Real Estate Investing for Cash Flow with Kevin Bupp

Mark is the founder and president of Luxmana Investments, a real estate investment firm based in Denver, CO that focuses on both residential and multifamily investments. We're going to speak with Mark about how he was able to go from just being a part-time investor who still had to work a full-time job to make ends meet, to a person who quit the corporate rat race to pursue his Real Estate passion Full-Time. We'll also dive deep into the recent 64-unit apartment acquisition in TX and how he was able to find an opportunity in a property that most others had passed on.

I'm absolutely positive that you'll gain massive value from our show together and will be both inspired and motivated by Marks Story. And as a special bonus, Mark has so graciously agreed to give you a free copy of his recently written report titled 10 "NOT SO OBVIOUS" WAYS TO BOOST YOUR MULTIFAMILY PROPERTY NOI, but there is one catch, you'll have to listen until the very end in order to find out how to redeem your this free report.

In this show with Mark you're going to learn:

• How Mark got his start with one duplex in 2004 while working full-time in the technology field before scaling up his investments and leaving the rat race in 2015 to go full-time as a real estate investor.
• The reasons Mark attributes most of his successes to the incredible team he has built and feels he wouldn't be where he is today without them.
• The hard lessons Mark learned after investing his money in what he later found out was an investment scheme and the small steps he could have taken that could have potentially helped him avoid this mess.
• Why Mark chooses to buy apartments in markets that are almost 1,000 miles away from his home in Denver, CO and the systems he uses to manage these from afar.
• The opportunities that can exist in stale listings and how Mark was able to pick up a great deal that many others passed on.
• The importance of forming a strong relationship with the city or county inspector in the area where your property is located.
• How to accelerate your growth by finding both a mentor and experienced sponsor.
• And much more…

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let's talk. Click here https://www.timetrade.com/book/KT36S
• Marks Free ebook: http://www.luxmana.com/kevinbupp

In today’s show, we’ll be speaking with President of Stewardship properties, Bill Syrios. More specifically, we’ll learn how Bill got his start as a real estate investor while working as a campus pastor at the university of Oregon. And although Bill is well versed in most types of real estate, today we’re going to focus on the student housing niche and what lessons he’s learned during his time within this segment. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Bill’s story.

In this show with Bill you’re going to learn:

• How Bill got involved in Real Estate investing in Portland, OR while working full-time as a pastor.
• How Bill uses the power of leverage to build cash flow and long-term wealth.
• The Stanford marshmallow experiment and how this applies to you and your real estate business. If you’re not familiar with it then do a quick google search.
• How Bill adds massive value to his student housing rentals by utilizing and converting any and all unused space into living space.
• How close in proximity to the school your rentals need to be in order to be desirable.
• Understanding the market analysis and determining market demand.
• How smaller companies like Bill’s have been able to compete and succeed against the larger institutional developers who are building mega student housing projects.
• The challenges of dealing with an 80% annual turnover rate and how to effectively manage it.
• What websites and online directories are most popular for marketing student rentals.
• The benefits of having Mom and Dad as the guarantor.
• How to convert non-residential type of real estate into student rentals. For example, Bill speaks to how he converted a medical office building into a student housing building.
• And much more

Recommended Resources:

• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

In today’s show, we’ll be speaking with President of Stewardship properties, Bill Syrios. More specifically, we’ll learn how Bill got his start as a real estate investor while working as a campus pastor at the university of Oregon. And although Bill is well versed in most types of real estate, today we’re going to focus on the student housing niche and what lessons he’s learned during his time within this segment. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Bill’s story.

Here's What You'll Learn

How Bill got involved in Real Estate investing in Portland, OR while working full-time as a pastor.

How Bill uses the power of leverage to build cash flow and long-term wealth.

The Stanford marshmallow experiment and how this applies to you and your real estate business. If you’re not familiar with it then do a quick google search.

How Bill adds massive value to his student housing rentals by utilizing and converting any and all unused space into living space.

How close in proximity to the school your rentals need to be in order to be desirable.

Understanding the market analysis and determining market demand.

How smaller companies like Bill’s have been able to compete and succeed against the larger institutional developers who are building mega student housing projects.

The challenges of dealing with an 80% annual turnover rate and how to effectively manage it.

What websites and online directories are most popular for marketing student rentals.

The benefits of having Mom and Dad as the guarantor.

How to convert non-residential type of real estate into student rentals. For example, Bill speaks to how he converted a medical office building into a student housing building.

And much more

Our Guest

Bill Syrios - Company Website

Recommended Resources

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

Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

Review and Subscribe

Our guest for this week’s show is powerhouse retail investor and developer and founder of Simon CRE, Josh Simon. In today’s show, we’ll be speaking with josh about how he started his CRE business from scratch while still in his mid-twenties and in a short 6 years has grown it to a company that holds more than half a million sq. ft. of retail space and is currently on track to develop more than $100 million dollars of projects in 2016.

Josh is the true definition of an entrepreneur and his fearless, but acutely focused attitude are what led him to where he is today. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Josh’s story.

Here's What You'll Learn

How Josh got his start in the commercial real estate industry and went onto found Simon Commercial Real Estate.

The struggles he face by starting his company in 2010, which was pretty much at the bottom of the recession and how he was able to push through and build a multimillion dollar commercial real estate firm within a few short years.

The first deal Josh did after stepping out on his own and how this first deal molded the business model that he built the basis of Simon CRE.

The reasons he feels that all the good shopping center redevelopment plays have dried up and most of the good deals have been picked over.

The impact that technology is having on the retail industry and how future developments will need to have drastic redesigns in order to adapt things such as or autonomous or self driving cars.

Why he feels that amazon drones or ecommerce stores won’t replace basic needs retail anytime soon.

The driving trends behind service based store chains like Dollar General and Dollar Tree and how these smaller retail footprints offer a more convenient option to larger store like walmart and targets.

What the process of site selection looks like when working as a preferred developer for a credit retailer.

Why Josh suggests that focus is one of the most important traits in the real estate industry.

And much more

Our Guest

Josh Simon - Company Website

Recommended Resources

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

Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

Review and Subscribe

Our guest for this week's show is powerhouse retail investor and developer and founder of Simon CRE, Josh Simon. In today's show, we'll be speaking with josh about how he started his CRE business from scratch while still in his mid-twenties and in a short 6 years has grown it to a company that holds more than half a million sq. ft. of retail space and is currently on track to develop more than $100 million dollars of projects in 2016.

Josh is the true definition of an entrepreneur and his fearless, but acutely focused attitude are what led him to where he is today. I'm absolutely positive that you'll gain massive value from our show together and will be both inspired and motivated by Josh's story.

In this show with Josh you're going to learn:

• How Josh got his start in the commercial real estate industry and went onto found Simon Commercial Real Estate.
• The struggles he face by starting his company in 2010, which was pretty much at the bottom of the recession and how he was able to push through and build a multimillion dollar commercial real estate firm within a few short years.
• The first deal Josh did after stepping out on his own and how this first deal molded the business model that he built the basis of Simon CRE.
• The reasons he feels that all the good shopping center redevelopment plays have dried up and most of the good deals have been picked over.
• The impact that technology is having on the retail industry and how future developments will need to have drastic redesigns in order to adapt things such as or autonomous or self driving cars.
• Why he feels that amazon drones or ecommerce stores won't replace basic needs retail anytime soon.
• The driving trends behind service based store chains like Dollar General and Dollar Tree and how these smaller retail footprints offer a more convenient option to larger store like walmart and targets.
• What the process of site selection looks like when working as a preferred developer for a credit retailer.
• Why Josh suggests that focus is one of the most important traits in the real estate industry.
• And much more

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let's talk. Click here https://www.timetrade.com/book/KT36S

Our guest for this week’s show is Deferred Sales Trust Expert, Richard Hershey.

In today’s show, we’ll be speaking with Richard about this 1031 exchange alternative called the deferred sales trust. If you’ve ever been involved in a 1031 transaction before then you know that the short time constraints can be absolutely nerve wrecking and a failed 1031 can leave your money tied up for up to 6 months, and worst yet, a failed 1031 means that all those capital gains you were trying to avoid paying will now be fully realized. Well, welcome to what I’d like to refer to as your 1031 plan B. Whether you’re a new investor or seasoned pro, I’m positive that you’ll get a ton of value from my interview with Richard today.

Here's What You'll Learn

What exactly a deferred sales trust is and how this estate planning instrument can offer you an alternative to a 1031 exchange and actually become a “plan B” or failsafe in case you encounter a failed 1031 exchange,

The benefits of being able to purchase investments other than just real estate from your sales proceeds by use of the deferred sales trust. These investments could be bonds, stocks, annuities, etc.

The costs and fees associated with this type of structure.

How, we real estate investors can use this as a strategy when dealing with sellers who don’t have an interest in buying more property and who also have a fully depreciated asset that will have some major tax consequences should they sell. In my business I deal with a lot of mom and pop sellers who are in this exact scenario where a deferred sales trust would be the perfect way for them to sell their property without having to exchange into another active real estate investment while still mitigating their exposure to uncle sam.

And much more

Our Guest

Richard Hershey - Company Website

Recommended Resources

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

Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

Review and Subscribe

Our guest for this week's show is Deferred Sales Trust Expert, Richard Hershey.

In today's show, I'll be speaking with Richard about this 1031 exchange alternative called the deferred sales trust. If you've ever been involved in a 1031 transaction before then you know that the short time constraints can be absolutely nerve wrecking and a failed 1031 can leave your money tied up for up to 6 months, and worst yet, a failed 1031 means that all those capital gains you were trying to avoid paying will now be fully realized. Well, welcome to what I'd like to refer to as your 1031 plan "B". Whether you're a new investor or seasoned pro, I'm positive that you'll get a ton of value from my interview with Richard today.

In this show with Richard you're going to learn:

• What exactly a deferred sales trust is and how this estate planning instrument can offer you an alternative to a 1031 exchange and actually become a "plan B" or failsafe in case you encounter a failed 1031 exchange,
• The benefits of being able to purchase investments other than just real estate from your sales proceeds by use of the deferred sales trust. These investments could be bonds, stocks, annuities, etc.
• The costs and fees associated with this type of structure.
• How, we real estate investors can use this as a strategy when dealing with sellers who don't have an interest in buying more property and who also have a fully depreciated asset that will have some major tax consequences should they sell. In my business I deal with a lot of mom and pop sellers who are in this exact scenario where a deferred sales trust would be the perfect way for them to sell their property without having to exchange into another active real estate investment while still mitigating their exposure to uncle sam.
• And much more

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let's talk. Click here https://www.timetrade.com/book/KT36S

Our guest for this week’s show is Multifamily Investor, full-time syndicator and expert direct marketer, Darin Garman.

In today’s show, we’ll be speaking with Darin about how he went from being a prison guard in Iowa to becoming a successful multifamily investor and an absolute brilliant marketer.

I actually learned of Darin many years ago after reading about him in a few various Dan Kennedy marketing books. For those who aren’t familiar with Dan Kennedy, he’s one of the leading experts in the Direct Marketing space and is the one who personally taught Darin how to leverage his marketing to drive results in the multifamily investment space. If you’re looking for an edge and want to learn how to create a massively effective direct mail campaign, then you really need to listen to what Darin has to say. I will warn you, it’s an abnormally long show but it is all quality and absolutely no fluff.

Here's What You'll Learn

How Darin started out as a prison guard in Iowa prior to venturing into the real estate field.

How he stumbled into the multifamily niche and built his business from scratch.

The benefits of the CCIM courses and why he feels that these are by far the best educational courses in the industry.

How he structured his very first partnership with investors and how be pitched it to entice investors.

What specific demographics and economics Darin looks when determining markets to invest in.

Why he prefers buildings with separately metered utilities and how he handles properties that are not separately metered.

Darin shares his scientific method that he uses to create constant deal flow by contacting owners directly and how you can apply the same method in your business.

How he uses newsletters to build himself as an industry expert, which in turn, also creates deal flow.

And much more

Our Guest

Darin Garman - Company Website

Recommended Resources

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

Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

Review and Subscribe

Our guest for this week's show is Multifamily Investor, full-time syndicator and expert direct marketer, Darin Garman.

In today's show, we'll be speaking with Darin about how he went from being a prison guard in Iowa to becoming a successful multifamily investor and an absolute brilliant marketer.

I actually learned of Darin many years ago after reading about him in a few various Dan Kennedy marketing books. For those who aren't familiar with Dan Kennedy, he's one of the leading experts in the Direct Marketing space and is the one who personally taught Darin how to leverage his marketing to drive results in the multifamily investment space. If you're looking for an edge and want to learn how to create a massively effective direct mail campaign, then you really need to listen to what Darin has to say. I will warn you, it's an abnormally long show but it is all quality and absolutely no fluff.

In this show with Darin you're going to learn:

• How Darin started out as a prison guard in Iowa prior to venturing into the real estate field.
• How he stumbled into the multifamily niche and built his business from scratch.
• The benefits of the CCIM courses and why he feels that these are by far the best educational courses in the industry.
• How he structured his very first partnership with investors and how be pitched it to entice investors.
• What specific demographics and economics Darin looks when determining markets to invest in.
• Why he prefers buildings with separately metered utilities and how he handles properties that are not separately metered.
• Darin shares his scientific method that he uses to create constant deal flow by contacting owners directly and how you can apply the same method in your business.
• How he uses newsletters to build himself as an industry expert, which in turn, also creates deal flow.
• And much more

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let's talk. Click here https://www.timetrade.com/book/KT36S

Our guest for this week's show is Multifamily Investor and full-time syndicator, Andrew Cushman.

In today's show, we'll be speaking with Andrew in detail about how he went from being a full-time chemical engineer to a full-time multifamily syndicator who has amassed 1,470 doors in just over 5 years.

Andrew will share with us intimate details on his first deal, which was a 92-unit apartment in Macon, GA that was 75% vacant and the lessons he learned from this first experience. He will also share the exact systems and processes that he uses to find deals in todays marketplace so that you can replicate these same ideas in your own business. Andrew's story is both inspirational and motivating as it truly shows what true grit and raw determination can afford us in this business. I'm positive that you'll enjoy and gain huge amounts of value from our show today.

In this show with Andrew you're going to learn:

• How Andrew transitioned from being a chemical engineer to a full-time fix and flip real estate investor before deciding to focus on syndicating multifamily properties.
• Learn about the trials and tribulations he experienced with his first multifamily deal, which was a 92 unit property in Macon, GA which was 75% vacant at the time of purchase and more than 2,700 miles away.
• How he was able to continue to thrive as an investor, even during the downturn of 2007 and 2008.
• How he found his first mentor who trained him in the multifamily space.
• How he found funding for his first multifamily deal through the relationships he had built while fixing and flipping residential homes.
• Why he's attracted to the Southeastern states and feels there are multiple secondary and tertiary that are experiencing positive growth.
• What underlying fundamentals Andrew looks for in the markets he invests in. For example; population, median house prices, median incomes, crime rates, job growth, etc and which websites he uses to perform this research.
• The step-by-step process he goes through to find high quality property management companies in markets where he has no presence or existing relationships.
• What relentless persistence means to Andrew and how it took him 4,576 calls to get his first deal.
• And much more

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to KevinBupp.com/guide
• Schedule your free 30 minute "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 JV with me on deals? If so, schedule a call with me and let's talk. Click here https://www.timetrade.com/book/KT36S