The BetterLife Podcast

Campground Cash Flow: How a Corporate Dropout is Building a Real Estate Empire and a Lifestyle Business All In One | Kevin Thueson (Ep 165)

Aug 19, 2025
Kevin Thueson, a former accountant turned campground real estate investor, shares his inspiring journey from corporate life to building a thriving outdoor hospitality business. He discusses innovative investment opportunities within campgrounds, emphasizing lucrative cash flow and diverse revenue streams. Kevin also touches on the importance of mindset shifts and the challenges of transitioning to entrepreneurship. With insights on franchising, parenting, and navigating the complexities of the real estate market, he offers a unique perspective on finding fulfillment through adventure and risk-taking.
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INSIGHT

Campgrounds Are A Hybrid Asset Class

  • Campgrounds blend hospitality and real estate to capture cash flow and asset upside.
  • Kevin says this hybrid allows unique operational levers like converting tent sites to high‑rate RV or glamping sites.
ANECDOTE

Rich Dad Sparked A Go‑Big Move

  • Kevin discovered real estate after a college friend gave him Rich Dad Poor Dad and reawakened entrepreneurial thinking.
  • He sold his house and decided to go big and buy one deal that could produce the scale of many smaller deals.
ANECDOTE

Buying A KOA In A 900‑Person Town

  • Kevin found his first campground on rvparkstore.com and bought a distressed KOA in a town of 900 people.
  • He and his family sold their house, used seller financing, and moved to run the park hands‑on.
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