Summary of How to make $15,300 a month from your first RV park?

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00:00:00 - 00:05:00

The presenter in this video discusses how to make a good return on investment from an RV park. He recommends finding a park with a good location and growth potential, as well as acquiring an onsite operator. Finally, he emphasizes the importance of following through with deals.

  • 00:00:00 This individual purchased an RV park for $400,000, and is making $283 on cash on cash return. He advises looking for a park with a good location and good growth potential, as well as a bankable deal.
  • 00:05:00 The presenter discusses how to make $15,300 a month from an RV park. He recommends looking into the average length of stay of past tenants, determining why they're there, and understanding the market surrounding the park. He also advises acquiring an onsite operator for a park, as this is crucial for running it smoothly. Finally, he emphasizes the importance of following through with deals, and recommends never going into a deal without first speaking to an RV park owner.

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