Purchasing a deeded RV lot can be a game-changer for the right type of camper. After all, guaranteed access to your favorite location sounds like a dream, right?
But this agreement isn’t right for everyone.
Before you sign on the dotted line, check out the pros and cons of owning an RV lot.
Let’s dive in!
Tons of RV Lots for Sale Across the Country!
Seasoned campers know just how hard it can be to reserve a spot in a popular RV park. Many folks who return to the same place year after year might benefit from owning one of these coveted lots.
You’ll find many different options that cater to a wide range of needs. For example, Escapees RV Club, the largest in the country, has helped create nearly a dozen SKP Co-Op Parks from the state of Washington to South Florida.
Lots here are reserved for members only, meaning many of your neighbors are bound to have common interests, at least when it comes to the RV lifestyle. They’re also managed and maintained by community members with a stake in the business.
While the SKP Co-Op Parks offer many options, there are also tons of lots for sale through private sellers, as well.
Depending on the park, some include permanent structures like casitas and tiny homes, so you have the best of both worlds. Luxury parks might offer premium amenities like pools, hot tubs, and tennis courts. On the other hand, many economical options are available that include the basics like hookups and a quiet community.
The Benefits of Owning an RV Lot
The opportunity to own an RV lot is one that excited many campers. Here are some of the biggest perks you’ll enjoy if you decide to take the plunge.
Never Hunt for a Campsite Again
Campers who gravitate toward the same destination over and over can really reap the benefits of a deeded RV lot. You’ll graduate from the days of refreshing the reservation page at your favorite destination to snag a spot as soon as it becomes available.
If the idea of securing your campsite fills you with dread, this could be your chance to cash in! Of course, we mean that metaphorically because you’ll definitely shell out for the experience. However, depending on the destination and the park’s amenities, you might end up spending less in the long run than you’d pay hopping from one campground to another.
Learn more about Deeded RV Lots!
Become Part of the Community
When you purchase a deeded RV lot, many of your neighbors will likely be owners, too. Much like moving into a new permanent neighborhood, you’ll get to know the folks who live around you. This sense of community attracts many full-time RVers.
Unlike snagging a spot at any old RV park, people who buy deeded lots are generally more invested in the establishment. They might treat it more like a real neighborhood than folks who don’t have any skin in the game. Because many of these parks have tighter stipulations and better security than other RV parks, you can feel safe in your home away from home.
Deeded RV Lots Can Generate Income
When you’re not camping on your deeded RV lot, you can typically rent it out to short-term visitors. Over time, your lot might even pay for itself! Of course, this will depend on the park’s rules and regulations, so always read purchase agreements carefully before buying.
Find Out How to Decode RV Park Reviews!
The Disadvantages of Owning an RV Lot
Owning an RV lot is a great opportunity for some campers. However, if you’re unfamiliar with the ins and outs of deeded RV lots, you’ll want to know what you’re getting yourself into before signing any paperwork.
You Own Your Campsite, Not the Land It’s On
Deeded RV lots are different from other purchases. While you’ll own the RV lot, you won’t own the land beneath it. That means that if the property owners choose to sell or repurpose the land, you might be out of luck. While many agreements include protocols for this situation, you’ll want to ensure that you won’t get the shaft if the owners should sell.
Additionally, the overseeing entity can put certain restrictions in place that detract from the overall appeal. For example, if you’re stuck paying outrageous HOA-type fees or prohibited from hosting family get-togethers, it might not be what you’re looking for.
Deeded RV Lots aren’t Great for Campers Who Want to Explore
Folks who enjoy the thrill of adventure and exploring new places might feel restricted after purchasing a deeded RV lot. They’re really meant for folks who enjoy seasonal camping in one location. After all, you’ll pay a lot up-front for one of these lots, so you might not have much to work with in the upcoming season if you plan to travel around.
Only Worth It If You Use It or Rent It
You might think that you’ll have it made in the shade when you own an RV lot. After all, it’s just a strip of land! But you might find that it takes more attention than you anticipated.
First, consider maintenance responsibilities like landscaping. Is it included in your monthly fees? Can you pay extra for upkeep, or are you on your own?
Next, it’s critical to know how the rental process works before you make your purchase. Some parks will require renters to book through the main office and take a portion of rental fees. Other places won’t touch the process, so you’ll have to figure it out yourself. In some cases, short-term leases are prohibited outright.
It’s essential to know this information upfront. If you plan to recoup some of your investment through rentals, you could end up in a sticky and expensive situation.
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Is Buying a Deeded RV Lot Worth It?
When you own an RV lot, certain pesky problems will become a thing of the past. You won’t have to schlep through the process of finding a campsite at your favorite destination anymore!
However, other campers will find that it isn’t their cup of tea. Maybe you’d rather explore the rest of the country or simply not have to deal with community politics.
Before making any decisions, be sure to read the fine print and know exactly what you’re getting into!
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