Location Is Everything | Seller Finance RV Park Cashflow

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Pace Morby

Pace Morby

11 ай бұрын

Today we join Pace Morby touring two RV parks outside of Whitefish, Montana and Glacier National Park. The RV parks are a seller finance deal with the seller hoping to leave the self-managed business because they don’t live near by. The beauty of real estate investing is the ability to execute all over the country. Pace explains, the plan with a property like this is to optimize processes to make it as efficient and profitable as possible.
These RV Parks are being purchased by using SubTo on the SBA loan and Seller Finance on the equity.
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZbin video for entertainment purposes ONLY ❎

Пікірлер: 27
@Kingdomconsultinggroup
@Kingdomconsultinggroup
Can we take a sec to appreciate that very quick and witty name from the camera man?
@DanKohan
@DanKohan
I like how you're thinking about the people who will live there and trying to make their experience great. Keep sharing your adventures - they're fun and smart. Can't wait for part two!
@RobertHasty
@RobertHasty
CONGRATS Pace, I'm 3rd week subto student. Been rving for 10 years and would love to get involved in this space eventually.
@vishalamin5017
@vishalamin5017
This just blows my mind everytime.
@ero-rei
@ero-rei
As always great hearing how your brain works Pace, thanks for everything you and your team do
@samanthagaar1308
@samanthagaar1308
So smart! We have traveled to many RV parks around the country, my husband travels for work, and the washers and dryers tend to be terrible!
@ColleenBarkerLow
@ColleenBarkerLow
Awesome information
@mweiss1031
@mweiss1031
The subtitle for this could read - Business Process 101. Love the chat at the end detailing the processes, the tools and the reasons behind them.
@chanelleee.
@chanelleee.
I like the way Pace thinks
@frankcreekmore5477
@frankcreekmore5477
I was just in the kalispell area. Nice area and the people are super nice.
@digisavants
@digisavants
I love it
@c.joelummus8880
@c.joelummus8880
THANKS !
@Michaelwentsomewhere
@Michaelwentsomewhere
Dope
@FlippingMastery
@FlippingMastery
🔥🔥🔥🔥
@katrinaquick8834
@katrinaquick8834
@digisavants
@digisavants
Pace, I gonna find you a deal. Bro you are the truth
@the_Jordan_Reyes
@the_Jordan_Reyes
That is the worst picture of me 😂I look depressed.
@mrethis
@mrethis
When your assuming someone else’s mortgage, taking ownership on the deed but not named on the loan; isn’t this considered a straw purchase? If not, why not? Are you keeping the homeowner on the deed as well as you?
@curtislewis2075
@curtislewis2075
@PaceMorby
@rrurban
@rrurban
$7M paid down over 30 years (with no interest) is $19444/mo. This RV park nets $10k per month. Please explain how this makes any sense whatsoever
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