Building an RV park for overnighters?
Was talking to my brother-in-law over the weekend and he asked me about ideas for a piece of investment real estate he owns. 120 acres with a 10 year option to purchase more in the future. Location is...
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An evenly haphazard business plan would disclose the profitability of the endeavor.
Building an RV park isn't trivial. Heck, where I live, building a garage is a chore. The property would likely be rezoned. Maybe you could get that done with a few dinner invites and some handshakes but that is getting rarer. I'd assume surveyors, landscape architects, lawyers, and a ton of time just to get the ball rolling.
Beyond the other intrinsic costs, the practicality of investing in development has to be weighed against possible returns. From the descriptions, the land may be better suited to a storage facility.
Building an RV park isn't trivial. Heck, where I live, building a garage is a chore. The property would likely be rezoned. Maybe you could get that done with a few dinner invites and some handshakes but that is getting rarer. I'd assume surveyors, landscape architects, lawyers, and a ton of time just to get the ball rolling.
Beyond the other intrinsic costs, the practicality of investing in development has to be weighed against possible returns. From the descriptions, the land may be better suited to a storage facility.
