RV lot investing

[John467]

Does anyone have experience investing in RV spots/pads inside campgrounds in Florida, south Texas, or other warm winter spots? I like the fact of low or no insurance necessary, and a large supply of pensioned snowbirds coming down south to rent a space every winter.


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[Htown Harry]

Somebody has divided up a trailer park / campground into "condos" available for sale?

 

[Texas Proud]

LOL.... really...


I know they sell boat slips as my now deceased BIL had bought 3 at a dockominium.... yep, like a condo for boats....


Sis just sold her last one... yes, she has a gain, but it would have been double or triple if she had invested in the market.... so, a $10K gain might look good, but she could have had $70K more....


I would not invest in them unless you are looking for some tax write offs... that is the only thing that was good about the investment.... but still, not good enough IMO....


OHHHH, and she was not looking for seasonal renters.... she had it rented 12 month out of the year... for many years...

 

[cooch96]

I think RV camp investment is a neat idea. I'd go camping and buy a fifth wheel, except nearly every campsite I see is hideously crowded. I feel like I'd have more privacy if I camped in my neighbor's backyard.

I hope in twenty years, deluxe, acre+, campsites will be a more typical thing. But it's going to take a bunch of investment for this. Please, please do this. I figure you have at least a 10% of making profit.

 

[REWahoo]

I'd go camping and buy a fifth wheel, except nearly every campsite I see is hideously crowded. I feel like I'd have more privacy if I camped in my neighbor's backyard.

That's exactly why we seek out state parks, Corps of Engineer parks and similar camping venues. Focus on those and you'll have far more privacy and elbow room, plus they are usually less expensive than commercial parks.

 

[ls99]

IMHO they are great for those who prefer a$$hole to bellybutton living. They remind me of Ft Jackson basic training barracks, 1967, 40 men to a room in double decker bunks.