Investing in RV Parks and campgrounds has never been this fun! In today’s episode, we’re going to dive into them! Matt Whitermore is an active investor in apartments, RV parks, and campgrounds. Originally from the suburbs of Boston, Massachusetts, Matt now resides in Albany, New York and holds a Bachelor’s degree in Project Management from Wentworth Institute of Technology, and is an actively licensed real estate salesperson in New York.
[00:01] – [03:08] Opening Segment
- Let’s get to know today’s guest, Matt Whitermore
- Starting young: Real estate since college
- “Get it for myself.”
[03:09] – [23:10] Investing in RV Parks & Campgrounds
- Beginning in multifamily and transitioning to RV parks and campgrounds
- Taking the chance with COVID to scale
- An institutional look at the quality of the product
- An endless list to add value to your RV parks
- About the campgrounds
- Seasonal real estate and managers
- Financing by seller-financing
- Matt’s advice from his software experience
[23:11] – [26:37] Final Four Segment
- What Matt would invest in with only $20,000
- Find an operator
- How Matt would help in a real estate mistake
- Don’t rely solely on the bank
- Matt’s way to make the world a better place
- Being a great landlord
- Reach out to our guest – see links below
- Final words
Tweetable Quotes
“That’s the beauty of these properties. You can bring so much creativity to it. There’s a million ways to add value to an RV park.” – Matt Whitermore
“There’s definitely a big migration of private equity dollars moving over into the space.” – Matt Whitermore
“Keep it simple.” – Matt Whitermore
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Connect with Matt Whitermore through matt@newscotlandcapital.com, Instagram, and LinkedIn. Visit his website http://www.newscotlandcapital.com and grow your portfolio with RV parks and campgrounds.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
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Email me → sam@brickeninvestmentgroup.com
