Host: Casey Silveria

Guest: Don Spafford

Hello everyone and welcome back to the Farming for Passive Income show where we strive to educate the agricultural community on hands-off commercial real estate investing and growing their business.

I’m your host Casey Silveria and today we are joined today Don Spafford

You don’t have to have a lot of money to get started in real estate. Our guest, Don Spafford, proved that you can hustle your way to financial success, and serve other people along the way.

In this episode, Don looks back on how his personal struggles fueled his desire to be in a better financial position in order to help others improve their lives. He considers this as his mission, but he also has words of advice on finding the balance between helping and enabling.

Don Spafford has an educational and professional background in Finance and Securities Investing. His wife is from Paraguay and together they enjoy the opportunities they have to travel back to visit family there and to help the communities in South America. When his wife became a realtor around 2010, it motivated him to want to learn how to invest in Real Estate. The family moved from Nebraska to Idaho in 2015, and it was there in Idaho that they got started. He bought his first property, a four-plex, in 2017, then two more 18 months later. He began moving into commercial real estate including ground-up development projects and eventually landed with Happy Camper Capital, providing syndication opportunities in RV campgrounds. He enjoys spending as much time as he can with his family to create lasting memories. His hobbies include coin and bank-note collecting, traveling, and when he can, he likes to watch movies at home. Don has very high moral and religious standards and will not bend his beliefs for anything. His word is his bond.

https://happycampercapital.com/don-spafford/

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Show notes:

1:30 Don’s Introduction and background

4:45 His transition from four-plex to CRE

14:38 His return criteria that he aims for and passed to his investors

19:11 Don shared how do they generate off season incomes

24:00 how do they handle risk curve of limited labor pool

27:05 How do they source their deals

29:05 How he brings investors to his company and his journey as he started with Multifamily, Commercial and now RV camping