Real Estate Investing for Cash Flow with Kevin Bupp

Today's episode is from Mobile Home Park #56 that originally aired on March 28, 2017.

Charles and I discuss mistake number 11 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them."

This is a very easy step that is sometimes overlooked by investors entering into this industry. You need to check to see if the park you intend to buy is legally allowed to be there. This may seem like a weird thing to be worried about, but the truth is that there are parks out there that don't have permits or are permitted for fewer spaces than they currently operate with.

Essentially, there are three types of parks: Legal, grandfathered, and illegal. You need to know what each means and who to ask about this prior to ever considering this type of investment. In addition, you also need to know how to find out how many spaces the park is allowed to have and you need to know if there are any outstanding violations. This is not a difficult step, but it is one that is essential to confident investing.

• Click Here to Grab a free copy of our latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
• Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
• Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

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:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Flash Back Friday episode is from #60 that originally aired on March 9th, 2015.

Our guest for this week's show is Brian Burke who is the co-founder and managing director of Praxis Capital and CEO of Praxis Residential, which is a privately held RE investment firm based in Northern California who is active in both the single family and multi-family space and has completed well over $200 million in acquisitions.

Brian and his team have been absolutely kicking butt and during this interview Brian shares with us some of his secret sauce that has attributed to his success as an investor, but I'll warn you ahead of time that the primary ingredients of this secret sauce are loads of hard work and thorough education. One of the most impressive parts of Brian's story is how he started his professional career as a police officer and invested in real estate in his spare time. In fact, he worked a full-time job for a # of years before taking the leap of faith into becoming a full-time real estate investor.

In this show you're going to learn:

• How he was able to build a rental portfolio while working a full-time job
• The steps he took to self educate himself into becoming a real estate investor
• Why he feels it's critical to prove your investment concept with your own money before taking investors capital
• Learn the different fund structures that Brian uses for his different projects
• What markets he's excited about today and why
• What his crystal ball is telling him about the next few years
• His goal to underwrite 1 multi-family deal per day with the goal of buying 2-3 deals in 2015
• And much more..

Recommended Resources

• Download my free success guide, "7 habits of highly successful multi-family investors" by going to www.KevinBupp.com/guide
• Schedule a free "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 partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com
• Check out Brian's company @ www.PraxisCap.com

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA
• Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!
• 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

Today's episode is from Mobile Home Park #65 that originally aired on April 27, 2017.

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 20 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them."

There are many different ways to obtain financing on a mobile home park. Everything from a master-lease with purchase option all the way to doing sophisticated CMBS loans, we cover it all. As an investor, you need to understand what these options are and when they are appropriate.

Certain parks you will run into throughout your search will simply need to be creatively financed based on how they are performing. Being able to recognize this immediately will allow you to become a better negotiator and will keep you from wasting your time with unrealistic sellers.

Our goal is to show you how to identify the most appropriate financing options for the park you are looking at. We will also give you strategies to help make the financing process easier and make you more effective at conveying your needs to a seller. In addition to this we will show you the proper ways to structure these creatively financed deals.

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

• Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
• Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Sean is owner of Bold Estimation, one of the largest out sourced construction estimation companies in the United States with nearly 100 employees. In addition to his estimation firm, Sean also specializes in building affordable housing out of shipping containers. His own personal residence is a 5,000 sq ft home that utilizes six shipping containers as the basis of the design. With this unique construction method, he's been able to build affordable housing communities with costs as low as $75/sq ft all-in.

Connect with Sean: https://www.boldestimation.com/

Highlights:

4:51 - Financing

8:05 - Challenges & Layout

11:45 - Other uses for Shipping Containers & Cost

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Flash Back Friday episode originally aired on Oct. 27, 2014.

Tom Hopkins is world-renowned as The Builder of Sales Champions. His selling skills and sales strategies have helped millions of real estate & sales professionals serve more clients, make more sales and earn millions in income. Tom got his start in real estate sales when he was just 19 years of age. After an initial period of abject failure, he started learning the communication skills that made him the #1 real estate agent in the US within 7 years.

Since 1976 he has been teaching others his simple, yet powerful strategies and tactics through live events, books, CDs and video. Millions have turned their cars into classrooms, listening to Tom's advice on the way to appointments with potential new clients.

In this interview with Tom you're going to learn:

§ How having a mentor and coach was integral to his success in real estate

§ Why he feels that anyone can become a great salesperson if they learn the basic principles and apply them

§ Why you must continually work to increase your vocabulary and how he suggests you do this

§ What the most common traits found in top sales people are and how you can learn to adapt them

§ How to get passed the dreadful word "NO" and use it as a springboard to get you to the "YES" faster

§ Learn some of the top closing techniques which can be directly applied to your real estate business

§ How to properly handle and overcome objections

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's episode if from Mobile Home Park #64 that originally aired on April 25, 2017.

In this episode, Charles and I will discuss mistake number 19 from our popular eBook, "The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them."

You'll run across many parks during your search that have park owned units that are being sold on rent to own contracts or owner financing notes. In todays show Charles and I will discuss why you don't want to pay face value for these notes.

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

• Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
• Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Chris is the founder and CEO of Long Yards, a modular storage company that specializes in provided quick and affordable storage options for small business owners. As a result of Chris's background in construction, he recognized the need for storage of the big stuff such as machines, tools, equipment, etc. He saw a number of construction companies and contractors struggle to store these items and wanted to create a solution to fill this gap in the marketplace which is where Long Yards was born.

Highlights:

6:26 - The Massive IOS Industry and The Value of Long Yards.

17:19 - Self Storage Demographic and Staffing.

22:00 - Benefits and Profitability of Self Storage Sites

Quote: "I have always been a builder - building my future."

Connect with Chris Long: https://www.mylongyards.com/, [email protected]

☑️ Recommended Resources:

Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com

Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA

Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!

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

Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Flash Back Friday episode is from #64 that originally aired on April 6, 2015.

Our guest for this week's show is Real Estate Attorney and investment expert, Jeff Lerman. In today's show we're going to speak with Jeff about 2 hot topics that are critical to understand and implement into your business if your goal is to build a large real estate portfolio using OPM, also known as other people's money and these two topics are JV or Joint ventures and Syndication.

In today's show we're going to dig deep into both of these partnership structure types so that you, the real estate investor, can be better informed and educated the next time you're preparing to take down a property using other people's money.

In this show you're going to learn:

• The difference between a syndication and JV structure and how to determine which one is the right fit for your partnership
• Why you should be using OPM, also known as, other people's money for your deals
• The legalities behind each partnership structure
• Estimated cost of setup for each partnership type
• The pros and cons of each structure
• How crowdfunding is changing the landscape, but is probably not your best option for raising money for a deal
• How to legally stay out of the SEC's crosshairs
• The new general solicitation rules and how they affect syndications
• And much more

Recommended Resources:

• Download my free success guide, "7 habits of highly successful multi-family investors" by going to www.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/FGF7S
• Learn more about Tom by going to http://www.RealEstateInvestorLawyer.com

Episode #700!

Today's episode is from Mobile Home Park #91 that originally aired on Aug. 23, 2018.

Today's guest is mobile home park owner and operator, Andrew Keel. Andrew is an active MHP investor with 475 lots currently under management. He started out as a Lonnie Dealer, selling individual mobile homes out of several parks throughout central Florida. After graduating to the mobile home park investing scene and buying his first park in June of 2017, he has quickly amassed a 7-park portfolio and plans to grow to 10 total parks before years end. Andrew's strategy involves buying from direct from small Mom and Pop owners and improving management, ultimately increasing NOI.

Click Here to Gain Access to the Newly Revamped Deal Finders Formula

Recommended Resources:

• Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
• Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
• Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
• 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 www.MobileHomeParkAcademy.com