5 Types of RV Destinations for Investors with Ed O Bridgman
PWS Pod
English - February 14, 2024 07:29 - 29 minutes - 27.3 MB - ★★★★★ - 61 ratingsInvesting Business Entrepreneurship cashflow apartmentinvesting realestateinvesting business apartments investing entrepreneur commercialrealestate coach cashflowinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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In this episode, Ed O. Bridgman, an RV destination investing expert, shares insights into the booming RV destination industry. He discusses his background in electrical engineering and business administration, as well as his experience in applying Six Sigma principles. Ed explains the five types of RV destinations, including RV parks, campgrounds, resorts, communities, and hybrids. He highlights the growing demand for RV sites and the need for more RV destinations to bridge the supply-demand gap. Ed also provides resources for learning about RV park investing and shares his book recommendation, 'The Goal' by Eliyahu Goldratt.
Takeaways
The RV destination industry is experiencing double-digit growth, fueled by younger and more diversified Americans.
There are five types of RV destinations: RV parks, campgrounds, resorts, communities, and hybrids.
The most in-demand RV destination type is the community, as more people choose to live in their RVs for longer periods of time.
There is a significant gap between the supply of RV sites and the demand, creating investment opportunities in the RV space.
Chapters
00:00 Introduction to RV Destination Investing
05:22 The Five Types of RV Destinations
18:13 Investment Trends in the RV Space
22:35 Resources for Learning about RV Park Investing
24:49 Three Questions for the Guest