On this episode of Requity Insights, we explore the concept of value add investing in the RV campground industry. With a focus on improving Net Operating Income (NOI), we discuss the importance of increasing revenue and optimizing expenses. From upgrading amenities to enhancing infrastructure and community engagement, you will learn how to unlock the potential of underperforming properties in this niche market. This episode also touches on the challenges and risks of value add investing in this industry, making it a must-listen for anyone interested in exploring this strategy.

00:01:17 Value-add investing in campgrounds: acquisition, enhancement, expansion, operations, marketing, optimization, community.

00:14:39 Challenges: permits, expenses, guest experience, timing.

00:17:13 Art over science in upgrading campgrounds.

00:21:47 RV value add requires a conservative approach: expert.

00:23:44 Value-add space requires a hands-on operation.

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