers would not be taken by guest, but rather just act as hotel rooms at an RV resort.
I have not given it enough thought to work out all the details, but was thinking owners could pull their campers out for use with prior notice, and then the spot would convert from "free" storage, to paid storage if they desire to bring the camper back since we would no longer be earning income from that unit. The campers would be professionally cleaned and maintained, and treated as an AirBNB. I figured this could also work for Boats as well to an extent?
Any thoughts on this? Or anyone care to share their day dreaming business ideas?