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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI097: Deep Dive Into My RV Rental w/ Robert Leonard

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 22 November 2021

⏱️ 60 minutes

🧾️ Download transcript

Summary

In this week’s episode, Robert Leonard teaches all about investing in RV rentals by walking through his experience with his first RV rental investment. He discusses why he got into RV rentals, the different types of RVs there are and which are best, how to determine if there’s demand for RV rentals in your area, how to finance an RV, and a bunch more.  IN THIS EPISODE, YOU’LL LEARN: 02:10 - Why Robert got into RV rentals. 04:39 - What RV rentals are and how they work. 07:41 - Why RV rentals are interesting; the pros and cons. 08:14 - How to finance an RV purchase. 38:10 - What the different types of RVs are. 44:15 - How to handle insurance for RV rentals. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get more content from Robert. Read the 9 Key Steps to Effective Personal Financial Management. Gary Keller’s book The Millionaire Real Estate Investor. All of Robert’s favorite books. Related Episode: Listen to: Real Estate Masterclass w/ Buddy Rushing, or watch the video. Read this episode’s transcript and full show notes on our website. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Website | Twitter | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.3

I was totally shocked and it was a really big eye-opening lesson and situation for me to not

0:07.5

fall victim to perfectionism.

0:13.7

You're listening to Real Estate Investing by the Investors Podcast Network, where your host,

0:19.2

Robert Leonard interviews successful investors from

0:22.2

various real estate investing niches to help educate you on your real estate investing

0:26.8

journey.

0:31.4

Hey, everyone. Welcome to the Real Estate 101 podcast. I'm your host, Robert Leonard. There's not

0:40.9

going to be a guest with me today. There's no guest interview. It's just going to be me on the

0:44.8

mic teaching a concept or talking about a different situation that I have started. It's different,

0:49.6

I guess you could call it a deal that I've been working on over the last few months. And this actually

0:53.9

came up because I'm pretty active on over the last few months. And this actually came up because

0:55.3

I'm pretty active on social media and, you know, I get a lot of people that react to some of the

1:00.6

stuff I post, whether it's on my story or whether it's a regular post. But when I started posting

1:05.3

about RV rentals, I think that was probably the most that people reached out to me. Like, I didn't post a ton about it, but when I did, I think people responded and DM me and commented the most about RV rentals more than any other topic that I've posted about. And I got a lot of questions. So I said, well, let me just do an episode on it. And I didn't really need a guess for it because people were asking about my experience, what I was working on. And I've been listening to some conversational podcast recently where they didn't have a guest. And I really liked them. So I said, well, let's give it a shot and let's try and do that on this show. So like I said, in the intro, we're going to be covering everything about my RV deal from the very beginning to the end, where we're at today.

1:46.1

Actually, just had some cool stuff happen today or yesterday that is a good timing that I can share

1:50.3

with you guys. And then at the end of the episode, I'm going to do some Q&A about RV rentals.

1:56.5

I've had, like I said, a lot of you guys reach out to me via DM or email and ask me questions. So I took the most common ones and I put them at the end of the episode and I will answer all your questions there. So be sure to stay to the end to hear your questions. So I had no plans of getting into RV rentals. Like you guys, you probably didn't really know it was a thing.

2:23.7

And I had absolutely no clue that it was a thing. But I had a guest on the podcast. And it was,

2:28.5

I believe, episode 69 with Buddy Rushing. We talked mostly about real estate investing.

2:31.2

He's a very successful real estate investor. But he was telling me at the beginning of the episode that he's been starting to get into RV rentals and he was making quite a good amount of money. And so that was really interesting

2:37.5

to me because for those who have been listening to the podcast for a while, you know that I

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