Re John Herring’s piece in the Aug. 22 issue: 

“Thank you for the awesome letter about storage units as rental property. I love learning about investing in real estate from you.” – KF

“I agree with your friend about contractor warehousing… Recently, I’ve found myself interested in RV parks. Good locations, short stay, eco-friendly, low maintenance. From what I’ve heard so far, they do very well…” – BW

 

My Response: Yes. I’ve heard the same thing. Because of low operational costs, steady rental income, and the fact that the owner can rent out some units as a less expensive alternative to nearby hotels, they seem like a low-risk bet. And I like low-risk propositions.

Here are 10 reasons why RV parks can be a good investment:

And here’s a short video on the pros and cons.