311 - Why This Investor Ditched Multifamily for Hot Springs and National Parks

311 - Why This Investor Ditched Multifamily for Hot Springs and National Parks

July 6, 2026 · 43 min · Season 6 · Episode 311

About this episode

Zander Kemp discusses his shift from multifamily investments to luxury glamping and hot spring resorts near national parks, highlighting the potential of this underpriced niche.

What if the smartest move in real estate right now isn't multifamily at all? While thousands of investors keep fighting over the same overpriced apartment deals, Zander Kemp walked away from 23 apartment buildings to chase something almost nobody else was building: luxury glamping and hot spring resorts parked right outside America's busiest national parks. In this episode, Zander, founder of Clear Summit Investments, breaks down exactly how he identified outdoor hospitality as a massively underpriced niche, still 90% owned by mom and pop operators, trading at cap rates nearly double what multifamily and self storage command. He walks through his entire investment thesis: why proximity to growing metro areas and capped national park visitation numbers create built in demand, how amenities like cold plunges and hot tubs drive outsized returns per unit, and how his Real Freedom Income Fund structures investor returns across three distinct paths, from 10% monthly cash flow to 14% compounded over three years. He also gets refreshingly specific about deal sourcing, the "work camper" staffing model that keeps his resorts running lean, and the exact criteria his team uses to evaluate a…

People in this episode

Host: Jen Josey

Guest: Zander Kemp

Topics covered

Keywords

Mentioned in this episode

Organizations: Clear Summit Investments

Places: America, national parks, hot springs, luxury glamping

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