All Forum Posts by: Jennifer Green

We have two glamping bell tents and two tipis before that. They do generate a profit, but with the heat here, we end up having to block them out from June through August. 

I own a 20-acre campground with 13 log cabins, 10 RV spaces, 2 bell tents, primitive campsites, and a store. We have discussed selling the individual cabins and managing the rentals. They could not live in the cabin but can stay long-term from November through February to appeal to winter Texans, and that is when we are slower. There would be a fee for the rentals, an HOA, and a land lease agreement. Has anyone done this before? Does it create less work for the owner of the campground? Any thoughts or opinions on doing something like this?

Thank you

Thank you. It is always a work in progress.

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $165,000
Cash invested: $1,200,000

Purchased raw land and built a campground

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

I always wanted a campground and had found the perfect property and built my dream. I had purchased and flipped 2 houses to purchase the property

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

Search for land on internet

How did you finance this deal?

cash and our retirement and bank fiancing

How did you add value to the deal?

We offered people in this area a place to stay that is enjoyable for the whole family

What was the outcome?

We have built a successful business and are looking to expand in the future. We are starting to sell cabins individually and transition into property management, which will enable us to grow and decrease our workload.

Lessons learned? Challenges?

Lessons learned are that it is a 24/7 job and a lot more work with a lot less free time. Challenges have been adapting to various cultures and personality types.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, Andrea Mc Gillary at Cowboy Capital Reality in Bandera