Real Estate Investing for Cash Flow with Kevin Bupp

This week's Cash Flow Friday tip is the top 3 critical market indicators to help you identify high demand or "soon to be high demand" areas to invest

The question is, how do you find out whether the property you’re considering is located in a high demand area and whether the area will continue to be in high demand in the future because the last thing you want to do is buy a property in a declining market where incomes are deteriorating, unemployment is rising, and people are moving out.

#1 - Demographics: Commercial property investing is really all about space investing. What that means is that you are buying, selling, or leasing space that you think the general population not only want, but need. Take a look at the number of households, people, and businesses residing within 3-5 miles of your property. The more the better. A simple free tool I use to do a quick and dirty analysis for this is www.BestPlaces.net and www.City-Data.com

#2 - Income: To market, sell, and lease your space, you need paying customers. That means the more paying customers you have within 3-5 miles of your property that earn enough money to pay for your property, the better. For example, when I’m evaluating a market for Mobile Home Parks, I will look for median household incomes of $28,000 or better. That’s because residential tenants will spend about 1/3 of their income on housing. I’m looking for tenants that can afford at least $7,000-9,000/year. (583-750 mo)

#3 - Infrastructure: Airports, highways, railways, ports, area amenities are all critical indicators for high demand areas. People want to live, work, and sleep where access is easy and amenities are available. If you’re looking at an apartment community 1 hour from any Walmart location, you might want to reconsider how “in demand” that are might really be. In fact, when I'm looking at a mobile home park within a new market I always look to see if there's a walmart and how close by it is. If there is no walmart in town then I usually pass immediately.

This week's Cash Flow Friday tip is the top 3 critical market indicators to help you identify high demand or "soon to be high demand" areas to invest. The question is, how do you find out whether the property you’re considering is located in a high demand area and whether the area will continue to be in high demand in the future because the last thing you want to do is buy a property in a declining market where incomes are deteriorating, unemployment is rising, and people are moving out.

#1 - Demographics: Commercial property investing is really all about space investing.  What that means is that you are buying, selling, or leasing space that you think the general population not only want, but need.  Take a look at the number of households, people, and businesses residing within 3-5 miles of healthlibr.com your property.  The more the better. A simple free tool I use to do a quick and dirty analysis for this is www.BestPlaces.net and www.City-Data.com

#2 - Income: To market, sell, and lease your space, you need paying customers.  That means the more paying customers you have within 3-5 miles of your property that earn enough money to pay for your property, the better.  For example, when I’m evaluating a market for Mobile Home Parks, I will look for median household incomes of $28,000 or better.  That’s because residential tenants will spend about 1/3 of their income on housing.  I’m looking for tenants that can afford at least $7,000-9,000/year. (583-750 mo)

#3 - Infrastructure: Airports, highways, railways, ports, area amenities are all critical indicators for high demand areas.  People want to live, work, and sleep where access is easy and amenities are available.  If you’re looking at an apartment community 1 hour from any Walmart location, you might want to reconsider how “in demand” that are might really be. In fact, when I'm looking at a mobile home park within a new market I always look to see if there's a walmart and how close by it is. If there is no walmart in town then I usually pass immediately.

Our Guest

Yours Truly

Review and Subscribe

In this weeks show we’re going to cover a topic that has seem to become a popular over the past few weeks throughout the numerous conversations I've personally had with real estate investors who own multi-unit and single family rental properties

This week’s show is a quick one in comparison to our normal Monday session and I’m going to get straight to the point as this is a topic that we don’t need to tip toe around. It’s really a no brainer and if you’re not implementing this strategy then you’re doing yourself and your business a disservice and you should really second guess your choice as being a professional landlord or real estate investor who owns rental properties since you'd be leaving a ton of money on the table without this technique in place

And the topic or technique is about enforcing monthly late fees and why as a landlord I love when my tenants pay late and you should too if you want to increase you NOI.

Here's What You'll Learn

Why it is soooo important to enforce late fees

How you increase your NOI by as much as 10% by implementing this simple practice

How this simple strategy will make your job as a landlord much less stressful

How enforcing such a policy will make for better residents

And much more…

Our Guest

Yours Truly

Review and Subscribe

In this weeks show we’re going to cover a topic that has seem to become a popular over the past few weeks throughout the numerous conversations I've personally had with real estate investors who own multi-unit and single family rental properties

This week’s show is a quick one in comparison to our normal Monday session and I’m going to get straight to the point as this is a topic that we don’t need to tip toe around. It’s really a no brainer and if you’re not implementing this strategy then you’re doing yourself and your business a disservice and you should really second guess your choice as being a professional landlord or real estate investor who owns rental properties since you'd be leaving a ton of money on the table without this technique in place

And the topic or technique is about enforcing monthly late fees and why as a landlord I love when my tenants pay late and you should too if you want to increase you NOI.

In this show you’re going to learn:

§ Why it is soooo important to enforce late fees

§ How you increase your NOI by as much as 10% by implementing this simple practice

§ How this simple strategy will make your job as a landlord much less stressful

§ How enforcing such a policy will make for better residents

§ And much more…

This week's Cash Flow Friday tip is based on a profound statement I like to use when speaking to both new and ultram 100 mg order experienced RE investors about their investment strategy and the saying is “Real Estate is easy to get into, but hard to get out of.

Let them tell you what this statement means to me by breaking it down into two separate parts with the first part being– the getting into real estate and the second part getting out of real estate a.k.a. your exit strategy.

Getting into real estate is easy

Many different strategies to make money in RE, some of which you can do with almost a zero budget (wholesaling)

Multiple different educational options to learn the business (books, bootcamps, coaches, podcasts, etc)

Great financing options even for people with bad credit (hard or private money and even creative financing)

Bottom line, if you put your mind to it you can buy an investment property, BUT just because you buy something doesn’t mean it’s a worthwhile property that will meet your goals – both short and long term. In addition, it’s imperative that you fully understand your exit strategy and have both a plan A, B, and C before ever getting into it because as the saying goes, getting into RE is easy but getting out can be a much greater challenge, one that if you don’t do your homework and have a plan in place can leave you in financial ruins.

Possible exit plans

Adding value and selling for short term capital gains

Holding for long term cash flow

Adding value and refinancing to pull your capital back out

Fire sale – worst case scenario

 Selling on creative terms

Thanks for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen.

Our Guest

Yours Truly

Review and Subscribe

This week's Cash Flow Friday tip is based on a profound statement I like to use when speaking to both new and experienced RE investors about their investment strategy and the saying is “Real Estate is easy to get into, but hard to get out of.

Let them tell you what this statement means to me by breaking it down into two separate parts with the first part being– the getting into real estate and the second part getting out of real estate a.k.a. your exit strategy.

Getting into real estate is easy

• Many different strategies to make money in RE, some of which you can do with almost a zero budget (wholesaling)

• Multiple different educational options to learn the business (books, bootcamps, coaches, podcasts, etc)

• Great financing options even for people with bad credit (hard or private money and even creative financing)

Bottom line, if you put your mind to it you can buy an investment property, BUT just because you buy something doesn’t mean it’s a worthwhile property that will meet your goals – both short and long term. In addition, it’s imperative that you fully understand your exit strategy and have both a plan A, B, and C before ever getting into it because as the saying goes, getting into RE is easy but getting out can be a much greater challenge, one that if you don’t do your homework and have a plan in place can leave you in financial ruins.

Possible exit plans

• Adding value and selling for short term capital gains

• Holding for long term cash flow

• Adding value and refinancing to pull your capital back out

• Fire sale – worst case scenario

• Selling on creative terms

Thanks for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen.

In today's show, we're going to flip the tables and take a completely different angle as we interview Passive Real Estate Investor, Jeremy Roll. You see, we usually have owners on the show who are active operators and which a good portion of them get their funding from silent or passive investors to fund their acquisitions. Well, Jeremy is one of those passive investors and has built quite the empire in strictly a passive role and he's here to tell you all about it

A little bit about Jeremy: Jeremy has been an active real estate and business investor for over 13 years who left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 50 opportunities across almost $400 Million worth of real estate and business assets. As President of Roll Investment Group, Jeremy manages a group of over 850 investors in the US and Canada who seek passive/managed investments in real estate and businesses.

Jeremy co-Founded public investor meetings under the name FIBI (For Investors By Investors) in 2007 with the goal of networking with, learning from, and helping other investors. FIBI is now the largest group of public investor meetings in Southern California, with over 15 monthly chapters and over 13,000 members. Jeremy is originally from Montreal, is a licensed California Real Estate Broker (for investing purposes only), has an MBA from The Wharton School, and is an Advisor for Realty Mogul, the largest online crowdfunding marketplace for real estate investors to invest in managed real estate opportunities. Jeremy has a diverse investor and fundraising network for real estate and business opportunities and has a large network of real estate and business contacts.

Here's What You'll Learn

What it means to be a passive investor

The types of returns Jeremy expects through his passive investments

The process of performing due diligence on a passive opportunity

The steps he takes to qualify the sponsor of investment opportunity

Why he likes to diversify into multiple different asset classes

The typical timeframe you can expect to have your capital tied up

The responsibilities of a passive investor

Jeremy's outlook for the next 5 years and why he's seeking out longer term investments

And much more…

Our Guest

Jeremy Roll - [email protected]

Review and Subscribe

In today's show, we're going to flip the tables and take a completely different angle as we interview Passive Real Estate Investor, Jeremy Roll. You see, we usually have owners on the show who are active operators and which a good portion of them get their funding from silent or passive investors to fund their acquisitions. Well, Jeremy is one of those passive investors and has built quite the empire in strictly a passive role and he's here to tell you all about it

A little bit about Jeremy: Jeremy has been an active real estate and business investor for over 13 years who left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 50 opportunities across almost $400 Million worth of real estate and business assets. As President of Roll Investment Group, Jeremy manages a group of over 850 investors in the US and Canada who seek passive/managed investments in real estate and businesses.

Jeremy co-Founded public investor meetings under the name FIBI (For Investors By Investors) in 2007 with the goal of networking with, learning from, and helping other investors. FIBI is now the largest group of public investor meetings in Southern California, with over 15 monthly chapters and over 13,000 members. Jeremy is originally from Montreal, is a licensed California Real Estate Broker (for investing purposes only), has an MBA from The Wharton School, and is an Advisor for Realty Mogul, the largest online crowdfunding marketplace for real estate investors to invest in managed real estate opportunities. Jeremy has a diverse investor and fundraising network for real estate and business opportunities and has a large network of real estate and business contacts.

In this interview with Jeremy you’re going to learn:

§ What it means to be a passive investor

§ The types of returns Jeremy expects through his passive investments

§ The process of performing due diligence on a passive opportunity

§ The steps he takes to qualify the sponsor of investment opportunity

§ Why he likes to diversify into multiple different asset classes

§ The typical timeframe you can expect to have your capital tied up

§ The responsibilities of a passive investor

§ Jeremy's outlook for the next 5 years and why he's seeking out longer term investments

§ And much more…

In today's Cash Flow Friday tip we're going to talk about keeping an eye on the conditional of your rental properties on a regular basis and how to do it without looking like you're micro managing your tenants by creating a monthly or bi-monthly HVAC filter replacement program.

Our company implements a Bi-monthly plan which kills two birds with one stone and you can do the same.

1. It ensures that our equipment is maintained as our past experience has shown that most tenants never replace filters, even if they are given a year's supply at the beginning of the lease agreement.

2. You can identify any other potential maintenance issues while in the home and also get a good look at the overall condition of the residence and see if the tenants are breaking any of the polices of the rental agreement (undocumented pets, more residents than stated, drugs or other illegal activity, etc.) If they are, you can take action to remedy the situation by creating a formal warning to them to fix the situation by a certain date or run the risk of being evicted due to breach of contract.

Deferred maintenance and unruly tenants can wreak havoc on you and your property and by implementing a maintenance program like the one discussed you can hopefully get in front of any bad situations before they start.

Thanks for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen.

In today's Cash Flow Friday tip we're going to talk about keeping an eye on the conditional of your rental properties on a regular basis and how to do it without looking like you're micro managing your tenants by creating a monthly or bi-monthly HVAC filter replacement program.

Our company implements a Bi-monthly plan which kills two birds with one stone and you can do the same.

1. It ensures that our equipment is maintained as our past experience has shown that most tenants never replace filters, even if they are given a year's supply at the beginning of the lease agreement.

2. You can identify any other potential maintenance issues while in the home and also get a good look at the overall condition of the residence and see if the tenants are breaking any of the polices of the rental agreement (undocumented pets, more residents than stated, drugs or other illegal activity, etc.) If they are, you can take action to remedy the situation by creating a formal warning to them to fix the situation by a certain date or run the risk of being evicted due to breach of contract.

Deferred maintenance and unruly tenants can wreak havoc on you and your property and by implementing a maintenance program like the one discussed you can hopefully get in front of any bad situations before they start.

Thanks for listening in to the Cash Flow Friday Tip and until we meet again next week, Get out there and make some cash flow happen.

Our Guest

Yours Truly

Review and Subscribe