Here’s How You Can Earn $200,000 per Year Renting Dirt, According to a Real Estate Expert

Here’s How You Can Earn $200,000 per Year Renting Dirt, According to a Real Estate Expert

Marc Guberti

Sun, February 22, 2026 at 6:55 PM GMT+9 4 min read

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.

Some RV Owners Want To Retire

Seller financing is a critical part of Morby’s model, and he knows how to find RV owners who will agree to that model. He looks for people who have owned an RV park for more than 15 years and have only one RV park. These are the types of people who don’t want to expand their real estate portfolios and may be thinking about retirement.

Older RV park owners may be happy to hand off landlord responsibilities like management, tenant issues and marketing for monthly payments. It turns into passive income for the former property owner while giving Morby the opportunity to enhance the property.

The opportunities vary with each RV park. The previous owner may have kept the rent the same for the past five to seven years, which would give Morby the flexibility to raise prices. There may also be an opportunity to expand the RV park, which is especially desirable if it has a long waitlist. For the RV park highlighted in Morby’s video, the former owner collects $15,000 to $20,000 per month while doing nothing.

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Get Ideas From People on the Site

Morby has invested in several RV parks and knows how the process works, but he still speaks with people in the RV park to understand how he can improve it. His RV park manager runs the entire place, which allows Morby to work remotely. He didn’t see the property until several months after the deal went through, and his manager offered several suggestions to improve the site.

Her suggestions were to offer awnings, add a dog park and expand the park to include 40 additional units. All three of these options allow Morby to earn more money with his RV park. While it’s great to buy real estate if you can make the finances work, Morby likes to reinvest in each property to boost long-term cash flow.

Morby also spoke with tenants to get an idea of how much extra they would pay for an awning and why it can be a valuable addition to his RV park. Awnings can also be profitable. Morby walked through the numbers and said that it costs $6,000 for an awning, but that same awning can boost his cash flow by $200 per month. An awning pays for itself after 30 months, and then it’s extra cash flow the rest of the way.

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Don’t Overleverage Yourself

Morby doesn’t rush into real estate deals just for the sake of it. Most people just need one RV park to retire, but Morby needs multiple properties for his lifestyle. He knows this, but he still keeps it safe with his cash flow and scaling.

He doesn’t take any cash distributions during the first year, so he can gauge busy seasons and slower cycles. He has a Montana RV park that only does well in the summer months and makes 80% of its revenue in five months. He took cash distributions during those months and was unprepared when winter came, and his revenue dwindled. He learned from that time and doesn’t touch any cash flow during the first year.

After that first year passes, Morby feels more comfortable reinvesting his cash flow into property improvements that translate into higher long-term earnings. He only considers buying another RV park after he has improved and expanded his current RV park. Then, he can use higher cash flow to pursue the next deal. He believes investors should reinvest before diversifying.

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This article originally appeared on GOBankingRates.com: Here’s How You Can Earn $200,000 per Year Renting Dirt, According to a Real Estate Expert

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