RV Masterclass Live Deal Review - Jul 7, 2026
In this live RV Masterclass session, host Heather Kiddoo and co‑presenter Bobby Souza guide community members through the final stages of evaluating an RV‑park acquisition. They recap a Texas park deal, walk through the Letter of Intent (LOI) template, and discuss seller‑finance structures (4% interest, 10‑year balloon, 25‑year amortization, extension options). The conversation covers due‑diligence timing (60‑day feasibility, document checklists, earnest‑money conditions), underwriting metrics (occupancy trends, expense ratios, DSCR stress‑testing, cap‑rate benchmarking for the Houston market), and value‑add pro‑forma building. Participants raise practical questions about proof‑of‑funds, broker communication, flood‑zone risks, and partnering for first‑time investors. The session ends with a plan to draft an LOI, share findings next week, and start evaluating a new park.
Topics
Live RV Masterclass: Final Deal Review and LOI Walkthrough
Heather and Bobby recap a Texas RV‑park deal, explain the purpose of the session, and outline the steps to create and submit a Letter of Intent.