The June 2020 RV Park Investing Newsletter

Maybe Now Is A Good Time To Leave Town Forever

One of the unique attributes of owning an RV park is the opportunity to self-manage. Many owners fine this to be their #1 attraction to the idea of buying an RV park: the ability to live in a beautiful setting far away from the city, with the chance to work both indoors and outdoors, with a myriad of entertaining roles and the freedom to spend time as they wish. So how would buying and living in an RV park work? Here is a basic overview.

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Understanding the 250 Mile Radius Rule for RV Parks

Studies suggest that the average RV owner spends around 23 nights a year in an RV park. And many of these are in microbursts of 2 to 3 nights at a time. Studies have also found that the average RV owner goes on a weekend trip that is roughly 4 to 5 hours from their home –a radius of roughly 150 to 250 miles. So this makes the population within a 250 mile radius an important issue to consider.

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RV Parks Are Doing Well Despite Covid-19 And Urban Unrest

The United States is currently in the middle of three catastrophes at one time: 1) Covid-19 2) economic disaster brought on by the quarantine and 3) urban unrest. But the end result is that these three events are actually pushing RV park occupancy ever higher. In fact, many Americans who did not even own RVs before the crisis began are now buying them up and hitting the highway to escape what they feel to be unsafe housing options in the cities. In fact, some RV dealerships are showing sales 30% to 50% higher than before any of this began. That makes RV parks one of the greatest contrarian investments in a troubled America. But why are RV parks doing so well?

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