Probably a stupid question but would it work?

[marg4000]

It is essential that you sort out insurance issues.
Marg

 

[james110]

I reckon it would be damn near impossible to get insurance.

And yeah caravan parks for 400k are very slim on the ground unless you have insider deals!!

 

[S.T]

Here's one for 345k, might need to add a few caravans!

http://www.parkaustralia.com.au/index.php/saparks

 

[james110]

yes but that is only for a lease isnt it?

I am going to pursue this caravan in backyard deal.

Just have to tear up the landscaped Garden

Just a bit worried about the legalities of it.

 

[one world]

yes but that is only for a lease isnt it?

I am going to pursue this caravan in backyard deal.

Just have to tear up the landscaped Garden

Just a bit worried about the legalities of it.

Dodgy is dodgy.

As they say, a fool and his money are easily parted.

 

[james110]

The line between a fool and a genius is very fine.

With 25 per cent returns still reckon it DODGY or GENIUS.


So what your saying oneworld is that you wouldnt do it hey?

 

[james110]

Has anyone else looked into buying a caravan park like Nathan suggested.

Pitfalls etc.....

 

[Elliotte]

Pitfalls are the quality of the tenants in a permanent park. Less effort in a non touristy type park but mostly white trash. I know because I grew up in them. And recently travelling stayed in a few that still have permanents and it hasn't changed. Drugs, mental health issues, pedophiles, violence, all the good stuff you find in the grungy boarding houses too. Some are so bad DOCS and the charities have a set day a week they are there handing out advice and care packages. I know this because my Dad has spent his whole life in them. For my money I'd go a tourist park filled with grey nomads and their own vans although much more hands on work.

 

[james110]

Tourist park was the direction i was going with it