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Getting ready to celebrate RVing here in Michigan and around the nation.See omnystudio.com/listener for privacy information.
What's the latest in technology for powering your RV off-grid? We met up with Go Power at the 2023 RVDA Expo and learned a bit about what's available and what people might need to achieve the camping setups they're hoping for.
This week we're switching over to vacation mode, because we're going on a road trip! The folks at Go RVing are hooking us up with another trip, but this time we're actually hitting the road… and bringing the kids. Hang out with us, as we give you all the tips for planning our RV road trip to see some of the strange roadside attractions of America. Then, summer is rapidly coming to an end, and we can't tell if we're happy or sad. But either way we're giving you some fun ideas to enjoy these last days with your kids! Lastly, we have your #HighsandLows, and your #SWAGBAG so stay tuned! Don't forget to LEAVE US A REVIEW! Now you can get your Momtourage TWO ways! Head over to Apple Podcasts or wherever you get your podcasts every Wednesday for a NEW episode of our show: https://tinyurl.com/y6xrpx8e Then catch our LIVE sister show, MOMTOURAGE: Live From Your Couch. It's LIVE & ON- CAMERA, select Thursday's at 9pm EST/6pm PST on over at facebook.com/MomtouragePodcast. For more info: Take a Quiz and Find Your RV Type, visit Go Rving.com...and Go on a Real Vacation. Ideas for the Last Days of Summer Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Rick speaks with Shelia Scarborough from Tourism Currents and Dianne McNamara from Go RVing. If you're a content creator and would like to work with Go RVing, you can reach out to christy@fireituppr.com This episode of Travel Matters was recorded at TBEX Lafayette and hosted by TBEX CEO Rick Calvert and The Radio Vagabond, Palle Bo.
RVers face particular challenges when it comes to medical insurance overage and we speak with a full-time RVer whose company specializes in medical insurance for RVers. Did you know your coverage might force you to return to the place where you call home for coverage? Then we change lanes and talk about pellet grills and barbecue. Our guest is also a Kansas City barbecue judge so we've got some great grilling tips and tricks. Notes, comments, links and more can be found on our home on the web at https://www.stresslesscamping.com/podcast/0172 The StressLess Camping RV podcast is a great resource for anyone wanting to make the most of the RV adventure and RV lifestyle.
This is week we are talking to Secretary of Education Miguel Cardona. That's right we made it to the White House media list!I I guess Keri's Girl State White House trip at 12 paid off! Then we are talking about how to connect with your TEENAGER. Frankly both of us are terrified of those teenage years so we have to start panning now! Plus we have your #TITSANDSHITS and our #SWAGBAG picks! Don't forget to LEAVE US A REVIEW! We will read them on air until we get to 1,000. Thanks to our Sponsor, Go RVing. For more information, a dealer and the RV that's right for you, visit GoRVing.com. Go on a Real Vacation! Thanks to our sponsor Athletic Greens Use code: MOMTOURAGE and get a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase For more info: Secretary Cardona tour Connecting with your teen This week's #SwagBag picks: Ashley: Ikea Ribba frame Keri: Ondo no show socks Send us your child or partners YELP REVIEW at: hello@momtouragepodcast.com ASK US ANYTHING! HAPPY TO GIVE ADVICE. Email us at hello@momtouragepodcast.com For more Momtourage: iTunes: https://tinyurl.com/y6xrpx8e Spotify: https://tinyurl.com/y5f6ahn4 Instagram: www.instagram.com/momtouragepodcast Facebook: www.facebook.com/MomtouragePodcast YouTube: https://tinyurl.com/y4re9sca Website: www.MomtouragePodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices
This is week we are talking about our RV Girl's trip. Did Keri make it out alive? What happened on the trip? Was Ashley able to make Keri a happy camper? Then we are giving you our TV, podcast and general entertainment recommendations. We all know we need a little distraction from life, our kids and OURSELVES! Plus we are telling you about our highs and lows of the week and our #SWAGBAG picks! Don't forget to LEAVE US A REVIEW! We will read them on air until we get to 1,000. Thanks to our Sponsor, Go RVing. For more information, a dealer and the RV that's right for you, visit GoRVing.com. Go on a Real Vacation! Thanks to our sponsor Athletic Greens Use code: MOMTOURAGE and get a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase This week's #SwagBag picks: Ashley: Trader Joe's Lemongrass Coconut Body Oil Keri: AmLactin Send us your child or partners YELP REVIEW at: hello@momtouragepodcast.com ASK US ANYTHING! HAPPY TO GIVE ADVICE. Email us at hello@momtouragepodcast.com For more Momtourage: iTunes: https://tinyurl.com/y6xrpx8e Spotify: https://tinyurl.com/y5f6ahn4 Instagram: www.instagram.com/momtouragepodcast Facebook: www.facebook.com/MomtouragePodcast YouTube: https://tinyurl.com/y4re9sca Website: www.MomtouragePodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices
This week we are talking the great outdoors. Matthew Hearon-Smith gives us all his best Eagle Scout outdoor survival knowledge for our upcoming camping trip sponsored by Go RVing. Then we are answering our listener emails! We love to talk and we REALLY love when you ask our OPINIONS! Plus we have your #SWAGBAG and HIGHS and the LOWS! Now you can get your Momtourage TWO ways! Head over to Apple Podcasts or wherever you fix your podcasts every Wednesday for a NEW episode of our show: https://tinyurl.com/y6xrpx8e Don't forget to LEAVE US A REVIEW! We will read them on air until we get to 1,000. Thanks to our Sponsor, Go RVing. For more information, a dealer and the RV that's right for you, visit GoRVing.com. Go on a Real Vacation! Thanks to our sponsor Magic Spoon Use code: MOMTOURAGE and save $5 This week's #SwagBag picks: Ashley & Keri: Ada Twist, Scientist Ada Twist, Scientist: Ghost Busted 5-Minute Ada Twist, Scientist Stories Send us your child or partners YELP REVIEW at: hello@momtouragepodcast.com ASK US ANYTHING! HAPPY TO GIVE ADVICE. Email us at hello@momtouragepodcast.com For more Momtourage: iTunes: https://tinyurl.com/y6xrpx8e Spotify: https://tinyurl.com/y5f6ahn4 Instagram: www.instagram.com/momtouragepodcast Facebook: www.facebook.com/MomtouragePodcast YouTube: https://tinyurl.com/y4re9sca Website: www.MomtouragePodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Greg and Julie Welch were relaxing at their campsite in Minnesota's Boundary Waters Canoe Area Wilderness in August, 2011, when a tiny fire in a nearby bog suddenly exploded into a massive inferno that began racing toward them. At first they were confused: they knew there were small wildfires in the area, but all forecasts suggested there was nothing to worry about—it was humid and rain was on the way. However, an extremely rare convergence of atmospheric events had set in motion what would become known as the Pagami Creek Fire, consuming more than 92,000 acres over several months, making it the biggest wildfire in the state in more than a century. And now the Welches faced only one choice: jump in their kayaks and paddle for their lives. This episode was brought to you by Go RVing, which wants to help you make the most of your adventures. Learn how easy it is to work from the road or take your family and furry friends with you on your next trip at GoRVing.com.
Presenting three delightful tales of adventures gone very, very wrong. Because when the weather turns, your gear breaks, you get lost, or you simply realize that your foolproof plan was actually foolish—well, that's when you learn the most, right? Join us by the campfire for three stories of misadventure from Outside writers and editors who suffered through pain, shame, and humiliation but still came out the other side with smiles. This episode was brought to you by Go RVing, which wants to help you make the most of your adventures. Learn how easy it is to work from the road or take your family and furry friends with you on your next trip at GoRVing.com.
This week we are asking WHAT'S THE DEAL with going to the beach! Then we are talking about micro schools. What are they? What do we think and what is this world coming to?! Obviously we have your #SWAGBAG and The HIGHS and THE LOWS! So take a listen. Now you can get your Momtourage TWO ways! Head over to Apple Podcasts or wherever you fix your podcasts every Wednesday for a NEW episode of our show: https://tinyurl.com/y6xrpx8e Don't forget to LEAVE US A REVIEW! We will read them on air until we get to 1,000. Thanks to our Sponsor, GO RVing! For more information, and to find a dealer and the RV that's right for you, visit GORVing.com. Go on a Real Vacation. For more info: PodParents/ Micro Schools This week's #SwagBag picks: Ashley & Keri: Artväna Send us your child or partners YELP REVIEW at: hello@momtouragepodcast.com For more Momtourage: iTunes: https://tinyurl.com/y6xrpx8e Spotify: https://tinyurl.com/y5f6ahn4 Instagram: www.instagram.com/momtouragepodcast Facebook: www.facebook.com/MomtouragePodcast YouTube: https://tinyurl.com/y4re9sca Website: www.MomtouragePodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices
On this week's StressLess Camping RV podcast we talk about choosing a domicile state for full-time RVers and what it takes, the challenges, some of the benefits and why we chose South Dakota. What's the best state to claim for RV domicile? What do you need to change your state and why would you want to change your domicile state as a full-time RVer? What about mail? Health and vehicle insurance? Notes, comments, links and more can be found on our home on the web at StressLessCamping.com This is episode 156. The StressLess Camping RV podcast is a great resource for anyone wanting to make the most of the RV adventure and RV lifestyle.
There's big money on mobile home parks, and our guest today definitely made millions in the space. Frank Rolfe is an investor in mobile home parks for almost 30 years. Along with his business partner, they are the fifth-largest mobile home park owners in the United States. In this episode, Frank examines the changes in the mobile home park industry over the last three decades, including the increasing demand for affordable housing. He also tackles the differences between the mobile home and RV industry, and the current opportunities and challenges in the market. [00:01 - 08:24] Mobile Home Parks Then and Now Frank discusses his background and how he was at the right place at the right time The changes in the industry over time Financing is easier and interest rates are historically low Demand for affordable housing is higher Lower production of mobile homes [08:25 - 13:46] Why Don't We See More Mobile Home Parks? It's harder to buy mobile homes vs stick build The stigma surrounding mobile home parks Challenges with zoning and legislation Frank on what killed mobile home parks in the 50s and 60s [13:47 - 21:12] Comparing the Mobile Home Park and RV Park Industries How PR and marketing made the RV business more successful Cities are more amenable to RV park developments The appeal of RV parks to boomers and millennials The impact of COVID [21:13 - 22:07] Closing Segment Reach out to Frank! Links Below Final Words Tweetable Quotes “It's a basic fact of life. The average American has a horrible stigma against mobile home parks around the residence. And nobody wants a park to go up near where they live, or even a business they own.” - Frank Rolfe “If you wanted to build one today, what you would have to do is you'd have to go way out in the countryside where there are no people to complain, where there are no zoning laws, and then you have no municipal water, no municipal, sewer, and no customers. So what's the purpose of building that?” - Frank Rolfe “If you wanted to destroy all mobile home parks, it's simple. Just bring back mass prosperity. And then no one needs mobile, home parks, they just all go buy custom homes wherever they can… But I don't see that happening.” - Frank Rolfe ----------------------------------------------------------------------------- Connect with Frank! Head over to mhu.com for more mobile home info now! Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Frank Rolfe 00:00 I fully understand why as a homeowner, you know, it's a basic fact of life. The average American has a horrible stigma against mobile home parks around the residence. And nobody wants a park to go up near where they live, or even a business they are. If you simply go to Zillow and look at the single-family home price next to a park, it's about half of what it is a block away. Same home, right? Intro 00:21 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson 00:33 Frank Rolfe has been an investor in mobile home parks for almost 30 years and has owned and operated hundreds of mobile home parks during that time. He is currently ranked with his partner Dave Reynolds as the fifth largest mobile home park owner in the United States. Frank, welcome to the show. Frank Rolfe 00:48 Hey, thanks for having me. Sam Wilson 00:49 Pleasure is mine. Three questions I ask every guest who comes on the show: in 90 seconds or less, where did you start? Where are you now? How did you get there? Frank Rolfe 00:55 Where did I start? I started off straight out of Stanford trying to do a business school application and back then you would start a business to have a good application. That's how I started my billboard company. So that was my early origins of being an entrepreneur. Where am I now? Well, I'm now I'm fifth-largest owner, with my partner, Dave Reynolds of mobile home parks in the United States. So you know, we've done a lot of scaling over the last 40 years of being in business for myself. Sam Wilson 01:24 Yeah, that's absolutely fantastic. And the last question is, maybe we'll spend the rest of this episode talking about it. How did you get there? Frank Rolfe 01:31 Basically, how I got there was working like an absolute maniac for most of the time. Obviously, having a good strategy, some businesses, you can expand and others you cannot. And then finally, just being outright lucky, because there's plenty of guys with more ability than I've got, who just were not in the right place at the right time. Sam Wilson 01:50 Yeah, it's funny, I was talking, I was having dinner with some guys the other day, big finance guys. And somebody brought up that idea that some of it's just luck. It's just you beat in the right place at the right time. They're like, man, there's more truth to that than you realize that it's just you're desperate the right place the right time, and it worked out. So that's really interesting. The mobile home park and the RV park space has really changed here, I'd say in the last 10 to 15 years, it's gained a lot of attraction, a lot of attention from not just individual investors, but also, as you will know, from institutional investors, what have been the changes most dramatic and noticeable to you, and how has it impacted your business? Frank Rolfe 02:31 Well, the biggest change, of course, has been financing, because when I got in at 25 years ago, in the mid-90s, you could not get back that. So every deal you tried to do the number one hurdle you had was getting financing. Banks hated that. Nobody liked it. And when normally you would end up with seller finance, you try to cobble together something with seller financing. And the sellers were amenable because they knew there was no bank debt. That's the one big shift today deals rarely go on bankable right back in the 90s. Everything was on bankable. So that's when Biggie the other one has been just the appetite for affordable housing. You know, we've said over the last nine quarters, each quarter, we broke the record of the prior quarter as far as sales. And what's going on is just the nation's housing industry has actually gotten nuts on pricing. And so we're producing houses at a price range of you know, in the 300,000s. And so there's so many people who cannot get into the housing market. It's insane. And while with our industry, you don't own both home and land, you do at least own home, and you have some land, unlike apartments. So we're kind of this crossover product between apartments, which don't give you that single-family home lifestyle at all. We're kind of like a step between that and actual normal, single-family. Sam Wilson 03:44 What, so yeah, the bankability of things has changed. You know, the interest in the space too. I mean, cap rates in mobile home park, as far as I understand, I don't own any mobile home parks. From an outsider's view. It just looks like they just keep compressing. How are people finding value right now? Frank Rolfe 04:00 Well, they're not really compressing, what they're doing is they're going down, but people are still having to buy a spread between the interest rate and the cap rate. Thanks for not nuts in our industry and office buildings, retail centers back in the day. People were doing crazy financing, right? Just 110%, LTV 1% interest. People have never on the lending side been that nutty. So you know, we have to get loans and to have loans, we have to have a 1.2x coverage ratio to the mortgage, a lot of bank stress test our mortgages, they'll say what happens if you lost 10% of your revenue? So what you're saying is interest rates are historically very low. Even today. They're at roughly 4% t many mobile home park deals. When I got into business they were at seven right so you know, it's not like in our industry that the cap rates are unsustainably whacked out, but the big difference has been that interest rates are low. Another factor is you know, in our industry, the big narrative is that our lot rents are crazy, stupid low. which when you even say that I get nothing but hate mail, but it's just a fact. And you know, our national mobile home park lot rent is 280 a month average apartments, I think it's 1600 a month, right? So our pricing is stupid. And institutional buyers are buying the stuff up, they're raising the rents up significantly because they're stupid. And because the rates cannot remain, I mean, most of these parks today at the current rates, you're better off just bulldozing them, there's a million uses for the land better than a mobile home park. So as institutional guys go in and drive the rents up, the banks and the appraisers have taken note how easy it would appear to be 100% occupied at 280 rent and still be 100% occupied at a 580 rent. So they're starting to factor in perhaps the first or second read increase into their appraised value. So that's the other phenomenon you're seeing. Because last time, when we buy a park, we're not even looking at mom and pops cap rate, because mom and pop is running that business so poorly. It's a joke, what the banks and the appraisers and sophisticated buyers are doing is looking at the raw material and what they can make out of it. Sam Wilson 05:59 That's a really clear explanation. I think that makes a lot of sense, you know, that I hadn't really considered as How are you guys are seeing it through the bank, through the appraisers' eyes, versus, you know, maybe what mom and pop are putting together on it. Are you guys buying actively right now? Frank Rolfe 06:14 Yes. We're always buying. We have periods in which we buy more than others. But we've never had a period in which we were not buying. Sam Wilson 06:21 What does opportunity look like for you right now? Frank Rolfe 06:24 Well, our tastes have changed significantly over the years, right? Both Dave and I, when we started out, we didn't start out together. We were actually competitors. In the old days, our deals were very, very rough and tumble what we'd call heavy-lift turnarounds. So I was buying parks that were often half-empty, totally screwed up, water leaks running down the streets, stuff like that. So as Dave. Today, because of our size, we're trying to do add on to our portfolio, what we call portfolio builders, which are nicer properties that help the overall value. But at the same time, we still do heavy lift turnarounds. Now the one style we're not as in tune with today, as you were before, are ones in which you have to do massive lot filling by bringing in homes. And that's because home prices have gone up nearly doubled during COVID. So while it was fun to fill lots and 30,000 homes, not as much fun at 60,000 a home. Sam Wilson 07:13 Well, not only that, but I've also heard that finding homes is difficult. Frank Rolfe 07:17 It's very, very hard right now, I don't think you'll ever go back to the old ways, to be honest with you. What happened was that, you know, manufacturing, it was 400,000 units back in the late 90s. Today, it's been about 100,000 units for, I don't know, the last 15 years. Nobody wants to step out and increase production. They easily could because the plants are only running one shift, and they could run three. So they typically produce seven floors a day, the average plant could produce 21 floors a day. But no one wants to take the gamble. Because half of all the mobile homes sold roughly it's estimated are park owners who are buying the homes to bring into their own parks. Right? And then the question is, how much longer will that go on before people get full? It's not like eating out where you might you have to eat out, you know, you eat daily, so maybe you'll eat out, you know, in perpetually a certain number of times a week. In our industry, once you fill a lot. That's it, it's over. So people just don't want to stick their neck out. Sam Wilson 08:11 No, and I completely get that. That's very interesting. You would think, though, that there's still some old supply going offline at some point. I mean, obviously, there's gonna be some demand. But you're saying that there's going to be kind of a point where they've hit the wall and they can no longer keep up with runnings, three shifts a day. Frank Rolfe 08:25 Yeah, well, right. Here's the problem, see, that the average American cannot buy a mobile home. If he walks right now into a mobile home dealership, you will find you have to have better credit and had worse or terms to buy a mobile home than the stick-built. Because the government stands behind and promotes the stick build industry. So they allow people to do these very, very low downpayment, all these different programs for first-time buyers and veterans and all this stuff. None of that exists in our space. So in our industry, you're looking at a high-interest rate a much larger percent down than single-family. And so you can't do it. And the only reason that homes get bought today, half of all home production is because the park owners backstop those loans, right. So if I bring in, you know, a $50,000 home, I don't cosign the note, but I guarantee the lender, if the person is foreclosed on, I won't charge lot rent, and I will go ahead and rehab the home at my own cost, and I will sell it at my own cost. And that's the only reason they will do it. And until the government wants to stand behind the industry and support it, which they've elected never to do, that will never change. If the government wanted to do that, which they easily could then you could see greater sales. Sam Wilson 09:35 Right, that opens another can of worms, you probably won't go down that road. I'm thinking more along the lines of building new parks. Why aren't we seeing, I mean, maybe we'll ask that question differently. What is the challenge, outside of maybe the political challenge of building new parks, why don't we see other new parks coming online? Frank Rolfe 09:52 Well, you never will. Okay. I mean, I've been in the business 25 years and I don't think in any given year you've seen more than 10 new parks ever build and about 100 torn down. So we've been depleting continuously. Here's the problem, and you can't blame the cities for it. I fully understand why as a homeowner, you know, it's a basic fact of life, the average American has a horrible stigma against mobile home parks around the residence. And nobody wants a park to go up near where they live, or even a business they own. If you simply go to Zillow and look at the single-family home price next to a park, it's about half of what it is a block away, same home, right? So the citizens go in an uproar if you try and build a new mobile home park, and of course, all their elected representatives on the city council, they're not wanting to get all the citizens to vote them all out over some stupid mobile home park. So they just will not grant the zoning, they haven't granted zoning in the United States from mobile home park in any significant amount since 1970. So it's been half a century now. And it's never going to change because it's a basic fundamental truth that you'd have to change the entire attitude of Americans towards trailer parks before you could achieve that. And that is never going to happen. No one is ever going to spend $100 billion in public relations money to achieve that. And that's why you won't see it. But even then, if you wanted to build one today, what you would have to do is you'd have to go way out in the countryside where there are no people to complain, where there are no zoning laws, and then you have no municipal water, no municipal, sewer, and no customers. So what's the purpose of building that? So that's the problem. Sam Wilson 11:25 Yeah, absolutely. Are there any other headwinds that come to mind? I mean, in its own right depleting supply is good for you, as a park owner, that the value of the park goes up. It's bad for the end-user in the sense that we are once again losing more affordable housing, and not replacing it or building new. So that's bad for the end-user. Other headwinds in the mobile home park space that you can think of? Frank Rolfe 11:50 Well, you know, what killed the mobile home parks before back in their heyday, which was in the 50s and 60s. What killed it was mass prosperity when people off suddenly got rich, and they all moved out, right? So you had that period in America, which is hard to even remember back that far, but I was alive during that period. When America was doing really well. And every year, people were making more money. And as people became more affluent, they were buying homes and subdivisions. And everything was great. When you were born, if you were ever back in the 60s, the atmosphere in America was very, very much different. We were really rolling at that time. And so the question is to defeat affordable housing, if you wanted to destroy all mobile, home parks, it's simple. Just bring back mass prosperity. And then no one needs mobile, home parks, they just all go buy custom homes wherever they can, build, you know, half a million, million whatever on the golf course, you know. But I don't see that happening. That would be the single biggest event that would kill the industry off. The only other items you have circulating around in some of the blue states, you have rent control. People talk about it frequently. Remember that in the entire United States, only one state has statewide rent control, and that's Oregon. So you know, the credit score is 49 no one yes, you've got four or five other states that allow it on a city by city basis. But you know, it's not a red state phenomenon. But if you have a mobile home park in a blue state, they seem to threaten that every year. They never pass it because they have no desire to ever pass it. Because the folks that run the government are all being subsidized by a whole lot of folks who do a lot of real estate ownership and development. So they're not really going to say, hey, I'll give you my big political contribution, despite the fact you screwed me over with rent control. I don't see that really happening. So no, you know, I don't really see any big headwinds to the industry. But then again, you know, America is so screwed up at this point. Every day is a new headwind. So who knows? Who knows where we'll be by the end of the day. Sam Wilson 13:44 Right. Well said, Tell me about the RV parks because you guys are also well-known RV park owners. I know you kind of lump the two together for our listeners, maybe can you tell us why you lump them together? And then is there a difference? Frank Rolfe 13:59 Yeah, sure. Well, you have to lump them together, because remember that they were all the same family up through the 1960s. So it was all called the trailer industry. You had trailer park, and you had a travel trailer? Yeah. And it was all trailer right. And what happened was a trailer manufacturer called Selby had a customer who wanted an even fancier, more expensive travel trailer. And they called up the state of Ohio and they said, Is there any way I could build this guy, an even bigger travel trailer? And the state said, Yeah, you know what, we'll let you go up to additional feet and width, but he can't pull it with his car, they'll have to pull it with a commercial vehicle. And that was the start of the industry splitting. Because what happened was people who wanted to not move their travel trailer frequently but wanted to have something bigger that became the mobile home whereas the traditional RV, person came to travel with shelter. The biggest difference in the industry be honest with you is the amazing job the RV industry has done with public relations, contrasted to the terrible job of mobile home park the industry has. So the Go RVing campaign is considered one of the most successful marketing campaigns in American history. The average American scores RV is very, very high in status and in satisfaction. So it's such a night and day difference. It's like you have two brothers one goes off to win the Heisman Trophy, be elected president and the other brother ends up you know, dropping out of junior college and becomes a sanitary engineer, even though they were the same industry at one time. So when you deal with RV, it's a luxury product, it's more of a classy customer. And it is something that everyone loves, right? Just as everyone hates trailer park, mobile home parks, they love RV parks. So it's a different kind of business. Now, the main problem you have is that RV is in fact a business. Whereas mobile home parks is very, very static. People never move around, they sit there, an average tendency is 14 years. They pay rent, you fix it when the utility pipes break. But an RV is like going into a restaurant, right? It's much more active. So you have to have customer service. And if you don't, they'll just go down the street to somebody who does. So that's the key difference. There's a risk profile difference between the two. A lot of lenders do offset that. They'll set the cap rate two points higher on RV than mobile home park because they want that extra comfort. And if you're lousy operator, even though you screw up, you can still cover the mortgage. Whereas mobile home park, you know, our managers or their worst manager ever, we probably won't lose any customers will probably have property condition issues, maybe a couple of collections problems. But an RV park with a bad manager can just wipe your RV park out. Sam Wilson 16:38 Right? Absolutely. We've seen some incredible tailwinds in the RV space here just with deliveries in 2020, 2021. And then, you know, 2022, projected deliveries are just through the roof. Where do you see, and I think there's a unique thing that I've seen in the RV park industry is that people or cities are amenable to RV park development. So where do you see that going? Does this just peter out when people get tired of the pandemic and finally try to put that behind us? Or do we actually had, does that have runway? Frank Rolfe 17:08 Well, you know, for a long time people thought RVs were not going to be a long-term thing because the majority of RV owners were baby boomers, my generation. And what they thought was going to spur it on the greatness would be a burst as you have the, you know, there's 10,000 boomers retiring today. I mean, I'm 61. So next year would technically be my where I would retire if I was at a normal job.So but what came out of nowhere that they did not anticipate was the millennials. Millennials are now as bigger bigger buyer of RVs than the Boomers were right. And that was a, I think you have to tie that to the phenomenal success of the Go RVing campaign. They were doing like, you know, all those Monster Energy extreme events, they were marketing it those way back then they had real foresight, whoever was running that marketing, they knew what they were doing. They didn't just focus on boomers, they could have just only promoted programs that appeal to boomers, right, like the Golden Girls or you know, golf tournaments. But no, they went after deliberately went after millennials and all of their most edgy millennial stuff. And as a result, they score very highly with them. And they are now half or more of all RV sales, right? So you have all these young people with RVs now and so that's what's given the industry a whole new life, because I didn't see that one coming, nor did anyone that was gift from the Gods. And then of course, the other part was COVID. I mean, let's be honest, COVID is one of the best things that ever happened to the RV industry, right? What happened was people now want to be outdoors. Some people have never been outdoors before. They never, they want to go somewhere without a mask. People said, Oh, well, you can walk around without a mask. They're like, Oh, holy smokes, man. I've never been outdoors before, what the heck, I like that. And also people now just don't like being around other people's nastiness. They don't want to go to hotels and stuff because they don't know who slept in the bed or who coughed on the remote. And so when they are in an RV, they feel like they have that safety from germs and strangers and all that. So I don't really see that going away. You know, the one part of the industry that someone will have to come to a conclusion with at some point is that, you know, a lot of people prefer retiring and living in RVs over mobile homes because of that stigma issue, which you'll never solve. So and I myself know, I know a college professor who recently sold his house, like a half a million-dollar house, and bought an RV. Okay, it's a single guy. And he just decided to sell everything and retire and bank the whole thing and just live in his RV. He would have never lived in a mobile home in a million years. He could never, culturally stigma, survive that but he can. The problem is a lot of cities, the RVs are not allowed to remain more than a certain number of days. Right? So those people end up in this nomadic existence. So what you need is kind of a hybrid, you need an RV park that you can retire in and live permanently. And that's going to be the real challenge. When cities grant these RV permits. Traditionally, they won't allow anyone to be there more than a certain number of days. And they do that live really because they are afraid if they do you know, there's an underworld RV of these kinds of nomadic freaky people who grew up around the river and they don't want them, right? Well, you don't want the guy that was living under the bridge down by the river, right? That's not your goal. So that's the real missing piece right now. And then the same goes with tiny homes, right? tiny homes can't go on traditional mobile home blocks, they don't have the HUD seal. So what happens is, you know, you see them on TV, but there's nowhere to put them right. And again, so that's the missing piece. And so I think at some point in the movie, maybe in the next five years, 10 years, 20 years, people will figure all this out, and maybe cities will allow what would be more of an upscale retirement kind of community that allows for tiny homes and things do not have HUD seal and yet don't have to move frequently. I think that's the only missing piece the industry has. Sam Wilson 20:51 Yeah, that's really interesting. I had not even considered that side of the equation before. But yeah, that is really interesting. I mean, a lot of what we're seeing in the RV park space is in the long term tenant, though, when you get outside of those city regulations, of course, I mean, you have people that park their RV and leave them there for 12 months and come in every other weekend, have a good time. Really, really intriguing. Frank, thank you for taking the time to come on today and talk about mobile home parks and RV parks, certainly a blast. I've enjoyed it, learned a ton about both sides of the business. If our listeners want to get in touch with you or learn more about you and what you guys are doing, what is the best way to do that? Frank Rolfe 21:27 Well, the best way to find my writings and all by different things just go to mhu.com just the letters M-H-U.com. You'll find so much more you can handle. Sam Wilson 21:39 Frank, thank you again. I do appreciate it. Frank Rolfe 21:41 You bet. Thanks a lot. Sam Wilson 21:42 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.
Traveling through America while living in an RV creates a whole new set of challenges. Hear what two different couples have to say about their experiences. The good, the bad and the funny. Have a question, comment or tip about where you've been? Email us at: rockingthervlife@gmail.com
Now is a great time to eliminate the baggage carried around for perhaps many years and sell your house. The housing market is perfect for the Seller. If you have been waiting for the right time to Go Rving, the time is now. You have been looking at the RV ads and maybe even stopped by the local RV lot. Open the local newspaper and your eyes fly to the classified RV for sale section. The need to feel free seems pressing. Margo's book: "Selling Your Home" [ https://amzn.to/2KVjwgN ] Margo's Blog: https://MovingOnWithMargo.com Some helpful articles: Tips to Avoid a Lemon [ https://movingonwithmargo.com/rv-tips-to-avoid-buying-a-lemon-2/ ] New Ideas in RV Design [ https://movingonwithmargo.com/new-ideas-in-rv-design/ ] RV Driving School [ https://movingonwithmargo.com/time-to-consider-rv-driving-school/ ] Buying a New RV...Bad Investment [ https://movingonwithmargo.com/page/67 ] --- Send in a voice message: https://anchor.fm/margo-armstrong/message
On this week's episode, Dean DeVore welcomes nationally recognized TV personality and ambassador for Go RVing, Mike Caudill to chat about what makes RVing a great vacation option over staying in a hotel or traditional camping. Then, Bernie Rayno, host of the 'Weather Insider' podcast joins Dean to discuss the weather this weekend and the week beyond! It's all this week on 'Everything Under the Sun'! Summer is synonymous with travel, but don't just go on a trip, go on a Real Vacation. Whether your idea of vacation is lazy days at the campground or beach, or doing all the things and packing your day with hiking, biking and more, an RV is the basecamp to make it happen. Go RVing has everything you need to get on the road to an RV adventure. Visit GoRVing.com to get started Download the new AccuWeather app today, available now in the App Store on iOS and in the Google Play Store - https://accuweather.onelink.me/dZpv/49183895 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Hey RV Miles listeners! We’re trying something new. We’ve been making these short news videos over on YouTube, and a lot of you find them valuable but aren’t regular YouTube watchers. We’re going to begin adding the audio from these news bits into the RV miles podcast feed, so once or twice a week, you can expect to get a short episode (under 10 minutes) in addition to the weekly podcast you know and love. We hope you enjoy these bits of RV and camping news. In this new episode, we break down a new report from the RV Industry Association's Marketing Arm, GO RVing, about the changing demographics of RV ownership. You can view the top sheet of the report here: https://www.rvia.org/go-rving-rv-owner-demographic-profile
RVing has definitely changed our lives for the better. In fact, it is not an exaggeration to say that purchasing an RV was transformational for our family. Stephanie and I did not growRead More The post 6 Cool New Features on Go RVing’s Brand New Website appeared first on The RV Atlas.
Sandy and Ryan chat with RV Dealers Association President Phil Ingrassia the advantages and pitfalls of RV ownership. The duo answer a listener question about slashed credit limits and close the show with discussion of the Fyre festival, used cars and interest rates. --LINKS-- Banks cancelling cards, cutting limits: https://www.kiplinger.com/article/credit/t016-c000-s002-banks-canceling-credit-cards-cutting-limits.html; Ted Rossman on handling a cut to his limit: https://www.creditcards.com/credit-card-news/banks-cutting-credit-limits/; 9 Reasons to retire in an RV: https://www.kiplinger.com/slideshow/retirement/t037-s001-reasons-you-will-want-to-retire-in-an-rv/index.html; 13 Reasons you’ll regret an RV in retirement: https://www.kiplinger.com/slideshow/retirement/t037-s001-reasons-you-will-regret-an-rv-in-retirement/index.html; Go RVing: https://gorving.com/; National RV Dealers Association: https://www.rvda.org/; Government auctions and sales: https://www.usa.gov/auctions-and-sales; How to buy a car for less during Covid-19: https://www.kiplinger.com/article/cars/t009-c004-s002-buying-a-car-safely-during-covid-19.html; How to save on used car: https://www.kiplinger.com/personal-finance/shopping/cars/used-cars/600997/how-to-save-on-a-used-car; Low interest rates reduce the cost of mortgages: https://www.kiplinger.com/article/real-estate/t040-c000-s003-low-interest-rates-reduce-the-cost-of-mortgages.html
This week we talk about our GO RVing show at Silent Valley Campground, Jer talks about his exemption into the Ontario Open, and you’ll never guess who just became a father!!
On today's episode, Ross (@MisterWeisman talks to himself and processes Toy Story 4! He'll answer questions like: why do kids movies advertise celebrity voices so much? What is the organization Go RVing? Are ventriloquist dummies scary? Plus, trash jokes! Follow Kidflix on Twitter, Facebook, and Instagram @kidflixpod, and send us your recommendations or comments to kidflixpod@gmail.com!
Stephanie and Jeremy Puglisi are the co-hosts of the RV Family Travel Atlas and Campground of the Week podcasts, which have been downloaded over 2 million times. They have appeared on television numerous times as spokesmen for Go RVing. They are also the co-authors of Idiots Guide: RV Vacations, which is available wherever books are sold. The Puglisis spend over 100 nights a year traveling in their Jayco Octane Toy Hauler with their three sons Max, Theo, and Wes—and Maggie the Camping Dog. You can follow their adventures on Instagram. Some highlights: 2:48 - Representing the Weekend Warriors 3:50 - Adventure and Mishaps in Canada 14:00 - How camping has benefited their sons 18:19 - Would RVFTA ever go full-time?? 25:35 - RV beginnings to RVFTA 32:35 - Managing RVFTA with work and travel 47:15 - Trailer Life cover 53:35 - Best food cities 1:00:27 - Favorite travel experiences
Check out the full show notes, video, and more at http://www.channelmastery.com/48 GUEST PROFILE: Frank Hugelmeyer is president of the RV Industry Association, co-chairman of Go RVing, and a co-founding board member of the Outdoor Recreation Roundtable. He has more than 30 years of experience in the sporting goods, fitness equipment and outdoor industry private sectors and an extensive background in retail, manufacturing, brand development, public policy and association management. Prior to RV Industry Association, Hugelmeyer was the longtime president and CEO of Outdoor Industry Association where he delivered sweeping improvements to member value in the fields of consumer trends, business innovation, B2B education and advocacy. While at OIA, Frank inspired and led campaign to identify the value of the outdoor recreation economy.
On this week’s show it is my pleasure to welcome Courtney Robey, Director of Marketing and Communications for Go RVing. Courtney’s job is to find ways to share the RV lifestyle with new audiences. It’s also her job to find that audience and today she is sharing some ways in which the RV industry is […] The post Girl Camper: Episode 114 RV Industry News with Courtney Robey appeared first on Girl Camper.
It is always a pleasure to have Mark Polk on the show. Mark and his wife Dawn run the RV Education 101 website, have produced over 350 YouTube videos, and Mark has a widely read blog on Go RVing. He is an industry leader in safety and education and always provides his expertise and experience […] The post Girl Camper: Episode 113 Towing Tips with Mark Polk appeared first on Girl Camper.
On this weeks show I am talking about my top ten reasons for choosing RVing as my favorite mode of travel. As I pondered my reasons I actually had to cut it down to ten. There seem to be so many advantages to owning an RV but here are my top ten. You can go […] The post Girl Camper: Episode 101 My Top Ten Reasons to Go RVing appeared first on Girl Camper.
This episode is all about how to save money, retire early and go RVing with JD Roth Today on the podcast, I’m interviewing J.D. Roth. In 2006, J.D. launched a blog called Get Rich Slowly, which documented his journey of being $35,000 in debt and learning how to take control of his financial life. He eventually sold that blog in 2009… yes, it is possible to sell a blog. J.D. recently spent a year driving across the country in his 29 ft. RV, which is what brings him to the RV Entrepreneur podcast! --- Send in a voice message: https://anchor.fm/rve/message
Mollie, Marty, and Jenny V. talk about family camping in the RV, pregnancy, Bill's potty training, and Jacob's first day of preschool! What lunch box were you rockin'? Mollie's mom's advice on pinworms, hemorrhoids, and marital issues. Mollie and Jenny talk about why the RV lifestyle is not just for OLD people, but perfect for family memories. Tips, secrets, and advice for RVing with your family.