How To Invest In RV Parks ( To A $30M Portfolio! ) w/ Heather Blankenship
How To Invest In RV Parks ( To A $30M Portfolio! ) w/ Heather Blankenship  
Podcast: Action Academy | Replace The Job You Hate With A Life You Love
Published On: Tue Dec 12 2023
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 In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Check Out Our Action Academy CommunitySchedule A Free 15 Minute Coaching Call With Our Team Here To Get "Unstuck"! Check Out Our Bestselling Book : From Passive To Passionate: How To Quit Your Job - Grow Your Wealth - And Turn Your Passions Into Profits Want A Free $100k+ Side Hustle Guide? Follow Me As I Travel & Build:IG @brianluebbenActionAcademy.com