LIfe in the Campground Management Business
One of the mistakes I made early on in the business of operating campgrounds was in calculating return on investment based on expected annual averages. The normal annual figures were fine, but failed to take into account that somewhere in our portfolio every year we were going to have major problems caused my mother nature. Towards the end of this video you can see -- actually you can't see it but trust me -- one of the campgrounds we operate under 8 feet of water.