Buying an RV Park
Does anyone have experience, private or otherwise, in purchasing an RV park? If so, what types of things do you address on the formal offer that may differ from buying a typical single-family residen...
Forum Discussion
3 things. I would do.
1) the new owner often feels the old owner, was a poor business man, and they will do much better. Don't count on that. Turns out, many times old owner was a good business man, and there just isn't that much money to be had in the business
2) Cash in reserve so you can last 6 months to a year, if things go south.
3) Do it once, do it right, That means new realestate appraisel, New accountant going over the books, And realestate attorney
1) the new owner often feels the old owner, was a poor business man, and they will do much better. Don't count on that. Turns out, many times old owner was a good business man, and there just isn't that much money to be had in the business
2) Cash in reserve so you can last 6 months to a year, if things go south.
3) Do it once, do it right, That means new realestate appraisel, New accountant going over the books, And realestate attorney
