Negotiating an RV park purchase is not about proving that you are smarter than the seller. It is about reaching a price and structure that work for both sides. Push too hard, and the seller may simply walk away. Give away too much, and you may own a property that never produces an acceptable return.
Read MoreEvery RV Park’s success is contingent on the quality of its manager and supporting staff and their desire to hit certain targets. And, as the owner, it is imperative that you understand the psychology and techniques required to make your team put out a superlative performance. In this RV Park Mastery podcast we’re going to review those lessons learned.
Listen To Episode 151Buying an RV Park becomes serious when you put the deal under contract. That contract decides whether you can inspect the property, arrange financing, protect your earnest money, and walk away if the facts do not support the purchase. A good contract does not make a bad deal good, but a bad contract can turn a good opportunity into an expensive mistake.
Read MoreJust as the medical community often checks human health by having a patient undergo a “stress test” to determine at what point their body fails, it’s a smart thing to put the same level of scrutiny on your RV Park deal to make sure it’s strong enough to deliver the investment returns you are seeking. In this RV Park Mastery podcast, we’re going to explore the methods of conducting such a "stress test" on your acquisition target.
Listen To Episode 150
