Kevin Bupp

In this week's Cash Flow Friday tip I'd like to talk about how to effectively dissect and read through a credit report when evaluating prospective tenants. Some of you may think this is as easy as looking at a credit score or seeing if there are any collections or delinquent debts, but if you want to do yourself and your rental justice you really need to learn how to build a story from the data provided and only then make a determination based on both the facts obtained from the credit report and info provided from the tenant to decide if they will make the cut.

This show will walk you through my process of reading a credit report and screening an applicant in which I've honed though thousands of tenant applications and credit/background screenings.

Recommended Resources

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Our Guest

Yours Truly

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Our guest for this week’s show is corporate housing expert and CEO of Avenue West Corporate Housing, Kimberley Smith. In today's show we're going to speak with Kimberly about the booming business of corporate rentals and why as an investor you should seriously consider diversifying your portfolio using this investment strategy.

Here's What You'll Learn

What exactly is corporate housing and who are your typical tenants

What attracted her to this niche and why you should take note

Why diversifying into corporate housing is a smart play for RE investors

The benefits of working with a company like Avenue West

What types of markets work best for corporate housing

The typical type of housing a corporate client looks for

The average rental premiums an investor can expect from going this path versus a traditional rental unit

And much more...

Our Guest

Kimberly Smith - Company Website

Recommended Resource

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link  https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Check out Kimberly and Avenue West @ www.AvenueWest.com

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In this week's Cash Flow Friday tip I'd like to talk about how to come across as a pro when cultivating relationships with commercial real estate brokers. If you're currently not using brokers to help bring you deals then you're probably missing out on some good opportunities. You see, great brokers are masters in their marketplace and particular asset class and can introduce you to deals that the rest of the population doesn't know about yet because they're off-market and unlisted properties.

Now, the challenge with finding brokers who will add you to their so-called pocket listing database is proving that you're a real player and that you can execute if the broker sends a good deal your way.  If you already have a track record then this is easy because the proof is in the pudding, but if you're new to the business or maybe this is your first commercial deal, then you're going to have to prove yourself in order to help this relationship develop with these brokers and the first step to doing this is by learning to sound like a pro when you speak with them.

In this week show I'll be sharing my 3 part strategy that you must master in order to start cultivating those valuable relationships with brokers.

Recommended Resources

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Our Guest

Yours Truly

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Our guest for this week’s show is Rich Dad Advisor, Asset protection specialist, and best-selling author, Garrett Sutton. In today's show we're going to speak with Garrett about his bestselling book, Loopholes of Real Estate.

Whether you're a brand new investor or someone who has been investing for years, you're goal should be to maximize your income and returns from your investment properties as well as protecting them from and in this book Garrett covers these two topics in detail as well as multiple others that are critical to your success as a real estate investor and I highly recommend you go and grab a copy for yourself.

Here's What You'll Learn

Why you need to think about asset protection NOW and get a strategy in place

The importance of building a team and who should be a part of it

Why leverage is your friend if used properly

The benefits of depreciation in investment real estate

How to completely defer capital gains taxes by using a 1031 exchange

Why LLC's are the best entity structure for holding real estate

Why cash flow should always be your main objective

What you need to know about section 469(c)(7) of the tax code

And much more...

Our Guest

Garrett Sutton - Company Website

Recommended Resource

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link  https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Check out Garrett's companies @  http://www.SutLaw.com & www.CorporateDirect.com 

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In this week's Cash Flow Friday tip we're going to discuss using VA's or virtual assistants to help grow your real estate business by allowing you to delegate the busy work so you can focus on the money making activities. I've been using VA's in my businesses for many years now and I don't think I'd be where I am today without them. You can quickly and inexpensively create a small army of diligent and efficient workers to help you manage and grow your business. How does hiring a college educated assistant for $3 per hour sound? Well, that's what we'll be talking about today.

Recommended Resources

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Our Guest

Yours Truly

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Our guest for this week’s show is Brian Burke who is the co-founder and managing director of Praxis Capital and CEO of Praxis Residential, which is a privately held RE investment firm based in Northern California who is active in both the single family and multi-family space and has completed well over $200 million in acquisitions.

Brian and his team have been absolutely kicking butt and during this interview Brian shares with us some of his secret sauce that has attributed to his success as an investor, but I'll warn you ahead of time that the primary ingredients of this secret sauce are loads of hard work and thorough education. One of the most impressive parts of Brian's story is how he started his professional career as a police officer and invested in real estate in his spare time. In fact, he worked a full-time job for a # of years before taking the leap of faith into becoming a full-time real estate investor.

Here's What You'll Learn

How he was able to build a rental portfolio while working a full-time job

The steps he took to self educate himself into becoming a real estate investor

Why he feels it's critical to prove your investment concept with your own money before taking investors capital

Learn the different fund structures that Brian uses for his different projects

What markets he's excited about today and why

What his crystal ball is telling him about the next few years

His goal to underwrite 1 multi-family deal per day with the goal of buying 2-3 deals in 2015

And much more..

Our Guest

Brian Burke - Company Website

Recommended Resource

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link  https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Check out Brian's company @  http://www.PraxCap.com

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In this week's Cash Flow Friday tip I'd like to talk about the topic of allowing emotions to get involved when purchasing an investment property and why this can have disastrous consequences.

Over the years I have seen many investors make bad decisions on real estate purchases because they let their heart do the talking and didn't focus enough on the numbers. What I mean by this is never fall in love with a building because it's got great architecture or because it's in the neighborhood you grew up in or how about a piece of raw dirt that you feel (no know) has a promising redevelopment future without knowing the facts.

Try to resist this so-called "falling in love" with any given investment property because I can promise you one thing - It will never love you back.

 

 

Recommended Resources

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Our Guest

Yours Truly

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Our guest for this week’s show is Vacation Rental Expert, Matt Landau. Matt currently owns and operates multiple vacation rentals in Panama City, Panama and is the founder of the popular niche vacation rental website, VacationRentalMarketingBlog.com

Matt and I had an awesome conversation regarding the vacation rental industry which has seen explosive growth over the past few years with the emergence of sites such as VRBO.com, Homeaway.com, AirBNB.com and many others. Matt talks about how he got his start in the industry and how he was able to quickly able to become known as one of the leading providers of premium vacation rentals in the historical district of Panama city, Panama. He also discusses what unique qualities attracted him to Panama City's historic district which he describes as New Orleans 100 years ago in that it's rough around the edges but is full of opportunity can you buy neurontin over the counter and is abundant with culture.

Matt believes that the Vacation Rental niche is still in its infancy and that there is a still a ton of opportunity available for those investors who are looking for an investment vehicle that offers strong returns and stable growth. Being someone that has personally used vacation rentals for multiple vacations I have to agree with him, especially if you're buying in highly desirable tourist markets.

Here's What You'll Learn

How he got his start in the vacation rental business

The important role that 3 mentors played in his life and how he found them

What unique attributes excited him about investing in the emerging tourist destination of Panama City, Panama

Why he feels that the vacation rental market is still in its infancy and will continue to grow at a fast rate

How he was able to find and befriend strategic partnerships in this new county which enabled him to complete his first acquisition

How he was able to position his properties as "best in class" in a very short period of time

How he uses technology to create consistent bookings thus creating very high demand for his properties

Why the big brand hotel operators aren't too happy about the vacation rental niche impeding on their market share

And much more...

Our Guest

Matt Landau - Company Website

Recommended Resource

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link  https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Check out Matt's website http://www.VacationRentalMarketingBlog.com

Check out a few of Matt's most popular articles from his Vacation Rental blog:

Report: Top 10 Most Cost-Effective VR Marketing Techniques,

Here's PROOF You Need Great Vacation Rental Photographs,

Ten Experts Predict Vacation Rentals in 2015,

Matt's Gang Reintegration Foundation: Esperanza San Felipe

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In this week's Cash Flow Friday tip I'm going to go into detail on how you can use Craigslist as a tool to test a local rental market and the overall demand for that particular investment property before ever acquiring it. I mean, who would want to know how much demand there will be for a rental unit and how much you'll be able to get for it before ever buying it. Forget proforma's that the turnkey operators try to sell you on and why would you ever rely solely on the realtors opinion on what you'll be able to rent the unit for. Let the facts speak for themselves.

Now some of you might feel that this technique is a little misleading or unethical and you're completely entitled to your opinion. My goal when buying a mobile home park is to ensure we're buying in an area that has sufficient demand for the type of property I'm offering. Take the guess work out of the equation and let the market tell you whether or not the property you're considering buying is in high demand and will rent fast.

#1: Write a description for the property and be specific as possible without mentioning the address or neighborhood it's located in, since after all you don't own it yet. Be sure to include all the relevant facts: schools, beds/baths, sq. ft., age, upgrades, monthly rent $, etc

#2: Search google images and try and locate a similar looking exterior image (don't use an image of the exact property you're looking to buy) as well as a few interior images. Again, don't go and use the exact images of the property you're looking to buy. Using similar images which you grab from the web will do the job and won't get you in hot water.

# 3: Create a free google voice phone number which is where you'll be forwarding the calls to. Setup a voicemail message with a basic greeting so that the callers think they're calling an individual. If you're running more than 1 test ad at a time (maybe you have more than 1 property or are testing different markets) then you can use an app called burner which will allow you to create multiple temporary numbers with VM's for each for up to 30 days. We use this when we are looking at multiple parks and need to run numerous test ads to determine demand

#4: Post the CL ad and be sure to include the phone number to your google voice or burner app.

#5: Sit back and see how many calls come in. I personally like to see at least 5-6 calls per day for a specific property, but you'll need to figure out what the right demand for you is. If you're in a small market then maybe that number is 2-3 calls per day.

Recommended Resources

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Our Guest

Yours Truly

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Our guest for this week’s show is Joe Stampone who is the Vice President of Investments for Atlas Real Estate partners, a privately held RE investment firm located in NYC who specializes in opportunistic and value add real estate in the multi-family, student housing, retail, and office sector

Unlike our typical guest here on the show who took the independent path of working their way to financial freedom through investing in real estate which usually consists of starting out with single family home investments and gradually working their way into larger and more profitable commercial deals, Joe decided on a different path, a path that landed him with a newly formed investment firm who specializes in institutional grade investments throughout a broad range of investment types.

Joe 's goal with this approach was to surround himself with the smartest in the industry and build a track record for himself in order to gain an edge that will directly benefit him when the day comes where he'll venture out on his own. I personally think this is a brilliant approach and one that should be seriously considered by those who are currently working their way through college and have a serious interest in a career in real estate.

Click link to get special gift from Joe: http://astudentoftherealestategame.com/bupp/

Here's What You'll Learn

The reasons for choosing the institutional path versus going out on his own

How he was able to land a key role with Atlas Real Estate Partners directly out of school

What fundamentals his group looks for within a particular market

How 3rd party strategic relationships has allowed Atlas to successfully diversify into multiple different asset classes

How Atlas has been able to create more efficient management of investor relations by integrating an already proven crowdfunding platform

What the day to day life within a private investment firm looks like

Joe's inspiration for starting his real estate blog "A student of the real estate game"

And much more...

Our Guest

Joe Stampone

Recommended Resource

Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide

Schedule a free "no obligation" call directly with Kevin by clicking this link  https://www.timetrade.com/book/KV2D2

Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com

Check out Joe's blog "A Student of the Real Estate Game" by clicking this link  Joe's Blog

Learn more about Atlas Real Estate partners http://www.atlasrep.com/

Click link to get special gift from Joe http://astudentoftherealestategame.com/bupp/

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