Real Estate WEALTH Magazine Real Estate WEALTH Magazine - DOWNLOAD IT HERE! | Page 21
STRATEGY
3 OFFBEAT
Investments
to Consider
by Dr. Teresa Martin, Esq.
W
hen most people think of investing
in real estate, homes, mini-malls, or
apartment buildings may come to
mind first. However, that's only the
tip of the real estate investment iceberg. Consider
the following offbeat real estate investing opportu-
nities. These investments can provide a significant
return in the long run and may very well alter your
financial future.
1. RECREATIONAL VEHICLES (RV)
Believe it or not, RV rentals and sales
is a very big market. With baby
boomers leaning into retirement and
young families seeking a way to
lessen their vacation costs, many
people are willing to buy or rent
an RV.
Realty411Guide.com
• If you're hoping to purchase an RV to save money
on your family vacations, keep the RV until it makes
sense to sell it. Make routine cosmetic updates to the
RV throughout the years to match the expectations of
buyers.
• Consider renting out the RV for a profit. The RV rental
market is hungry with renters, but is much undeserved.
You can easily rent out a class C motor home for
7-nights for a minimum of $125 per night! If you're
fully booked every week out of the year, you can earn
$46,000 in just one year!
• For a class A RV you can charge in upwards of $200
per night, or $1,400 for a seven-day week,
which equates to $73,000 over the course of
a fully booked year. Pop-up campers can be
rented for as much as $75 per night - or just
over $27,000 for a fully-booked year. >
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