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The RV Park Mastery Podcast

Welcome to the RV Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate RV parks! Your host is Frank Rolfe who, with his partner Dave Reynolds, has ranked as high as the 5th largest mobile home/RV park owner in the United States.

Buying From Bigger Owners: Episode 145

Most RV Park buyers consider any property owned by a large company to be “off - limits”, but the truth is that good buys can be derived from big players in certain circumstances. In this RV Park Mastery podcast we’re going to explore the methods and situations that making buying from larger owners attainable.

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How To Survive "Deal-Killing" Attorneys: Episode 144

One of the worst members of the legal profession is the attorney known as a “deal killer”. They walk the earth bringing nothing but misfortune and lost opportunities to the real estate industry – and sometimes they show up in RV Park deals. In this RV Park Mastery podcast , we’re going to review the standard methods of disarming this type of human roadblock.

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Good And Bad Things About Partnering: Episode 143

Many RV Parks are owned by partnerships – two or more individuals who get together to buy and operate a property. But is that the right fit for you? In this RV Park Mastery podcast we’re going to review the positive and negative attributes of partnerships.

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All About Mowing: Episode 142

With the advent of warmer temperatures comes the responsibility of mowing your RV Park. But who should you hire to do it and what should it cost? In this RV Park Mastery podcast we’re going to review the correct methods and strategies to get ready for mowing season.

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How To Create A More Stable Revenue Stream: Episode 141

Dependable income is always desirable, yet many RV Park owners are missing out on some proven methods to make cash - flow something you can count on each month. In this RV Park Mastery podcast we’re going to explore some methods of fine - tuning your occupancy to make sure that fixed costs and mortgages can be covered with ease.

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Why Seasoned Investors Get Beaten By "Newbies": Episode 140

While many new RV Park investors are self - conscious until they have that first property under their belts, the truth is that the “newbie” investor has certain advantages over the seasoned players. In this RV Park Mastery podcast we’re going to unlock the strengths of being new to RV Park investing and why fresh investors often beat out their more professional adversaries.

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Megatrend Teflon: Episode 139

America is filled with a plethora of massive shifts in consumer sentiment, demographics and economic cycles, all of which were labelled “Megatrends” back in the 1980s. However, RV Parks have the advantage of escaping the wrath of the most damaging of these shifts, while benefitting from virtually all of the good ones. In this RV Park Mastery podcast we’re going to explore how this occurs.

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The Low Capital Playbook: Episode 138

RV Park buyers all have different financial conditions and down-payment restrictions, but the good news is that there are methods to buy RV Parks with very low – or no – capital required. In this RV Park Mastery podcast we’re going to review the methods of buying RV Parks with lower amounts of money at your disposal.

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How To Approach High-Risk-High Return Deals: Episode 137

The late Sam Zell – the largest owner of RV Parks in the U.S. – often said “when a deal has low-risk and high-reward you should always buy it, when a deal has high-risk and low-reward you should never buy it, and the only deals you need to think about are high-risk/high-reward ones”. In this RV Park Mastery podcast we’re going to explore how to properly analyze high-risk/high-reward deals.

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How To Overcome Buying Jitters: Episode 136

There’s a fear factor to doing something you’ve never done before, and that’s only natural. But if your cold feet are holding you back, that can ruin our life financially. In this RV Park Mastery podcast we’re going to review constructive methods to fight your fear when buying an RV Park.

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All About Direct Mail: Episode 135

One of the best ways to find an RV Park to buy is by sending out direct mail campaigns to current owners. In this RV Park Mastery podcast we’re going to review time-tested methods to make these more productive and some of the main lessons learned on how to build an effective mailer.

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The Seller Carry Mouse Trap: Episode 134

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.

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Are Fifth Wheels And Travel Trailers The Homes Of The Future?: Episode 133

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.

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What Would Sam Zell Say Right Now?: Episode 132

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.

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Never Relax Your Standards!: Episode 131

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.

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The Role Of Park Models: Episode 130

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.

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Understanding The Supply Side: Episode 129

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.

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"Is That The Best You Can Do?": Episode 128

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.

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Avoiding Reckless Behavior: Episode 127

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.

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"First You Get On, Then You Get Honest": Episode 126

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.

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All About NDA's: Episode 125

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.

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Cancelling Contracts Without Burning Bridges: Episode 124

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.

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Megatrend Power: Episode 123

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.

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When Numbers Don’t Align: Episode 122

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.

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The Power Of Volume: Episode 121

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.

Listen To Episode 121