Real Estate Investing for Cash Flow with Kevin Bupp

Our guest for this week’s show is Mulit-Family Investment Expert, Jeff Greenberg.

In today’s show we’re going to be speaking with Jeff about how he got his start as a Multifamily and how he has been able to build a 700+ unit portfolio of cash flowing multifamily properties all while working a full-time job. And if that wasn’t enough, Jeff also leads 3 different real estate investment clubs in Southern California.

 Jeff’s story is proof that it’s possible to become a successful commercial real estate investor while working a full-time job as long as you’re willing to put in the time, get the proper education, and align yourself with the proper people within the industry. The point I’m trying to make by telling you all of this is that there are no excuses of why YOU can’t build a CASH FLOWING commercial real estate portfolio while working your current job. The proof is right here ladies and gentleman!

Here’s What You’ll Learn:

  • Learn how Jeff pulled off a syndication on his very first multifamily deal and what he learned from this experience.
  • What attracts Jeff to some of the smaller Texas markets and how these smaller markets are performing for him.
  • How he finds quality deals on often times overpriced loopnet listings.
  • How he uses local real estate investment clubs as well as bigger pockets to find investors for his deals.
  • The one thing he would have done differently in his real estate business given the chance to start over again.
  • Why he feels that mentors are critically important but why there is absolutely no need to have them local. In addition, Jeff speaks to specific advice on how to find a mentor.
  • The reasons he feels that real estate gurus do new investors a disservice by portraying real estate investing as an easy business.
  • And much more

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show-Jeff_Greenberg_130.mp3
Category:general -- posted at: 8:57pm EDT

Our guest for this week’s show is Commercial and Residential Real Estate Investment Expert, Matt Theriault.

In today’s show we’re going to be speaking with Matt about how he got his start as a Real Estate investor after hitting rock bottom and how he has been able to build a significant portfolio of cash flowing passive real estate investments with very little of his own money and bad credit. 

Matt holds a very diverse portfolio of investment types including multifamily and single family and shares with us the many reasons why he prefers the diversity of owning both types. In addition, he also shares with us his unique perspective on the shirting real estate cycles and how he and his team are both adapting and preparing for a future correction. And in case you are familiar with who Matt is, he’s a fellow podcaster who runs numerous real estate related podcasts, with the most popular one being Epic Real Estate Investing.

I actually recorded this show with Matt a few months back and so you’ll hear us talk about a few things that are a little dated like the election, which hadn’t happened yet. I’m absolutely positive that you’ll gain great value from our show together as I know I did.

Here’s What You’ll Learn:

  • How Matt got his start in the Real Estate business with little money and bad credit after losing everything in his prior business.
  • The story behind his first investment and how he took a large single family residence and converted it into a legal 4-plex and what he learned along the way.
  • The reasons he feels that the safest place to invest is in cash flowing real estate, and as long as you buy right, you should be safe even in a down market.
  • The single biggest challenge he sees new investors face who are just getting started as a real estate investor and a few suggestions on how to overcome the common hurdles.
  • The big myth behind “no money down” real estate investing and how not to get sucked up in this mindset.
  • Why he feels that the follow-up process is the most important component of the acquisition cycle.
  • The multiple “out-of-the-box” methods his team is utilizing to uncover deals in this very tight market.
  • The struggle his business experienced when their primary property management company who was managing 100’s of units for them, went belly up. Matt will share how he overcame this challenge and how his business infrastructure has changed to avoid this ever happening again.
  • How he has been able to scale his RE business to the next level by utilizing syndication and use other peoples capital to build his portfolio.
  • And much more

 Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show_129-Matt_Theriault.mp3
Category:general -- posted at: 1:00am EDT

In todays show, we’ll be speaking with Greg Markov, who is partner and national instructor with the real estate negotiation institute.

Whether you’re an aspiring Real Estate investor who hasn’t yet done a deal yet or a seasoned investor with a multi-million dollar portfolio, learning how to become an effective communicator and negotiator will help take your real estate business to the next level.

 It’s quite simple; master the skills of negotiations and you will inevitably find yourself leaps and bounds ahead of your competition.

 I’m positive that you’ll find a ton of value and education in our show with Mark. Enjoy!

 Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show_128-Greg_Markov.mp3
Category:general -- posted at: 1:00am EDT

In todays show, we’ll be speaking with Dave Foster, who is the regional development director for Colorado based exchange resource group, a qualified intermediary specializing in 1031 tax deferred exchanges.

If you are a Real Estate investor who hasn’t yet discovered the power behind, then I’m positive that you’ll be blown away by the information that Dave shares with us today. Plain and simple; what would you say if there was a way to essentially defer all of your capital gains taxes indefinitely?  Would you want to know how? Well, that’s what we’ll cover in todays show. The 1031 exchange is a tax code utilized by the most successful real estate investors and is one you need to your Real Estate Investing arsenal. 

 I’m positive that you’ll find a ton of value and education in our show with Dave.

 Here’s what you’ll learn in todays show:

  • What a 1031 Tax Exchange is and how this particular tax code allows us to defer tax liability after a sale of a property.
  • What a “like-kind” exchange is.
  • The basic structure and steps taken to perform a 1031 exchange
  • Why you can’t use a 1031 on your primary residence.
  • How to navigate the timing rules of a 1031 exchange and ensure you don’t miss the deadlines to identify your “like-kind” exchange.
  • The biggest mistakes made by new investors when trying to perform a 1031
  • The 4 types of exchanges and the ideal situation for each one
  • Why you’d be foolish not to roll your property into a 1031 exchange
  • And much, much more….

 Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_edited_show_127_Dave_Foster.mp3
Category:general -- posted at: 1:00am EDT

In todays show I’m going to cover the many different ways to use craigslist to help grow your real estate business. Most people craigslist is just for advertising your properties for rent or sale, and don’t get me wrong, it works great for that. But I’m going to share 7 other ways that we use craigslist within our own real estate business so you can see the sheer power that craigslist provides you as an investor.

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show_126.mp3
Category:general -- posted at: 1:00am EDT

In this weeks show we’ll be speaking with commercial real estate investor, Ash Patel. Ash is quite the visionary as he commonly takes vacant and/or commercial properties and repositions them into highly valuable investments. And the best part, Ash did most of this all while working a full-time IT job. He has since gone full-time as a Real estate Investor, but you could say that he built a very successful real estate investment business in his part-time.

I’m positive that you’ll find our show with Ash both inspiring and motivational…I know I did.

Here’s what you’ll learn in todays show.

  • How Ash made the transition from being a full-time IT consultant to a full-time real estate investor.
  • Why he prefers commercial investments to residential?
  • The reasons why he was forced him to remain vacant for more than 6 months in one of his multifamily properties and the lessons he learned from this experience.
  • Why he feels local bank relationships are paramount in this business, especially when it comes to smaller scale commercial projects.
  • The opportunity he saw in a vacant single use tenant building that had an abnormally small amount of parking and turn it into a highly desirable asset.
  • How he’s been able to find all of his recent deals without having to do any direct marketing strategies like direct mail or cold calling.
  • How he’s been able to hedge his risk from another potential real estate down cycle by negotiating longer terms with his banks and also selling off any of his higher priced assets.
  • Why he feels that there are a ton of opportunities that exist on the local MLS, not Loopnet or CoStar, but the local MLS.
  • The reasons he wishes he would have sought out a mentor in the very beginning to help offset his learning curve and how he would have gone about finding this mentor.

 Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show_124_ash_patel.mp3
Category:general -- posted at: 1:00am EDT

Our guest for this week’s show is real estate investor and multifamily syndicator, David Thompson. David is a Real estate Investor based in Austin, TX. His story is one of commitment, dedication, and a “never give up” attitude. In today’s show, David is going to share how he recently raised $1 million in a short 2 weeks for his very first multi-family deal. And if that isn’t impressive enough, this first deal is 320 units. So let me recap, this was the first time he ever raised capital for a real estate deal and this was his very first multifamily property.

So, todays show will be part 2 of our 2 part series where David is going to share with us the 10 BIG lessons he’s learned on this first deal and how you can take these same lessons and apply them in your own business. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by David’s Story.

The 6 Lessons We’ll Discuss in Todays Show:

5) Why relationships are key and where David focused most of his time during the capital raising process.

6) The importance of raising 20% to 30% more capital than what you really need.

7) The power of creating scarcity and why you must institute a first come, first serve offering.

8) Why you’re leaving money on the table if you’re not asking for referrals

9) Why timing is everything and how timing and life events will have an impact of the ability for you to raise capital.

10) The importance of having unwavering support from your friends and family and the reasons David attributes a large majority of his success to this one principle.

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: final_edited_show_123_David_Thompson_part_2.mp3
Category:general -- posted at: 1:00am EDT

Our guest for this week’s show is real estate investor and multifamily syndicator, David Thompson. David is a Real estate Investor based in Austin, TX. His story is one of commitment, dedication, and a “never give up” attitude. In today’s show, David is going to share how he recently raised $1 million in a short 2 weeks for his very first multi-family deal. And if that isn’t impressive enough, this first deal is 320 units. So let me recap, this was the first time he ever raised capital for a real estate deal and this was his very first multifamily property.

So, todays show will be part 1 of a 2 part series where David is going to share with us the 10 BIG lessons he’s learned on this first deal and how you can take these same lessons and apply them in your own business. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by David’s Story. 

The 4 Lessons We’ll Discuss in Todays Show:

  • The Importance of Partnering w/ Experts 
  • Gaining knowledge and confidence by studying the Investment Pitch deck and handling the investors questions and objections head on.
  • The Power of a Great Project
  • The significance of your list of contacts and why you need to start working this list far before you find your first deal.

 Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_Edited_show_part_1_David_Thompson_Ep_122.mp3
Category:general -- posted at: 1:00am EDT

Mark is the founder and president of Luxmana Investments, a real estate investment firm based in Denver, CO that focuses on both residential and multifamily investments. We’re going to speak with Mark about how he was able to go from just being a part-time investor who still had to work a full-time job to make ends meet, to a person who quit the corporate rat race to pursue his Real Estate passion Full-Time. We’ll also dive deep into the recent 64-unit apartment acquisition in TX and how he was able to find an opportunity in a property that most others had passed on.

I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Marks Story. And as a special bonus, Mark has so graciously agreed to give you a free copy of his recently written report titled 10 "NOT SO OBVIOUS" WAYS TO BOOST YOUR MULTIFAMILY PROPERTY NOI, but there is one catch, you’ll have to listen until the very end in order to find out how to redeem your this free report. 

In this show with Mark you’re going to learn:

  • How Mark got his start with one duplex in 2004 while working full-time in the technology field before scaling up his investments and leaving the rat race in 2015 to go full-time as a real estate investor.
  • The reasons Mark attributes most of his successes to the incredible team he has built and feels he wouldn’t be where he is today without them.
  • The hard lessons Mark learned after investing his money in what he later found out was an investment scheme and the small steps he could have taken that could have potentially helped him avoid this mess.
  • Why Mark chooses to buy apartments in markets that are almost 1,000 miles away from his home in Denver, CO and the systems he uses to manage these from afar.
  • The opportunities that can exist in stale listings and how Mark was able to pick up a great deal that many others passed on.
  • The importance of forming a strong relationship with the city or county inspector in the area where your property is located.
  • How to accelerate your growth by finding both a mentor and experienced sponsor.
  • And much more…

Recommended Resources:

Direct download: final_edited_show_121_-_Mark_walker.mp3
Category:general -- posted at: 12:19pm EDT

Our guest for this week’s show is powerhouse retail investor and developer and founder of Simon CRE, Josh Simon. In today’s show, we’ll be speaking with josh about how he started his CRE business from scratch while still in his mid-twenties and in a short 6 years has grown it to a company that holds more than half a million sq. ft. of retail space and is currently on track to develop more than $100 million dollars of projects in 2016.

Josh is the true definition of an entrepreneur and his fearless, but acutely focused attitude are what led him to where he is today. I’m absolutely positive that you’ll gain massive value from our show together and will be both inspired and motivated by Josh’s story.

 In this show with Josh you’re going to learn: 

  • How Josh got his start in the commercial real estate industry and went onto found Simon Commercial Real Estate.
  • The struggles he face by starting his company in 2010, which was pretty much at the bottom of the recession and how he was able to push through and build a multimillion dollar commercial real estate firm within a few short years.
  • The first deal Josh did after stepping out on his own and how this first deal molded the business model that he built the basis of Simon CRE.
  • The reasons he feels that all the good shopping center redevelopment plays have dried up and most of the good deals have been picked over.
  • The impact that technology is having on the retail industry and how future developments will need to have drastic redesigns in order to adapt things such as or autonomous or self driving cars.
  • Why he feels that amazon drones or ecommerce stores won’t replace basic needs retail anytime soon.
  • The driving trends behind service based store chains like Dollar General and Dollar Tree and how these smaller retail footprints offer a more convenient option to larger store like walmart and targets.
  • What the process of site selection looks like when working as a preferred developer for a credit retailer.
  • Why Josh suggests that focus is one of the most important traits in the real estate industry.
  • And much more

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_Edited_Show_119_Josh_Simon.mp3
Category:general -- posted at: 9:53pm EDT

Our guest for this week’s show is Deferred Sales Trust Expert, Richard Hershey.

In today’s show, I’ll be speaking with Richard about this 1031 exchange alternative called the deferred sales trust. If you’ve ever been involved in a 1031 transaction before then you know that the short time constraints can be absolutely nerve wrecking and a failed 1031 can leave your money tied up for up to 6 months, and worst yet, a failed 1031 means that all those capital gains you were trying to avoid paying will now be fully realized. Well, welcome to what I’d like to refer to as your 1031 plan "B". Whether you’re a new investor or seasoned pro, I’m positive that you’ll get a ton of value from my interview with Richard today.

In this show with Richard you’re going to learn:

  • What exactly a deferred sales trust is and how this estate planning instrument can offer you an alternative to a 1031 exchange and actually become a “plan B” or failsafe in case you encounter a failed 1031 exchange,
  • The benefits of being able to purchase investments other than just real estate from your sales proceeds by use of the deferred sales trust. These investments could be bonds, stocks, annuities, etc.
  • The costs and fees associated with this type of structure.
  • How, we real estate investors can use this as a strategy when dealing with sellers who don’t have an interest in buying more property and who also have a fully depreciated asset that will have some major tax consequences should they sell. In my business I deal with a lot of mom and pop sellers who are in this exact scenario where a deferred sales trust would be the perfect way for them to sell their property without having to exchange into another active real estate investment while still mitigating their exposure to uncle sam.
  • And much more

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_edited_Show_118_Richard_Hershey.mp3
Category:general -- posted at: 10:48pm EDT

Our guest for this week’s show is Multifamily Investor, full-time syndicator and expert direct marketer, Darin Garman.

 In today’s show, we’ll be speaking with Darin about how he went from being a prison guard in Iowa to becoming a successful multifamily investor and an absolute brilliant marketer.

I actually learned of Darin many years ago after reading about him in a few various Dan Kennedy marketing books. For those who aren’t familiar with Dan Kennedy, he’s one of the leading experts in the Direct Marketing space and is the one who personally taught Darin how to leverage his marketing to drive results in the multifamily investment space. If you’re looking for an edge and want to learn how to create a massively effective direct mail campaign, then you really need to listen to what Darin has to say. I will warn you, it’s an abnormally long show but it is all quality and absolutely no fluff.

In this show with Darin you’re going to learn:

  • How Darin started out as a prison guard in Iowa prior to venturing into the real estate field.
  • How he stumbled into the multifamily niche and built his business from scratch.
  • The benefits of the CCIM courses and why he feels that these are by far the best educational courses in the industry.
  • How he structured his very first partnership with investors and how be pitched it to entice investors.
  • What specific demographics and economics Darin looks when determining markets to invest in.
  • Why he prefers buildings with separately metered utilities and how he handles properties that are not separately metered.
  • Darin shares his scientific method that he uses to create constant deal flow by contacting owners directly and how you can apply the same method in your business.
  • How he uses newsletters to build himself as an industry expert, which in turn, also creates deal flow.
  • And much more

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_edited_show_117_Darin_Garmin.mp3
Category:general -- posted at: 9:31pm EDT

Our guest for this week’s show is Multifamily Investor and full-time syndicator, Andrew Cushman.

In today’s show, we’ll be speaking with Andrew in detail about how he went from being a full-time chemical engineer to a full-time multifamily syndicator who has amassed 1,470 doors in just over 5 years.

Andrew will share with us intimate details on his first deal, which was a 92-unit apartment in Macon, GA that was 75% vacant and the lessons he learned from this first experience. He will also share the exact systems and processes that he uses to find deals in todays marketplace so that you can replicate these same ideas in your own business. Andrew’s story is both inspirational and motivating as it truly shows what true grit and raw determination can afford us in this business. I’m positive that you’ll enjoy and gain huge amounts of value from our show today.

 

In this show with Andrew you’re going to learn: 

  • How Andrew transitioned from being a chemical engineer to a full-time fix and flip real estate investor before deciding to focus on syndicating multifamily properties.
  • Learn about the trials and tribulations he experienced with his first multifamily deal, which was a 92 unit property in Macon, GA which was 75% vacant at the time of purchase and more than 2,700 miles away.
  • How he was able to continue to thrive as an investor, even during the downturn of 2007 and 2008.
  • How he found his first mentor who trained him in the multifamily space.
  • How he found funding for his first multifamily deal through the relationships he had built while fixing and flipping residential homes.
  • Why he’s attracted to the Southeastern states and feels there are multiple secondary and tertiary that are experiencing positive growth.
  • What underlying fundamentals Andrew looks for in the markets he invests in. For example; population, median house prices, median incomes, crime rates, job growth, etc and which websites he uses to perform this research.
  • The step-by-step process he goes through to find high quality property management companies in markets where he has no presence or existing relationships.
  • What relentless persistence means to Andrew and how it took him 4,576 calls to get his first deal.
  • And much more 

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_edited_show_116_-_andrew_cushman.mp3
Category:general -- posted at: 1:00am EDT

Kevin Bupp here from the real estate investing for cash flow podcast and today I’d like to share with you a two very important announcements. The first one is regarding our regularly released Monday episode of the real estate investing for cash flow podcast, and the other is regarding our newly launched Mobile Home Park Investing podcast. I’ll also share with you how to grab two free gifts, which will only be available for a limited time. But you’ll have to listen to find out how to get them.

Recommended Resources:

  • 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
  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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/KT36S
Direct download: Final_edited_show_special_announcement.mp3
Category:general -- posted at: 2:00am EDT

Self Storage, Cash Flow, Kevin Bupp, Real Estate Investing, Syndication, Profits

Direct download: final_edited_show_114_Michael_Rodgers.mp3
Category:general -- posted at: 12:13pm EDT

This week's Cash Flow Friday tip is regarding finding a sponsor for your commercial real estate deal. If you’re brand new to the business and don’t have a track record of owning larger commercial properties then it’s quite common that in order for you to qualify for financing, you’ll need to bring an experienced partner onto the team, one who has a strong track record in the asset type you’re looking to acquire as well as a healthy financial statement; and this person would be referred to as a sponsor.

I’ll be sharing with you a few relatively simple methods you can use to secure a sponsor for your deal.

Recommended Resources:

  • 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 

 

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide 

 

 

Direct download: final_edited_show_41_CFFT.mp3
Category:general -- posted at: 10:10pm EDT

How to Land Your First Multifamily Deal by Making Just 1 Phone Call Per Day

This week I'm going to share with you a case-study from a fellow podcast listener who after setting a goal to purchase his first apartment complex within 6 months was able to successfully close on a 38 unit property in Kansas City. He achieved this by following a simple process of making just one cold call per day to different property owners within his target markets who owned buildings within the size parameters he wanted to acquire. Tune in to hear the exact system he used. 

Recommended Resources:

 

Direct download: final20edited20show20234020CFFT.mp3
Category:general -- posted at: 4:00am EDT

Ep #112: Learn How To Create REAL Passive Cash Flow by Investing in Parking Lots – with John Roy

Our guest for this week’s show is Commercial Real Estate and Parking Lot Expert, John Roy.

In today’s discussion with John, we’re going to discuss the little known niche of parking lot investing. John is one of the foremost experts in the industry and spends time on both the investment side by personally owning parking lots as well as running a full service brokerage that solely specializes on parking lot sales.

My time spent with John was very enlightening, as I knew little to nothing about the parking business prior to our call together. If you’re like me, then you’re always open to learning about new investment methods that can provide you diversification and long-term cash flow and wealth creation. Well, you’re in luck because that’s exactly what you’re going to learn about in today's show.

In this show with John you’re going to learn:

  • How John got his start in the parking lot business and how purchasing a few dilapidated homes near the Notre Dame football stadium has spawned into a full blown multi-million dollar business for him.
  • What the air rights of a property are and why these can typically be much more valuable than keeping the parking lot as an ordinary income property.
  • The step-by-step process of getting into parking lot investments.
  • Why parking lots make for low maintenance investments in comparison to other commercial investments like apartments, office, retail, etc.
  • The value-add components to look for when seeking out a parking lot investment.
  • How to properly underwrite a parking lot investment when there are no financials available which is a quite common scenario when dealing with small-scale parking lot owners/operators.
  • How automation is changing the parking lot industry and how these changes are having a positive impact on the industry as a whole.
  • What type of financing is available on parking lots and how to obtain bank financing even when you’re buying a parking lot that doesn’t have accurate financial statements available.
  • How to utilize out-of-the-box strategies to find opportunities, even in today’s competitive environment.
  • And much more

Recommended Resources

Direct download: John_Roy_Final_edited_show_-_112.mp3
Category:general -- posted at: 2:31pm EDT

Ep #111: From Limousine Driver to Nationally Recognized Real Estate Developer Whose Work and Vision Helped Revitalize an Entire City

Our guest for this week’sshowisCommercial Real Estate Developer andInvestor,DickAnagnost.

In today’s discussionwithDick,we’re going to discuss how he’s gone fromLimousineowner/operatorto being the president and CEO of a highlysuccessfulfull servicecommercial real estate firm located inManchester, NH.Dick hasbecome an expert at re-positioning oldrundown historicbuildingsand re-purposing them for uses that meetthe needs oftoday’sbusinesses and consumers. Dick’s progressivevisionandunconventional thinking was the main driving force,whichbroughtdowntown Manchester back to its formerglory.

My time spent with Dickwasbothinspiring and motivating as it shows that hard andworkandperseverance truly does win at the end of the day. Anditdoesn’tmatter if you’re just starting out or are alreadyanexperiencedreal estate investor, I’m positive thatyou’llthoroughly enjoy andgain a ton of value from ourdiscussiontogether.

In this show with Dickyou’regoingto learn:

  • How Dick got his startinthelimousine business and how this business was the catalysttohisforay into the commercial real estate industry.
  • How the lack of amentorcausedmany unnecessary mistakes during his start in theindustry,whichis why he strongly suggests that all newinvestors/developersfinda mentor when getting started.
  • The processofunconventionalthinking and forward vision that Dick and histeamuse to identifyhistorical repositioningopportunities.
  • How Dick was able topersuadethecity of Manchester to provide the necessary financingfor a fewofhis first redevelopment projects.
  • How to perform afeasibilitystudyon a historical redevelopment project tounderstand theoverallviability of a potential project.
  • Why being a developer isoneofthe most risky endeavors a real estate investor can embarkon,butcan also be one of the most rewarding.
  • Understanding thecapitalstackthat is involved when using federal government fundsforthesehistorical repositioning.
  • The reasons why Dickfeelsthatreal estate developers are a dying breed and whythisshortagerepresents an opportunity for theyoungergeneration.
  • Tips and strategiesthatDickwould give a new aspiring developer who is seekinganexperiencedmentor to help guide them down this path.
  • How not keeping upwithcurrenttrends and the changing needs of the consumer canoftenmeancertain death to a real estate developer.
  • And much more

Recommended Resources

Direct download: Dick_Anagnost_Final_edited_show_111.mp3
Category:general -- posted at: 10:34pm EDT

Ep #110: How to Successful Convince a Seller to Owner Finance the Sale of a Property

In today’s show I’m going to discuss the benefits of using seller financing when buying or selling a property, but more importantly we’re going to discuss how to successfully educate and persuade the owner of a property to consider this type of sale. If you don’t know how to effectively communicate the benefits to a seller then it’s highly unlikely that an owner will consider holding financing for you during a sale. 

Recommended Resources

Direct download: epiode_110_final_edited_show.mp3
Category:general -- posted at: 9:14am EDT

Ep #109: How to Create High-Quality Deal Flow by Implementing a Laser Focused Direct Marketing Campaign  – with Eric Stark

Our guest for this week’s show is Real Estate Investment and Direct Marketing Expert, Eric Stark.

Today’s discussion with Eric is an exciting one, and I say that because I wasn’t completely sure what to expect as I didn’t know too much about Eric prior to the call other than he was a very successful investor whose primary focus was residential properties, so I thought. And being that our show is primarily focused on Commercial I wasn’t sure exactly how our conversation would go, but boy am I glad we did the call together, because not only is Eric a brilliant businessman and marketer, but he also has a portfolio of multifamily and commercial properties which means he is the exact type of guest we look to bring on the show.

I personally walked away from this interview with Eric with multiple golden nuggets which we’ll be immediately implementing into our business and I’m positive you’ll find the same value as I did, and then some.

In this show with Eric you’re going to learn:

  • How Eric got his start as a residential wholesaler back in 2008 during the financial crisis and how leveraged that down market to grow his real estate business at a very rapid rate.
  • How he’s combatted a highly competitive marketplace by implementing an aggressive direct mail strategy, which has proven very successful in creating a steady stream of deal flow to his business.
  • The reasons he recommends sending a highly personalized direct mail letter to a very small list versus a generic form letter to a massive list and how this one strategy has continued to bring incredible results for his business.
  • How successfully negotiate and strike a deal with an owner who is not money motivated and whose property isn’t even for sale.
  • What a “top 100 list” is and why Eric suggests every investor needs to create this list for themselves.
  • The custom website tool that Eric includes on all of his mailers which offers free education to the property owners regarding the benefits of seller financing. He’ll share the url so you can check it out for yourself
  • How he uses a pre-recorded message to warm up cold leads and also offer an easy way for property owners to get more information about Eric’s business without having to speak to a live person.
  • The letter he sends to surrounding property owners once he’s purchased a property within the same neighborhood and how this one method alone has resulted in multiple additional acquisitions for Eric and his group.
  • How Eric was able to turn a disgruntled property owner who was sick and tired of receiving his direct mail into a friendship that has brought him multiple investment opportunities, capital for deals, not to mention a mentor who had 50+ years of experience in the industry and who has become an invaluable resource to Eric and his team.
  • Why Eric loves the Detroit market and the reasons he says that you should add it to your list of “cities to consider investing in”.
  • The important role a mentor played in Eric’s overall success and why he feels that a good mentor is critical to your success in this business.
  • The one Dr. Seuss book that Eric suggests will change your life and is one of the best business books he’s ever read.
  • And much more

Recommended Resources

Direct download: Eric_Stark_Final_Episode_109.mp3
Category:general -- posted at: 1:35pm EDT

Ep #108: Understanding Commercial Master Lease Agreements and why Commercial is Better than Residential When it Comes to Real Estate Investing – with Peter Harris

Our guest for this week’s show is Commercial Real Estate Investment Expert, Peter Harris.

In today’s show we’re going to be speaking with Peter about how he got his start as a Commercial Real Estate investor after leaving his full-time job as an engineer and how he was able to replace his full-time income in a short 4 years. Peter’s commercial asset of choice is multi-family apartments and so we’ll dive deep into why he prefers apartments and the processes and systems he’s used to build his portfolio of cash flowing rental properties.

In this show with Peter you’re going to learn:

  • How Peter transitioned from being an engineer into a full-time Real Estate investor and the reasons he chose commercial and not residential as his primary focus.
  • The various creative financing methods that Peters uses when purchasing his commercial projects.
  • How to determine seller motivations and how to best capitalize on them by creating win-win deal structures.
  • When it makes sense to use a lease purchase agreement instead of actually purchasing the property today.
  • What a WAR report is and how Peter uses this within his business.
  • The process Peter goes through when seeking out a property management company for his multifamily properties.
  • The one marketing method that is bringing Peter and his students a majority of his deals.
  • Why arrogance has no place in the commercial real estate field and how to avoid this “all too common” trap.
  • And much more

Recommended Resources

Direct download: final_edited_show_-_peter_harris_108.mp3
Category:general -- posted at: 5:45pm EDT

Ep #107: How Being a Contrarian Investor and Betting Against the Masses has Proven to be a Successful Real Estate Model for Today’s Guest – with Mark Mascia

Our guest for this week’s show is Commercial Real Estate Investment Expert and CEO of New York City based Mascia Development, Mark Mascia

In today’s show we’re going to be speaking with Mark about how he got his start in the Commercial Real Estate industry by working with some of the nations most reputable investment and development firms immediately following college and how in a very short number of years has parlayed that invaluable experience into running his own highly successful Investment firm.

Mark and I have a candid conversation about the lessons he’s learned along the way, including the struggles he’s encountered as he’s traveled the path to building his multi-million dollar Real Estate portfolio.

In this show with Mark you’re going to learn:

 

  • The reasons he and his firm focus on asset types that are considered “out of the current property real estate cycle” even though it’s contrary to what the rest of the market is doing.
  • Learn about the struggles that Mark and his team faced by opening their investment firm in 2008 right in the middle of one of our countries biggest financial meltdowns and how they were able to push through.
  • Why Mark and his team ultimately decided to expand their reach outside of the Manhattan market and no longer limit themselves to geographical boundaries.
  • What the formation of Mark’s original team at Mascia development comprised of in the beginning and how it’s changed over the years as they’ve grown.
  • Learn about the Markets that Mark is actively working in today and why he and his team chose these particular markets.
  • What his take is on the current real estate climate and what inning he feels we’re in with our current real estate cycle.
  • The multiple different methods his firm uses to find opportunistic deals even in todays heated real estate climate.
  • Why he feels that it’s best to work with banks you have a relationship with and have done deals with rather than shopping for banks solely by rate and terms.
  • The reasons that Mark feels very strong about focusing on an actual business model and not a specific deal and what this means for you.
  • And much more

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: Mark_Mascia_final_edited_show_107.mp3
Category:general -- posted at: 1:02am EDT

Ep #106: How to Build a Cash Flow Machine by Investing in Raw Land – with Seth Williams

Our guest for this week’s show is raw land investment expert and founder of the popular Real Estate Investment website REtipster.com, Seth Williams.

In today’s show we’re going to be speaking with Seth about his part-time investment business and how he has created multiple streams of income by buying and selling raw land. If you’ve been a loyal listener to our show for the past few years then you’ve probably heard me previously talk about this niche of raw land investing. Our company even went as far as testing this particular niche to see if it might prove to be a potential new revenue stream for our existing investment business.

I think the most existing part about this niche is the fact that someone could essentially get started and buy their first deal for as low as a few hundred bucks. I personally feel that this niche offers a great opportunity for the beginning investor who has limited money and resources to get started in a “not so competitive” niche and start making some passive income streams which they can bank roll and hopefully later parlay into bigger deals. This is also a great niche for those looking for alternative ways to create additional streams of income and some phenomenal returns.

Whether you’re a new or seasoned investor I’m positive that you’ll get a ton of value from our interview together.

 In this show with Seth you’re going to learn:

  • How Seth got his start as a Raw Land investor while working a full-time job.
  • How he found a unique niche by marketing directly to tax delinquent land owners.
  • The reasons I feel that this type of investing is a great way for new investors to get started with very little working capital and use it as a stepping stone to get into bigger commercial deals.
  • The process of obtaining a tax delinquent property owner list from the county and how to properly scrub it.
  • How he was able to streamline his lead generation process by utilizing a strategic recorded message and website.
  • What the due diligence process looks like on a raw piece of land.
  • How to properly come up with an estimated value for a vacant piece of land.
  • What his direct mail process consists of when mailing to land owners.
  • And much more

Recommended Resources

Direct download: final_edited_show_seth_williams_106.mp3
Category:general -- posted at: 1:11am EDT

Ep #105: Discover the Power of the Self-Directed IRA and How to Use Them to Fund Your Next Deal – with Kaaren Hall

Our guest for this week’s show is Self-Directed IRA expert and founder of the uDirect IRA, Kaaren Hall.

Kaaren has helped hundreds of people self-direct their retirement savings. In today’s show she will explain how to use IRA dollars to fund your Real Estate deals. She'll cover the do's and don'ts and go over the process step-by-step and tell you how you can tap into the $5 Trillion pool of retirement funds that exist in the US. Kaaren is one of the top experts in this field which means you definitely don’t want to miss a second of our talk together.

Kaaren is also going to offer a free gift at the end of the show which is a free copy of her book “The self-directed IRA handbook”. And this isn’t some ebook or digital download, Kaaren will physically send you a copy in the mail, but you’ll need to listen all the way to the end in order to get the instructions on how to redeem this incredibly generous offer.

 In this show with Kaaren you’re going to learn:

  • How Kaaren got her start in this industry.
  • How Kaaren was able to build a thriving business during the financial meltdown of 2007-2008 and how self-directed IRA’s played a critical role in Real Estate funding’s during that time period when banks weren’t lending.
  • The basics of investing in real estate using your self-directed IRA as well as the pro’s and con’s on using a self-directed IRA
  • How to find IRA investors to fund your next deal.
  • Learn the details on what’s considered a prohibited transaction and why this is important to you.
  • What a checkbook self-directed IRA is and when it makes sense to utilize this strategy.
  • And much more

Recommended Resources

Direct download: final_edited_show_kaaren_hall_episode_105.mp3
Category:general -- posted at: 9:24pm EDT

Ep #104: How to Successfully Invest in Multifamily Apartments and Avoid Costly Mistakes – with Marty Cleckler

Our guest for this week’s show is Mulitfamily expert and founder of the National Apartment Investor Group, Marty Cleckler. Marty has experience is all facets of multifamily investing and currently holds positions as a commercial appraiser who specialty lies in multifamily, a licensed real estate broker who’s core focus is apartment buildings, and last but not least as an active multifamily investor who has acted as a lead sponsor on numerous multifamily syndications.

 In this show with Marty you’re going to learn:

  • How Marty got his start in the real estate business as an appraiser and broker before moving on to becoming an active investor.
  • How he ended up with 22 partners on his first multifamily deal and why he vowed to never have that many investors involved in one single deal ever again.
  • His experience with outsourcing the management of his multifamily property during a massive rehab project and why he ultimately decided to bring it back in house and do it himself until the rehab was complete and the property stabilized.
  • Why it’s usually the smallest of investors that cause the biggest problems and headaches during a syndication project.
  • The huge opportunity that exists from the huge flood of millennials and baby boomers as it pertains to rental housing, specifically multifamily.
  • The reasons that Marty suggests that buying in in-fill type markets is a much better play than purchasing apartments in markets where there is still large amounts of room for developers to build new apartments.
  • The reasons to never shop by cap rate and why it really only pertains to the exit of a property.
  • Why loopnet is considered the graveyard for commercial deals.
  • Why building a database of properties within your desired your market or markets and getting to know those owners is by far the best way to find the best opportunities.
  • And much more

Recommended Resources:

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: final_edited_show_104_marty_Cleckler.mp3
Category:general -- posted at: 12:26pm EDT

Ep #103: Expert Advice on Handling Insurance Claims on Your Commercial Investment Properties – with Scott Friedson

Our guest for this week’s show is Commercial Insurance Claims Adjustment expert and CEO of Insurance Claim Recovery Support, Scott Friedson. Today’s show topic isn’t a very sexy one nor is it something that we property owners like to think about, but it’s a necessary evil when being a real estate investor. I know I learned a lot from the time spent with Scott and I’m positive that you will too.

In this show with Scott you’re going to learn:

  • What a public adjuster is and when there services are needed.
  • When it’s the right time to engage the services of a public adjuster.
  • How the public adjusters are paid and why your red flag should go up if a public adjuster firm tries to charge you upfront fees versus working on a contingency basis
  • The difference between contractors and adjusters.
  • Your options if you disagree with your insurance company’s claim assessment.
  • Public Adjuster Interviewing tips when seeking out an adjuster.
  • And much more

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: final_edited_show_103_scott_friedson.mp3
Category:general -- posted at: 12:06am EDT

CFFT #39: Timing the Market to Sell at the Peak of the Real Estate Cycle

I’ve been reading a book that I highly recommend all of you go and pick up and it’s called Timing the Real Estate Markets and it’s written by Craig Hall. This is an important topic because based on my personal experience and what I’m personally seeing in the market place things are getting “as we in the commercial industry like to call” frothy, which means assets are getting overpriced. Now, we all know that real estate runs in cycles and that all markets are unique, but we also know the old adage of “buy low and sell high”, right? In today’s show I’ll share with you my thoughts on where we’re at in the cycle.

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
Direct download: edited_show__39.mp3
Category:general -- posted at: 3:19pm EDT

CFFT #38: How to Get a Steady Stream of Off-Market Commercial Pocket Listings from Brokers…Even if You’re a Brand New CRE Investor.

This week I'm going to share with you a strategy that will allow even brand new investors to generate an unlimited number of off-market pocket listings and have multiple brokers working hard to bring you a steady supply of leads. This is a strategy that we use in our own business and is one that can help take your business to the next level.

Recommended Resources

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
Direct download: final_edited_show_38.mp3
Category:general -- posted at: 12:15am EDT

Ep #101: How to Use Direct Mail Marketing to Grow Close More Real Estate Deals and Explode Your Passive Income – with Craig Simpson

Our guest for this week’s show is the nation’s leading Direct Mail Expert, Craig Simpson. Being that marketing is a core element for any real estate investor who is looking to build and maintain a deal pipeline, direct mail is by far one of the best marketing methods around, that if executed correctly, can help you do more deals and beat out your competition. And today Craig and I discuss how to get started in successfully integrating direct mail into your business NOW!

In this show with Craig you’re going to learn:

  • How Craig got started in the direct mail business and quickly became known as the leading expert within the industry.
  • How to properly tailor your copy or sales message so that it properly resonates with the person receiving it.
  • Why it’s critical that you track and test all of your direct mail efforts…even if you’re receiving what you feel is a strong response rate.
  • The importance of having a clean list and why this simple step can save you thousands over time.
  • Why a sales letter without a call to action is like a ship without a rudder which means you really need to have a strong call to action in every mail piece you send.
  • When using teaser copy on the exterior of a direct mailer makes sense.
  • Why you are leaving money on the table if you’re not sending at least 3 follow up mailers to the same list.
  • How to get discounts on the cost of postage which can lower your postage per piece from $0.49 per stamp to as low as $0.26 per piece.
  • Why the quality of your mailing list is everything and why I’d rather have a high quality 250 person list vs. a 25,000 person list.
  • The importance of sending a follow up thank you letter or gift to prospects that you weren’t able to complete a deal and how this one simple act could easily turn a dead lead into a deal.
  • And much more

 Recommended Resources

Direct download: final_edited_show_101_craig_simpson.mp3
Category:general -- posted at: 1:39am EDT

Ep #100: How to Build a $2.5 Million per year Passive Income Stream by Investing in Apartments – with Grant Cardone

Being that this is our 100th episode, I’ve got a special treat for you guys today. Grant is involved in several different businesses, but today we’re going to focus on his $350 million dollar multifamily empire he’s built which throws off more than $2.5 million per year in positive cash flow.

My conversation with Grant is motivating and inspiring and will offer you boat loads of actionable advice which you can use right now in your RE business and personal life.

In this show with Grant you’re going to learn:

  • How he got his start in Real Estate by purchasing a single family home which turned into both a rental property and an investment nightmare which is the exact catalyst which prompted him to start investing in multifamily and vow never to invest in another single family home again.
  • Why he suggests that the last place you should get your financial advice from is your parents…especially if your parents are old and wealthy.
  • The lessons he learned from being a used car salesman which helped him propel his success 10x over throughout a variety of different businesses.
  • The reasons he feels strongly against retail investments like shopping centers and strip centers.
  • Why he feels you need to go big or go home when it comes to multifamily investing.
  • The process he’s used to acquire a portfolio worth in excess of $350 million using his own money and not relying on outside investors or raising money through syndications.
  • Why he thinks that purchase price is the last consideration you should have when evaluating a real estate deal.
  • The reasons he feels all new multifamily investors should be focusing on value-add deals in order to maximize your backend profits.
  • The reasons he feels that the more liberal and democratic markets are typically stronger real estate markets which have higher appreciation and overall values.
  • And much more

 Recommended Resources:

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide
Direct download: final_edited_show_-_Grant_Cardone_100.mp3
Category:general -- posted at: 9:38pm EDT

Cash Flow Friday Tip #37: The Reasons You Should Be Focusing on Long Term Trends vs. Short Terms Trends– with Dan Miller co-founder of Fundrise

In this week’s cash flow Friday tip, I'm going to share with you a short segment that I recently recorded with Commercial Real Estate and crowdfunding expert, Dan Miller who is the co-founder of popular Real Estate crowdfunding site, Fundrise. Dan shares with us reasons why “we as investors” should be focused more on longer terms trends when we’re considering different markets and asset types to invest in. He explains how this methodology has proven highly successful for his company’s overall success and why this same methodology should be utilized by both new and seasoned investors. 

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: final_show_episode_37.mp3
Category:general -- posted at: 9:15am EDT

Ep #99: How to Rebuild Your Real Estate Business after a Massive Loss – with Raul Villacis

Our guest for this week’s show is Real Estate Investor and personal development expert, Raul Villacis. In today’s show Raul shares with us the path that took him from a hugely successful Real Estate investor with a multimillion dollar 150+ employee company, to a person struggling to keep his business afloat and barely having enough money to keep the lights on in his home and to feed his family. This business and personal crisis that Raul experienced was a direct result of the 2008 financial meltdown.

Raul will share with us intimate details on how he was able to rebuild not only his business but also his personal and family life.

In this show with Raul you’re going to learn:

  • How he got his start in Real Estate at the young age of 23 and within a few short years owned millions of dollars’ worth of investment real estate, a successful brokerage firm, mortgage company, and construction company.
  • He’ll share with us how his business was decimated by the recession of 2008 and went from employing more than 150 people to losing everything in a matter of months, only to slip into a deep personal depression before rebuilding his path to success.
  • Why he attributes most of his downfall to not paying attention to the signs that the RE market was presenting and then allowing his ego and identity to control his decisions on not to sell during the peak.
  • Learn how experiencing this huge loss opened up a new door of opportunity in the distressed asset game and how he was able to capitalize on this and rebuild his business when many others were still drowning in their losses.
  • Why he says you need to uncover your true identity and what your core passions are if you ever want to experience true happiness and fulfillment in your life and business.
  • The system that Raul uses to reboot himself and continually perform at peak levels which he ultimately links to his success.
  • How anyone can achieve whatever goal they desire if they only break it down into small, easy to reach, actionable steps and how Raul applies this to both his business and personal life.
  • Why we should never ignore our gut feeling as it’s very rarely wrong.
  • The reasons he feels that technology will play a key role in how the future of Real Estate plays out and why you need to keep a close ear on all the new trends so you can be first to see how it might have a positive or negative impact on your business.
  • And much more

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: final_edited_show_99_Raul_Villacis.mp3
Category:general -- posted at: 4:00am EDT

Ep #98: A Proven Exercise to Help You Achieve Real Estate Success in 2016!

In today’s show, I’ll be sharing with you a proven exercise that has worked for me and thousands of others, which will help you more clearly define your REI road map for 2016. I suggest you treat this show as somewhat of a homework assignment and take the time to sit down and write down your answers and then revisit them a few times throughout the year to ensure you’re still on the right path. This exercise consists of one primary question and a few supporting sub-questions and can be completed in less than 30 minutes and I can promise you that these 30 minutes will be probably the most critical 30 minutes of the year for you.

Recommended Resources

  • Download my free success guide, “7 habits of highly successful multi-family investors” by going to 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
Direct download: Ep_98_final_edited_show.mp3
Category:general -- posted at: 4:00am EDT

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