The stock market had a great run, but it’s clearly out of gas now. CD rates are dropping. And inflation remains around 3%, which means you have to hit about 5% pre-tax to simply keep up with the CPI. And even a 10% cash-on-cash return is not going to get you rich. If you want to hit Warren Buffett-styled returns of 19.8% per year (that’s his average rate of return over his lifetime) you have to get out of your comfort zone and into “alternative” investments. And one of the best are RV Parks.
In this short video, Frank Rolfe talks about RV Park investing and the best way to learn the correct way to identify, evaluate, negotiate, perform due diligence on, renegotiate, finance, turn-around and operate RV Parks.