Sunday Oct 27, 2024

RV Parks: The Hidden Gold Mines of Real Estate

Welcome to a new episode of Get Creative! In this episode, dive deep into the world of creative finance in the RV park industry. Learn how a single RV park generates significant cash flow through innovative financial strategies, including a detailed breakdown of a $1.4 million cash deal involving community funding, seller finance struggles, and a hybrid deal structure. Discover the potential of RV parks as high-return investments and the intricacies of managing and upgrading such properties for maximum profitability.

Highlights:

"This single park produces enough cash flow that can kill just about any job I've ever seen."

"This park generates about $25,000 a month."

"My net cash flow on this property every single year will be somewhere around $70 to $80,000 for our first year."

"It's like 80% of every park I've ever talked to, the person who is managing the park on a day-to-day... They're basically living here just for the rent and the utilities."

Timestamps:

0:00 - Mountain View RV Resort: A Job Killer

1:22 - Creative Finance and Community Funding

2:43 - Park Acquisition and Renovation Plans

3:59 - Management and Labor Strategy

5:26 - Finding the Deal and Community Meetups

7:36 - Long-Term Rental Strategy

9:37 - Value Add and Future Plans

► Join The Subto Community & Learn Creative Finance Directly from Pace:

https://paceapproves.com/subto-gc

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

RV Parks: The Hidden Gold Mines of Real Estate

Comments (0)