Forum Discussion
DiskDoctr
Dec 29, 2017Explorer
Since you are well experienced with RVs...are you skilled at and interested in fixing up RV's?
If so, that might be your niche. Buy RVs that need something (even if you have just one repair concentration area), fix them up to rent and then sale.
4 options to increase rental profits.
1. Decrease cost
2. Increase value and price
3. Extend longevity after ROI goes black
4. Lump sum resale
Carefully buying fixer-uppers and doing professional repairs can hit all 4, with the option of trading 3 for 4 or vice-versa.
Almost makes you an RV dealer, but with rentals LOL. Could be a good analog when pitching to your insurance company, business partners (CPA/Atty) LOL.
Good luck!
If so, that might be your niche. Buy RVs that need something (even if you have just one repair concentration area), fix them up to rent and then sale.
4 options to increase rental profits.
1. Decrease cost
2. Increase value and price
3. Extend longevity after ROI goes black
4. Lump sum resale
Carefully buying fixer-uppers and doing professional repairs can hit all 4, with the option of trading 3 for 4 or vice-versa.
Almost makes you an RV dealer, but with rentals LOL. Could be a good analog when pitching to your insurance company, business partners (CPA/Atty) LOL.
Good luck!
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