I think we have been lucky enough to stumble onto a good thing here, in that the park we are at are mostly interested in long term tenants in the vans, All 3 of the vans are rented at $200 p/w at the moment by long term people. The land is currently owned by investors who have no short term plans for the area we are in. I am happy with our…[Read more]

What do you know, I was going throught the paper looking for deals of interest (rental value divided by two then times by 1000)  I saw a van for sale for $55,000. Instead of contacting the real estate agent I rang the park to get real numbers (as i don't want to live in the van) He quietly mentioned that there are cheaper options that bring in th…[Read more]

We are looking at this opportunity for cashflow only, not capital gains. We have been in and chatted with residents (long and short term)  and had great feedback.  The park is consistantly full due to workers who need to stay in the area (we have a lot of mine workers, truckies and fruit pickers) The going rate for rent in the park is $200 p/w. W…[Read more]