There are over 8,000,000 RV owners in the U.S. And they all have to stay somewhere. But that's no excuse for not treating every single one as though they are the most important customer in the world. That kind of attitude will propel you to the top of the pile in RV park owners - and reward you with outstanding occupancy and cash flow.
Read MoreMany investors are considering buying RV parks as not only an investment, but as a lifestyle choice. With millions of Americans approaching retirement, a very fundamental concept is combining one's retirement years with one's investment objectives - and this often points to an RV park as the best of both worlds.
Read MoreFor some reason, many people put down the concept of "buying a job" when investing in real estate. Of course, those same people don't consider spending $200,000 to get a law degree "buying a job" as an attorney. Or $400,000 to "buy a job" as a doctor. Every kid in college today is spending $40,000 to $200,000 "buying a job" for when they get out (if they can find one). So why should real estate be different?
Read MoreWith the price of gasoline and diesel fuel approaching $5 per gallon, many RV park owners are getting very concerned about how many guests will pull into their RV park this year. Although RV users are not as susceptible to fuel prices as the average American, due to higher disposable income and more willingness to spend it on their RV trips, it still makes sense to make the guests that come into your RV park stay for more nights. Remember that one RV that stays for four days is the same cash flow as having four different RVs stay overnight. Indeed, one of the best ways to hedge your revenue risk is to have guests stay more nights before moving on. So how do you do it?
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