RV & Cabin Resort Rentals With Paul McAllister & Darvin Zurfluh

The Wisdom, Lifestyle, Money, Show

Darwin Zerflou, CEO of Pinnacle Lifestyles, discusses the company's focus on RV and cabin resort businesses in British Columbia. They buy campgrounds in world-class destinations, primarily in the Rocky Mountains, and offer a range of amenities and activities for outdoor enthusiasts. Investors can participate by investing in Pinnacle Lifestyles Fund 3, which has a targeted rate of return of 12-16% over an eight-year term. The company also offers opportunities for individuals to purchase RV and cabin sites and generate income through rentals. Darwin emphasizes the importance of diversifying investments and highlights the strong demand for camping and RV sites in British Columbia. He also discusses the impact of COVID-19 and climate change on the business.

• (00:00) - Introduction to Darwin Zerfluh and Pinnacle Lifestyles
• (02:38) - Focus on RV and Cabin Resort Business in British Columbia
• (09:11) - Investment Opportunities with Pinnacle Lifestyles
• (10:07) - Generating Cash Flow through RV and Cabin Site Rentals
• (19:33) - Impact of COVID-19 and Climate Change on the Business
• (26:50) - Managing Rentals and Ensuring Consistency
• (28:41) - Future Plans for Pinnacle Lifestyles

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Takeaways

• Pinnacle Lifestyles focuses on RV and cabin resort businesses in British Columbia, with a focus on world-class destinations in the Rocky Mountains.
• Investors can participate by investing in Pinnacle Lifestyles Fund 3, which offers a targeted rate of return of 12-16% over an eight-year term.
• The company also offers opportunities for individuals to purchase RV and cabin sites and generate income through rentals.
• Diversifying investments into the camping and RV sector can be a good option for real estate investors.
• The demand for camping and RV sites in British Columbia is strong, with a higher ratio of RVs to full-service hookups compared to other provinces.
• COVID-19 had both positive and negative impacts on the business, with increased demand for outdoor activities but also temporary travel restrictions.
• Climate change can potentially impact the number of nights that can be booked due to extreme weather events.
• Pinnacle Lifestyles focuses on providing a consistent level of experience and manages bookings and rentals internally to maintain control over standards.
• Repeat business is important, and the company offers rebooking options for customers to secure their preferred sites for future visits.
• Pinnacle Lifestyles plans to continue developing their existing properties and may consider expanding to new destinations in the future.

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