REI157: Getting Started in RV Park Investing w/ Matt Whitermore

Millennial Investing - The Investor’s Podcast Network

Patrick Donley talks with Matt Whitermore all about RV park investing, his journey into real estate with a triplex house hack, his transition from the corporate world to real estate entrepreneur, his use of technology in the acquisition process, his experience in multi-family investing, and much more!

Matt lives in upstate New York and is a consultant and investor in campgrounds and RV parks. His first RV park investment is situated on 26 acres that includes a world-class trout fishing stream. Before getting into investing, he worked as an analyst in commercial real estate finance and investments.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:56 - How Matt first got interested in real estate investing.

02:14 - His experience in house hacking a triplex.

03:28 - Some of the biggest challenges he’s experienced in his first deal.

09:25 - How a mentor helped him understand the benefits of RV parks.

18:00 - What kind of due diligence is involved in buying an RV park?

51:37 - Who his favorite real estate teachers are and how he views real estate courses.

54:47 - What his all-time best investment has been.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Robert’s book The Everything Guide to House Hacking.
• Raising Capital for Real Estate by Hunter Thompson.
• Raising Private Capital by Matt Faircloth.
• Best Real Estate Investing Advice Ever by Joe Fairless.
• The Real Estate God University.
• The Book on Estimating Rehab Costs by J Scott.
• Related Episode: Listen to REI115: Investing in Campgrounds w/ Heather Blankenship, or watch the video.

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Connect with Patrick (@jpatrickdonley): Twitter

Connect with Matt: Website | Twitter

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