Episode 431

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

Patrick talks with Matt Whitermore about his journey into real estate with a triplex house hack, his experience in multi-family investing, the advantages of RV parks and how he adds value to them, how the transition from corporate world to real estate entrepreneur has been, his use of technology in the acquisition process, and much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

January 16, 202357m 31s

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Show Notes

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

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
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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