Real Estate Investing for Cash Flow with Kevin Bupp

Today's Flash Back Friday Episode is from Episode #222, which originally aired on March 26, 2019.

Kevin Bupp welcomes you to another episode of the Real Estate Investing for Cash Flow Podcast with real estate investment veteran Welcome Wilson, who shares anecdotes rooted in incredibly rich personal experience during his 6 decades in real estate development.

Welcome is the founder and chairman of the Board of Welcome Group, a privately held real estate development firm that owns 90 manufacturing and industrial facilities comprising 4 million square feet of space in Texas. He has developed 8,000 home sites in 4 counties. He has also developed apartments, retail centers, office buildings, and a hotel.

Quotes:

"Never go against your gut instinct because the expert tells you something like an engineer or an architect and then in your gut you know he's wrong. Go with your gut because your gut knows more about it than he does."


"To succeed in business, you need to have guts and determination. Guts and determination. When he said guts, he didn't mean the guts to get into a fight. He meant the guts to make a pitch to somebody important that's highly in your favor and be able to keep a straight face and look him in the eye and be sincere."


"Don't let success go to your head. The point is, in a good economy, everything works. Everything works. And you're not invincible. And when the economy turns, practically nothing works and you can't assume that everything is going to work out. You have to prepare for the worst because it's coming."


"One rule that I always had is, if you have five and part of the things to do today, start with the most difficult one first. Do the most difficult one first."


"Having the right partners and the right friends are everything in business. You need to give your partners credit. And by the way, don't ever issue an ultimatum especially to your spouse. Ultimatums do not work."

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.

Direct download: 611_Welcome_Wilson_FBF_Episode_.m4a
Category:general -- posted at: 12:00am EST

Today's Mobile Home Park Episode is from Episode #28. 

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.
Direct download: 610_MHP_AUDIO_ONLY.m4a
Category:general -- posted at: 12:00am EST

Eric started his career as a dentist during which time he successfully owned and operated four dental practices that he in turn sold to a private equity group. After increasing his net worth four times since the sale of his dental practice, and increasing his passive income from $7k to over six-figures per month, Eric wanted to share his knowledge and teach others how to do the same. Eric has now diversified his wealth and investments in commercial real estate, private equity, and VC funds and helps advise others on how to do the same.

 

Quote:

 

“Now I get to work, and I’m helping other people be able to get to work. Not just have to work.”

 

Highlights:

 

2:45: Introduction - get to know Eric Francom and his story into the investment world

 

10:54: Lessons learned from selling four dental practices

 

15:00: Private equity and VC deals in commercial real estate - where do you invest your money?

 

23:40: Investing in companies versus commercial/personal

 

28:45: How to “vet” new investment opportunities

Guest Website: www.ericfrancom.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.

Direct download: 609_REIFCF__Eric_Francom_AUDIO_.m4a
Category:general -- posted at: 12:00am EST

Today's Flash Back Friday Episode is from Episode #218, which originally aired on April 26, 2022.

In this episode of Real Estate for Investing Cash Flow Podcast, Kevin Bupp invites Dan Hanford: real estate investment expert and principal at Hanford Capital, a multifamily real estate investing and syndication firm.

He is also the founder the Multifamily Investor Nation which has more than 34 groups and more than 2,000 members all over the world. In addition to that, Dan is also the president and founder of five specialty medical clinics in South Carolina.

Dan shares his entry point in the multifamily syndication space, how he manages his time juggling real estate and a successful medical practice, delegating work to his all-star team, and so much more--all at the young age of 36 years old.

Quotes:

"I think that one of the things I learned earlier on is that art of delegation."

"I'm a big believer that if you can't measure something then it's very hard to manage it."

"I look at syndication, the syndication space, and go, 'If you have a background in business and you can actually manage large budgets, then it's a pretty easy transition.'"

"I practice two things: I make sure I have a hard day's work and a clear conscience."

"I cannot control what happens to the market in the next few years, but I can tell you this: if something does happen in the market, I would rather my money be in multifamily or some form of real estate before I would want it in the stock market or mutual funds or bonds or things like that."

Highlights:

[08:38] How Dan let go of day-to-day management of his chiropractor practice

[10:19] Dan's strategic steps to ensure a solid entry to the multifamily real estate space

[20:20] Biggest challenges starting out and creating ancillary income streams

[37:34] Short to medium term predictions and anxieties about the business

[47:15] Advice Dan would give himself when he was starting out

 

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.
Direct download: 609_Dan_Hanford_FBF_Episode__.m4a
Category:general -- posted at: 12:00am EST

Today's Mobile Home Park Episode is from Episode #49. 

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.
Direct download: 607_MHP_AUDIO_ONLY__.m4a
Category:general -- posted at: 12:00am EST

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: Kevin and Dave talk, “then and now,” with interest rates increasing

 

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

 

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

 

Recommended Resources:

 

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!

  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 

  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com

  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

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

Direct download: 606_REIFCF__Dave_Codrea_AUDIO__.m4a
Category:general -- posted at: 12:00am EST

Today's Flash Back Friday Episode is from Episode #147, which originally aired on June 13, 2017.

Our guests for this week’s show is real estate expert and co-host of #1 Real Estate Investing Podcast on ITunes (Bigger Pockets), Brandon Turner

In today’s show we’re going to be speaking with Brandon about how he got his start as a real estate investor and why he’s in love with multifamily real estate. Even better, we’ll discuss the reasons why he is shifting away from his smaller investments and focusing solely on larger apartment properties as well as my favorite, mobile home parks.

 Here’s What You’ll Learn:

  • How Brandon got his start as an investor by flipping homes before getting bit by the rental bug
  • Why you should steer clear of single family homes if your goal is to build a cash flow realm estate business
  • Learn why Brandon is changing is focus over to Mobile Home Parks and is currently working on purchasing his first park
  • The reasons why Brandon is starting to divest of his smaller investments with the intention of using that equity to purchase larger scale multifamily properties and/or mobile home parks.
  • Learn about the most common challenges new investors face when get started and how to easily overcome them
  • The magic of direct mail and why you need to add this strategy to your real estate business.
  • Why multifamily is the perfect asset to build incredible wealth while also maintaining a very even keeled work/life balance
  • What sequential steps Brandon would take to rebuild his business if he lost everything tomorrow.
  • And much, 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.
Direct download: 605_Brandon_Turner_FBF_Episode_.m4a
Category:general -- posted at: 12:00am EST

Today's Mobile Home Park Episode is from Episode #117. 

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.
Direct download: 604_MHP_AUDIO_ONLY_.m4a
Category:general -- posted at: 12:00am EST

For over a decade, Reid has searched Asia for some of the world’s top-performing investments. He directs Invest Asian’s global research and day-to-day operations, focusing on uncorrelated assets that will grow and preserve his client’s wealth. Reid moved to Asia the week after he turned 18 and soon afterward graduated with a finance degree. He then started the world’s first frontier market property fund in Cambodia. From buying property in Thailand to trading stocks in Singapore, Reid has the answers and insights about investing across Asia.

 

Quote:

 

A young version of me at the time was thinking, “well if I invest my money I can buy even more of whatever I was interested in at the time,” (video games, toys) so that led me to be interested in investing.

 

Guest Website: https://www.investasian.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.

Direct download: 603_REIFCF_Reid_Kirchenbauer_AUDIO_.m4a
Category:general -- posted at: 12:00am EST

Today's Flash Back Friday Episode is from Episode #138, which originally aired on March 9, 2017.

Our guest for this week’s show is Passive Commercial Real Estate Investment Expert, Jeremy Roll

Jeremy has been an active real estate and business investor for over 15 years who left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 70 opportunities across over $500 Million worth of real estate and business assets.

As Founder and President of Roll Investment Group, Jeremy manages a group of over 1,000 investors in the US and Canada who seek passive/managed investments in real estate and businesses. Jeremy also co-founded For Investors By Investors (FIBI), a non-profit organization, in 2007 with the goal of networking with, learning from, and helping other investors. FIBI is now the largest group of public real estate investor meetings in California with over 23,000 members.

In this interview with Jeremy you’re going to learn

  • Why he prefers passive investments versus being the lead sponsor
  • Jeremy’s’ definition of diversification and what that means to a passive investor
  • Why he prefers operators who focus on one asset types, two at the most.
  • Jeremy’s advice on becoming an expert in a particular asset class prior to becoming a passive investor
  • The best methods for seeking out the various private offerings available to passive investors
  • How to property vet the sponsors of an opportunity.
  • What circumstances would cause a yellow flag versus a red flag when considering opportunities.
  • Why he loves mobile home parks and self storage facilities during both the good times as well as the bad parts of a real estate cycle
  • Why you should be cautious if you’re buying in todays market
  • 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.

 

Direct download: 602_Jeremy_Roll_FBF_Episode.m4a
Category:general -- posted at: 12:00am EST

Today's Mobile Home Park Episode is from Episode #104. 

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.
Direct download: 601_MHP_AUDIO_ONLY.m4a
Category:general -- posted at: 12:00am EST

Erica Meitz is a multi-business owner, real estate investor and developer. She is the CEO of Maroon & Gold Investments. Erica shares where she started in the entrepreneurial world, and her strategies behind sustaining her business during the COVID-19 pandemic. Now she is navigating a unique investment - a lake resort in Minnesota. She discusses plans, vision and challenges behind the project.

 

Quote:

 

As an entrepreneur, when stuff goes sideways, you just dig in. You just dig in, you bootstrap, you figure it out and you find a different way. 

 

Highlights:

 

1:04: How Erica’s early experiences helped shape her as an entrepreneur

 

7:18: Erica shares her beliefs in the laws of attraction and how it carried her business through the pandemic; “Operation Unstoppable”

 

14:15: Developing the Minnesota resort lake project 

 

20:10: What to do in the off-season to generate revenue as an owner of a recreational resort in Minnesota 

 

23:10: When will the resort be sustainable to the point that it can be managed remotely?

 

27:00: Erica shares what’s next beyond the Minnesota park - plans for cashflow

 

Guest Website: https://www.maroongoldre.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.

Direct download: 600_REICF_Erica_Meitz_AUDIO.m4a
Category:general -- posted at: 12:00am EST

Joe Fairless is the Co-founder of Ashcroft Capital which currently has over $2 billion of assets under management. In addition to his work with Ashcroft Capital, Joe created the podcast Best Real Estate Investing Advice Ever Show, which is the longest running daily real estate podcast in the world.  

Quote: 

I’ve always known that if you help enough people get what they want you’ll eventually get what you want. Add enough value to enough people and you’re going to get everything you want.

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.
Direct download: Joe_Fairless_-_FBF_Episode_.m4a
Category:general -- posted at: 12:00am EST

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