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Old 10-27-2015, 05:23 PM   #71
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More questions: So then you own the lot is that right?

Russell
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Old 10-27-2015, 05:48 PM   #72
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More questions: So then you own the lot is that right?

Russell

Yes I have a deed for the lot. I own it and when the park is 90% sold the park becomes the property of the HOA.
Our reason for buying was that because of my back and neck issues traveling from spot to spot is to difficult so we wanted to be in one spot more often. We still travel but not as much as we had hoped to do. Second because we full time and it gets cold up north we need to be in the south for 6-7 months. Rent and availability were becoming an issue. We just didn't want to spend that much for the parks we wanted to be in. Every time we made a reservation the price went up. We found that a1000 a month seemed to be becoming the norm and we felt we should either find something cheaper or buy where we really wanted to be. So for 3500 approximately we could have the lot we want. They tell me that I can rent the lot for 1600 a month. I'm not sure I believe them but even at 1200 or so I can rent it and it's a 80/20 split. We get 80. So if we decide to go west some year we should be able to rent it and at least break even.
We certainly don't have all this figured out yet and it might not work like I think it will but it's or best foot forward and we will see what happens. The good news is at our weekly meeting they said the part is full January and February.
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Old 10-27-2015, 06:01 PM   #73
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That was my next question: if you could rent it when you chose not to be there. Some of the ones we looked into allowed for a lot to be rented but the office ran the rental program: It was not a rotating rental program. Certain lots were for rent and individual owned.

When people came in to rent them the office allowed the renters to choose which lot they wanted to rent?? Thus maybe certain lots would never get rented. I felt if there were 15 lots that were available for rent they should rent on a revolving basis.

Thus so far we haven't found an ownership program that works for us. We rent a lot now on a yearly basis. Yearly Figures out to be equal to 3.5 months rent.

Russell
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Old 10-27-2015, 06:18 PM   #74
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Very nice ... ... Enjoy
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Old 10-28-2015, 09:55 AM   #75
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Geez, Phil... That IS a high dollar place. I can tell by the pics and also went to the website.

There is an Escapee Club park near Temecula, CA. It looks similar to your place and is about half the price. Now the difference is that Escapee lots are lifetime leases (unless you want to give the lot up sooner). However, when you give it up you get all your lease money back. One or two of the Escapee parks ARE deeded but most are lifetime leases.

But you definitely hit a home run with your park.

Boowho??
You've been to Temecula Boo? That's where we are from, we own a house which we are renting out right now. Didn't know about the Escapee Club there.
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Old 10-28-2015, 10:08 AM   #76
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Very nice place Phil, love the pavers and the wall!
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Old 10-28-2015, 10:14 AM   #77
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Thanks Ben. We had planed to have the wall tall enough to sit in but it's a block or so short. Now that it's in we kinda like it as it is. Our plan and reality seldom mesh.
Hope the Moho is working well for you and your travels are safe.
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Old 10-28-2015, 10:25 AM   #78
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I am very interested in this!! DH and I just retired and I would love a place to go to, in Florida!! Thanks for the info!


XLR Owners United!
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Old 10-28-2015, 10:36 AM   #79
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Phil and Dianna's lot

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I am very interested in this!! DH and I just retired and I would love a place to go to, in Florida!! Thanks for the info!


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If you come down to check it out stop by lot 261. We would love to show you around. Beer is always cold and we almost always have a bottle of wine that needs drinking.
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Old 10-28-2015, 10:39 AM   #80
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AWESOME!!!
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