One RV park may be all you need to retire. That’s the pitch real estate investor Pace Morby presents in his recent video on how he bought an RV that nets $18,000 in monthly cash flow without putting any money down. Morby said that figure is after factoring in expenses, payroll, taxes, and payments to the seller.
Morby’s model involves seller financing, which is easier to obtain for RV parks than residential real estate. He finds opportunities and partners with investors to raise funds for the down payment. That’s how Morby enters these deals without putting down any of his capital and enjoying the cash flow.
