Real Estate Investing for Cash Flow with Kevin Bupp

Today's episode is from Mobile Home Park #17 that originally aired on Aug. 2, 2016

Charles and I will be discussing how to successfully manage your mobile home park. Over the last few weeks, we've personally been flooded with emails from people who asked questions relating to this topic. Instead of responding to each individually, we decided that it would provide much more value if we take each of your questions about the management and make a show on it.

This is broken down into four basic sections.

• The bare minimum of what a manager needs to be able to do
• Things that a manager can do to potentially get paid more
• Things a manager should not be doing
• How to find a manager for your park

We'll cover everything from A to Z as it relates to running a successful mobile home park.

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Ed Mathews is the founder and president of Clark Street Capital, a privately owned, commercial real estate investment firm that specializes in helping c-level executives create passive income streams through real estate and private equity investments.

Connect with Ed: Real Estate Underground Podcast, clarkst.com

Highlights:

1:20 - Ed's Journey to Real Estate

8:44 - Major Transitions & Ed's Business Today

17:50 - Navigating with Challenges

21:17 - How To Build a Great Team

28:17 - A Deal To Avoid

Quote: "The seemingly straight forward deals are always the most complicated ones."

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's Flash Back Friday episode is from #708 that originally aired on Feb. 19 2024.

Our guest for this week's show are real estate investment experts, Jason Postill and Tyler Lekas. Jason and Tyler are the principles of Manufactured Housing Community Investment Group and as you might guess by the name, their specialty is manufactured housing communities. They founded MHCI in 2019 and have since purchased more than 16 communities consisting of 700 sites.

Connect with Jason & Tyler: https://www.mhcigroup.com/

Highlights:

9:48 - Jason / Tyler's Partnership

17:51 - Park Owned Homes Strategic Advantages

23:29 - "Live and Learned" Experiences

32:24 - Converting Park Owned Homes

Quote: " We were just really hungry in the beginning"

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's episode is from Mobile Home Park #27 that originally aired on Sep. 27, 2016.

Charles and I will be speaking about our recent experience in a park we own in Raeford, NC. We recently acquired this park and quickly realized that both the on-site management and maintenance staff needed to be replaced ASAP! We discuss how we quickly identified the challenges associated with their poor performance and how we handled the transition with a completely new management team. This is a common scenario you will experience when purchasing turnaround or distressed mobile home parks and so we thought you might learn from our personal experience.

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Hunter Thompson, bestselling author and host of Cash Flow Connections, is also the founder of RaisingCapital.com. As an expert in capital raising, he shares valuable insights and strategies—tune in for top tips on mastering the space!

Connect with Hunter: Raisefest.com

Email [email protected] for AI Resources

Highlights:

2:15 - Hunter's Path/Background

6:15 - Hunter's Drive/Inspiration

14:40 - Capital Raising Getting Harder (Strategies)

19:10 - Using AI to Your Advantage

22:45 - LP Investing Evolution

31:39 - Hunter's Event Coming Up!

Quote: "If you just take it more seriously, out work everybody, you can out beat them!"

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's Flash Back Friday episode is from #696 that originally aired on Jan 22, 2024.

Travis specializes in the investment of raw tracts of vacant land and has transacted hundreds of deals since launching his business in 2014. Together, he and his wife Becca and I have personally completed hundreds of land flips and along the way have helped educate hundreds of others on how to successfully build a profitable land flipping business.

Quote: "Put a donut on the city and anything within an hour of the city is commutable."

Highlights:

7:50 - Subdividing vs. Flipping Properties

16:40 - Top-notch Subdividing Models

22:50 - The Beauty of it

29:00 - Travis' "Due Diligence Check List"

34:40 - Closing Thoughts/Advise

☑️ Connect with Travis: travisking.com

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's episode is from Mobile Home Park #67.

When you start looking at parks, you will begin to notice revenue items such as Late Fees, Application Fees, and Other Income. Brokers and sellers alike will try to tell you that it is appropriate to capitalize these income sources. I'm here to tell you that that is not necessarily the case!

One of the great things about owning mobile home parks is that your average lot renter is an extraordinarily stable tenant. So, how much money do you really think you'll be getting from application fees year in and year out?

The same goes for late fees. It is true that you will receive late fee income through the year. However, this should not be a significant source of income for any park. If it is, you may need to ask yourself if this is truly a stable and reliable tenant base.

The "Other Income." We've seen "other income" run as high as half the park's revenue. Brokers and sellers will put whatever they can think of in this category. Single family homes, small apartments, self-storage, vending machines, laundry income, etc. For these items, we prefer to break out the separate income streams and evaluate the reliability of each separately. We also want to see the expenses broken out for each to determine if they are truly worth having. This gives us a complete picture of what we are buying rather than lumping it together in vagueness.

When looking at your next deal, add together these revenue items and multiply them by 10. The number you come up with is the amount you could potentially be overpaying if you don't have a handle on these items.

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Bronson Hill is the founder and CEO of Bronson Equity, a real estate investment firm that specializes the multifamily sector. In addition to his investment activities, Bronson is also the host ofthe Mailbox Money podcast and also the best selling author of "Fire Yourself" Replace Your Working Income with Passive Income in 3 Years or Less.

Bronson's eBook - Text INFLATION to 33777

Highlights:

2:02 - Bronson's BG

4:21 - From Medical Rep to Real Estate

12:00 - Finding Cash Flow These Days

29:48 - Bronsons New Millionaire Book

33:32 - Publishing a Best Seller Book

Quote: "People that are wealthy read a lot, they learn a lot..." "Cash flow is what allows people to leave their job-to live a better life."

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's Flash Back Friday episode is from #137 that originally aired on Feb 21, 2017.

Mulit-family Investment Experts and fellow real estate podcasters, Jack Stenziano and Gino Barbaro. How they got their start as Multifamily investors and how they have been able to amass a portfolio worth in excess of $32 million in just a few short years. In our candid conversation we'll also discuss the various challenges they faced when getting started and how they were able to push through them even in the most difficult of times.

Here's What You'll Learn:

• What attracted Jake and Gino to the Knoxville, TN market and why they decided to turn their focus away from New York.
• The power behind finding a coach and mentor and how this catapulted them forward into the multifamily space.
• Why they love mom and pop owned apartment properties and what unique opportunities these types of properties offer them as investors
• How they negotiated very attractive owner financing on their first 25-unit deal.
• What value-add components they look for when seeking out multifamily properties
• The power of a credibility book and how to create one for your own business
• The importance of the market itself and why becoming a market expert needs to be your #1 priority and finding deals your #2 priority.
• Gino's technique on how to read 1 book per week.
• And much more

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Today's episode is from Mobile Home Park #15 that originally aired on July 26, 2015.

Charles and I will share with you the 5 quickest ways to add value and increase the cash flow in a mobile home park. These 5 methods are first things we consider when evaluating a mobile home park for purchase and are by far the most effective ways to increase your bottom line cash flow and skyrocket your appreciation.

Recommended Resources:

• Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.