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Multiple Income Streams & Big Cash Flow Thanks to “Underrated” Assets

  Рет қаралды 9,736

Real Estate Rookie

Real Estate Rookie

Күн бұрын

Пікірлер: 15
@johnnyfuller3817
@johnnyfuller3817 2 ай бұрын
I had the opportunity to work with Dylan, and that guy is very bright! When he puts his mind to something, he'll get it! I remember he told me he was going to buy an RV park, and around a couple of weeks later, he had one under contract.
@thatdylankidd
@thatdylankidd 2 ай бұрын
👊🏽
@JevonMusicGroup
@JevonMusicGroup 2 ай бұрын
Very interesting interview! Question... what would be considered a "good" cap rate for an RV park?
@thatdylankidd
@thatdylankidd 2 ай бұрын
There’s a lot of nuance to this. It depends on the property, location, and your specific return expectations but shoot for 9%+. If you’re able to get double digits, in a desirable market, even better!
@JevonMusicGroup
@JevonMusicGroup 2 ай бұрын
@@thatdylankidd Thanks!
@thatdylankidd
@thatdylankidd 2 ай бұрын
⁠@@JevonMusicGroup absolutely. If you have any other questions, feel free to reach out. Happy to help!
@PS3PS3PS3PS3
@PS3PS3PS3PS3 2 ай бұрын
There's nothing rookie about having 209 units and multiple partners in 6 years. You guys are out of touch with actual real estate rookies. Unless you're running out of content you got to stick with underdog stories as this just seems like a flex from a multi-millionaire.
@annanevarez4744
@annanevarez4744 2 ай бұрын
This ^^^ 💯
@biggerpocketsproducer
@biggerpocketsproducer 2 ай бұрын
I understand your concern. This episode aims to educate Rookies about an alternative asset class. Unfortunately, we didn't have Rookies with 1-2 campgrounds available for this episode. While we focus on Rookie Stories, sometimes we feature more experienced individuals to provide the best and most current knowledge so Rookies can make the best investing decisions.
@buetifulkay12
@buetifulkay12 2 ай бұрын
I love this episode…be inspired not jealous. He is a self made millionaire, you can do it too!
@Dameronbatson
@Dameronbatson 13 күн бұрын
I actually know Dylan personally and while he is a multi-millionaire now, he has a heart for folks just starting in the game. He's the same guy I met 4 years ago just a lot richer and smarter lol
@scratchlessputters
@scratchlessputters 2 ай бұрын
Is there any risk to squatters with the campground method?
@mikeascone7802
@mikeascone7802 2 ай бұрын
Good question!
@pyrochickhop8339
@pyrochickhop8339 2 ай бұрын
🤑🙃🤪🤨
@thatdylankidd
@thatdylankidd 2 ай бұрын
Most RV parks/campgrounds follow hotel and inn keeper laws, meaning if someone doesn’t pay you’re able to call the police and have them removed for trespassing rather than filing evictions.
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