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Keith Holt
  • Rental Property Investor
  • Cornelius, NC
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Do I buy another RV or another House?

Keith Holt
  • Rental Property Investor
  • Cornelius, NC
Posted Jun 7 2020, 01:40

Wondering if anyone else does RV rentals?

I have two rentals:

Key largo single family home

Morgage $360,000, $4000 down

monthly $2000

Rent. $2600

Profit. $600

______________________

2020 Class A RV

Purchase price $126,000, zero down

Monthly payment/insurance $800

Average monthly income $6000

Rv management company 50%

Monthly income $3000-$800=$2200

The question is do I buy another RV or rental house???