Why Buy a RV Lot?

RV ownership is on the rise while the number of RV resorts has not kept pace. This trend is expected to continue as municipalities throughout the United States impose land use restrictions. As a result, owning your own RV lot is a smart move for a number of reasons. Instead of throwing away money on rent, your mortgage payments build equity and may be tax deductible. In addition, your deeded, RV lot can generate income for you if you choose to rent.

Consider this scenario: fifteen years of rent payments vs. fifteen years of mortgage payments. You decide which is best. Hundreds of RV owners have already made the decision to own vs. rent. It just makes sense.

Advantages of Owning Your Own RV Lot

Do the math: It pays to own versus rent. If you rent, you have nothing but rent receipts after 5 or 10 years. And when you own instead of rent, there are never any rent increases. Buying may result in significant gains (although we can’t promise or guarantee that). For example, 20% down on a $36,000 lot = $7,200 investment. If you were to sell at $45,000 (25% appreciation) and pay off the bank, you would get back your original investment of $7,200 plus a $9,000 gain

Tax breaks may be possible on both the property and association dues if you decide to rent out your RV lot.

Timing is everything: Baby boomers are looking to purchase RVs with lots as second homes and RV sales are on the rise with a scarcity of large RV resorts that offer full hook-up sites.

Rental income potential: The resort manages the rental of your RV lot. Income is split 75% for the owner; 25% for management.

Owners have a direct say in resort management.

When compared to the upkeep and man-hours of a cottage, owning your own RV lot saves you time, money, and headaches. The idea is to relax.

Reservations are never needed. When you own your own lot, you are always guaranteed a spot during peak season.