Thank you for your effort to putting this presentation together. I honor you and your team. So the final question is if this is a total of cost for 40 or 50 PADs? On the spread sheet states 40 but on your presentation you mentioned you guys ended up building 50.
@@RVParkProfits smart!! you may pay not even half of that electricity sounds not right to me .. anyways congrats keep saying that’s the investment so we don’t have all the people trying to do the same then they fuck up the rent prices haha
@@henrymendez4541 Its all about permitting here. Takes months. An account rep. Pestering. Once you serve over a certain number of people the well has to past lab test to be done right. Drilling a well is easy... takes 2 weeks. It's the permitting that takes forever.
I would be really interested in if there is an increase in occupancy after the expansion. It all looks good on paper but would be a disaster if you dropped the occupancy to 40% due to doubling the spaces and not filling them. That is the question I keep having as I look for a campground to purchase, what is the draw to get more people in to the campground?
@@RVParkProfits Mostly just wondering about how a typical park preforms in relationship to operating at or near capacity. I realize 100% occupancy too often is really a sign you are not doing something right. Either your price is too low or your are not large enough. So if you only ever hit 80% occupancy and double your size how difficult is it to bring guest in?
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Thank you so much for being transparent and helping me to looking forward to opening my future RV park
sure things thanks for subscribing.
This is gold thanks man! signed up for the newsletter
cool!
Thank you for your effort to putting this presentation together. I honor you and your team. So the final question is if this is a total of cost for 40 or 50 PADs? On the spread sheet states 40 but on your presentation you mentioned you guys ended up building 50.
Great info. Thanks for the video.
welcome thanks for watching.
Good Video ! Thank you 🙏
thanks
Thanks for that. Looking at 15 acres just for such purpose. The electric installation really surprised me.
yea but its so dang important to do that part right.
also 15 acres sounds awesome.
They screwed you so good with the prices !! Haha
@@henrymendez4541 Remember I said it was a budget for the bank. Prices vary. :)
@@RVParkProfits smart!! you may pay not even half of that electricity sounds not right to me .. anyways congrats keep saying that’s the investment so we don’t have all the people trying to do the same then they fuck up the rent prices haha
Why is the well and electrical so expensive? I had a 500 foot well dug here for $8k
is it a public waster system? That permitting process it huge.
electric also included setting up panels. Consult your local electrical contractor. :)
@@RVParkProfits woow that guy 8k for a well .. where ? Here in Cali 100k for a well right now
@@henrymendez4541 Its all about permitting here. Takes months. An account rep. Pestering. Once you serve over a certain number of people the well has to past lab test to be done right. Drilling a well is easy... takes 2 weeks. It's the permitting that takes forever.
$6 per ft here.
I knew folks would have interested questions about this LOL
I would be really interested in if there is an increase in occupancy after the expansion. It all looks good on paper but would be a disaster if you dropped the occupancy to 40% due to doubling the spaces and not filling them. That is the question I keep having as I look for a campground to purchase, what is the draw to get more people in to the campground?
Yes of course we have 50 spaces now. Interesting in coming to see it?
@@RVParkProfits Mostly just wondering about how a typical park preforms in relationship to operating at or near capacity. I realize 100% occupancy too often is really a sign you are not doing something right. Either your price is too low or your are not large enough. So if you only ever hit 80% occupancy and double your size how difficult is it to bring guest in?
Researching availability is key.
why was their gross revenue so low? $84k from 19 full hookup spots at 78% occupancy equates to an average nightly rate of $15. What am I missing?
That was not really a main worry to make the purchase. It was all about the ability to add value.
Really hard to follow your chain on thoughts. I wish I could just look through the numbers without anyone speaking
like a spreadsheet?
Yeah this guy is hard to listen to. Sounds like he has marbles in his mouth.
Mute or sound of could be a great alternative