Learn to Find, Analyze, Fund, and Submit Offers on RV Parks in Just 6 Weeks Like Our Past Bootcampers!
Scroll down to see their highlights and interviews!
Sebastien
Offer ACCEPTED!
Current sites: 41 but permitted for 60 for expansion
Net Operating Income: $160,000 per year
Net Income (After Debt Service): $60,000 - $70,000 per year
Cap Rate: Slightly over 10%
Cash-on-Cash Return: Over 20% initially, can improve to 30% with planned expansion
Zach
2 Offers SUBMITTED!
Offers made: One in Florida and another in Texas
Details: Both offers fell through because Zach knew how to accurately evaluate the parks and stood by his offer
Zach’s plan: Focus on placing more offers in his desired market
Post-Bootcamp Mindset: "If I say I'm going to buy an RV park, there’s no stopping me. We're going to buy an RV park. That's just all there is to it."
Michelle
Offer ACCEPTED!
Business: Existing whitewater rafting business
Income: Best year revenue was just under $300,000 in 114 days & minimum revenue potential of $150,000 to $200,000 without additional marketing
Value add plan: Add storage, RV sites, glamping tents, cabins, and improve customer experience
Favorite Part About the Bootcamp: Research tools & techniques, communication skills, guidance through submitting LOI
Shelby
Offer SUBMITTED!
Offer made: 84 acre property in Michigan
Financing plan: Mix of SBA and Private Money Raising
Shelby’s Plan: Expand her search, connect with more brokers, and continue raising private money with Amy’s course
Post-Bootcamp Mindset: "I just keep searching that way every day. That's what I'm doing, looking, looking, looking, reaching out, get information, evaluate so and then move on."
Sherry
Offer ACCEPTED!
Current sites: 94 but room for 111
Goal: Cash flowing on day 1, very passive and low maintenance
NOI: $330,000
Cap Rate: 10%
Value add plan: Expand to 111 sites, add more amenities, improve marketing
Sherry’s Favorite Part About the Bootcamp: Affirmation and confidence, specific RV industry knowledge, access to Heather
