CDL 16: How To Make Money With RVs (Rolling Real Estate)...

CashFlow DadLife

So the big question is this, what would you do if money didn't matter? So you had millions in your bank account, what would you focus on? Would you spend more time with your family, with your wife, with your kids, take family vacations. Would you pursue your gifts and talents and dreams?

Serve your local community, teach others, serve your church. You see if what you would do if money didn't matter, it was pursuing your gifts and talents and dreams to serve others. And that is probably what you should be doing. The problem is most people are in the rat race, living five inches in front of their face with no time to pursue what they were born to do.

That is the problem...

And the solution is to develop enough passive income to replace your working income so you can quit your job and be free to live your life the way you were created to. That is the solution. And this podcast will show you how.

What's up guys? This is Ryan Ankle cashflow, dad life, your humble host. And, uh, if you hear a little background noise is because I'm on the road right now. I am a, I'm actually taking my family on an rv trip.

We're going down to key West in Florida for a nice little vacay with something we do a couple of times a year.

We try to take the RV somewhere and it's just a great time, you know, family bonding time with the kids and the wife. And, and, uh, sometimes we go with friends too, so it's a, it's just a good time. So I apologize for the background noise, but everybody's asleep right now.

So I just thought of the perfect time to bang out a podcast and this podcast is actually going to be about RVs. Now, a lot of people don't know this, but rvs are like an incredible source of generating very quick cashflow and longterm wealth as well.

I've talked in the past about different strategies in real estate that being a quick nickel, slow dime and I talked about scalable strategy, something that you can do over and over again without using your own money.

And this is something you could do with rvs...

It's actually an incredible way to develop passive income. In fact, I was able to, within 12 months, I was able to develop over $100,000 in passive income by renting out Rvs, not just my rv, but using other are, uh, other people's rvs to do it. And there's actually people out there, I've gone, I've actually kind of immersed myself in this world.

So there's producers out there that are making well over six figures!...

I know guy in Michigan who's making $360,000, guys in California was making over a million a year, uh, no guy in Las Vegas who's making over a million a year.

And it's basically taking advantage of the short term rental market. This is something that we've talked about in podcasts in the past. How they're, uh, the short term rental market is incredibly hot, especially the peer to peer market.

Places like Airbnb, Brbo no, they're kind of taken over that short term rental industry. And people are traveling different, they're being more creative, they like different experiences. And it's the same way with Rvs, people are now a, rvs are just kind of exploding in growth.

And every year, like Warren Buffet has just invested a ton of money in rvs and, and every year they break the sales record for rvs.

So more and more people are wanting to travel this way, uh, they use them for Nascar, they use them --- Support this podcast: https://podcasters.spotify.com/pod/show/cashflow-dadlife/support