Loss
I've got a 40 site park, mostly nightly, and I'd been running it with one live on site camp host getting a free full hookup site plus 1,400 a month. On paper she cleaned two bathh…
Loss
I paid 61k for 9 acres about two miles from the entrance to a state park, thinking I'd put in 20 sites eventually and sell nightly stays. Two years later I sold the land for 58k a…
Win
Somebody sent me a ground lease on a small campground to look at as practice, and I want to flag one clause for anyone new, because it took me three reads to see why it mattered.…
Loss
Closed on a 54 site park last spring, 38 seasonal sites and 16 nightly. The seller's package showed 38 signed seasonal agreements at 3,200 for the season, which is roughly 122k of…
Win
This isn't mine on paper. My aunt owns a 26 site campground on a river, an hour from a decent sized city, and she asked me to run the books and the bookings two years ago because…
Loss
I put out a 285k first position note on a 31 site park, 62% of my own value opinion, 24 month term, monthly interest only. It didn't blow up, and I still got it wrong in a way I w…