Episode 89 - Open Roads, Open Opportunities - Exploring RV Park Investing

What are RV Parks, and why are they a compelling asset class right now?

In this episode of the Purpose-Driven Wealth podcast, Mo Bina welcomes back Paul Moore as he talks about RV Parks. What are the current trends and opportunities in this new type of asset class? 

Paul's decades of experience in real estate investing helps provide a value driven perspective in this type of investment.  

Here’s what you will expect in this episode:
Big picture thoughts on FUD from investors
On finding undervalued assets
On RV Parks as a compelling asset class
Finding the right operators for projects
Trends in RV Camping since COVID
Impact of remote work revolution
An RV sharing platform
Types and Classifications of RV Parks
RV Amusement Parks with activities
Value Adding opportunities in RV Park space.
Profile of RV Park owners
On typical operations for parks
Preferred locations for RV Parks
On balancing asset allocations
On RV gas mileage and affordability
Advice on entering this type of investment.

About Paul Moore:

Paul Moore is the Founder and Managing Partner of Wellings Capital. After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They scaled and sold the company to a publicly traded firm five years later. After a brief “retirement” in his early 30s, Paul began investing in real estate in 1999 to protect and grow his own wealth.

He completed over 85 real estate investments and exits, appeared on HGTV’s House Hunters, rehabbed and managed dozens of rental properties, and developed a subdivision. After completing three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, Paul narrowed his focus on commercial real estate in 2011. Paul is married with four children and lives in Central Virginia.

Paul Moore Links:

Website: https://www.wellingscapital.com/resources

Connect with Mo Bina on…
Website: https://www.high-risecapital.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
Instagram: https://www.instagram.com/highrisecapital/
Medium: https://mobina.medium.com/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index