Do you want an asset that offers a TON of cash flow? Multiple income streams? How about forced appreciation? Today, we’ll introduce you to an often-overlooked investing strategy that has something for everyone!
In 2018, Dylan Kidd was diligently climbing the corporate ladder. But a grueling schedule meant his family was getting his “leftovers,” and something had to give. Fortunately, he discovered real estate investing at the perfect time. Within only a few months, he had become passionate about small multifamily and bought several properties. But eventually, he saw that these smaller deals could only take him so far, which is when he pivoted to commercial real estate—a move that unlocked all types of investing opportunities and helped him amass over 200 “units”!
In this episode, you’ll hear about an “underrated” asset class that offers enormous cash flow and various revenue streams. The best part? This niche has low competition, making it easy for rookie investors to claim a piece of this profitable pie! Now an experienced broker, Dylan will not only show you how to find, analyze, and finance these deals but also teach you the art of sourcing and nurturing leads!
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Property Manager Finder:
https://biggerpockets.com/findapm
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See Ashley and Tony at BPCON2024 in Cancun!
https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none
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Grab Your Copy of “Rich Dad Poor Dad”:
https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none
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Real Estate Rookie - Episode 102: $10M Profit On Her First Deal?! It’s Possible with Campground Investing:
https://www.biggerpockets.com/blog/rookie-podcast-102-heather-blankenship?utm_source=youtube&utm_medium=description&utm_campaign=none
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Real Estate Rookie - Episode 101: Campgrounds: The Investment You’ve (Probably) Never Thought About:
https://www.biggerpockets.com/blog/rookie-podcast-101-kier-vogt?utm_source=youtube&utm_medium=description&utm_campaign=none
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BiggerPockets Real Estate - Episode 650: Glamping, Campsites, and The Insane RV Park Revenue No One Is Talking About:
https://www.biggerpockets.com/blog/real-estate-650?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Dylan on BiggerPockets:
https://www.biggerpockets.com/users/dylank158?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or https://www.instagram.com/wealthfromrentals/
Tony: @tonyjrobinson or https://www.instagram.com/tonyjrobinson/
Show notes at: https://link.chtbl.com/Rookie
00:00 Intro
00:50 209 Units in 6 Years!
06:34 Scaling with Campgrounds
14:58 Finding & Analyzing Deals
25:44 Dylan’s FIRST Commercial Deal
35:02 How to Buy a Campground
40:34 Sourcing Leads & Cold Calling
43:09 Connect with Dylan!
Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/on-monday-market-chaos-will-begin-to-erupt