Real Estate Investing for Cash Flow with Kevin Bupp

Today's episode is from Mobile Home Park #109 that originally aired on March 26, 2019.

Host Kevin Bupp is joined by Jethro van Aardt, the Director of Operations at Sunrise Capital Investors, and they break down the many moving parts and processes of due diligence--from kick off to title transfer.

Due diligence is one of the most critical aspects to master when diving into the niche of mobile home park investing. It has its own unique set of nuances and to be aware of, as well as opportunities and usual skeletons in the closet to watch out for.

Quotes:

"Due diligence process, it's a pretty thorough process and a lot of sellers often get intimidated by it. They're worried that you're going to uncover something and it's going to completely throw the deal out so they get kind of secretive, which is pretty strange. It's counter-intuitive." 

"The offsite phase is critical. We need to know that we have the exact information. For example, simple things like the exact address of the property, the exact pad count, how many homes are abandoned, how many homes are resident-owned, how many homes are rented by tenants, etc etc. So it's verifying a lot of information."

"DD is really just a long checklist and it's following that checklist and obviously you start off with the most critical things and, if you can get through those critical things from the top to the bottom, then you reassess and understand do you move forward or not." 

"Sometimes these places look really nice from the outside. When you get inside, they're in really bad shape. You need to understand the quality of the resident base. If anybody is prepared to live on the floors, you know that person's not paying the rent and they're probably going to skip the town in the middle of the night."

 "Unfortunately that's one of the painful things sometimes is that you can do all that prep work and offsite, think that you've covered everything but there's still going to be skeletons and that's why the onsite is so crucial."

Discussed in this Episode:

  • 09:25 Kickoff call process and offsite due diligence
  • 19:55 Onsite due diligence and prelim investment committee phase
  • 38:13 Closing and pre-take on

  • 43:32 Software used by Sunrise Capital Investors

  • 46:54 Usual skeletons in the closet

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_730.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #128 that originally aired on Nov. 16, 2016.

Greg Markov 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:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_729.mp3
Category:general -- posted at: 12:00am EDT

Todays episode is from Mobile Home Park #106 that originally aired on March 5, 2019.

In this episode of The Mobile Home Park Investing Podcast, Kevin Bupp hops on a call with real estate expert Matt Ricciardella, managing member of Crystal View Capital, a private investment firm with a focus on value add real estate.

Since its inception in 2014, the firm has raised almost $17 million of equity capital and has approximately $60 million in assets under management with a specialized focus on manufactured housing and self-storage asset classes.

Matt also goes into fine detail about recent successful projects and how his company manages all the different asset classes they handle from across the US.

Quotes:

"In my hunt for finding deals that would yield the best cash flow, I kinda came across mobile home parks and self-storage as the key assets that I wanted to focus on since those properties yielded the highest free cash flow out of all commercial real estate classes that I came across and underwrote."


"These opportunities are available to all of us. You've got to dig--especially now you've got to dig even harder--and then you've got to have the wherewithal to recognize that there is that untapped, hidden value."

"Once you've added value and you've maximized that value, it's time to look to exit."

"Through the years, we've been kicked down the street and that's the only way I think we've learned and we've learned from our mistakes and as a result we've implemented some of these strategies that has made us successful managers of mobile home communities."

"The best thing I can tell you is to take action. Go out there, make it happen, start looking at opportunities, get educated."

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_728.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #116 that originally aired on Jun. 14, 2016.

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:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_727.mp3
Category:general -- posted at: 11:08am EDT

In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Kurt Kelly; Mobile Home Insurance Expert based in Texas.

Often times, insuring your investment property will not come through a large insurance house like State Farm. There are many special cases mobile home park owners will need to account for in order to ensure all bases are covered.

Kurt goes through the list of 10 major pitfalls park owners face when choosing insurance, and how to deal with them.

HIGHLIGHTS
:

[7:07] What is Kurt’s background?
[12:29] What is the first biggest mistake park owners make when finding insurance?
[22:34] Is there a point where you can actually overinsure?
[39:20] What is Data Breach and Discrimination coverage?
[51:22] Kurt’s final words of wisdom

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_726_KURT_KELLY.mp3
Category:general -- posted at: 1:16am EDT

Stewart founded Harvard Grace Corporation back in 2010, which has since expanded into Harvard Grace Capital. Harvard Grace Corporation provides fractional C-level executive services to clients as well as general business consulting. Harvard Grace Capital is the real estate investment arm that specializes in various commercial asset types such as self-storage, suburban office and industrial investments with a specific geographic focus in southern TN and northern Alabama.

Highlights:

5:52 - What Assets Get You Excited?

9:37 - Self Serve Medical Records Storage

18:50 - Stewart's Secret Sauce to Finding Deals

 

Connect with Stewart: https://harvardgracecapital.com/

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 725_AUDIO.mp3
Category:general -- posted at: 12:30am EDT

Today's Flash Back Friday episode is from #152 that originally aired on July 25, 2017.

Kathy is an active real estate investor herself, with properties ranging from single family rental homes, to commercial buildings, to large land development projects. She is a licensed real estate agent and former mortgage broker, which has helped her understand and teach the power of leverage.

In todays show, we’re going to go behind the scenes with Kathy and explore her background as it pertains to real estate investing and if all goes as planned have you guys walk away from this show with actionable advice that you can begin applying to your business immediately.

Check Kathy out @ www.RealWealthNetwork.com 

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

• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA

• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!

• Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_724_KATHY_FETTKE.mp3
Category:general -- posted at: 12:00am EDT

This episode is from Mobile Home Park #81 that originally aired on Oct. 31, 2017.

In today’s show we’re going to be talking with the Owner and President of Premier Waste Group, Ian Djuric

Prior to joining Premier, Ian owned and operated two trash and recycling hauling companies, and consulted for Waste Management and Republic Services.

 Premier prides themselves in bringing the most cost-effective, sustainable waste and recycling solutions to your business. He has more than 14 years of industry experience and has sold and managed more than 50,000 customers in waste and recycling business.

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_723_Ian_Djuric.mp3
Category:general -- posted at: 9:44pm EDT

Our guest for this week’s show is real estate investment expert, Darin Davis. Darin is an industry leader, real estate entrepreneur, and founder of Club Capital and brings over two decades of industry leadership and more than $1bn of sponsored real estate projects. He excels in navigating market shifts and guiding investors to exceptional returns, even in times of uncertainty like we’re facing today. Aside from his real estate endeavors and in partnership with his two children, he launched The Never Quit Initiative, which is a 501(c)(3) non-profit organization. The Never Quit Initiatives mission is to broadly educate young adults on the power of passive cash flow for income and prepare financially for a potential crisis in healthcare costs.

Highlights:

8:45 - Making Deals w/ H.U.D.

13:53 - Multi-Family Sector Strengths

21:26 - How To Vet Sponsors

23:31 - Multi-Family Sector Weaknesses

33:38 - Dividing A Clubhouse / Amenities

Quote: "It's good that I didn't know what I was doing - If I did, I would have panicked and done nothing."

 

Connect with Darin: clubcapital.co/investing 

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 722_DARIN_DAVIS_AUDIO.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #132 that originally aired on Jan. 3,2017.

In today’s show we’re going to be speaking with Jeff about how he got his start as a real estate investor and how he has been able to build a 160+ unit portfolio of cash flowing single family & multifamily properties all while working a full-time job as an IT consultant.

Jeff’s story is proof that it’s possible to become a successful 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.

 Here’s What You’ll Learn:

  • How he’s been able to maintain his full-time gig as an IT consultant while simultaneously buying 40+ doors per year.
  • The lessons he learned from his first larger multi-family apartment investment and how he’s applied those newly acquired skills to his business
  • The attraction to the daycare business and how this led him to owning a commercial property that is occupied by a daycare center.
  • The one BIG mistake he made when purchasing a tax deed that was a direct result of a lack of due diligence prior to purchasing the tax deed.
  • What one thing he would change about his business if he could go back and start all over again.
  • Why he feels that not using O.P.M. has stunted his growth as an investor and why he is now considering integrating this type of structure into his business.
  • What his crystal ball is telling him about the Atlanta market
  • The mistakes he’s made by not properly estimating the amount of cap-x the property will need and how he’s making the necessary changes to avoid this problem moving forward.
  • And much more

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_721.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #79 that originally aired on Oct. 10, 2017.

Stephanie started her broker career with Marcus & Millichap specializing in manufactured housing communities. Today, Stephanie is a Partner at IDI Properties where her team specializes in mobile home park and multi-unit investment brokerage. She has set herself apart from other industry brokers through transforming how mobile home parks are marketed and her dedication to educating others about mobile home park investing with her publications.

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_720.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #85 that originally aired on Aug. 31, 2015

This week we're going to speaking with long time mobile home investor , John Fedro.

I wanted to bring John onto the show because as you are probably already aware (if you’re a regular listener to the show) is that my asset of choice are mobile home parks. And if you know anything about the mobile home park business, then you know that a big component of increasing the value of your park is by purchasing used mobile homes and placing them on any vacant pads within your park and then either renting them out or selling them on terms to an end user.

Well, guess what John is an expert at? He has made a living by finding great deals on used mobile homes which he then rents or sells to create passive income. What you’ll learn in today’s show can be applied to both investing in individual mobile homes or investing in entire mobile home parks.

Here’s a few things you’ll learn in our interview with John today:

  • How he accidentally stumbled into mobile home investing.
  • How he finds massively discounted mobile homes for sale, in fact, the average price he pays is $6,000
  • How he was able to go from a 100% buyer default rate when selling on terms and was able to get that down to less than a 5% default rate.
  • How he is able to net a minimum of $300 per month of cash flow on a single mobile home and can usually recoup 100% of his original investment in 6 months or less. 
  • How you can become a huge asset to a mobile home park owner by buying homes and moving them into their park or purchasing existing homes within the park.
  • Why it took him so long to transition over to investing in Mobile Homes to entire Mobile Home Parks and why he wishes he would have made the switch sooner.
  • How he creatively bought into a partnership in an existing mobile home park and is now in the turnaround process and is already eyeing up his second park
  • And much more

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

 

Direct download: FBF_719.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #44 that originally aired on Jan. 17, 2017

In todays show, we interview Mobile Home Park investor, Paul Stout, to discuss their very first mobile home park investment. We’ll cover details on how he found the deal, how he’s handling the transition, the unique challenges he’s encounter through this journey, how he financed the park, and much, much more. We’ll also cover how he finds the time to work a very demanding full-time job while simultaneously making massive progress and finding HUGE success as a mobile home park investor.

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

 

Direct download: MHP_718.mp3
Category:general -- posted at: 9:48am EDT

Our guest for this week’s show is tax strategist and real estate investment expert,Thomas Castelli. Thomas specializes in helping real estate investors keep more of their hard-earned dollars in their pockets and out of the government's. Over his tax career, he has worked one on one with hundreds of investors to help them reduce their tax bills. On the investing side, he is an active multifamily sponsor and has also invested in multiple syndicates/funds as a Limited partner. In addition to his real estate and tax endeavors,Thomas also hosts the Tax Smart REI podcast which averages over 100,000 listeners monthly and has nearly 4 million downloads.

Contact: thomascastelli.com/links

Highlights:

7:57 - Common Tax Benefits You Miss Out On

15:56 - RE Pro Status Qualifications

18:48 - Up and Coming in The Tax World

21:04 - Tax Efficient Classes

Quote: " You don't want to be the one who is missing out on five to six figures in tax savings"

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 717_Thomas_Castelli_video.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday Episode is from #82 that originally aired on Aug. 10, 2015.

This week we're going to be doing a follow-up interview with Commercial Real Estate Investment Expert and CCIM instructor, Jeremy Cyrier. Jeremy was one of our very first guest way back when we first started this show and I thought it would be awesome to bring him back on to get an update on his business and also cover a topic which I felt was very timely give our current market conditions.  Jeremy is going to share with us the step-by-step process of identifying the most promising real estate markets to invest in in order to find one that best meets your specific investment objectives.

Now remember, Jeremy is a CCIM instructor and a very successful broker and investor so what he’ll be teaching us today is the same curriculum that he teaches other elite industry players as well as practices himself within his own business. Today’s topic is one of those skills that we as an investor need to master if we want to truly succeed and thrive in this business.

Here’s a few things you’ll learn in our interview with Jeremy today:

  • Why he's transitioning out of his multi-family investments and into the suburban office class.
  • How to use free online tools that Jeremy shares with us to uncover strong US markets that might be ripe to invest in and also those that might be a little to overheated which means you should stay away
  • The effects of urbanization and the opportunities it might present with income properties which are located in the suburban markets.
  • What the difference of a financial driven and market driven property search is and which you should be using
  • The step by step process that Jeremy uses to identify potential markets to invest in - this is the same process that is taught through the CCIM curriculum.
  • How to use the free report offered by IRR.com to identify specific market data to assist you in choosing the  right markets to invest in.
  • How to identify what part of the market cycle your target real estate market is in.
  • And much more

 Resources from Show:

  • Dividend Capital: http://www.dividendcapital.com/  
  • Integra Realty Resources: http://www.IRR.com
  • National Council of Real Estate Fiduciaries: http://www.ncreif.org/
  • http://www.reit.com/
  • Board of Governors of the Federal Reserve System: http://www.federalreserve.gov/
  • Shift Share Employment Analysis: http://www.georgiastats.uga.edu/sshare1.html
  • Site to Do Business: http://www.STDB.com
  • U.S. Bureau of Labor Statistics: http://www.bls.gov/
  • U.S. BLS Location Quotient Form: http://data.bls.gov/location_quotient/ControllerServlet;jsessionid=1B23C3E004705633FAF5D7FE8B00D6EC.tc_instance3
  • The Conference Board: http://www.conference-board.org/
  • Calculated Risk: http://www.calculatedriskblog.com/
  • Commercial brokerage market reports: http://www.CBRE.com, etc.
  • CoStar: http://www.CoStar.com

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_716.mp3
Category:general -- posted at: 1:47am EDT

Today's episode is from Mobile Home Park #48 that originally aired on Jan. 24, 2017.

In todays show, Charles and I are doing a little house keeping by going through a few recent questions that have been emailed to us regarding mobile home park investing so that all can benefit from the answers provided. This format will be a regular addition to our weekly show and one where we directly address your most pressing questions regarding mobile home park investing. Enjoy the show!

 Resources:

  • Click Here to 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

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_715t.mp3
Category:general -- posted at: 2:36pm EDT

Our guest for this week’s show is real estate investment expert, Quinn McArthur. Quinn is the founder of Apex Capital and co-founder of Legacy Land Fund. Apex Capital is a real estate private equity firm that invests in various asset types across the country. While Legacy Land Fund focuses on strategic land note acquisitions. Quinn is a graduate from West Point and a former US Army Green Beret who uses the principles he acquired serving in the special forces to pave his way into a becoming a successful real estate investor and entrepreneur.

Highlights:

4:50 - Transition from Active Duty to a whole new career

8:36 - The Business of Land Investing

13:40 - What is the Target Audience for Funding?

22:30 - Hiring Land Specialists / Valuing Land

 

Contact Quinn: https://www.legacylandfund.com/

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 714_QUINN_MCARTHUR_audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #78 that originally aired on July 13, 2015.

This week we're going to speaking with real estate expert, Phyllis Rockower. Now, Phyllis doesn't have an extensive background in multifamily or commercial real estate investing like most of our guests do, but what she does have is a ton of experience in starting up her own investment clubs, which is what we're going to be discussing in this week's show.

You see, there are hundreds, if not thousands of real estate investment clubs throughout the US, but the large majority of them are groups who tend to focus on single family investments which isn't going to benefit you if you are a multifamily or commercial real estate investor. Phyllis is going to discuss how she has successfully built two real estate investment clubs that collectively have over 1000 members and how you can do the same. 

Here’s a few things you’ll learn in our interview with Phyllis today:

  • The benefit of surrounding yourself around like minded investors who have an interest in the same type of real estate that you do.
  • How to leverage the existing REIA clubs in your area to market your new Multi-Family or commercial investment club to.
  • Why she feels that creating a club solely for the intent of making a profit is the wrong idea.
  • Why using meetup.com is the single best way to get your group launched and know by the masses.
  • Why she suggests that you keep your group small, similar to a mastermind format
  • How you might be able to leverage an existing clubs audience by creating a separate sub-group within the existing organization.
  • How a group format can help you significantly increase your buying power by means of partnering
  • Why you don't need to be a multifamily or commercial expert or have a track record to start your own club
  • How to quickly grow your club by sending a targeted direct mail campaign to other local multifamily owners
  • Why you shouldn't waste the time or energy on building a website or business plan prior to launching your group.
  • Why you should create a legal waiver and have all members sign it releasing you as the organizer from liability.
  • And much more

 Recommended Resources:

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
  • Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
  • Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S
Direct download: FBF_713.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #58 that originally aired on April 17, 2015.

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 13 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”

 You can fix many things in a mobile home park, but the one thing you can’t fix is the size of your lots. There are many parks that were built many, many years ago when mobile homes were routinely 40-50’ in length with lots designed with that size of home in mind. The problem is that most newer post-HUD era homes are much larger (60’, 70’, and even 80’+ in length) and would never fit onto those smaller lots and there aren’t many options to purchase smaller homes should you need to replace on of these smaller 40 to 50’ homes.

 It’s imperative that you understand what your backup plan is should you ever lose a home and need to reoccupy that empty lot. A lost home equals lost revenues and if that lot can never again be occupied due to it’s size then you might find yourself in a situation where you have a shrinking park on your hands. Know your options…

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

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_712.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show is real estate investment expert, Saul Zenkevicius. Saul is the managing partner and CEO of Brait Fund, a commercial investment group based in the Chicago land area that focuses in both value-add industrial and retail investments. Saul has built a reputable career in the Commercial Real Estate sector over the past 15 years. As a principal and owner, he has been personally involved in over 200 transactions, emphasizing his hands-on approach in the industry. Over the past five years, Saul has established a Commercial Real Estate portfolio valued at $80M, covering an impressive 1.2M square feet.

Highlights:

6:53 - Saul's Push From Residential to Industrial

14:17 - What a Typical Industrial Deal Looks Like

26:20 - Creating Mall / Determining The Use

33:14 - "Before I Buy"

39:00 - The Beauty of Truck Parking Facilities

Quote: "I want to buy something and double it's value with my efforts."

Connect with Saul: substack

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 711_Saul_Zen_audio.mp3
Category:general -- posted at: 12:00pm EDT

Today's Flash Back Friday episode is from #62 that originally aired on March 23, 2015.

Our guest for this week’s show is corporate housing expert and CEO of Avenue West Corporate Housing, Kimberley Smith. In today's show we're going to speak with Kimberly about the booming business of corporate rentals and why as an investor you should seriously consider diversifying your portfolio using this investment strategy.

In this show you’re going to learn:

  • What exactly is corporate housing and who are your typical tenants
  • What attracted her to this niche and why you should take note
  • Why diversifying into corporate housing is a smart play for RE investors
  • The benefits of working with a company like Avenue West
  • What types of markets work best for corporate housing
  • The typical type of housing a corporate client looks for
  • The average rental premiums an investor can expect from going this path versus a traditional rental unit
  • And much more...

Recommended Resources

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
  • Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
  • Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com
  • Learn more about Kimberly by going to www.AvenueWest.com

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 710_KIMBERLY_SMITH_.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

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

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

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 709_MISTAKE_11.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show are real estate investment experts, Jason Postill and Tyler Lekas. Jason and Tyler are the principles of Manufactured Housing Community Investment Group and as you might guess by the name, their specialty is manufactured housing communities. They founded MHCI in 2019 and have since purchased more than 16 communities consisting of 700 sites.

Connect with Jason & Tyler: https://www.mhcigroup.com/

Highlights:

9:48 - Jason / Tyler's Partnership

17:51 - Park Owned Homes Strategic Advantages

23:29 - "Live and Learned" Experiences

32:24 - Converting Park Owned Homes

Quote: " We were just really hungry in the beginning"

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 708_JASON_AND_TYLER_AUDIO.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

In this show you’re going to learn:

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

 

Recommended Resources

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
  • Schedule a free "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
  • Looking to invest in Mobile Home Parks? Want to partner with the industry experts? Check out http://www.SunriseCapitalInvestors.com
  • Check out Brian's company @ www.PraxisCap.com

 

  • Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
  • Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/s... To Learn More About How You CanInvest With Us Through Your SDIRA
  • Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!
  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com
Direct download: FBF_707_Brian_Burke.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

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

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

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

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

Direct download: MHP_706.mp3
Category:general -- posted at: 12:00am EDT

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

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

Highlights:

4:51 - Financing

8:05 - Challenges & Layout

11:45 - Other uses for Shipping Containers & Cost

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: 705_Sean_Kriger_audio.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

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

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

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

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

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

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

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

§  How to properly handle and overcome objections

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: FBF_704_Tom_Hopkins.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

 

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

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

Direct download: MHP_703.mp3
Category:general -- posted at: 12:00am EDT

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

Highlights:

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

17:19 - Self Storage Demographic and Staffing.

22:00 - Benefits and Profitability of Self Storage Sites

 

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

Connect with Chris Long: https://www.mylongyards.com/, clong@longyards.com

 

☑️ Recommended Resources:

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

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

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

Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

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

 

Direct download: 702_Chris_Long_Audio.mp3
Category:general -- posted at: 12:00am EDT

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

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

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

In this show you’re going to learn:

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

Recommended Resources:

  • Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
  • Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
  • Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S
  • Learn more about Tom by going to http://www.RealEstateInvestorLawyer.com
Direct download: FBF_701_Jeff_Lerman.mp3
Category:general -- posted at: 12:00pm EDT

Episode #700!

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

 

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

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

Recommended Resources:

  • Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
  • Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
  • Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
  • Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them www.MobileHomeParkAcademy.com
Direct download: MHP_700.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show is real investment estate expert, Neil Timmins.

Neil is the founder and CEO of Legacy Impact Investors, an Iowa based investment firm focused on Industrial real estate investments throughout select Midwestern markets. More specifically, his team is dedicated to identifying small to mid-balance Class B industrial assets with long-term growth potential.

Neil got his start in RE in his twenties and by the age of 29 had becomethe #1 Remax agent in all of Iowa. From there he was introduced to the investment side of the industry where he ultimately decided to focus on Industrial assets as the target investment vehicle of choice. In addition to his investment endeavors, Neil is also the host of the“Passive Real estate Investing with mavericks” podcast

Contact: agentoptional.com

Highlights:

2:06 - Neil's Background / Going from Banking to Real Estate.

5:19 - Neil is Introduced to the Investment Side.

9:00 - Why Industrial? / Industrial vs. Flex

16:18 - Navigating The Market Over The Last Three Years.

18:22 - What to Stay Away from.

28:35 - Neil's Agent Optional

Quote: "Nothing will make you work harder than knowing you won't eat tomorrow."

 

☑️ Recommended Resources:

 

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

 

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

 

  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

 

Direct download: 699_NIEL_TIMMINS_AUDIO.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday Episode is #53 that originally aired on Jan. 6, 2015.

Our guest of honor for this week's show is senior housing expert, Gene Guarino. Gene is a certified financial planner in the US and Australia as well as a full time real estate investor with over 30 years of experience just about every area of real estate including both residential and commercial.Today

Gene is focused exclusively on residential assisted living homes.  He's going to show us how this unique combination of residential and commercial along with the timing of the baby boomer generation is an unstoppable waive of opportunity which you can capitalize on - TODAY

And here are some interesting facts  about the baby boomer market: According to the US Census bureau, 77 million people will be turning 65 over the next 19 years.  This means that EVERY DAY 10,000 people turn 65 years of age.  4,000 people a day will be turning 85.  That is a huge, unstoppable opportunity where a lot of wealth and cash flow will be created.

 

In this is interview with Gene, you will learn:

  • Why he’s so excited about the opportunity that exists with serving the aging baby boomer generation
  • The market fundamentals he looks for when seeking out a new property
  • Why he focuses on smaller residential senior housing properties vs the larger institutional type
  • How he’s finding private money to fund his projects
  • The marketing process he uses to find residents to fill his homes
  • How he delegates the management and care responsibilities to professionals
  • The types of properties which make for great conversions into assisted living homes
  • and much more

☑️ Recommended Resources:

 

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

 

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

 

  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

 

Direct download: FBF_698_Gene_Guarino.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Molibe Home Park #89 that originally aired on Aug. 07, 2018.

Welcome to Episode #2 of our special 3-part series where we’ll be providing you the TOP three strategies to start driving high-quality MHP leads into your pipeline.  These three shows will cover the art of mastering these critical methods:

  1. Leveraging Broker relationships to bring a steady stream of off-market leads.
  2. Market selection and analysis to determine the best markets to invest in MHP’s.
  3. Building your MHP Database. This one method alone will separate you from the majority of your competition.

These three shows will share the exact same processes we use in our very own business today, which have allowed us to grow a highly successful MHP Investment Firm in a few short years. More importantly, these three methods allow us to source high-quality off market deals at great prices, even when many others are overpaying due to tight market competition.

Master these three skills and you’ll find yourself in the TOP 1% of all MHP investors.

Recommended Resources:

  • Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
  • Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
  • Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them www.MobileHomeParkAcademy.com
Direct download: MHP_697.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show is a raw land investment expert, Travis King.

Travis specializes in the investment of raw tracts of vacant land and has transacted hundreds of deals since launching his business in 2014. Together, he and his wife Becca and I have personally completed hundreds of land flips and along the way have helped educate hundreds of others on how to successfully build a profitable land flipping business.

Quote: "Put a donut on the city and anything within an hour of the city is commutable."

 

Highlights:

7:50 - Subdividing vs. Flipping Properties

16:40 - Top-notch Subdividing Models

22:50 - The Beauty of it

29:00 - Travis' "Due Diligence Check List"

34:40 - Closing Thoughts/Advise

 

☑️ Connect with Travis: travisking.com

☑️ Recommended Resources:

 

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

 

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

 

  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com

 

 

 

Direct download: 696_Travis_King_Audio_Episode.mp3
Category:general -- posted at: 12:00am EDT

Today Flashback Friday episode si from #33 that originally aired on Aug. 17, 2014.

Commercial Real Estate Investment expert and the President of Toben Partners, Thomas Jorglewich, started out his real estate career as a sales broker with the Marcus and Millichap.  Within a few short years, Thomas realized that although he was making great money as a broker he would never reach the point of financial freedom he strived for unless he got on the other side of the table and started owning real estate versus just selling and making commissions.  

The next step Thomas took was quitting his job at Marcus and Millichap and taking a position with one of his previous clients, an investor who owned and operated over 1 million sq. ft. of retail space – this was how Thomas would learn the ropes. It wasn’t long before Thomas began building his own RE portfolio and making a name for himself in this industry niche. 

Thomas currently owns/operates over 100,000 sq ft of retail space, has completed multiple successful ground up developments as well as distressed turnaround deals, and has become quite successful in the opportunistic and value-add retail shopping center space. Toben Partners main focus is strip and neighborhood shopping centers from 10,000 to 50,000 square feet in size  in the Northern Atlanta Market

In this episode, Thomas will pull back the curtain and talk to us about investing in retail shopping centers and why he feels that any active investor looking for a “TRUE” passive income stream and secure returns should strongly consider adding this investment to their real estate portfolio.

In this interview with Thomas you’re going to learn:

·         Why Thomas prefers retail property types over the other asset classes like multi-family, office, industrial

·         How getting his start as a commercial RE broker has proven invaluable to his overall success in the industry

·         How his boots on the ground effort and personal connections with his tenants has resulted in high occupancies at his centers

·         His unique approach to pre-leasing his spaces and the strategy behind his method

·         The key components he looks for when considering a new shopping center investment opportunity

·         Why he prefers to invest in his local market rather than expanding his business into new areas.

 

·         And much more…  


Today's episode is from Mobile Home Park #86 that originally aired on July 16, 2018.

In today’s show, we will walk you through the basic steps of creating your own core values and mission statement.  In addition, we share in detail our very own core values here at Sunrise Capital Investors (see below).

In its simplest definition, values are the fundamental beliefs of an organization, the guiding principles that dictate how people should behave and act.  A company’s values help people know the difference between right and wrong, and they help companies determine if they are on the right path to fulfilling their overall business goals.

Our BEDROCK Principles reflect what is truly important to us. These values drive all aspects of our performance: from planning, to marketing, to operating, to finance, to serving our team members & our customers. Our principles have remained consistent since Sunrise was founded, and they are frequently cited as a reason why our employees love working here. These principles do not change from time to time, situation to situation, or person to person. These Bedrock principles are foundational values that truly stand the test of time and shape our company culture. 

 Sunrise Core Values:

  1. Be a Sponge
  2. Enjoy the Ride
  3. Do the Right Thing
  4. Don’t be an A-Hole
  5. Be ROCK Solid

 Recommended Resources:

  • Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
  • Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
  • Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them www.MobileHomeParkAcademy.com 
Direct download: 684_MHP_Embracing_The_Struggle_And_Building__.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show is wealth advisor and investment strategist Frank Hanna.

Frank is the founder and CEO of Revolution Xchange, an advisory firm that provides consulting and turnkey solutions to real estate owners that are considering a 1031 exchange upon the sale of their asset. Revolution Xchange not only provides clients access to pre-vetted properties but also works with them to help navigate through the sometimes arduous process associated with a 1031 exchange.

Quote: "It's not what you make, it's what you keep."

Highlights:

1:25 - Frank's background, story, and business.

7:35 - Pros & cons of DSD/1031 and how they can simplify things.

18:58 - Alternative options and DSD strategies.

21:24 - 1031 Risks.

 

☑️ Connect with Frank: revxwealth.com

☑️ Recommended Resources:

  • Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
  • Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/sunrise-capital-investors/ To Learn More About How You CanInvest With Us Through Your SDIRA
  • Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals!
  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com
  • Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Direct download: AUDIO_693_Breaking_Ground_From_Family_Legacy_to_Real_Investor_Triumph.mp3
Category:general -- posted at: 12:00am EDT

Today’s Flashback Friday episode is #30 that originally aired on July 27th 2014.

Danny would dream about one day owning and operating a successful commercial real estate investment firm.  In 2008, Danny and his co-founder, Chris Newberry finally got started by founding Value Investment Group which specializes in distressed and value-add commercial real estate investments with its core focus being multi-family and retail shopping centers.

Danny shares with us the steps he took to get to where he is today in owning/operating 200+ units of multi-family real estate. Also, Danny walks us through one of his most recent value add multifamily acquisitions and speaks specifically to the step by step process of adding massive value (forced equity) to this asset. You're going to love Danny’s story.

In this interview with Danny you’re going to learn:

·         How he uncovers hidden value in distressed and value-add projects

·         The big lessons he learned after doing his first few deals

·         Why learning how to raise money has helped his real estate business grow

·         The critical lessons he has learned along the way in his real estate journey

·         How his relationships with brokers has proven invaluable to finding great deals

 

·         And much more…

Direct download: FBF_692_Danny_Newberry.mp3
Category:general -- posted at: 12:00am EDT

Today’s episode is from Mobile Home Park #79 with Stephanie McAnuff.

Learn About Investment and Partnership Opportunities with Kevin and His Team 

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: MHP_692.mp3
Category:general -- posted at: 12:00am EDT

Our guest for this week’s show is real investment estate expert, Paul Beets. Paul is the founder and CEO of Bigger Garage Capital, an investment firm focused on value-add self storage investments throughout the country, with a concentrated emphasis in the Midwest. In addition to his real estate endeavors, Paul is an engineering executive with GM who possesses more than twenty years of international leadership experience.

Quote: "As I moved up through the ranks (at GM) I had to spend less time with my family... I had a breaking point where my wife was in labor with our second child and I was in the corner on a conference call with Chrysler executives; I said 'this is not the way I want my life to go."

Highlights:

1:00: Paul Beets' background.

3:30: Transitioning from residential to self storage.

18:32: How do you stay competitive against large competition?

26:37: Keeping up with pricing in a market place (price guidance).

35:03: Is the market softening in 2024?

37:55: Get connected with Paul Beets

Guest Website: https://www.biggergarage.capital/

☑️ Recommended Resources:

  • Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
  • Self DirectedIRA Investment Opportunity–Click Here: https://www.advantaira.com/partners/sunrise-capital-investors/ To Learn More About How You CanInvest With Us Through Your SDIRA 
  • Accredited Investors Click Here: https://sunrisecapitalinvestors.com/ to learn more about partnering with me and my team on Mobile Home Park deals! 
  • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com 
  • Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Direct download: Paul_Beets_Episode_Audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flashback Friday episode is from episode #439 which originally aired on 10/04/2023.

Kathy Fetke is Co-CEO of RealWealth and best-selling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life.  

With a passion for researching real estate market cycles, Kathy is a frequent guest expert on CNN, CNBC, Fox, Bloomberg, NPR, CBS MarketWatch and the Wall Street Journal. She was also named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Her company, RealWealth, offers free resources and cutting-edge education for beginning and experienced real estate investors. Kathy is passionate about teaching others how to create “real wealth,” which she defines as having both the time and the money to live life on your terms. 

Quote:  

“I shifted everything to, ‘How do I create passive income?’ I’d heard about rich people who lived off of their money and I just didn’t understand any of that. So I thought I would use my little radio gig to find out...and that’s how RealWealth was created.”  

Highlights:  

6:07: How to use the resources you have to achieve passive income 

9:55: Leveraging your network to learn about how to live off your investments 

11:55: Kathy reflects on how much the investment real estate market has shifted 

15:00: Exploring different types investment opportunities 

18:45: How Kathy is navigating rising interest rates to mitigate risk 

26:00 Kathy’s advice on how to structure your business so you have more freedom and time 

30:30: Finding investment opportunities outside of real estate 

Direct download: 373_FBF_Kathy_Audio.mp3
Category:general -- posted at: 12:00am EDT

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