How to Get the Highest Yield of All With an RV Park


by Frank Rolfe

When you ask someone about an investment, the conversation inevitably turns to the return on that investment - always in dollars and cents. Everything is measured in money, only money. 4% returns, 8% returns, 12% returns; it all boils down to how much cash you get back. But what if there was an investment that gave you note one, but two returns. One is financial. But the other transcends just money 'it's satisfaction and pleasure.

The financial rewards of an RV park RV parks, when purchased properly, have yields of 10% to 20% -- not including the appreciation of value of the park that is realized upon re-sale. To put this in perspective, most single-family and multi-family investments have a yield roughly half of that. Only self-storage and mobile home parks have yields as high as RV parks. So financially, RV parks can really produce.

One additional reason that RV parks often have higher yields than many other forms of real estate is that the seller of the RV park will normally carry the financing at a below-market interest rate. That means that an RV park with only average returns can often have those returns enhanced by the addition of a low interest rate on the mortgage.

The bigger rewards of an RV park There's more to life than money. And an RV park can often provide the ingredients to achieve the real nirvana that cash just can't produce.

The first non-cash return is satisfaction of helping others, of a job well done, and making a difference. You get these from an RV park due to the nature of the job - helping others. When a customer checks in to your RV park, they are looking forward to enjoying themselves. Your job is to make sure the park is looking good, that their lot is in good order, and that you can educate them on the many things to do while they're there. When you accomplish this, you feel great because you have done a good job and you are 100% responsible for the favorable stay of your customer. There is satisfaction in being your own boss and not just a cog in a machine - but even that pales in comparison to the rush you great by having happy customers.

How an RV park can provide you with a ton of fun There are many things about owning an RV park that can give you a lot of pleasure. Maybe it's being outside in the fresh air and sunshine. Or maybe it's the fun of multi-tasking several interesting jobs at one time, from fixing a broken golf cart to checking on the pool water. Or maybe it's the interaction with the customers. But any way you cut it, owning an RV park can pay a huge dividend in the form of good old-fashioned fun.

In fact, if you talk to owners of mobile home parks, you will find that one of the first things they talk about is the fun they have with their park.

Why there's more to life than money Money is great. Having money to pay your bills and provide for your retirement is a worthy cause. And building a nest egg for your heirs is equally respectable. But at the end of the day, what really matters is how much enjoyment you had in your life. People will never think twice if you have an extra $100,000 as a result of scrimping and saving and having a horrible time. But you'll sure know it. So you might want to consider making yourself happy.

But if you can have fun and make great money, then why would you not buy an RV park?

Conclusion RV parks produce returns on many levels. First is financial. RV parks yield about 10% to 20% on your investment normally. That's a great return. But they have an even higher yield in the form of personal satisfaction and entertainment. And since you only live once, why would you settle for less?

Of all the forms of real estate - from single-family to industrial - only one has a return in addition to cash . And that's RV park ownership.

If you want to make the highest yield of all, then look into buying an RV park. You'll be very, very happy with the yields, both financially and emotionally.

About the Author

Frank has been involved in all facets of Commercial Investing. His experience includes purchasing and operating over 25 mobile home,RV Parks and Self Storages as an investor, performing "due diligence" on hundreds of other mobile home and RV parks, speaking at mobile home park investing seminars and real estate clubs and telling it like it is! Visit http://www.selfstorages.com for more insights on ivesting in Self Storages.

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