[{"@context":"https:\/\/schema.org\/","@type":"LiveBlogPosting","@id":"https:\/\/livingpioneer.com\/is-buying-an-rv-lot-a-good-investment\/#LiveBlogPosting","mainEntityOfPage":"https:\/\/livingpioneer.com\/is-buying-an-rv-lot-a-good-investment\/","headline":"Deeded RV Lots: Is Buying an RV Lot a Good Investment?","name":"Deeded RV Lots: Is Buying an RV Lot a Good Investment?","description":"When traveling frequently, do you prefer to visit a mix of RV resorts and campsites in different states? Or do you like to visit the same town repeatedly and often stay at the same RV park every time? If it\u2019s the latter, then you\u2019ll be paying over and over to stay at the same place, […]","datePublished":"2021-04-14","dateModified":"2024-01-11","author":{"@type":"Person","@id":"https:\/\/livingpioneer.com\/author\/pete\/#Person","name":"Pete","url":"https:\/\/livingpioneer.com\/author\/pete\/","identifier":2,"image":{"@type":"ImageObject","@id":"https:\/\/livingpioneer.com\/wp-content\/litespeed\/avatar\/30c83c48d82c080140bb064c7762d28a.jpg?ver=1779859650","url":"https:\/\/livingpioneer.com\/wp-content\/litespeed\/avatar\/30c83c48d82c080140bb064c7762d28a.jpg?ver=1779859650","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Living Pioneer","logo":{"@type":"ImageObject","@id":"https:\/\/livingpioneer.com\/wp-content\/uploads\/2020\/03\/living-pioneer-icon-logo-50x50-1.png","url":"https:\/\/livingpioneer.com\/wp-content\/uploads\/2020\/03\/living-pioneer-icon-logo-50x50-1.png","width":50,"height":50}},"image":{"@type":"ImageObject","@id":"https:\/\/livingpioneer.com\/wp-content\/uploads\/2021\/04\/pexels-pixabay-210288-600x400Basic.jpg","url":"https:\/\/livingpioneer.com\/wp-content\/uploads\/2021\/04\/pexels-pixabay-210288-600x400Basic.jpg","height":400,"width":600},"url":"https:\/\/livingpioneer.com\/is-buying-an-rv-lot-a-good-investment\/","about":["Boating","RVs"],"wordCount":1359,"articleBody":"When traveling frequently, do you prefer to visit a mix of RV resorts and campsites in different states? Or do you like to visit the same town repeatedly and often stay at the same RV park every time?If it\u2019s the latter, then you\u2019ll be paying over and over to stay at the same place, take in the view, and enjoy the amenities at the park.Sure, the swimming pool, gym, and restaurants probably encourage you to go on the road trip.However, at a certain point, you may begin to wonder whether it\u2019s worth buying an RV lot instead of renting by the day? Won\u2019t you save money in the long run?            Table of Contents                                    show                                                Is Buying an RV Lot a Good Investment?                            Can an RV Lot Be Rented to Generate Income?                            Can an RV Lot Be Rented Part of the Time?                            What Factors Make an RV Lot a Good Investment?                            Pet-segregated RV Lots Command a Premium                            Does It Have a Good Sense of Community?                            Other Factors Worth Considering                            Related Articles        Is Buying an RV Lot a Good Investment?RV lots come in many different dimensions.Some are barely large enough to drive your Class A RV or truck with a camper behind it onto the lot.Others are more generously sized and come with permission to make additions like adding a canopy or other extras to make it more pleasant.For retaining the RV lot\u2019s value post-purchase, it depends very much on the location, amenities, and how well the RV park is maintained.If the state experiences highly changeable weather patterns including severe storms, it can impact how often the RV lot can be used for vacationing or with RV lot rentals too.Read Also: How Big is One Acre of Land?Can an RV Lot Be Rented to Generate Income?When wishing to rent the RV lot, it\u2019s best to check with the POA or HOA to confirm that it\u2019s permitted.Not all agreements do so.When it\u2019s allowed, then RV lots come with an approved rental rate for the lot, so it\u2019s not like when renting an apartment or a house you set the rate yourself.The POA\/HOA will levy a rental management fee too. These can range between 10% up to as much as 30 percent at the top end (yes, it\u2019s a wide range).Because of this, when purchasing an RV lot to generate a profitable rental income, this fee should be factored in.As such, potential purchasers must confirm the option for renting the RV lot, any restrictions when wishing to do so, and all the applicable fees related to the activity too.Can an RV Lot Be Rented Part of the Time?Yes, it\u2019s possible to purchase an RV lot and rent it out for RVers on a vacation. Then you can occupy the lot at other times of the year too.Doing this kind of arrangement can help to offset the ongoing ownership costs of the RV lot including insurance, HOA\/POA fees, water, sewer (billed by the local authority), etc.It\u2019s unlikely that you\u2019ll generate free cash flow from the rental income when using it in this manner, but it may reduce or eliminate the ongoing holding cost for the RV lot investment.Also Read: Showering in an RVWhat Factors Make an RV Lot a Good Investment?A prime location can go for hundreds of thousands or in some cases, over a million dollars if the lot is in the perfect spot with unobstructed water access.The location matters a great deal when shopping for an RV lot.When it has an idyllic river or lakefront access with an unobstructed view (which won\u2019t change with subsequent land development), that\u2019s like gold dust.Good water access with a place to store a trailer with a boat, or to take a dip, provide the cherry on top for many RVers or campers.  While waterfront views are the most sought after, RV lots with water views in the distance sell well too.Also, end lots or ones that have natural features around them are popular. They provide a protective border.The amenities at the site, recreational activities, an interesting local area with tourist attractions, excellent shopping malls, and fine dining all score points.Conversely, RV lots on an RV park that lacks some or many of the above features are less attractive and command a lower price. Selling a lot later will be more difficult too.Read Also: Deeded RV Lots: Should You Purchase an RV Lot?Pet-segregated RV Lots Command a PremiumEven when you don\u2019t own a cat, dog, or another pet that travels in your motorhome with you, it\u2019s a good idea to look out for a pet-segregated RV lot.These pet-friendly RV lots are in their own area. This allows pet lovers to have their dogs or cats and not be worried about neighbors who dislike animals with a passion!With an eye to profitable RV lot investment, pet-segregated spots command a premium because not every RV park has them.So, even if you don\u2019t have pets \u2013 but you still like them \u2013 then purchasing a pet-friendly RV lot isn\u2019t a bad idea for land appreciation purposes.If you change your mind about owning a pet later, then a past RV lot purchase won\u2019t stand in your way either.Also, it\u2019ll open up more options when considering renting out the lot because otherwise, you\u2019ll be excluding any pet-loving RV owners. And that could hurt your bottom-line ROI.Does It Have a Good Sense of Community?One of the often-overlooked aspects is who will be your neighbors, and will they offer a good community around you?In terms of pure investment, this may still be important because friendly lot owners look out for one another\u2019s RV lot, especially when on good terms.Also, when you go to eventually sell your RV lot, it may be a question asked by a prospective buyer too.Furthermore, if you\u2019ll be bringing your RV down to vacation there too, then it\u2019s even more essential. People in RV communities are often a tight-knit group, have regular get-togethers, and enjoy each other\u2019s company. This adds considerably to the satisfaction and enjoyment of the RV land purchase.However, it isn\u2019t necessarily something people pay enough attention to before completing the purchasing transaction.  Other Factors Worth ConsideringHere are some other factors worth bearing in mind:RV Park Owner and Management \u2013 They run the RV park and oversee the lot. As such, they have a direct impact on your happiness when spending time there. They\u2019ll also affect any renters too.It won\u2019t be pleasant if finding out too late that they are a real hassle to deal with. Talk with current RV lot owners at the resort to get the unofficial lowdown on the RV park owners and management.  Seasonality \u2013 It is a major factor for renting and vacationing on your RV lot. When it\u2019s not warm enough, it rains too frequently, or the weather can be erratic, then it\u2019s difficult to get enough usable days of the year to make an RV lot pay. Check on the weather and the rental price, to calculate the number of usable days annually and what rental profit is possible with these restrictions.Rent Before You Buy \u2013 One of the best things about RV resorts and buying RV lots is that it\u2019s often possible to rent before you buy! Even if you cannot rent the exact lot, you can stay near to it at the same RV park.Then it\u2019s possible to check out the area, enjoy the amenities, and get a feel for whether you\u2019ll be happy there? It\u2019s best to do that before purchasing to avoid disappointment.Related ArticlesDeeded RV LotsHow Big is One Acre of Land?Why are RV Parks So Expensive?Can Dogs Ride in a Pull Behind Camper?Camping and RVingLeaving Pets in RV"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Deeded RV Lots: Is Buying an RV Lot a Good Investment?","item":"https:\/\/livingpioneer.com\/is-buying-an-rv-lot-a-good-investment\/#breadcrumbitem"}]}]