Chris KoernerSerial Entrepreneur and Content Creator

Cash cow rv parks… #rvparkinvesting #rvparks #realestateinvesting #realestate

3 Apr 2024 · 0 min

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0:27

Chris Koerner (YouTube) describes key properties he looks for when buying RV parks to make them highly profitable. In this short clip he lists three of four requirements: (1) the park should be within city limits to block nearby new competition, (2) it should have under-market rents (often full because rents are too low), and (3) it should have low amenities so the buyer can add amenities and raise rents. The clip frames these attributes as deliberate acquisition criteria to increase cash-flow and upside.

RV parks can be massive cash cows. But they have to have all four of these properties when I buy them. Number one, they need to be within city limits. Why? Because it prevents new competitors from building right across the street. Number two, they need to have under market rents. I don't care if they're full. They're probably full because they're too cheap. Number three of four, they need to have low amenities. Why? Because that means I can add amenities to increase the rents even more.