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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.

Hard Money Vs. Bank Debt Vs. Capital Partner: Episode 45

Money is money, but how you get it can have differing impacts. Whether bank debt, "hard money” or finding a capital partner, your selection can have a huge impact on your quality of life and ultimate profitability. In this RV Park Mastery podcast we’re going to explore the options to pay for RV parks, and what the good and bad aspects are to each.

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Where The Really Good Deals Are: Episode 44

There are RV park deals, and then there are really good RV park deals. So where do you find those? In this RV Park Mastery podcast we’re going to review the sources of deals and sort them into the categories of quality of the deals they originate, as well as to review why exactly that is. There may be some methods to find good RV parks that you are currently underutilizing.

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What Does Opportunity Look Like?: Episode 43

RV parks with the most potential all have a certain look. And when you see that “look” you need to heighten your push to get it under contract. In this RV Park Mastery podcast we’re going to review what a good deal looks like and what those symbols represent. A sign of an effective RV park buyer is the ability to spot great

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Do You Really Have The Passion?: Episode 42

Warren Buffett once said “without passion you don’t have energy, and without energy you have nothing”. Do you really have the passion for buying an RV park? In this RV Park Mastery podcast we’re going to discuss what passion really is, how to harness it, why you can’t fake it successfully, and how most of the top RV park owners share similar passions.

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Daily, Weekly, Monthly, Annually – Why Not All Four?: Episode 41

Today’s RV park breaks the boundaries of those of the past – but in a positive way. No longer do many RV parks simply offer one type of service, but a range of options that have different levels of recurring revenue. In this RV Park Mastery podcast we’re going to discuss the different ways and frequency of collecting revenue, and how you can harness this new playing field for greater and more consistent income.

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Raising Capital For Down Payments: Episode 40

The old adage “it takes money to make money” is true in real estate as most properties require some form of down payment. And if you don’t have the needed funds, what can you do? In this RV Park Mastery podcast we’re going to review the methods of raising capital to buy RV properties from investors as well as lessons learned on the right and wrong way to approach this important topic.

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Thoughts On Extending Your Season: Episode 39

The advent of winter causes some RV park owners to be sad and others happy – depending on whether your property is in the north or the south. But there are concepts out there that allow any RV park owner to extend their season and have revenue year-round. That’s the topic of this RV Park Mastery podcast. All of the concepts we’ll discuss are low-risk and time-proven – you have nothing to lose and everything to gain.

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Everything Old Is New Again – The Return Of Glamping: Episode 38

Glamour camping is called “glamping”, and it has its roots in 16th century Scotland when the Duke of Atholl built luxurious tents to entertain King James V. Today’s version is focused on providing an upscale experience in the outdoors, and RV parks are the center of this travel offering. In this RV Park Mastery podcast we review what “glamping” is all about and how you might introduce it into your property’s list of options.

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Is RV Park Investing Too Good To Be True?: Episode 37

It’s a generally valid observation that much of what looks too good on the surface turns out to be much worse in reality. If you’re thinking that RV park investing fits this bill, then there are two problems: 1) you are being unrealistic on this investing option and 2) you are not paying enough attention to the risks associated with buying the wrong RV park. RV park investing – like all real estate sectors – has good and bad attributes.

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Simple Steps To Managing Your Manager: Episode 36

Every RV park must have a manager, yet many owners don’t put nearly enough thought or strategy into getting the most out of these individuals (or even to monitor their performance at all). In this RV Park Mastery podcast we’re going to review some simple steps to aid in your selection and oversight of this vital part of your team.

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The Power Of Harnessing Customer Feedback: Episode 35

Your customers are the life’s blood of your business. But many RV park owners are missing out on the opportunity to fully understand the feedback from these consumers. In this RV Park Mastery podcast we’re going to review some simple, business-changing methods to harness the power of feedback to move your business in the right direction and increase your customer satisfaction and, as a result, your revenue.

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The Problem With Overnighter Properties: Episode 34

There are different types of RV parks, but one of the most unusual is the “overnighter” which is basically just a parking lot for RVs stopping for the night on the way from Point A to Point B. In this RV Park Mastery podcast we’re going to discuss the unique attributes of this type of property and what you need to watch out for.

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Why Bankers Love Pessimists: Episode 33

Getting an RV park loan is an essential part of the acquisition process. You may be excited about your deal, but that enthusiasm can sometimes be the wrong approach in getting a loan. The issue is that bankers love pessimism. But why is that? In this RV Park Mastery podcast, we’re going to explore why bankers get turned on by negative people, and how to harness this energy is crafting an even better loan package for the lender.

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Trees 101: Episode 32

There’s a new movement to embrace trees from a green environment perspective. But RV park owners have treasured trees long before ecology became a hot topic. In this episode of the RV Park Mastery podcast we’re going to talk all about trees and how to manage them correctly.

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Successfully Structuring Partnerships: Episode 31

Webster’s defines “partnership” as “a pair of people engaged together in the same activity”. But as simple as that sounds, there are some concrete steps to take in structuring these relationships. That’s the topic of this episode of the RV Park Mastery podcast.

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An Update On The Art of Negotiating: Episode 30

Negotiating RV Park deals is an art. And a science. And if you’re not competent in this skill, you’re never going to realize your full potential. The good news is there are some basic laws of negotiating, and much that you can to do stay in practice. In this RV Park mastery podcast we’re going to review what’s new about negotiating, and check in on what tips can make you a better negotiator.

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Making A Low Offer Without Being Insulting: Episode 29

Many sellers avoid making low-ball offers out of fear of insulting the seller. That can often mean you’ll miss out on great deals because you didn’t take the shot. In this RV Park Mastery podcast we’re going to go over the methods to make low offers without insulting sellers and to forge win/win deals that will make both parties satisfied.

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When Should You Start Refinancing?: Episode 28

Getting a loan is stressful, and many borrowers put it off too long. In this RV Park Mastery podcast we’re going to discuss the correct timetable to finding a new loan when your current one is expiring. Since real estate requires leverage to maximize return, it’s important that we all understand and respect the lending system and how to approach it in a smart manner.

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No Pain No Gain: Episode 27

Teddy Roosevelt once said “nothing in the world is worth having or worth doing unless it means effort, pain or difficulty”. While Roosevelt never owned an RV park (although he did enjoy camping), his thoughts are as accurate today as they were over a century ago. In this RV Park Mastery podcast we’re going to explore the correlation between effort and progress and isolate what areas you should apply the most effort to.

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What Happens When A Seller Refuses To Share Their Tax Returns?: Episode 26

While every RV park owner files an annual tax return, some refuse to share those with the potential buyer and their lender. So what happens when the RV park owner refuses to provide these important documents? In this RV Park Mastery podcast, we’re going to review the impact of lacking tax returns when buying a property and how to use that as a tool to perhaps forge a better deal.

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The Dangers of Bad Employees: Episode 25

In a modern America there is nothing more dangerous from a liability perspective than having employees. While they can create value, they can also be a toxic danger to your business. In this RV Park Mastery podcast we’re going to discuss the perils of having bad employees and the damage they can do to your business, as well as strategies to mitigate this risk.

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Understanding The Impact of Inflation on RV Park Investing: Episode 24

There is continual talk of greater inflation on the horizon, which then begs the question “what would the potential impact be to RV parks?” In this RV Park Mastery podcast we’re going to review what inflation would do to RV park investing – both good and bad – and what investors can do to mitigate the risks. With the government continually printing more money, it’s a topic that should be on all RV park investors’ minds.

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Lessons Learned From Failed RV Parks: Episode 23

Most RV parks are successful, but there are some that just don’t work out for any owner. So what are the attributes that make an RV park a loser, and can those be fixed? That’s the topic of this RV Park Mastery podcast. We’re going to explore what qualities make RV parks too dangerous to handle, as well as strategies to mitigate those risks.

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Understanding Mom And Pop Sellers: Episode 22

Many of the best RV park deals involve sellers who are the original builders of the RV park – and these are commonly known as “mom and pops”. But what makes them unique and what do you need to know about working with this select group? In this RV Park Mastery podcast we’re going to review the typical attributes of mom and pop sellers, and how to position yourself as a buyer for maximum success.

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Options For Greater Income Stability: Episode 21

With the demand for RV parks so strong, many owners are taking advantage of the unparalleled demand to create new streams of income – some of which offer superior stability. In this RV Park Mastery podcast we’re going to explore the best of these ideas and how any RV park owner can create a strong stream of income with some creative methods to harness the demand for all-things RV.

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