Investing in RV Parks??

[Melba Chambers]

Has anyone ever invested in a RV park/resort? If so, what are the pros and cons?

[Austin Neal]

@Justin Frank The management of RV parks is similar to apartments, storage, or hotels, but cannot be as easily outsourced. It’s wise to find a park with established workampers and/or a seller who is willing to stay on for a little while after closing. The learning curve includes daily operations of the park, employee management, and RV types/slides outs/amperage/hookups/size that require certain site space and utilities. Also, understanding maintenance of plumbing lines, electric lines, pedestals, roads, etc can take time. None of that is too difficult, but it’s new for most real estate investors. Again, buying a park with established employees could be all it takes to overcome most of the above.