We have been educating RV park buyers for years on the simple maxim that you can NEVER tie up an RV park under contract without 1) a due diligence contingency 2) a financing contingency and 3) no buyer’s specificperformance agreement. It looks like Elon Musk forgot about all three of these principles with his contract to buy Twitter and there are many morals to the story of Musk contracting to buy Twitter.

We all know the value of bonding with sellers to attain the best prices and terms on an RV park. But what about bonding with lenders? In this RV Park Mastery podcast we’re going to discuss the benefit of building a relationship with your lender and some practical pointers to make that happen.

If you’re wanting to by an RV park, don’t forget that you only live once – don’t blow it! Instead of being concerned about entering a new sector outside your comfort zone you should be more haunted by the concept of missed opportunities. RV parks are attainable investments but only if you approach the business of finding good RV park deals in the right way. Here are the five steps required to accomplish this important mission.

Many RV park buyers do themselves a disservice by reading books from the “self-help” section of Barnes & Noble related to “how to negotiate”. These books dwell on the negotiation style known as “win/lose”. But there’s a much more effective style that you should adopt that will allow you to forge great deals much easier and often with added benefits like seller financing and this model is called “win/win”. One is consultative in nature and the other adversarial.