Tommy Dobczyk explains why RV parks take four years to stabilize, making them risky for most investors. His alternative: convert the land into a gravel staging site instead. It generates cash in three to six months.
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Were you in the deal room today? Right. So yeah, on this one it looks like it'd be a good RV play, but here's the, here's the deal that we know. 4 years to stabilize is not something investors are gonna jump at. So unless you got a lot of your own money to play on this, it ain't a fun play to play on. Right. So keep going down. What does it say here? Smart Pivot is— so your best alternative would be to turn it into a place where the gravel companies could stage. And I know they're down there, you know, and the economics of that, let's look at it. So all that looks pretty good. Pretty decent right there. You can get up and running in 3 to 6 months. Keep going.