BiggerPockets | 10 Streams of Income from ONE RV Park Investment (Makes Millions!) @biggerpockets | Uploaded July 2024 | Updated October 2024, 21 hours ago.
Episode #988
Pre-Order Heather’s New Book, “Real Estate Campgrounds”:
store.biggerpockets.com/products/real-estate-campgrounds?utm_source=youtube&utm_medium=description&utm_campaign=none
Episode Show Notes: link.chtbl.com/BPRE
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
See Dave and Henry at BPCON2024 in Cancun!
biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none
Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About w/Heather Blankenship:
biggerpockets.com/blog/real-estate-650?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Heather:
biggerpockets.com/users/heatherb142?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Dave and Henry:
Dave: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
Henry: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
Heather Blankenship has made $10,000,000 alone from just one RV park investment. She got into it with no money and zero experience. While pregnant with her first child, Heather answered the phones, paid the bills, laid mulch, and slept on the office floor, working long days and longer nights to do anything she could to keep the campground running. Over a decade later, she has a $30,000,000 portfolio, with her first campground worth almost half that amount. How did she do it, and can you repeat her same investing strategy?
In her new book, “Real Estate Campgrounds,” Heather dives into the almost unbelievable streams of income you can create from just one campground or RV park investment. In today’s show, she shares the different ways you can make money (and cash flow!) from your first campground investment, what to know before you buy, and how rental property owners can transition from single-family or multifamily rentals to campground investments.
We also bust some myths that have probably stopped you from investing in this lucrative asset class before. Do you need a ton of money? Nope. Do you need a HUGE campground? Not really. Should you have hospitality experience? Maybe. Heather started with ZERO real estate investing experience and now is a campground multimillionaire! Want to follow in her footsteps? Don’t miss this episode!
00:00 Intro
02:17 Campground Investing 101
07:36 10 Streams of Income!
09:37 Making $10M on ONE Park?
13:21 Know BEFORE You Buy
19:00 From Rentals to Campgrounds
23:17 Campground Investing Myths
33:51 Regulations and Local Laws
35:38 Common Campground Pitfalls
39:42 Grab Heather’s New Book!
Episode #988
Pre-Order Heather’s New Book, “Real Estate Campgrounds”:
store.biggerpockets.com/products/real-estate-campgrounds?utm_source=youtube&utm_medium=description&utm_campaign=none
Episode Show Notes: link.chtbl.com/BPRE
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
See Dave and Henry at BPCON2024 in Cancun!
biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none
Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About w/Heather Blankenship:
biggerpockets.com/blog/real-estate-650?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Heather:
biggerpockets.com/users/heatherb142?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Dave and Henry:
Dave: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
Henry: biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
Heather Blankenship has made $10,000,000 alone from just one RV park investment. She got into it with no money and zero experience. While pregnant with her first child, Heather answered the phones, paid the bills, laid mulch, and slept on the office floor, working long days and longer nights to do anything she could to keep the campground running. Over a decade later, she has a $30,000,000 portfolio, with her first campground worth almost half that amount. How did she do it, and can you repeat her same investing strategy?
In her new book, “Real Estate Campgrounds,” Heather dives into the almost unbelievable streams of income you can create from just one campground or RV park investment. In today’s show, she shares the different ways you can make money (and cash flow!) from your first campground investment, what to know before you buy, and how rental property owners can transition from single-family or multifamily rentals to campground investments.
We also bust some myths that have probably stopped you from investing in this lucrative asset class before. Do you need a ton of money? Nope. Do you need a HUGE campground? Not really. Should you have hospitality experience? Maybe. Heather started with ZERO real estate investing experience and now is a campground multimillionaire! Want to follow in her footsteps? Don’t miss this episode!
00:00 Intro
02:17 Campground Investing 101
07:36 10 Streams of Income!
09:37 Making $10M on ONE Park?
13:21 Know BEFORE You Buy
19:00 From Rentals to Campgrounds
23:17 Campground Investing Myths
33:51 Regulations and Local Laws
35:38 Common Campground Pitfalls
39:42 Grab Heather’s New Book!
