Siirry offline-tilaan Player FM avulla!
RV Parks: The Hidden Gold Mines of Real Estate
Manage episode 447085089 series 3458497
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:
► 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:
https://getcreativepodcast.com/
PLUG IN & SUBSCRIBE
Instagram: https://www.instagram.com/pacemorby/
428 jaksoa
Manage episode 447085089 series 3458497
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:
► 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:
https://getcreativepodcast.com/
PLUG IN & SUBSCRIBE
Instagram: https://www.instagram.com/pacemorby/
428 jaksoa
Все серии
×Tervetuloa Player FM:n!
Player FM skannaa verkkoa löytääkseen korkealaatuisia podcasteja, joista voit nauttia juuri nyt. Se on paras podcast-sovellus ja toimii Androidilla, iPhonela, ja verkossa. Rekisteröidy sykronoidaksesi tilaukset laitteiden välillä.