Transient RV Park Investors

3 Replies

Hello Investors.  I'm new here.  I'm a senior software developer (more than 25 years), entrepreneur, and frequent RV traveler.  I was also an Airbnb Superhost for about 18 months.  I've built Airbnb-style software for the transient RV community (all demographics, including private property).  The software is still relatively new, but robust.  I would like to get into the RV Park market with my own commercial park where the office would be replaced with software, very much like Airbnb.  This is an incubator proof of concept that could then be scaled.  

I found a small RV park (20 spaces) that has the qualities needed to roll this out.  Here are my questions for investors:

1) How viable is this from an investment perspective?  This is more of a startup idea than a traditional property investment.

2) What's your opinion of the transient RV parking market?

3) How would you value a park that is fully online and has no office costs?  Differently than traditional MHP's?

All answers and critiques are welcome.  

Thanks for your time.


  

This sounds like an interesting idea.  My main question is how do you handle utility issues in the park, do you have a greeter who can reassign spaces if there is an issue? or does the system have a way report and reassign.

Dominique, think of an Airbnb with multiple separate rooms.  Each parking spot is its own rental entity, with photos, amenities, communication methods, and even reviews.  So a traveler is booking an individual spot.  If there is a problem, the software admin (me) can move them to another spot remotely.

As far as checkin/checkout verifications, the software also specifies this, and the general plan is to use security cameras, and/or one part time staff (used for things like emptying trash and cleaning common areas, like restrooms) for verification when needed.

The rating system (owner to guest, and guest to owner), like Airbnb, makes sure that everyone behaves, or they won't get the opportunity to host or rent again.

This particular property that I'm considering also has a income producing lodge, and would need a regular cleaning person anyway.

Originally posted by @Dwayne Domi :

Hello Investors.  I'm new here.  I'm a senior software developer (more than 25 years), entrepreneur, and frequent RV traveler.  I was also an Airbnb Superhost for about 18 months.  I've built Airbnb-style software for the transient RV community (all demographics, including private property).  The software is still relatively new, but robust.  I would like to get into the RV Park market with my own commercial park where the office would be replaced with software, very much like Airbnb.  This is an incubator proof of concept that could then be scaled.  

I found a small RV park (20 spaces) that has the qualities needed to roll this out.  Here are my questions for investors:

1) How viable is this from an investment perspective?  This is more of a startup idea than a traditional property investment.

2) What's your opinion of the transient RV parking market?

3) How would you value a park that is fully online and has no office costs?  Differently than traditional MHP's?

All answers and critiques are welcome.  

Thanks for your time.

 

Sounds good. I have been looking into some parks but nothing I need to have right now. I would suggest you do a beta test with people on here that already have parks. Maybe let them try it for free and see what pops and what doesnt. Then after upgrades you can charge for it. They will tell you how well it works. Also you can post up numbers on the park you want to buy and some seasoned members can help you with that also. 

Welcome to BP