Virtually every RV park sold in the U.S. revolves around a mortgage. And there is a certain playbook required to successfully get a loan and maintain a good relationship with your lender. In this RV Park Mastery podcast, we’re going to examine the protocol to obtain a loan, build your lender relationship, and retain the loan upon its renewal.
Listen To Episode 56The June 2022 RV Park Investing Newsletter
The U.S. is clearly heading into an era of “stagflation” which is defined as high levels of inflation coupled with a sluggish economy. The last time America saw this phenomenon was in the 1970s – nearly a half-century ago. But history repeats itself and thanks to some poor decision making in Washington and the impact of Covid-19 on inventory, that appears to be the main economic news for the near term. If you are looking at buying an RV park, you should be concerned regarding how these properties will perform during periods of stagflation. Here are some observations.
Read MoreOne of the big concerns of RV park buyers and owners is the lack of control over revenues as you never know who will be coming and going on any given day. However, extended stay customers offer you a steady cash flow that can really ease those concerns. In this RV Park Mastery podcast we’re going to review what extended stay customers are, how to attract them, and how they can give you greater peace of mind.
Listen To Episode 55