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How To Invest In RV Parks ( To A $30M Portfolio! ) w/ Heather Blankenship
FromThe Action Academy | Millionaire Mentorship For Your Life And Business
How To Invest In RV Parks ( To A $30M Portfolio! ) w/ Heather Blankenship
FromThe Action Academy | Millionaire Mentorship For Your Life And Business
ratings:
Length:
47 minutes
Released:
Dec 12, 2023
Format:
Podcast episode
Description
Did you know you can make Millions from RV Parks? Now ya do!Today we host Heather Blankenship (@heatherblankenshipx3) and cover topics such as choosing the right property size, considering exit strategies, expanding the park, diversification, private money lending, and the benefits of starting early in real estate investing. Heather shares her insights and experiences in these areas, providing valuable advice for beginners in the industry.TakeawaysWhen starting out in RV park or mobile home park investing, it is recommended to focus on smaller properties with room for expansion.Consider your exit strategy when purchasing a property, especially if you plan to sell to institutions in the future.The average rule of thumb for RV parks is 10 sites per acre, so it's important to consider the potential for growth when evaluating a property.Diversification in real estate investing can provide stability and resilience, especially in different sectors like tourism and affordable housing.Private money lending can be a passive investment strategy for generating additional income while managing other responsibilities.Starting early in real estate investing can provide the flexibility and financial freedom to pursue personal goals and priorities.To learn more about Heather and her work in RV parks and mobile home parks, visit her Instagram profile @HeatherBlankenshipX3 or her website at HeatherBlankenship.com.Chapters00:00Choosing the Right Property Size41:04Considering Exit Strategy42:00Expanding the Park43:22Diversification and Future Plans44:36Private Money Lending45:58Reflection on Starting Early46:07Where to Find More InformationWant To Quit Your Job, Build Your Own Business, And Travel / Impact The World?Check Out The Action Academy Community / Schedule A Free Intro CallLearn How To Buy Real Estate & Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel & Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben
Released:
Dec 12, 2023
Format:
Podcast episode
Titles in the series (100)
Welcome to The Action Academy! by The Action Academy | Millionaire Mentorship For Your Life And Business