Anyone ever use RV space for Short Term Rental?

Question

Has anyone ever bought an RV lot at a resort to rent out nightly or weekly? I am curious if it is worth the investment. This is, admittedly, a half-baked idea. However, it seems like in the right situation, it could possibly pay off. I am looking at possibly buying a lot for around 25k-30k at a popular lakeside resort near Branson, Mo. The lots rent out for $60-$90 per night, which is pricey, but they have tons of amenities like clubhouse, pool, minigolf, boat storage and ramp, social events, etc, and cater to a high-end RV crowd. No tents, canvas/hybrids, or anything shorter than 27'.

Any experience to share?

Paul Sandhu · Answer

I tried it with a 5th wheel camper.  Total failure.  I was able to sell the camper for exactly what I paid for it.

Aaron Yoder · Answer

Lacy, I've been interested in this idea for a while also. Here's my two cents: 1. Very few reputable RV parks allow owners of sites to rent them out to non family. Probably a liability thing. 2. The reputable RV parks that do allow short term rentals, charge a management fee to manage the site since it is assumed you (the owner) are not going to be there very often. As they should. 3. As with any investment, it comes down to the numbers. If you can find a reputable park that provides legitimate management services for a reasonable fee, and can also provide rental history so you study the analytics, and the return on your investment is worth it, go for it!

Janelle Groenhout · Answer

@Lacy Langley Interesting idea for sure... I have no insight on the topic but want to follow and see what others say.

Lacy Langley · Answer

I thought about putting a camper on it, but that seemed like a lot of work. I was just going to rent the site out. It looks like the resort has management in place and I'm sure they take a large piece. However, it would be an incredibly passive endeavour with no turn over action needed.

Anyone ever use RV space for Short Term Rental?

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