During the stock market collapse and the resulting Great Depression of 1929, many successful investors fled to Europe to escape verbal abuse and public shaming by those who had lost everything. It was a common theme of F. Scott Fitzgerald novels that would feature rich stockbrokers and investors hiding out in foreign resorts while Americans were standing in food lines. And Covid-19 has created a similar environment in the U.S., in which many real estate sectors are destroyed yet RV parks are actually showing record performance numbers. But, as F. Scott Fitzgerald would also say, “it happened gradually and then suddenly” (The Great Gatsby) and the wheels were in motion on what is happening in America right now years ago, and the Covid-19 pandemic was simply the straw that broke the camels back. It’s all about megatrends – those huge shifts that influence every inch of the U.S. economy. Here is what was already setting the stage:
Read MoreThe August 2020 RV Park Investing Newsletter
Is ten spaces enough? What about 100? What size is essential in buying an RV park? That’s the topic of this RV Park Mastery podcast – an examination of size vs. success in RV park buying. As you’ll see, there are many permutations in the algorithm of correct RV park size and only you can decide the correct answer on many of these. While bigger is sometimes better, that’s not always the case here.
Listen To Episode 8In many parts of America, the number of Covid-19 cases has peaked and is actually going down. Meanwhile, the U.S. government is working aggressively to develop a vaccine to guard against the virus. Whereas the key question in March was “what will Covid-19 do to the RV park industry?” the new question is becoming “what will the end of Covid-19 do to the RV park industry?” So what’s the answer?
Read MoreWe all like to emulate certain people – and one that you should definitely want to be like is your banker. If you can think like a banker, you’ll go far with your RV park career. So why is that important and how do you do it? In this episode of the RV Park Mastery podcast series, we’re going to discuss how smart RV park owners try to mirror the desires of their banker and share the same thought patterns.
Listen To Episode 7ABC News just reported that RV parks are flourishing while all other types of travel and lodging are collapsing.. So why are RV parks doing so well when hotels, airlines, rental car companies and cruise ships are all on the brink of bankruptcy? There are many reasons.
Read MorePlumbers are popular because they deal in subjects that nobody wants to talk about or get involved with, namely the realities of water and sewage. However, for all RV parks it’s a fact of life that one of your most important attractions to the customer is access to working water, sewer and electricity (and let’s not forget internet in some better properties). So how can you make hooking up the utilities easier and more pleasant for both customers and yourself?
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