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RV University by Unhitched

9 members • $7/m

7 contributions to RV University by Unhitched
CPA & Bookkeeping Services
Hello Community! I'm seeking some bookkeeping and CPA services. I need a new CPA for my entire portfolio (mine was bought out this year and has stopped quality of service) and I need bookkeeping support for two new parks I'm acquiring this year. Does anyone have any good referrals?
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Park Marketing Investment
We are in the process of analyzing some marketing channels for where to best invest the dollars spent. Analyzing Chamber of Commerce, Billboards, Channel Marketing (e.g., Harvest Hosts, Thousand Trails), Texas Association of Campowners, Facebook advertising as examples. Are there any recommendations on where the biggest value has been for existing park owners?
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Electrical Chargeback Automation
Curious and wanted to start a discussion here. I want to hear the pros and cons of the automated metering. We had an evaluation of our park and were given an ROI of 12 months. A lot of this would be due to only 25% of today's costs are captured. We can recoup that with improved processes though want to make sure we are capturing it. The gap being that we do have daily 100KWh limits or we bill back (past rules going to continue enforcing) and so we would have a maintenance person walking the pads as people check out vs. having automation. Has anyone gone with the automations and how did you view the ROIs?
0 likes • Mar 31
@Robert Preston Yes, all sites are metered.
0 likes • Apr 3
@Raegan Wall we are interviewing Wild Energy. What I've garnered so far is they are great to work with though we are determining the value of it. In the call last week Robert mentioned they use mostly people and it takes an hour a month. In our case we have transient and can bill back more so it's going to take time each week as people come in and out of the park. We are 80% transient. I spoke with another RV park investor that does use Wild Energy and says they do bring in the value that they commit to in the pitch.
So Much Value!
I've jumped on the coaching calls over the last few weeks and get so much value! As a new RV park investor/owner there are just things that you have to figure out along the way. e.g., Insurance, Management, etc. It's AMAZING to be able to connect with the Unhitched team and get advice along the way.
Park Turn Over - Hiring / Lease Options
Thought I would post in here! I'll try to join the weekly call tomorrow though currently have a conflict. With park turn over I'm working to hire a new manager. Do you have a questionnaire that you'd be able to share? I'm currently working on someone that would be a direct hire. Though that brings in concerns about coverage for vacations, weekends, etc. How do you recommend managing through that as a start up? I have a park that would be interested in a lease option. Would love some insights on how to structure. The seller is recommending a longer lease option (18 months) which we are aligned with. I believe he will at minimum want the current debt payment covered. He's currently trying to sell for $4M though with the last year results the value is significantly down (below $2M). We are working to determine the right purchase price and then come to terms on the lease. Then understand how do we fund it up until the option to buy is executed. It will require capital in advertising costs, stocking the store, and a few small expenses while we are getting it more profitable. Any tips here would be greatly appreciated.
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1-7 of 7
Erika Bates
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14points to level up
@erika-bates-1847
RV Park Investor | Underwriter

Active 67d ago
Joined Jan 2, 2025
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