RV Park Investment Articles

 

Harnessing The Tiny Home Revolution For Your RV Park

America is enthralled with the concept of “living small” and tiny home programs have taken over HGTV. So how does this related to RV parks? Few people realize that the only legal place where a tiny home can exist in most cities is inside an established RV park.

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How Can Non-RV Owners Stay At RV Parks?

There are around 9 million RVs on the road in the U.S. – a huge number. But there are also those who want to stay in RV parks but do not own a recreational vehicle. And this market is growing as a larger percentage of Millennials enter this space. So what are the options?

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How Traditional Investments Are A Financial Death Sentence

Although commercials abound promising you vast wealth with certain stock choices, the fact of the matter is that traditional investing is a financial death sentence if your goal is financial independence. The odds are simply stacked against you.

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Using Solar Lighting To Improve Aesthetics In Your RV Park

Lighting has long been an important asset to any RV park. But solar lighting is a new invention that is proving to be an extremely cost-effective way to improve the appearance and safety of your property. So what is achievable with solar lights in your RV park?

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Has The RV Park Industry Ever Had A Recession?

RV sales are at an all-time high in dollars of revenue, and RV park occupancy has never been higher. It’s been this way, year after year, for over a decade. So that begs the question “has the RV park industry ever had a recession?”

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How RV Parks Beat "Traditional" Investment Returns

We saw this article in a popular magazine recently, bragging about the possibilities to earn 2% interest on your investments. Seriously? How in the world can you get anywhere with your finances at 2%? Let’s take this opportunity to review the basic numbers on a typical RV park deal, to compare them to the 2% available in most traditional investment options today.

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What To Do When The Seller Does Not Have Good "Books"

Records written in purple crayon on loose-leaf paper. Revenues in cash kept in a metal box. These are all things that we’ve seen in RV park due diligence. And they can cause real problems in trying to obtain debt to buy an RV park or even instill the confidence needed to make a legitimate offer. So what do you do when the seller does not have good “books” – any “books” at all?

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Prediction: The Industry Will Again Ride A Wave Of Favorable Press In 2020

There are few products in America that have become so beloved by the media as the Recreational Vehicle. From coast to coast there is nothing but continued respect and appreciation for the RV as both a product as well as a lifestyle choice. And this reach cuts across all media types, from hot rod magazines to upscale fashion catalogs. So why are RVs so visible in U.S. media and what does it mean for the RV park industry?

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Five Reasons Why Now Is A Great Time To Buy An RV Park

Timing is everything. Just asked anyone who bought Apple stock for $5 a share, or sold their house in 2006. One of the most important aspects to investing is simply timing. So why is the timing right for buying RV parks right now – the best it’s ever been? There are many reasons.

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Your Best Retirement Plan: One Good RV Park

The media is awash in concepts to fund your retirement. There’s infomercials for “reverse mortgages” and discount brokerage from Schwab so you can trade stocks. Then there’s the advertisements for Exxon that suggest investing in the old industry will pay big dividends. But when you sort through the hype, you’ll see the absurd reality of what they’re saying. If you amassed even $1 million in cash in your account – whether at Schwab or Bank of America – you’d only earn maybe 1% to 3% in anything better than a junk bond, and that would yield a whopping $30,000 per year. And even if you withdrew $100,000 from your account, you’d be broke in 10 years. So how can you build a retirement that pays $100,000+ per year with no limitation or end date? The answer: one good RV park. So how would that work?

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How To Buy An RV Park Without Using A Bank

When I bought my first RV park, it was a very unusual deal construction. Since the property was in poor condition – and the seller very motivated – I was able to get him to agree to the following terms: $400,000 sales price, $10,000 down payment, and the seller would carry $390,000 for 30 years. I was immediately hooked on seller financing. My next five deals were also seller financed. I had never heard of that type of lending before, and the benefits were immediately obvious to me. So how can you buy an RV park using seller financing?

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How To Buy An RV Park With No Money Down

Perhaps the ultimate deal is the one that you buy with no money down. Real estate investors consider this the Holy Grail - the "hole-in-one" of RV parks purchasing. We've done this twelve times over the past two decades. So how do you buy an RV park with no money down?

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Why RV Parks Have A Higher Return Than Just Money

When it comes to investing, most people look only at the numbers. But RV park owners enjoy dividends that stretch beyond simple economics. They can gain personal rewards that are equally as impressive as their financial benefits. So why do RV parks have a higher return than just money?

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Did You Know That The Star Of The Show “The Profit” Made His Fortune In Rvs?

Marcus Lemonis is the star of the hit show “The Profit”, but most people don’t realize that he made his fortune in the RV industry. From 2001 to 2003 he served as CEO of Holiday RV Superstores Inc. Following that, he co-founded a company called Freedom Roads and began acquiring RV dealerships. In 2006, the company merged with Camping World and then with Good Sam Enterprises, with Lemonis serving as CEO. For his efforts, RV Business Magazine named Lemonis "Newsmaker of the Year" in 2007 for having “more impact on the industry than any [other] single individual or company in recent memory as an agent of change and retail consolidation”.

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How To Buy A RV Park

With 10,000 baby boomers retiring per day, there has never been more demand for RVs and the retirement lifestyle of traveling America in an RV. And with more RVs on the road (currently over 8 million of them), they all have to have a place to park for the night - or head for a destination. Many Americans are taking advantage of this demand by buying RV parks as an investment. But how do you successfully buy an RV park?

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Is Buying A RV Park Worth The Investment?

Do you enjoy people? Do you like being outdoors? Do you like being your own boss? If the answer is "no", then buying an RV Park is the worst thing that you could do. If you answered "yes", then read on and learn more about owning an RV Park.

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How To Make Every Day A Holiday When You Own An RV Park

Many people live out their lives without really enjoying their work. Then they retire and try to enjoy their final years, but really spend all their time fretting if their retirement savings will hold out. What if you could combine investing your savings with having the time of your life? Well, you can. And here's how to do it.

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How RV Parks Are Better Investment Than Single Family Homes

When most people think of investing in real estate, they always think of single-family homes. Since most of us own a house, we feel like we have a pretty good handle on evaluating them and spotting a winner from a loser. But the problem is that everyone thinks that! As a result, you have so many people chasing houses that there is no profit in any of them.

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How To Earn Lifetime RV Park Customers

There are over 8,000,000 RV owners in the U.S. And they all have to stay somewhere. But that's no excuse for not treating every single one as though they are the most important customer in the world. That kind of attitude will propel you to the top of the pile in RV park owners - and reward you with outstanding occupancy and cash flow.

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How To Find A RV Park To Buy

Many investors are considering buying RV parks as not only an investment, but as a lifestyle choice. With millions of Americans approaching retirement, a very fundamental concept is combining one's retirement years with one's investment objectives - and this often points to an RV park as the best of both worlds.

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How To Buy A Job(And A Whole Lot More) At An RV Park

For some reason, many people put down the concept of "buying a job" when investing in real estate. Of course, those same people don't consider spending $200,000 to get a law degree "buying a job" as an attorney. Or $400,000 to "buy a job" as a doctor. Every kid in college today is spending $40,000 to $200,000 "buying a job" for when they get out (if they can find one). So why should real estate be different?

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How To Turn A RV Park Into A Destination Instead Of An Overnight Stay

With the price of gasoline and diesel fuel approaching $5 per gallon, many RV park owners are getting very concerned about how many guests will pull into their RV park this year. Although RV users are not as susceptible to fuel prices as the average American, due to higher disposable income and more willingness to spend it on their RV trips, it still makes sense to make the guests that come into your RV park stay for more nights. Remember that one RV that stays for four days is the same cash flow as having four different RVs stay overnight. Indeed, one of the best ways to hedge your revenue risk is to have guests stay more nights before moving on. So how do you do it?

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