Real Estate Investing for Cash Flow with Kevin Bupp

Today's episode is from Mobile Home Park #55 that originally aired on March 25, 2017.

Charles and I will discuss mistake number 10 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them."

We have all heard the phrase, "Use the seller's numbers" time and time again. This works great when you notice a seller is paying twice as much as they should for management or when your seller is paying for a utility you plan to pass through. However, this can quickly go awry when talking about repairs and maintenance, especially when the numbers are understated.

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.

Shams Merchant is recognized as an industry-leading commercial real estate and private equity attorney who advises clients on a wide range of commercial real estate and business transactions ranging in value from $1 million to over $350 million. This expertise encompasses the purchase, sale, financing, leasing, and construction & development of both commercial and residential properties. His experience runs the gamut of multiple assets types including but not limited to retail, shopping centers, multi-family, office, industrial, hotel, data centers, sports & recreation facilities, adaptive reuse & conversion projects and that's just to name a few.

Connect with Shams: https://mwfirm.com/, https://mwfirm.com/shams-merchant, https://www.linkedin.com/in/shams-merchant

Highlights:

4:09 - Is The Market Improving?

15:10 - Large Law Firms Don't Offer as Much

17:12 - Capital Raising with MW

22:33 - Transforming Old Indoor Malls

30:12 - Fund To Funds Are Hot!

Quote: "You still have to do your do diligence as an LB. You can't just rely on who you're investing with. You should s still take that extra step.

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 #549 that originally aired on Feb. 6, 2023.

James Kandasamy is the founder and CEO of Achieve Investment Group, a multifamily investment group based in Texas.

James currently oversees nearly 4000 units worth more than a half a billion dollars. Achieve is a vertically integrated multifamily Investment Firm dedicated to acquiring and operating properties with significant value-add components located in high growth top tier US MSA's.

Quote: "The market is all about human behavior."

Highlights:

06:40: Timing the market right when selling assets

11:00: Using bridge loans for multi-family investments

17:45: Why James is not looking for deals and what he's doing instead

19:20: Managing seller expectations with land entitlement deals

23:00: Feeling pressured to do deals by investors

25:00: Communicating with medical professionals looking to invest in real estate

30:00: Educating your investors about different types of deals

34:00: Hidden costs of development deals

38:00: The different levels of a development project and the related risks

34:10: James's predictions for the market over the next year

Guest Website: https://achieveinvestmentgroup.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 #54 that originally aired on March 23, 2017.

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 9 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them." When performing due diligence, it is important that you determine if the park lies within a floodplain. In fact, this should be one of the first steps you do.

In today's show Charles and I will discuss the following: How does a flood zone affect the deal? Can you even do this deal if it's in a flood zone? Can it be financed? What will your insurance agent say? Are there scenarios where a flood plain may be OK?

We'll cover all of this and more in todays show. Enjoy!

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.

Michael Tillman is the CEO of PTM Partners, a real estate investment and development firm focused on qualified opportunity zones. The team has collectively invested, developed, constructed, and managed more than $12 billion in real estate covering a broad range of mixed-use projects in Florida, New Jersey, New York, and Washington, D.C. By purchasing land intelligently and designing efficiently sized units with a variety of hotel-quality amenities and services, PTM has been able to deliver price-accessible luxury housing. The principals of PTM have collectively executed over $8B worth of construction projects and over$20B in real estate transactions.

Connect with Michael Tillman: https://ptmpartners.com/

Quote: "To be a developer, you have to be able to be fluent in a lot of different parts of the trade."

Highlights:

7:31 - Merchant Builders: A New Class of Developers

17:20 - PTM's Secret Sauce / Compared to Competitors

21:16 - Michael's "Detail Recipe"

34:21 - Pre TCO Investing Explained

37:29 - Michael's Project Focus / Key Components & Features

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 #606 that originally aired on Jun. 23,2023.

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 investments/learning more about Green Leaf

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

10:57: Property management software - does that vary for each type of property?

12:50: Navigating the internal debt market - what is the plan for current debt in the books? Future opportunities?

14:45: "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.

Today's episode is from Mobile Home Park #75 that originally aired on July 11, 2017.

Charles and I dive deep into the operational side of the business by discussing in detail the four main core components that one must master to successfully operate a park to it's fullest potential.

Operating a mobile home park can essentially be boiled down to managing these four things:

• Collections
• Repairs
• The Rules
• Expenses

Listen in as we share our real-life experiences and teach you the proper way to run a park.

You can also watch the video version of this show by clicking on this link

• Click Here to Grab a free copy of our book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid 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.

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

Drew Wahlgren is the VP and director of capital markets for MAG Capital Partners. MAG Capital specializes in sale lease backs, net lease investments, and various development projects throughout the US. Drew has been investing in real estate since 2011, and joined MAG Capital Partners in 2019 after 8 successful years as a risk analyst and program manager at Liberty Mutual Insurance. Prior to that experience at a large corporation, Drew had started his entrepreneurial experience at the age of 20, owning and operating a food and beverage distribution company for 6 years. Drew holds a Bachelor of Science in Finance from California State University at Hayward & resides in the Fort Worth, TX with his wife and three children.

Connect with Drew: MAGCP.com | [email protected]

Highlights:

2:25 - Drews BG / His Real Estate Start

11:40 - Drew's Business Model as an Investor

20:00 - Cap Rates

36:15 - Where The Market is Now

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 #612 that originally aired on July 3, 2023.

Tom Dunkel is the chief investment officer at Belrose Storage group where he leads a seasoned team of real estate investment professionals who specialize in acquiring under-performing self-storage facilities in the eastern U.S. With a background in corporate finance and 25 years of real estate and investment experience, Tom has taken Belorse from start-up to a world-class organization. Tom has specialized in discounted asset opportunities nationwide since 2006. A graduate of the University of Delaware, Tom earned his MBA at William and Mary.

Quote: "That's one of the things we love about storage - it's not rocket science, right? We're not splitting atoms, it's not terribly complicated."

Highlights:

1:15: Introduction - get to know Tom Dunkel and his journey leading up to Belrose Storage Group

8:03: Navigating the self storage business in the current times of "uncertainty"

15:18: Market locations for investments

20:22: How to operate self-storage remotely

25:00: Long term vision/goals for Belrose Storage

Connect with Tom: https://belrosestoragegroup.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 #87 that originally aired on July 24, 2018.

Real Estate Investor and Entrepreneur, Kirk Bausch has had a robust professional career spanning all facets of Sales, marketing, operations and financial planning and analysis. His core competencies are in building brands, generating revenue, streamlining automations and forecast planning through data analysis.

Kirk has been actively investing in real estate for 12+ years across the US, primarily in a buy & hold manner and predominately residential single-family properties. Currently, Kirk holds rental properties in 7 different states and is a limited partner in our Sunrise Capital Investors Mobile Home Park fund.

Kirk has researched just about every asset class known to man and after years of debating, he landed on Mobile Home Parks as his asset of choice and hasn't looked back since.

And so, in today's show, we're going to dig deep into Kirks background and uncover answers to the following:

• Why mobile home parks over multifamily or residential?
• How Kirks business background has brought value to his real estate endeavors
• How he's finding off-market park opportunities even in this very challenging part of the market cycle
• The decision to invest as a limited partner in our mobile home park fund and how he went about vetting us as a sponsor.
• Why he feels that Mobile Home Parks offer the best opportunity when compared to the other various RE asset classes
• Leveraging the value of partnerships and how this has helped his business immensely.
• Long distance investing and how he manages it.
• 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.

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