BPAP 65: Investing in Mobile Home Parks with Kevin Bupp
Brain Pick a Pro Podcast
English - June 21, 2019 01:00 - 48 minutes - 55.7 MB - ★★★★★ - 5 ratingsInvesting Business Careers realestate realestateinvesting business investing cashflow entrepreneurship finance marketing entrepreneur interview Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Kevin Bupp is a real estate investor and the host of the Real Estate Investing For Cash Flow Podcast. He is also a serial entrepreneur. Kevin completed his degree in business at a small community college in PA before focusing all his energy into real estate. His expertise ranges from apartment buildings, single-family homes, office buildings, raw land, condos, and by far his most profitable, mobile home parks.
In this episode, Kevin shared his expertise on mobile home park investing.
Topics:
Who Kevin Bupp is How he got into real estate Losing and rebuilding his business Lessons he learned and things he could have done differently On running mobile home parks through different modelling scenarios Why he chose mobile home parks On its diminishing supply Minimal turnover that exists Management is less extensive Can get higher return of investments today On his model and structure Downtime equals loss of revenue Significance of management intensity Handling delinquency Average age of a mobile home park Onsite community managers On putting deals together Best ways to find mobile home parks Why developing your own park is not the best planQuotes:
"Take the lesson away from the experience and apply it to your life moving forward." "Your net worth is your network." "Good ideas does not care where it comes from.”