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
I purchased a rv lot just outside of Casa Grande about 7 years ago. My intent was to be able to trade the lot to someone who owned a lot in some other state during the winter months,I pay the electric bill on their lot and they pay for what they use on mine.No other costs involved, this way we get to see other areas and so do they. Could never find a single person who wanted to switch, they said it sounds great but we have friends in the rv park they own the lot in and would miss their friends. I know since the economy dropped home prices it also dropped rv lot prices. I don't think I could recoup my original purchase price even with the improvements I've done. I now rent the lot out and it covers all costs, but I don't see me ever buying another one, I would rent and move on.
