Seller financing is a great way to handle the banking on an RV Park – or it can also be a trap. In this RV Park Mastery podcast we’re going to review the fine points that separate a successful seller carry transaction from an unhappy buyer’s mouse trap.
While RV Parks are often all about temporary housing, a growing trend is for Americans to live in their recreational vehicles full-time. In this RV Park Mastery podcast we’re going to explore the “permanent housing” side of the industry and how it can be an important addition to many RV Parks.
The late Sam Zell was the largest owner of RV Parks in American history – and he was a huge fan of unstable economic times. In this RV Park Mastery podcast we’re going to review what Sam Zell might be saying about this current chapter in America.
Once you have set your goals in buying an RV Park it’s essential that you never relax those standards. In this RV Park Mastery podcast we’re going to explore the correct way to derive your target metrics and then the essential reasons you must never change those, regardless of events.
The RV Park business model is based on the goal of attaining the highest occupancy and revenue possible given the existing location and structure. But not all RV Parks share the same path to achieve this noble purpose. In this RV Park Mastery podcast we’re going to explore how to expand your net income through the careful use of park models.
The most fundamental rule of economics is “supply and demand”. Yet too many RV Park buyers fail to grasp how the single most important factors in your success is simply how easy it is to build another RV Park down the street. In this RV Park Mastery podcast we’re going to review how to determine future supply and why it’s so vital to your long-term profitability.
When you own an RV Park there are seven words that can save you a ton of money: “is that the best you can do?”. In this RV Park Mastery podcast we’re going to explore how you can shave significant money off any vendor interaction – and teach good business skills to your manager – with this one simple question.
Taking chances with the hope of making money is known as “calculated risk”, while doing so with zero hope of making money is simply “reckless”. In this RV Park Mastery podcast we’re going to unlock what these “reckless behaviors” are for RV Park owners and how to eliminate them.
There’s an old saying in business that “first you get on, then you get honest” – and that’s definitely true in the RV Park industry. In this RV Park Mastery podcast we’re going to explore why most RV Park buyers have to take a leap of faith at the beginning and then solidify their position later. We’re also going to review some methods to mitigate your risk when doing so.
Non-Disclosure Agreements are a common part of buying RV Parks, but they have to be properly analyzed to protect your interests. In this RV Park Mastery podcast we’re going to explore the concept of NDA’s, what the risks are, and how to mitigate them.
Every good RV Park contract should allow the buyer to cancel during the due diligence or financing contingencies. But how can you cancel a contract without burning your bridges with the seller or broker? In this RV Park Mastery podcast we’re going to explore some smart methods to give you the power to cancel deals without offending the other parties involved.
In 1982 John Naisbitt published "Megatrends" which referred to forces so strong in the economy that you could not prosper unless you were aligned with them. There are a huge number of "megatrends" at work in the U.S. economy today and in this RV Park Mastery podcast we’re going to review each one and how it relates to this sector.
It can often be a huge shock when you get the seller’s financial numbers during due diligence. And how those align with what they promised you can have some important consequences in your view of the property. In this RV Park Mastery podcast we’re going to explore how numbers alignment can tell you a lot about a property.
If you’re trying to find an RV Park to buy, then one of the most important forces to harness is “volume”. Even average negotiators can come away with great acquisitions if they simply employ the power of numbers. In this RV Park Mastery podcast we’re going to review how you can put together an aggressive campaign to build greater volume of deal flow, as well as why banking on numbers is a well-proven method of being a better buyer.
It’s OK to be proud of being the owner of an RV Park, but you still want to build a firewall to protect your private time. In this RV Park Mastery podcast, we’re going to show you some real-world tricks to maintain your privacy and give you the freedom to be both an owner but also someone who has a happy home life.
Being a deal maker is much more than just looking at RV Parks for sale and making offers. The best purchases often require forging a winning construction through the use of creativity and inclusion. In this RV Park Mastery podcast we’re going to review how to build better deals using your brain and people skills.
When you go to get a loan for an RV Park you can either do it yourself or use the services of a “loan broker”. In this RV Park Mastery podcast we’re going to review the positive attributes to having a real professional obtain your loans and discuss why we use them on all of our deals.
Cold calling RV Park owners is a great way to find deals. But it’s very uncomfortable for those who have not done it before. In this RV Park Mastery podcast we’re going to review some great ideas to reduce your fear of “smiling and dialing” and help you make this an important part of your sourcing of potential deals.
Most forms of commercial real estate are set in stone. You can’t easily convert a factory building into a hotel or an apartment complex into a retail strip center. However, RV parks hold the enviable ability to morph into a number of product lines based on market demand. In this RV Park Mastery podcast we’re going to explore the chameleon - like nature of real estate’s most adaptable business model.
In the RV Park universe there are basically three successful types of partners. But what are they and how do they work? In this RV Park Mastery podcast we’re going to review these three type of partnerships, discuss how you could benefit from them, and explore how to manage them successfully.
