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From $145K to $925K: RV Park Turnaround & Refinance Story | Investor Shed
Nick walks through the full 9-year saga of Big Creek RV Park in Osburn, Idaho from buying a 23-space RV park for $145K with zero experience, through years of bad management, building a bathhouse and laundry from scratch, finding the right on-site managers, and finally getting it to appraise for $925K and refinance out of hard money.
This is the story of the last piece of that $1.85M loss recovery. Now it’s mostly passive: ~$9K/month gross, $4.4K payment, 80-90% occupancy, and Nick spends about 90 minutes a month on it. Real talk on why he skipped background checks, how he structured the…
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