RV Park Investing 101

[@CommercialPropertyAdvisors]

Every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program/

[@officialnikkiswisher]

This is the #1 investment. I’ve been an appraiser for 26 years and I owned a marketing agency and other businesses. Don’t sleep on this. Everyone is looking at multi family when you should be looking at this niche. Untapped but institutional money will move in. This niche is the next storage unit boom.

[@JdhMT92]

I’m in CRE appraising too! Specialized in RV parks, MHP, glamping resorts, and short term rentals. I’ve seen an explosion of new developments over the last couple years. I’m a GP on my first Rv park development right now.

[@MaddyIndia]

Very simple and complete guide. Gave me a good idea of what the business entails of, thank you!

[@Langedechuu]

Peter, I just wanna say thank you for this video. Your previous videos have helped me get my first complex under contract now I’m working on a mobile home investment for a client. Thank you so much.

[@CommercialPropertyAdvisors]

Fantastic!

[@timothyallan4540]

Mannn this brother is right on time!!

[@CommercialPropertyAdvisors]

Thanks!

[@stevemclaughlin9436]

I have a couple duplexes but I’m definitely a beginner to RV park investing.

[@Dope_Digital]

Yall need 10-50k to work with CPA. They base leads on a mailing campaign. So ongoing marketing expenses are up there. They have a good online software program to calculate income and expenses as well as a messaging system to their team for questions. You can keep track of deals and their statuses as well. Their team can see your deals and how to navigate them. There are several conferences during the week at set times and youre able to listen to old calls as well. Decent program but not cheap.

[@BUILDYBUNCH]

Great tips and recommendation. A+ thanks

[@gabriellehollis9081]

You are such a trustworthy respectable wealth of knowledge, and are very much appreciated!

[@CommercialPropertyAdvisors]

Thank you for those kind words!

[@marshallse31]

Great video and advice !

[@CommercialPropertyAdvisors]

Thank you!

[@OutlawFinance5]

Great info. Thanks for taking the time to share your knowledge

[@CommercialPropertyAdvisors]

You are welcome! Happy to help.

[@PatrickdaStarr]

Thankful I found your videos. Thank you for all the knowledge.

[@CommercialPropertyAdvisors]

You are welcome! Glad it was helpful.

[@melsolomon8256]

What do you think about a RV parking lot rest stop situation. Where people can pull in for a few hours do some laundry, take a shower, buy some supplies, stretch legs, eat lunch, and rest on there way to their destination.

[@naranpgmglobal4267]

Hello Peter am in Los Angeles and am interested in the RV Park, This is over 2 years am following you Thanks

[@pilot41186]

Sure you are with ur terrible english

[@esthert643]

Thank you

[@CommercialPropertyAdvisors]

You're welcome

[@RawDawgAaron]

How do you increase the value Peter? How do you figure out if its undermarket value?

[@CommercialPropertyAdvisors]

Value is increased when NOI is increased. Under-market price is determined based on several factors, from Pro Forma potential to market cap rate relative to deal cap rate.

[@lun4tiq28]

Sorry but im gatekeeping you until i get this business off the ground you're way too awesome

[@kr9517]

❤❤❤❤

[@carlbrucecaver2615]

RV pArks 10:04

[@lukegraven7839]

Is it like mobile home Park investing where owner finance is common? Do you ever buy a RV park owner finance and then after possibly two or three years receive bank financing? I’m looking at an RV park to owner finance for a couple years and then do a traditional bank loan.

[@CommercialPropertyAdvisors]

It's very common to start with owner financing and then refinance a few years later.

[@lukegraven7839]

@@CommercialPropertyAdvisors thanks for the response. How long do they hold the property with owner finance before they refinance with a bank? Two years, three years, more?

[@CommercialPropertyAdvisors]

@@lukegraven7839 3 years is most common but the longer, the better!

[@lukegraven7839]

@@CommercialPropertyAdvisors thank you Sir. You could teach a class on how to get owners to be okay with owner financing...it's a touchy subject but can be a win win.

[@CommercialPropertyAdvisors]

@@lukegraven7839 Touchy subject? We haven't experienced that. Some seller PREFER owner financing! Getting sellers to accept owner financing is easier as the size of your down payment goes up.

[@RiseUp_Grow_Learn]

I just acquired 29 acres of raw land free and clear. I am interested in doing an RV park or something that is cashing flowing that I can use this land for. I am open to ideas and help. Thanks!

[@josephwilliams6328]

HEAR HEAR

[@kindcam]

You keep saying “amiss” instead of “remiss”

[@officialnikkiswisher]

RV park IQ I think is a data grabber… I wouldn’t be putting any address in a database. They just want to buy the land before you do I bet. Absolutely not with all due respect.

[@fortunebuyers9907]

First