RV Park Boss
A conversation with Dylan from Campfire Capital Group out of Greenville, South Carolina. Dylan runs two sides of the same business: brokering campground deals and buying parks himself. His take is that being an owner makes him a better broker, and being a broker makes him a better owner. We get into where he sees real opportunity right now (the Carolinas and Southeast, not just Texas and Florida), why the portfolio play of buying 10 to 15 parks and selling at a 7 cap is more of a theory than a reality in this market, and what sellers consistently get wrong about how parks are valued. He also shares a story about an appraiser who basically copy-pasted his own report back to him, which says a lot about how that process works. Good conversation for anyone thinking about buying, selling, or building a portfolio in the outdoor hospitality space.
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