
Expect Success EP04 - Chris Caffrey | Scaling Success with RV Parks | Real Estate Coaches Insight
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In this episode, host Erik Scott sits down with Chris Caffrey, a real estate coach and investor, to dive deep into the nuances of real estate investment strategies—specifically the often-overlooked yet lucrative asset class of RV parks.
Chris shares insights from his journey, including transitioning from a professional sports career to real estate, coaching investors across various asset classes, and managing his own RV park ventures. With a focus on value-add opportunities, Chris explains the creative flexibility that RV parks offer compared to traditional multifamily properties, from adding glamping sites to leveraging seller financing opportunities.
Key Takeaways:
- The parallels between professional sports and real estate investing: discipline, perseverance, and adaptability.
- Why RV parks are a growing investment opportunity, with untapped potential and scalability.
- The pros and cons of RV parks vs. multifamily properties, including lease structures, value-add strategies, and management challenges.
- How seasonality and market research play critical roles in underwriting deals.
Whether you're an experienced real estate investor or curious about new asset classes, Chris's expertise will inspire you to think outside the box when building your portfolio.