Our guest for this week’s show is real estate investment expert, Mark Khuri. Mark has been an avid real estate investor for over 18 years and throughout his career has invested in over 45 commercial real estate opportunities across numerous asset classes including mobile home parks, self-storage facilities, multi-family communities, retail shopping centers, oil wells, student housing, vacant land, short-term debt and ATM’s representing more than $1.5 billion of combined value.

Highlights:

6:19 - Mark's Favorite Asset Type

11:32 - The Affordable Housing Shortage

14:32 - Adapting to Uncertainties

18:26 - Tax Exempt Departments

21:10 - Tips on Communication w/Investors

Quote: "I'm always trying to find something unique. -Usually there is a story."

Contact Mark Khuri: smkcap.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

Today's Flash Back Friday episode is from #270 that originally aired on Apr. 15, 2020.

For the last decade, Sunrise Capital Investors has focused exclusively on the niche of mobile home park investing. The niche aligns with our investment thesis and has served our investors well for many years. Our team was ahead of the curve, touting the merits of the asset class long before mobile home parks became the darling of private equity. Today, we see similar opportunity in another under-the-radar, niche real estate investment: parking.

Parking aligns with our investment thesis, and we feel the niche is roughly ten years behind mobile home parks in terms of the industry’s consolidation phase. This provides sufficient runway to roll up a nice portfolio of parking assets while the niche is still overlooked. The remainder of this special report outlines the top ten most attractive aspects of parking investments.

What You’ll Learn:

• What’s driving the shrinking supply of available parking
• The reasons behind the growing demand for parking
• The fragmentation of ownership in parking that makes it ripe for a large consolidation effort
• The unique NN and NNN lease structure that creates a very stable, cash flowing opportunity.
• Why, at present, there is very low competition for this asset class
• What makes for the ideal location of a great parking asset
• How technology has played a major role in the parking sector, thus allowing owners to maximize revenue 24/7
• The attractive low maintenance aspect of parking when compared to other investments such as Multifamily and Commercial Buildings.
• The amazing tax benefits that parking benefits from including the accelerated 15-year depreciation schedule
• What underlying fundamentals make parking an incredibly recession resistant investment
• 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

Today's episode is from Mobile Home Park #118 that originally aired on July 2, 2020.

This episode is part of an ongoing webinar series that my team and I have been hosting where we invite a rotating panel of manufactured housing industry experts to discuss the state of our industry as it relates to not just the corona pandemic but also the general outlook of the manufactured housing industry and how you can not only survive, but ultimately thrive no matter what the current state of affairs are in our country.

In this webinar we were joined by, Kolman Bubis, a top broker with Sunstone Real Estate Advisors and Brandon Turner, who is the founder of Open Door 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/s... To Learn More About How You CanInvest With Us Through Your SDIRA

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

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

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

Our guest for this week’s show is serial entrepreneur and real estate developer, Jerry Rosengarten. Jerry is a Brooklyn-born serial entrepreneur whose greatest skill is the extraordinary ability to perceive form and structure and opportunity from within disorder, including developing products to deal with dyslexia, reimagining real estate, and investing early and heavily in solar energy. Jerry's first big win came in the 1970s with the Leisure Suit, which became a cultural fashion phenomenon that stoked his confidence and staked his growing desire to build land mark New York projects like the Lofts and the The Bowery Hotel. Today, Jerry owns one of the largest private solar farms in the Northeast, located on Long Island's eastern tip, and his creative passions are focused on environmental stewardship and active advocacy for those suffering from learning disabilities.

Highlights: 

5:25 - Starting the famous Leisure Suit / Lessons Learned

12:22 - Finding a Creative Space (property)

20:22 - Making The Worst location in NY Successful

26:23 - Growing Up with Dyslexia / Seeing Things Differently

34:26 - The Importance of a Supportive Spouse

Quote: "I jump on the train and take it to the end. Each-train are concepts are designs."

Connect with Gerald: jumponthetrain.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

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

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

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

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

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

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