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!
Dave:
Today we’re going to discuss a somewhat under the radar type of investing. It’s called campground investing, and this industry is more than fresh air scenic shots and a piece of land to pitch a tent on. There’s some potential real money to be made using this strategy, and in this episode you’ll learn how you can get a piece of this $30 billion industry. Hey investors, and welcome to the BiggerPockets Real Estate Podcast. I’m your host, Dave Meyer. Joined today by Mr. Henry Washington. Henry, tell us about what we’re going to learn today. This is something I have no experience. Do you have any experience with…