Real Estate Investing for Cash Flow with Kevin Bupp

Today's episode is from Mobile Home Park #95 that originally aired on Sep. 25, 2018.

Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks.

Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement.

He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them.

HIGHLIGHTS:

7:22 - Mike's background? 12:50 - Mike's first deal 17:33 - Mike shares his story of fixing his first park's septic 23:03 - Mike's 2nd & 3rd MHP deals 26:20 - Advice on owning rural parks 28:41 - Mike's biggest mistakes in the MHP business. 31:20 - Find the right managers to oversee your parks. 34:12 - Importance of Work-Life Balance, & how Mike is able to achieve it

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Real estate and non-performing note expert, Eddie Speed is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes. Additionally, he is also a principal in a family of Private Equity funds that acquires bulk portfolios of notes. Eddie Speed has dedicated his professional life to the seller financing and non-performing note industry and over the 3+ decades, he has introduced ideas and strategies that have positively impacted the way the industry operates today.

Connect with Eddie: https://eddiespeed.com/ ,https://www.youtube.com/@NoteSchool ,

Highlights:

2:53 - How to Market The Right Way / Eddie's Structor

5:73 - Discounts in order to afford deals

6:50 - How Eddie's School Can Help Investors

9:22 - Long Strategy Plan / Investing in Notes / The School

17:27 - Re-performing Loans (RPL)

21:02 - Owning Notes / Who It's For

Quote: "A lot of people that come to my school are burnt out landlords." - "The waterfall is pretty simple - start out with a good property."

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Dave Codrea is co-founder of Greenleaf Capital, an Atlanta based real estate investment firm. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US with a growing portfolio that currently includes Apartments, Mobile Home parks, and various Commercial properties.

Quote:

"Flex space can move with what you need in your business. Entrepreneurs, small business owners are normally pretty adaptable and they figure it out. They've got some wooden tables around and they make it work!"

Highlights:

2:50: What drove Dave into the world of real estate / learning more about Green Leaf

5:25: Best performing office spaces - where are they located?

10:57: Property management software

12:50: Navigating the internal debt market / Future opportunities

14:45: Kevin and Dave talk, "then and now," with interest rates increasing

18:44: Lending relationships - keeping it local with small community banks/credit unions

Guest Website: https://www.gogreenleafmanagement.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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 14 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them."

As you go out into the market place and look for deals, a common theme you'll see is that virtually none of the marketing packages pitched by brokers have a yearly allowance for capital expenditures. You must budget for these large capital items down the road.

Every park will be different on this subject based on its unique characteristics. Parks with a large volume of park owned units will obviously require more frequent home repairs. Parks on private utilities will require you to save larger sums of money to deal with potential utility problems. Parks with dirt and gravel roads will need more frequent repairs to stay in good working order.

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Andrew Reichert is the CEO and founder of Birgo Capital, a Pittsburg based, fully-integrated private equity real estate firm comprised of two unique platforms—Birgo Realty and Birgo Capital—both of which are on admission to improve lives through real estate. The team at Birgo handles everything in-house, from property acquisitions and asset management all the way down to on-site maintenance which provides both investors & tenants with unparalleled service.

Connect with Andrew: https://www.birgo.com/

Andrew's Book: https://www.rosjourney.com/

Highlights:

1:55 - Andrew's Rebellious Road to Real Estate

5:07 - The "Call" to Real Estate

7:27 - How Business Operation Has Changed For Andrew

17:00 - Andrew's Recent Funds / Hold Periods

21:59 - Building a Talented Team

25:28 - Andrew's Most Challenging Project (4 year build, Covid)

Quote: "I knew that there was a purpose for me in the real estate business."

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Robert Levy is a Real Estate Expert and Managing Partner at LBX investments.

LBX Investments is a diversified commercial real estate investment firm that prides itself in its proprietary, research-driven approach to identifying and investing opportunistically in mispriced assets. Their experience runs the gamut across a number of different property types including, but not limited to, retail, multifamily, and hotels.

Quote:

"Our goal is to own good real estate in the right markets."

"This is why we like retail…there's a high barrier to entry not to get into the market but to do well in the market."

Highlights:

01:35 - Robert tells listeners more about his background in real estate.

02:52 - Robert's retail investments & business.

06:30 - Portfolio performance and covid-19.

10:50 - Debt and deals in retail investments.

14:43 - Robert provides insight into his company's long-term, capital raises & strategy.

25:22 - What it's like to bring investments up to value.

27:55 - Robert explains the renovations made to one of his company's investments.

Connect with Robert: https://www.lbxinvestments.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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Satish Atluri currently oversees Communities in five different states consisting of a total of 750 rentable lots, which ranks Parkway Communities in the Top 100 Mobile Home Park owners in USA. Satish entered the MH space in 2013 after twenty years of senior management experience in the information technology industry.

Connect with Satish by Here

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Real estate investment expert, Mike Kramer the CEO & founder of Freed By Real Estate, a private equity real estate investment firm specializing in value-add multi-family properties. His business journey began at a young age after a family tragedy left his family in a financial crisis, sparking his determination to build wealth. Over the years, Mike bought and sold several businesses, gaining valuable insights. In 2016, a life-altering accident caused Mike to lose vision in one eye. This experience shifted his focus from merely building wealth to creating passive income. Now, with over 20 years of real estate investing experience, Mike is fully committed to helping others achieve financial independence through real estate, offering investors the opportunity to build generational wealth.

Connect with Mike: https://freedbyrealestate.com/

Highlights:

1:29 - The Incident That Changed Mike's Life

5:09 - Creating a Family Oriented Business

15:47 - Investing as a Limited Partner

20:52 - Mike's Unique Business Model

27:00 - Navigating as Cash Flow Buyers

34:00 Today's Economic Cycle/Future Real Estate

Quotes: "I remember thinking... I'm a great business guy, I solved the money problem but my family is in shambles. What did I do wrong?"

"If I'm going to do something in the future, I need to create wealth but I also need to honor my family."

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Today's Flash Back Friday episode is from #510 that originally aired on Nov. 6 2022.

CJ Follini is the managing principal of Noyack Logistics, a public real estate investment trust that specializes in American logistics real estate infrastructure with core values based on the continued growth of eCommerce.

CJ's experience spans more than 38 years as a leading investment expert on alternative real estate assets including healthcare, cold storage logistics, venture capital, media infrastructure, and Qualified Opportunity Zone development.

Quote:

Don't go for the last dollar in an inflationary environment - go for stability.

Highlights:

06:40: CJ's first real estate deal at age 15

10:30: Lessons CJ has learned from operating in high inflationary environments in the past

14:00: Building your legacy using commercial real estate investment

17:01: Growth rates of ecommerce real estate needs and its projected trajectory

22:20: Taking advantage of opportunities in cold storage investments

25:00: Adapting usage of commercial properties as needs shift

28:00: Changing usage of parking structures as office needs change post-Covid

31:00: The future of single-use properties

Guest Website: https://noyackcapital.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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Today's episode is from Mobile Home Park #121 that originally aired on Dec. 30 2020.

Andrew and I discuss how he's created an incredibly efficient process of locating, acquiring and infilling quality used homes into his various communities.

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.

Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.