650: Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About
650: Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About

650: Glamping, Campsites, and The Insane RV Park Revenue No One is Talking About

Shah :)

72 min
Business & Finance
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Paglalarawan

<p><strong>RV park investments</strong> are probably not the first thing you think of when somebody says “<a href="https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide" rel="noopener noreferrer" target="_blank"><strong>real estate investing</strong></a>.” You’re probably used to single-family homes, duplexes, apartments, or something that has to do with long-term, residential real estate. What if we told you there was a <strong>hidden niche in the real estate investing arena</strong>, one with <strong>less competition</strong>, <strong>sky-high revenues</strong>, and almost <strong>unlimited ways to </strong><a href="https://www.biggerpockets.com/blog/cash-flow" rel="noopener noreferrer" target="_blank"><strong>cash flow</strong></a>.&nbsp;</p><p><a href="https://www.biggerpockets.com/blog/rookie-podcast-102-heather-blankenship" rel="noopener noreferrer" target="_blank"><strong>Heather Blankenship</strong></a> has been in the <a href="https://www.biggerpockets.com/blog/short-term-rental-market-watch" rel="noopener noreferrer" target="_blank">short-term rental investing</a> niche for more than a decade. It was much different back when she got started. On a coast-to-coast road trip, <strong>Heather had the idea to buy an RV park</strong>. She had<strong> no experience</strong>, <strong>no money</strong>, and knew nothing about hospitality operations. She was, quite surprisingly, able to find and buy a <strong>$3.2M RV park</strong>, which she’s now upgraded into a <strong>$15M property</strong>.&nbsp;</p><p>Don’t get her story wrong, this is not a “fake it till you make it” type scenario. Heather put in <strong>years' worth of long days, longer nights, and enormous effort</strong> to make properties just like this one, finally profit. Now, with <strong>three kids and a portfolio worth over $30M</strong>, Heather has become one of the leading figures in creative short-term rental investing. If you’ve never thought about <strong>glamping</strong>, <strong>camping</strong>, or <strong>RV

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