Is buying an RV lot a good investment?
Hi My wife and I just took a month long trip through California and Arizona. We are planning to spend next winter down there. We have looked at a few resorts with lots for sale. Could anybody help ...
Forum Discussion
rgatijnet1 asks a number of very important questions below. In addition:
What input will lot owners have regarding the upkeep of the resort in general?
Are there monthly maintenance fees and if yes, how are they set?
What if the resort is sold? What if it gets into financial difficulties? Are the owners able to simply close up if they get into trouble?
Predicting the future of the area and the park itself, is always a gamble of sorts. It just needs to be well thought out.......
What input will lot owners have regarding the upkeep of the resort in general?
Are there monthly maintenance fees and if yes, how are they set?
What if the resort is sold? What if it gets into financial difficulties? Are the owners able to simply close up if they get into trouble?
Predicting the future of the area and the park itself, is always a gamble of sorts. It just needs to be well thought out.......
rgatijnet1 wrote:
What will your neighbors be like?
What will happen to the rest of the area around the RV park in coming years?
Will property maintenance continue for the time you own the lot?
If things go downhill in the area, the Nations economy, or with your own finances, can you sell?
Will you still like this area in 3, 5, 10 years?
Is driving an RV there, just to park it, less expensive than just driving there in an automobile and renting a house for the season?
