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What are boomers spending their money on? (alien.top)

submitted 1 year ago by Natural-Ad9334@alien.top to c/entrepreneur@indiehackers.space

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Curious as to what industries are poised to benefit in the near-long term.

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[–] Henrik-Powers@alien.top 1 points 1 year ago (6 children)

RVs, and storage for them, huge increase since covid. We bought a 4.5 acre property zoned for outdoor storage and are in the process of building out the property with a mix of covered and non covered parking. $3.5m investment that will net $40-50K a month once filled.

[–] Aggressive-Song-3264@alien.top 1 points 1 year ago

Never could understand RV's too big for realistic long term travel, and a pain in the ass. I am young but actually liked the looks of a volkswagen van's that hippies would be seen driving in. Closest now feels like a utility van. Drop a bed in there, place to store water and some mobile gas stove, and your off.

[–] redditette@alien.top 1 points 1 year ago

I have been planning on starting an RV park for the same reason. I hate to say it, but as younger people are being priced out of rental options, quite a few are moving into travel trailers full time.

[–] Main_Chocolate_1396@alien.top 1 points 1 year ago

Rent out those stored RVs to the locals and you're on to something!

[–] MagicBoomerang@alien.top 1 points 1 year ago

4.5 acre property zoned for outdoor storage in Seattle? Do you care to share the neighborhood? Lynnwood?

[–] laxc0@alien.top 1 points 1 year ago

How did you put $0 down for this? Where does the financing come from?

[–] Nolds@alien.top 1 points 1 year ago

Can I ask how you secured a 3.5m loan with no money in?