Most RV Park owners lock the doors on their house and turn the alarm on, but unfortunately don’t put anywhere near as much effort into securing their RV Park. In this RV Park Mastery podcast we’re going to review the many ways you can better secure your property and financial future from the ills of the real world.
Listen To Episode 157Welcome 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.
You can work on RV Park deals as much as you want, but it’s all for naught if you can’t get the contract signed. In this RV Park Mastery podcast we’re going to review the methods that help you close deals faster and with more dependability.
Listen To Episode 156An RV Park is simply a parking lot for recreational vehicles. And how you utilize that land and permit can have a huge impact on your net income and asset value. In this RV Park Mastery podcast we’re going to explore potential avenues for many RV Parks that can be more valuable than what they’re doing now.
Listen To Episode 155Salespeople are excellent communicators, and reading their biographies can be very enlightening. I’ve been reading books about great salesmen for decades, and there is much that can be applied to your RV Park. In this RV Park Mastery podcast we’re going to explore some of the best lessons learned from America’s best salespeople.
Listen To Episode 154There are two ways to buy an RV Park: 1) use your money for downpayment or 2) use somebody else’s. And many successful RV Park portfolios have been built on a basis of obtaining “capital partners”. In this RV Park Mastery podcast we’re going to explore what you should look for in a “money partner” as well as what you should avoid.
Listen To Episode 153Many RV Park deals require creativity to piece them together, and two important tools can be the proper use of “escrows” and “earn-outs”. In this RV Park Mastery podcast we’re going to review how this can work to bring both sides together on a mutually successful transaction.
Listen To Episode 152Every 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 151Just 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 150When buying an RV Park, a common dilemma for the buyer is whether or not to keep the existing manager in charge of the property. In this RV Park Mastery podcast we're going to review the methodology to determine whether or not to retain the current manager.
Listen To Episode 149Writing a contract to buy an RV Park can be stressful – particularly if it's your first. But it doesn't have to be that way. In this RV Park Mastery podcast we're going review some practical steps and strategies to produce purchase contracts at low cost and less worry.
Listen To Episode 148Most RV Park buyers simply buy the property, but some instead buy the entity. In this RV Park Mastery podcast we’re going to explore the concept of buying the entity that owns the RV Park as opposed to buying the land and improvements.
Listen To Episode 147In many parts of America, RV Parks are often transitioning from temporary occupancy to permanent. In this RV Park Mastery podcast we’re going to review the American trends resulting in the conversion of many properties from temporary vacation users to full-time affordable housing customers.
Listen To Episode 146Most 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.
Listen To Episode 145One 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.
Listen To Episode 144Many 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.
Listen To Episode 143With 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.
Listen To Episode 142Dependable 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.
Listen To Episode 141While 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.
Listen To Episode 140America 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.
Listen To Episode 139RV 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.
Listen To Episode 138The 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.
Listen To Episode 137There’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.
Listen To Episode 136One 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.
Listen To Episode 135Seller 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.
Listen To Episode 134While 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.
Listen To Episode 133
