RV Nightly Rental

[Tenley Sage Houghton]

Investment Info:

Mobile home other investment.

Purchase price: $72,000
Cash invested: $7,000

RV rented on outdoorsy and to longterm rentals in the winter.

What made you interested in investing in this type of deal?

The 1% Rule

How did you find this deal and how did you negotiate it?

Friend worked in the RV industry and I purchased it whole sale from his lot.

How did you finance this deal?

Bank of the West

How did you add value to the deal?

Creating an experience for the renters and getting it to be able to go off grid.

What was the outcome?

Still learning and sent it down to consignment lot for almost two years to help it be more passive.