Weeks later, we were back in our rental home. Avery’s surgery went amazingly and she was discharged 5 days early. The surgeon said her lungs were the best he’d ever seen. It’s been 15 months since that day and Avery is thriving.
Almost 50% of every human that ever lived took the same percentage risk to bring life into the world. Why can’t I take that same risk to help save someone already alive?
18 ways you can add value to an underperforming mobile home or RV park:
1. Signage. Many parks have either no or too small signage. We'll have a massive sign prepped by closing so we can install on day 1. Many of these parks are on roads that get 10-30k cars/day driving by.
2. Local paper. Yes, newspaper ads for vacancies work great in rural towns!
3. Landscaping. $10k-$20k in landscaping can justify a small rent bump. A $50 bump across 50 pads = $450k in added value at a 7.5% cap.
4. Roads. Similar to the above, we go in and fix the roads. There's almost always something to fix, especially if gravel...
Are you the guy that can't visit a small biz without wondering how much money they make?
Well I spent an hour indoor sledding in the smokies yesterday & learned all about this wild new cash cow biz model:
Most don't realize that the Great Smoky Mountains is the most visited of all national parks, and it's not even close.
14.1m people visit per year, more than twice the Grand Canyon.
Why?
Because the East Coast has a ton of people and it's an easy drive. Also, it's beautiful!
Over $2B/year is spent in Pigeon Forge & Gatlinburg on tourism alone. Millions of Americans go & visit Dollywood, go hiking and indoor sledding, apparently!
After visiting, I asked the owner of Pigeon Forge Snow how much his biz makes & this is what I learned: