Cancelling Deals Without Burning Bridges
The RV Park Mastery Podcast
by Frank Rolfe
2w ago
Every good RV Park buyer uses a contract that has a “due diligence contingency” and the purpose is to allow you to cancel the agreement if the deal does not meet your expectations. But the art form is to terminate the deal without burning any bridges. In this RV Park Mastery podcast we’re going to review constructive steps to cancelling with the seller without causing hard feelings or being excluded by the broker to look at other deals ..read more
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Really Undestanding Recourse
The RV Park Mastery Podcast
by Frank Rolfe
1M ago
We all know that a non-recourse loan is better than a recourse loan – but is recourse as bad as it sounds? In this RV Park Mastery podcast we’re going to explore the real risks of recourse debt as well as concepts to mitigate it and actually embrace it ..read more
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Due Diligence Comes After – Not Before – You’re Under Contract
The RV Park Mastery Podcast
by Frank Rolfe
1M ago
How much research do you do on the property before you sign the agreement and put it in the title company? While you don’t want to waste your time, the truth is that too many RV Park buyers wait way too long before getting their deal locked up, and that’s a mistake. In this RV Park Mastery podcast we’re going to explore the strategy behind why you need to tie the RV Park up first, and do the diligence later ..read more
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The Pending Power Of Lower Rates
The RV Park Mastery Podcast
by Frank Rolfe
2M ago
It would appear that interest rates are about to begin their descent after the fastest rise in 40 years. Beginning in 2022, Jerome Powell from the Fed decided to take the rates from 0.25% to 5.5%. However, that all appears about to turn and this will usher in some great advantages for RV Park investing. In this RV Park Mastery podcast we’re going to review what these benefits will be ..read more
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Let The Broker Provide And You Decide
The RV Park Mastery Podcast
by Frank Rolfe
2M ago
Brokers have been the source of more than half the deals we’ve purchased over the past 30 years. But one big mistake some buyers make is to look at the broker as more than just the source of the RV Parks they buy. In this RV Park Mastery podcast we’re going to explore the reasons why you should keep all brokers as great resources for deal flow but not turn them into deal evaluators or sounding boards for your turn-around concepts ..read more
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How To Be Inclusive With Your Seller
The RV Park Mastery Podcast
by Frank Rolfe
3M ago
There are many strategies to better serve your goal of forging a deal with the seller, but few are as effective as “inclusiveness”. In this RV Park Mastery podcast we’re going to explore how to make “inclusive” deals and what the net effect can be ..read more
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Seller Note Pressure Points
The RV Park Mastery Podcast
by Frank Rolfe
3M ago
Many RV Parks are sold utilizing seller financing. But on those deals your negotiation does not just revolve around the purchase price – the way you negotiate the seller’s note is just as important. In this RV Park Mastery podcast we’re going to review the key points of negotiation for seller notes ..read more
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What The Success Of Els Suggests About This Sector’s Future
The RV Park Mastery Podcast
by Frank Rolfe
5M ago
Equity Lifestyle (ELS) is a public REIT and the largest owner of RV Parks in the U.S. They recently announced their 2023 earnings and there are some interesting conclusions that can be drawn from them. In this RV Park Mastery podcast we’re going to explore what the ELS financial performance suggests about the future of the industry ..read more
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Understanding How You Get Paid Twice
The RV Park Mastery Podcast
by Frank Rolfe
6M ago
RV Park owners have the benefit of getting paid twice: once with monthly cash flow and then a second time with appreciation in value. So how does this occur and how can you estimate your rate of return with this knowledge? In this RV Park Mastery podcast we’re going to explore why RV Park owners get paid twice and what this means for your investment success ..read more
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Never Pay Managers With Equity
The RV Park Mastery Podcast
by Frank Rolfe
6M ago
You can pay managers a flat rate or include a bonus. But never pay managers with equity in your RV Park. In this RV Park Mastery Podcast we’re going to focus on why giving managers part ownership in your property is never a winning strategy.  ..read more
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