Glen Gould Online

Category: Blog

  • RV PARK TRAINING DAY 1

    What is this video about?

    We’re just getting started! Get the full experience in the Zoom – guides, links, and a live Q&A. Don’t miss out! ► Register here:

    How do RV parks generate passive income?

    RV parks provide consistent monthly cash flow through lot rentals. Unlike traditional real estate, RV parks typically require less maintenance per unit while generating steady income from multiple tenants. The business model allows investors to scale income without proportionally increasing workload.

    Many successful investors use creative financing strategies to acquire RV parks without traditional bank loans, making this asset class accessible even for those starting with limited capital.

    What makes RV park investing different from traditional real estate?

    RV parks offer unique advantages including lower per-unit maintenance costs, multiple income streams, and strong demand in many markets. The barrier to entry can be lower when using seller financing or other creative acquisition strategies.

    Summary

    This video provides valuable insights into rv park training day 1, offering practical strategies for real estate investors and entrepreneurs. The content emphasizes actionable approaches that can be implemented regardless of experience level or available capital.

    Key themes include creative problem-solving, building sustainable income streams, and leveraging relationships and knowledge to create opportunities in the real estate market.

    Key Points

    • RV parks offer strong passive income potential with lower maintenance requirements
    • Creative financing makes RV park acquisition accessible without traditional loans
    • Multiple income streams and consistent demand create stable cash flow
    • Proper due diligence and market analysis are essential for success

    Watch the full video above to learn more about rv park training day 1.

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  • Why I Stopped Buying Houses and Started Building People

    What is this video about?

    Most people quit real estate because it feels greedy, lonely, and cutthroat. We decided to build it differently

    How do RV parks generate passive income?

    RV parks provide consistent monthly cash flow through lot rentals. Unlike traditional real estate, RV parks typically require less maintenance per unit while generating steady income from multiple tenants. The business model allows investors to scale income without proportionally increasing workload.

    Many successful investors use creative financing strategies to acquire RV parks without traditional bank loans, making this asset class accessible even for those starting with limited capital.

    What makes RV park investing different from traditional real estate?

    RV parks offer unique advantages including lower per-unit maintenance costs, multiple income streams, and strong demand in many markets. The barrier to entry can be lower when using seller financing or other creative acquisition strategies.

    Summary

    This video provides valuable insights into why i stopped buying houses and started building people, offering practical strategies for real estate investors and entrepreneurs. The content emphasizes actionable approaches that can be implemented regardless of experience level or available capital.

    Key themes include creative problem-solving, building sustainable income streams, and leveraging relationships and knowledge to create opportunities in the real estate market.

    Key Points

    • Community and collaboration accelerate investor success
    • Working together provides access to more deals and resources
    • Supporting others creates a positive ecosystem for everyone
    • Relationships are more valuable than any single transaction

    Watch the full video above to learn more about why i stopped buying houses and started building people.

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  • The $50K/Month RV Park Formula

    RV parks are one of the last corners of real estate where ordinary investors can buy meaningful cash flow at a fair price — often directly from a retiring mom-and-pop owner willing to finance the sale. The video lays out the formula; this article walks through the math and the playbook behind a $50K/month park.

    Why RV Parks Cash Flow So Hard

    Compare the economics to a rental house. One property, one tenant, one roof. An RV park is 40, 80, 150 income streams on one piece of land — and the tenants bring the dwelling with them. Your capex is pads, hookups, and common areas, not kitchens and HVAC. Expense ratios often run 30–40% of revenue versus 45–55% for apartments.

    The $50K/Month Math

    Take a 120-pad park at $500/month average per pad — a blend of long-term monthly tenants and higher-rate nightly/weekly travelers. That is $60K/month gross; at a 35% expense ratio you are near $39K net before debt — and parks with amenities, storage income, and dynamic seasonal pricing push past $50K. The formula is not magic: pads × rate × occupancy, minus expenses. The lever is buying parks where all three inputs are under-managed.

    Why the Deals Are Findable

    A huge share of parks are still owned by the families that built them decades ago. Many run on paper ledgers, charge below-market rates they have not raised in years, and have no online booking. Those owners are often more interested in retirement income than a lump sum — which is why seller financing is common: your down payment, their note, no bank in the middle.

    The Value-Add Playbook

    1. Raise rates to market. The most common finding: pads renting 20–40% below comparable parks.
    2. Fix the marketing. Online booking, listings on the RV platforms, a real website. Traveler occupancy responds fast.
    3. Add income streams. Boat and RV storage, laundry, propane, dynamic weekend pricing.
    4. Professionalize operations. A park manager plus simple software turns a lifestyle burden into a system — and a sellable asset.

    What to Watch Before You Buy

    • Zoning and any grandfathered status — confirm the pad count is legal.
    • Utilities: private well/septic capacity is the classic hidden capex bomb.
    • Seasonality: verify twelve months of real numbers, not the summer run rate.
    • Flood zones and insurance — especially anywhere near the coast.

    Florida Is Prime Territory

    Year-round camping weather, snowbird demand, and continuous in-migration make Florida parks some of the strongest in the country — the Panhandle included. If you are hunting for RV park or land opportunities in this market, connect with me at WinWithGlen.com and let’s talk about what is actually trading here.

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  • Airbnb vs RV Parks – The Tax Truth

    High-income earners flock to Airbnb for one reason that has nothing to do with hospitality: taxes. Short-term rentals can turn paper losses into real deductions against W-2 income. What fewer people know is that RV parks can deliver the same tax benefits — often with fewer operational headaches. The video compares the two; here is the full breakdown.

    The Short-Term Rental Tax Play

    Normally, rental losses are “passive” and cannot offset your active W-2 or business income. The short-term rental exception changes that: when average guest stays are seven days or less and you materially participate in the operation, losses become non-passive. Pair that with cost segregation and bonus depreciation — which front-load years of depreciation into year one — and a high earner can shelter a serious amount of active income with one property.

    The Catch With Airbnb

    Material participation is a real jobs test, not a checkbox — think 100+ documented hours and more than anyone else spends on the property. With an Airbnb that means guest messaging, turnovers, pricing, repairs — hospitality work, every week. Add municipal STR permit fights, platform dependence, and market saturation in many vacation towns, and the “passive” investment becomes a part-time job with a W-2 attached.

    How RV Parks Deliver the Same Benefits

    • Depreciation-rich assets: an RV park’s value is mostly land improvements — pads, roads, utility hookups, clubhouses — which depreciate over 15 years instead of 27.5, making cost segregation unusually powerful.
    • Short average stays: parks with nightly and weekly travelers can qualify under the same short-stay rules.
    • Participation at scale: hitting the hours threshold on a 100-pad park is straightforward — you are running a small business, and every hour counts once, instead of managing five scattered Airbnbs to shelter the same income.
    • No platform risk: nobody’s algorithm decides your occupancy, and no city council is banning RV parks that already exist.

    Airbnb vs. RV Park at a Glance

    Both can shelter active income. The Airbnb wins on entry price and familiarity. The park wins on scale (one closing, dozens of income streams), 15-year depreciation schedules, expense ratios, and durability of the tax position. The honest trade: parks require bigger checks — or creative structures like seller financing — and real operational ownership.

    Before You Chase the Deduction

    Buy the asset first and the tax benefit second — a bad property with great depreciation is still a bad property. And run the specifics past a CPA who actually works with cost segregation and the STR rules; the difference between “qualifies” and “almost qualifies” is an audit.

    Florida’s year-round season makes it one of the best states in the country for both strategies. If you are shopping the Panhandle for short-term rental or RV park opportunities, reach me at WinWithGlen.com.

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  • How to Know When a Real Estate Deal Is Worth It

    The most expensive deals in real estate are not the ones that lose money — they are the mediocre ones that eat two years of your attention while better opportunities pass by. The video below makes the case for evaluating deals on opportunity cost; this article turns it into a usable checklist.

    The Filter: Money or Better

    Every deal should do at least one of two things: make you money, or make you better — new market knowledge, a new strategy learned, a new relationship with a lender or partner. A deal that does neither is a pass no matter how “fine” the numbers look. A skinny deal can still be a yes early in your career if the education is real; a decent deal can be a no later if it merely repeats what you already know at scale you have outgrown.

    The Numbers That Decide

    • Cash flow after everything. Debt service, taxes, insurance, management, vacancy, capex reserves — if it only cash-flows when you skip line items, it does not cash flow.
    • Your true all-in basis vs. value. Purchase plus rehab plus carry plus closing, against today’s honest comps — not the best-case after-repair value.
    • Multiple exits. A deal that only works as a flip in a rising market is a bet, not an investment. The good ones survive plan B: rent it, wrap it, refinance it.
    • Deal-to-effort ratio. A $15K profit that needs six months of your personal labor is a job, not a deal.

    The Opportunity-Cost Questions

    1. If my capital and hours were free right now, is this the deal I would choose? Or am I choosing it because it is the one in front of me?
    2. What does saying yes prevent me from doing for the next 12 months?
    3. Am I forcing the numbers to work because I have already invested time in it? (Sunk cost is how bad deals get bought.)

    When Walking Away Is the Profit

    Passing on a mediocre deal is not zero — it is preserving the capital, credit, and attention that let you strike when a great one appears. Every experienced investor has a story about the deal they barely escaped and the better one they could only take because they did. Discipline at the offer stage is the highest-paid work in this business.

    A Local Reality Check Helps

    Numbers travel; markets do not. Rents, taxes, insurance, and buyer demand are hyper-local — especially in Florida, where insurance alone can flip a deal from green to red. If you are evaluating property in the Panhandle and want an honest second set of eyes on the numbers, reach me at WinWithGlen.com.

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  • This Separates W-2 Earners from Investors

    What Is This Video About?

    Understand the fundamental mindset shift between W-2 employees and successful investors. The ability to raise capital is the most valuable skill that separates those who scale from those who stay stuck.

    What Separates W-2 Thinking from Investor Thinking?

    W-2 employees are trained to use their own money for everything. Real investors master the skill of raising capital, allowing them to scale beyond personal financial limitations.

    Why Is Raising Capital the Most Valuable Skill?

    Once you can raise capital effectively, you’re never limited by your own resources. Deal size, portfolio growth, and investment opportunities all expand when you can leverage other people’s money.

    Why Does This Matter for Real Estate Investors?

    Understanding these strategies gives investors an edge in today’s competitive market. Creative financing opens doors that traditional lending closes, allowing investors to acquire assets, generate cash flow, and build wealth without relying on banks or perfect credit scores.

    What Are the Key Takeaways?

    • Creative finance provides alternatives to traditional bank lending
    • Focus on solving seller problems to structure win-win deals
    • Skills and relationships are more valuable than any single transaction
    • Take action based on fundamentals, not complexity or hype

    Related Reading

  • Real Estate Investing Hack

    What Is This Video About?

    Pace reveals his approach to deal analysis: start with the desired outcome and reverse engineer the structure. Creative finance provides flexibility to hit your numbers while still satisfying seller requirements.

    What Is the Best Real Estate Investing Strategy?

    Start with your desired outcome and reverse engineer the deal. Instead of asking “is this a good deal?”, ask “does this hit my number?” Creative finance provides flexibility to structure deals around your specific goals.

    How Do You Structure Deals for Maximum Cash Flow?

    Define your monthly cash flow target first, then work backwards to structure terms. If both parties’ numbers work, you already have a deal – you’re not locked into one approach.

    Why Does This Matter for Real Estate Investors?

    Understanding these strategies gives investors an edge in today’s competitive market. Creative financing opens doors that traditional lending closes, allowing investors to acquire assets, generate cash flow, and build wealth without relying on banks or perfect credit scores.

    What Are the Key Takeaways?

    • Creative finance provides alternatives to traditional bank lending
    • Focus on solving seller problems to structure win-win deals
    • Skills and relationships are more valuable than any single transaction
    • Take action based on fundamentals, not complexity or hype

    Related Reading

  • Why Would a Seller Agree to This??

    What Is This Video About?

    Discover why sellers agree to creative finance terms that seem favorable to buyers. The key is solving problems for sellers – when you take over payments and provide peace of mind, everyone wins.

    What Are the Core Principles of Successful Real Estate Investing?

    Success in real estate comes from understanding creative financing options, building relationships with motivated sellers, and structuring deals that benefit all parties. Education and action combined create results.

    How Can New Investors Get Started?

    Start by learning the fundamentals of creative finance, connecting with experienced investors, and taking action on your first deal. The skills you develop are more valuable than any single transaction.

    Why Does This Matter for Real Estate Investors?

    Understanding these strategies gives investors an edge in today’s competitive market. Creative financing opens doors that traditional lending closes, allowing investors to acquire assets, generate cash flow, and build wealth without relying on banks or perfect credit scores.

    What Are the Key Takeaways?

    • Creative finance provides alternatives to traditional bank lending
    • Focus on solving seller problems to structure win-win deals
    • Skills and relationships are more valuable than any single transaction
    • Take action based on fundamentals, not complexity or hype

    Related Reading

  • This Is How You Go From Newbie to Wealthy

    What Is This Video About?

    This video breaks down what actually matters for building wealth early in your career. Pace provides real guidance on value creation, client selection, and avoiding the trap of working hard without strategic direction.

    What Holds Most Beginners Back from Building Wealth?

    Many beginners work hard without strategic direction, chasing wrong opportunities that quietly stall progress for years. Understanding who you serve and how money actually moves is more important than generic motivation.

    What Should Beginners Focus On First?

    Focus on value creation, not just effort. Build relationships with the right clients, understand leverage, and invest time in opportunities that compound your skills and network rather than just immediate income.

    Why Does This Matter for Real Estate Investors?

    Understanding these strategies gives investors an edge in today’s competitive market. Creative financing opens doors that traditional lending closes, allowing investors to acquire assets, generate cash flow, and build wealth without relying on banks or perfect credit scores.

    What Are the Key Takeaways?

    • Creative finance provides alternatives to traditional bank lending
    • Focus on solving seller problems to structure win-win deals
    • Skills and relationships are more valuable than any single transaction
    • Take action based on fundamentals, not complexity or hype

    Related Reading

  • Social Media is Killing the Next Generation.

    What Is This Video About?

    Pace shares his personal approach to helping his son overcome phone addiction by providing purpose rather than restrictions. Giving children meaningful activities they’re excited about naturally reduces screen dependency.

    How Is Social Media Affecting Young People?

    Constant phone and social media use is keeping young people indoors and disconnected from real-world experiences. This impacts development, motivation, and the ability to build meaningful skills.

    What’s the Solution for Parents?

    Rather than simply taking devices away, give children purpose and exciting alternatives. Channel their energy into real activities that excite them – the phone becomes secondary when they have something meaningful to pursue.

    Why Does This Matter for Real Estate Investors?

    Understanding these strategies gives investors an edge in today’s competitive market. Creative financing opens doors that traditional lending closes, allowing investors to acquire assets, generate cash flow, and build wealth without relying on banks or perfect credit scores.

    What Are the Key Takeaways?

    • Creative finance provides alternatives to traditional bank lending
    • Focus on solving seller problems to structure win-win deals
    • Skills and relationships are more valuable than any single transaction
    • Take action based on fundamentals, not complexity or hype

    Related Reading