webinar

Author

Chris Koerner
December 03, 2024

Happy Tuesday!

I’m hosting a live webinar for RV park investing tomorrow at 1pm CST. Why?

  1. Bonus depreciation is dropping from 60% to 40% in 4 weeks.

  2. We have 3-4 beautiful RV parks in our pipeline that you can use to take advantage of this, including a new offering near Walmart HQ in NW Arkansas.

  3. Aside from investing in our parks, I’d love to answer any RV/MH park investing questions you may have.

I’ll break it down for you:

If you invest $100k in an RV park on or after 1/1/25, you'll only be able to deduct ~40% of qualifying costs upfront - $40k.

If you invest in an RV park on or before 12/31/24, you’ll be able to deduct ~60% of the asset upfront - $60k.

In case you’re not counting, that’s a 50% higher deduction if done in 2024. And our depreciation is allocated to you, the investor, first.

For a sneak peek of the parks in our pipeline, you can login or create an account in the portal here.

Most of our deals look about like this, with some variations:

- 8 - 10% preferred return, paid out quarterly - we’ve never missed this in our company’s history

- 60 - 70% equity to you, the LP

- That equity drops to either 50 to 60% (deal depending) once a 15% IRR hurdle is met

- $50k minimum, accredited only

- Expected IRR is 20 - 34%, depending on the deal. Usually a 2-3x return on your capital within 3-5 years.

- Most or all of your capital is expected to be returned when we refinance in year 2-4, after which point your equity would stay in the deal for continual returns.

- The exit plan is to sell the whole portfolio at a compressed cap rate in 3-5 years.

- Right now we have about $54m in investor capital across 26 parks worth about $130 - $150m. 2,100+ pad sites

- We also have a fund that takes a slice of every deal we invest in, as some would like their risk more spread out.

Chris Koerner