Anyone ever run an RV park or campground?

Longshot, I know. We are considering buying one and would like to hear from anyone regarding pitfalls, pros, cons, etc.

PM would be best. Thanks!

It's not the one in Canon City is it?

RCCrawler on here has experience with those kinds of properties. We were interested a few years ago and I reached out to him but we never ended up actually taking.

Sometimes to evict tenants, you have to call a tow truck.

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Originally Posted by GilpinGuy

Longshot, I know. We are considering buying one and would like to hear from anyone regarding pitfalls, pros, cons, etc.

PM would be best. Thanks!

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My old shop Forman retired to buy and run one in Missouri I can put you in contact

The one off of 46? Rumor is the cop was an AH.

Shoot me details. You know the routes. Might be interested in helping.

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Originally Posted by Irving

It's not the one in Canon City is it?

RCCrawler on here has experience with those kinds of properties. We were interested a few years ago and I reached out to him but we never ended up actually taking.

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Originally Posted by Ah Pook

The one off of 46? Rumor is the cop was an AH.

Shoot me details. You know the routes. Might be interested in helping.

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No, this one is out of state.

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Originally Posted by Ah Pook

The one off of 46? Rumor is the cop was an AH.

Shoot me details. You know the routes. Might be interested in helping.

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is that Base Camp and is it for sale? That place has to be a gold mine. KOA, gas station, liquor store.

If you're new to property management, I suggest you find a local real estate professional that manages properties in that county, buy him/her some lunch and get some inside track on how that county handles things like evictions and other legal processes that you'll be dealing with. You want someone that's experienced it all from broken deals to evictions.
Also, is this a true 'RV Park' or is it a trailer park with long term residents? The latter requires constant management.
Find some other nearby RV Park owners and get friendly. Just stop by and say hi, ask for contact with the manager/owner as a potential peer.
Lastly, the lower rents are the hardest to collect.

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Originally Posted by battlemidget

If you're new to property management, I suggest you find a local real estate professional that manages properties in that county, buy him/her some lunch and get some inside track on how that county handles things like evictions and other legal processes that you'll be dealing with. You want someone that's experienced it all from broken deals to evictions.
Also, is this a true 'RV Park' or is it a trailer park with long term residents? The latter requires constant management.
Find some other nearby RV Park owners and get friendly. Just stop by and say hi, ask for contact with the manager/owner as a potential peer.
Lastly, the lower rents are the hardest to collect.

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Actual RV park/campground. Not a trailer park.

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Originally Posted by GilpinGuy

Actual RV park/campground. Not a trailer park.

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I'd start at the main money issue. Insurance. Who cover them, what is or is not covered, etc. A lot of people look at the potential income versus actual monthly expenses. A liquor store on site will run more insurance wise than 1 w/out