The greatest return on investment for investors right now is RV parks. With summer on the way, the rising housing costs, and the push for people to be away from crowded city life, RV park opportunities are popping up everywhere, from coast to coast. The question is, how does an investor get started?
RV Park Investing is a billion-dollar industry. Knowing how to start a booming RV park business depends on many factors – location, acreage, amenities, and nearby attractions. Also, knowledge of navigating small business structuring, zoning, licensing, and other local, state, or federal requirements.
Here is our quick checklist to begin investing in RV parks:
- Create a Business Plan
- Choose Your RV Park Structure
- Determine Your Business Costs
- Create a Business Name
- Register Your Business and Open Financial Accounts
- Purchase Equipment for Your RV Park Business
- Market Your RV Park Business
Beginning with these first seven steps should help simplify your journey to investing in RV Parks and set forth a guide to success!
At Lumicre, LLC, we specialize in assisting investors in purchasing a new or expanding a current RV park development. Contact our expert RV sales investment team today to learn how we can help you reach beyond your goals with a personalized plan to meet your needs. Our proven strategy to success has helped hundreds of investors, no matter their experience in buying and selling land.
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