# JF4227: RV Park Underwriting, Multiple Revenue Streams and Deal Analysis ft. Heather Blankenship

Page: https://stenobird.com/podcast/the-best-ever-cre-show-740347/jf4227-rv-park-underwriting-multiple-revenue-streams-and-deal-analysis-ft-heather-blankenship
Text version: https://stenobird.com/podcast/the-best-ever-cre-show-740347/jf4227-rv-park-underwriting-multiple-revenue-streams-and-deal-analysis-ft-heather-blankenship.md
Podcast: [The Best Ever CRE Show](https://stenobird.com/podcast/the-best-ever-cre-show-740347)
Published: 2026-04-22T08:00:00+00:00
Episode link: https://traffic.megaphone.fm/BCRRB9893314135.mp3
Audio file: https://traffic.megaphone.fm/BCRRB9893314135.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-best-ever-cre-show-740347/episodes/jf4227-rv-park-underwriting-multiple-revenue-streams-and-deal-analysis-ft-heather-blankenship
Duration seconds: 2832

## Resource

Amanda Cruise interviews Heather Blankenship, who shares how she built a diversified portfolio across RV parks, mobile home parks, and multifamily over 15 years, starting as an owner-operator before scaling with a team. She explains why RV parks offer strong cash flow but require heavy operations, leading her to add more stable assets to balance her portfolio. Heather breaks down how RV parks have remained stable post-COVID due to drive-to demand and supply constraints, while also explaining the complexity of underwriting assets with multiple revenue streams and higher operational costs. She highlights the importance of aligning your investment strategy with your goals, whether that’s cash flow, tax benefits, or long-term stability. She also walks through a hybrid RV and mobile home park acquisition, where she increased occupancy through workforce housing demand and repositioned the asset for stronger performance. Her key takeaway is that one RV park can still be life-changing, but only if the asset type matches your desired level of involvement and long-term vision. Heather BlankenshipCurrent role: RV Park InvestorBased in: Florida Panhandle & TennesseeSay hi to them at: Instagram: @heatherblankenshipX3 website: www.heatherblankenship.com Visit ⁠trustetc.com/bestever⁠ for more info. Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit https://m1.com/ for more info. Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-best-ever-cre-show-740347/episodes/jf4227-rv-park-underwriting-multiple-revenue-streams-and-deal-analysis-ft-heather-blankenship/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-best-ever-cre-show-740347/jf4227-rv-park-underwriting-multiple-revenue-streams-and-deal-analysis-ft-heather-blankenship.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.