Real Estate Investing for Cash Flow with Kevin Bupp

Today's Flash Back Friday episode is from #348 that originally aired on Oct. 25, 2021.

Scott Myers is a Self Storage Expert and the President of Kingdom Storage Holdings.

Scott has acquired, sold, developed, and/or converted over 40 facilities totaling over 14,000 units and over 2.4 million sq. ft of storage. He is also the Founder and President of: SelfStorageInvesting.com, a leading self-storage education company that offers courses, live events, and mentoring/coaching.  

Scott’s devotion to both his family and his faith is illustrated through hischarity and mission work both locally and around the globe. Here, he focuses on funding, building, and giving away homes to deserving families.

Quote:

“Nobody cares 1% as much about your facility or your apartment complex as you do…Just bottom line. Nobody is going to be able to fight for every dollar that comes in the door and fight to reduce every expense and line item in your P&L like you would, period.”

“Storage has really benefitted during this pandemic and it benefitted during a recession…because when there’s trauma in transition businesses downsize, people move in with their family and friends, then the demand for storage goes up.”

Highlights:

02:24 - Scott tells listeners about his background in real estate.

07:24 - Scott discusses the impact of the 2008 recession on the real estate and self-storage spaces.

11:17 - Scott tells us about creating a holding company.

13:56 - Scott describes running a third-party management.

23:48  - Scott talks to those who are looking to getting their first facility.

28:00 -  Scott speaks about lending and the types of debt in the Self-Storage market.

34:00 - Scoot talks about sensitivity to rent increases.

37:26 - Scott talks about one of his worst deals.

Guest Website:

https://selfstorageinvesting.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_749.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #87 that originally aired on July 24. 2018.

This episode features Real Estate Investor and Entrepreneur, Kirk Bausch.

Kirk has had a robust professional career spanning all facets of Sales, marketing, operations and financial planning and analysis. His core competencies are in building brands, generating revenue, streamlining automations and forecast planning through data analysis.

Kirk has been actively investing in real estate for 12+ years across the US, primarily in a buy & hold manner and predominately residential single-family properties. Currently, Kirk holds rental properties in 7 different states and is a limited partner in our Sunrise Capital Investors Mobile Home Park fund.

Kirk has researched just about every asset class known to man and after years of debating, he landed on Mobile Home Parks as his asset of choice and hasn’t looked back since.

And so, in today’s show, we’re going to dig deep into Kirks background and uncover answers to the following:

  • Why mobile home parks over multifamily or residential?
  • How Kirks business background has brought value to his real estate endeavors
  • How he’s finding off-market park opportunities even in this very challenging part of the market cycle
  • The decision to invest as a limited partner in our mobile home park fund and how he went about vetting us as a sponsor.
  • Why he feels that Mobile Home Parks offer the best opportunity when compared to the other various RE asset classes
  • Leveraging the value of partnerships and how this has helped his business immensely.
  • Long distance investing and how he manages it.
  • 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: MHP_748.mp3
Category:general -- posted at: 12:00am EDT

Lee got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years. After being inspired by his clients’ successes, he decided to start investing in 2016. Relocating to St. Louis in order to pursue investing in 2017, Lee began with a duplex and continued to purchase smaller properties until he found “The Power Of Partnerships” by partnering withan ex-NFL player from CA and with their combined efforts, were able to close a 38 unit apartment complex Joint Venture in Lee's backyard of St.Louis, MO in October of 2019. Fast forward to today and Lee has grown his portfolio to 1000 units with no end in sight!

Connect with Lee: greenforestcapital.com 

Highlights:

5:51 - From Property Management to Big Deal (Lee's game plan)

10:51 - Lee's Training on Getting Owners to Commit

16:02 - Finding The Right Partners

26:08 - Why You Must Be Involved with Property Management

31:44 - All About Lee's Team/Organization

Quote: " You have to be on site, you have to have your fingers in the pie, you can't just leave it to the management company to execute..."

☑️ 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: 747_audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #321 that originally aired on May 21, 2021.

Brent Sprenkle is a real estate expert and senior managing director at Berkadia. 

Berkadia is a leader in the commercial real estate industry, offering a robust suite of services to the multifamily and commercial property industry.  

Berkadia was formed in 2009 as a joint venture of Berkshire Hathaway and Leucadia National Corporation (now Jefferies Financial Group) - both of which are renowned for their capital strength and sophisticated investment strategies. 

Brent has more than twenty years of experience and expertise in commercial real estate at nationally recognized firms such as Berkadia and Sperry Van Ness, where he has been involved in more than $1.2 billion worth of commercial real estate transactions 

 In addition to his real estate activities, Brent is also a published author with the upcoming release of his book, Billion Dollar Portfolio.  In this new book, Brent takes a deep dive into the certain personality type and key attributes it takes to thrive in and build a substantial portfolio of commercial real estate. 

Quotes: 

“If you underwrite 2-3 deals a day, and write 1 deal a day, that 5 offers a week. You’re going to end up landing way more deals than you know what to do with. At the end of the day, you’re going to lose all of your money by the down payments. You’re going to go broke, but then you bought all of these incredible deals and other people are going to see what you did and you’re going to be able to go out and get investors for these properties. So, at some point, you will spend all of your liquidity, but if you’re buying amazing properties, and other people see you’re able to source deals, manage them, turn them over, and prove them, you’re going to wind up with more investors than you know what to do with.” 

“You have to have a developer’s mindset to the property. In this competitive market, where commercial real estate is so highly valued, you have to come in like a developer thinking how are you going to improve the asset. What are you going to do to take it from a 4 cap to a 5 ½ cap? How are you going to add value?” 

Highlights: 

2:44- Brent talks about his background and how he found himself in the real estate world 

8:45- Brent tells what separates the successful from the unsuccessful in the brokerage world 

16:40- Brent shares what makes a top-notch investor and talks about some of his best clients 

19:41- Brent talks about how new investors can grab the attention of someone like himself 

25:06- Brent talks about market-specific direct impacts that he’s seen on pricing with multi-family assets 

33:48- Brent shares about how he stepped into the investment arena and how he juggles that along with brokerage  

Guest Website: 

 

☑️ 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_746.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #122 that originally aired on Jan. 20, 2021.

In this episode, we discuss the practice in grading mobile home parks with the "star" rating (usually one to five stars), which exists for no other type of commercial real estate.

What makes this interesting is that almost no one who uses the rating knows what it means or where it comes from. Ask a broker, lender, or even large corporate operators what the difference is between a three-star and a five-star park, and you will likely get a muddled response referring to amenities, paved streets, or swimming pools, but no hard data about how the stars are assigned or who does it. 

Learn About Investment and Partnership Opportunities with Kevin and His Team

 

☑️ 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_745.mp3
Category:general -- posted at: 12:00am EDT

Our guests for this week’s show is Real Estate Investment Expert, Cagri Kanver Cagri is a managing partner at Watermark investments, a multi-family office LP that invests in various assets across a variety of price brackets nationwide. Their investment strategy revolves around ground-up projects and partnerships with reliable developers, ensuring good income and diversity in their portfolio. To date they have 13 projects nationwide-rental buildings in Oklahoma, Chicago, and Brooklyn, a logistics center, doctor’s offices, an office campus in Tampa, Bay, all of which have been highly profitable and successful ventures.

 

Highlights:

7:52 - The Most Important Things in Business

18:45 - Balancing Investors and Inflation

22:36 - Repercussions From Covid

29:03 - Office Space Occupancy Changing

Quote: "Without Relationships you can't be the smartest, you can't be the wisest, you can't be the best."

Connect with Cagri Kanver: https://www.watermark-investments.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: 744_Cagri_Kanver_audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday Episode id from #318 that originally aired on April 13, 2021.

Tom Burns is a surgeon and Real Estate Investment Expert. 

Tom is an orthopedic surgeon in Austin, Texas. He is a graduate of the University of Texas at Austin and Southwestern Medical School in Dallas. He received sports medicine training at the prestigious Steadman Hawkins Fellowship in Vail, Colorado and he is a physician for the United States Ski Team. He has over 25 years of real estate experience, both locally and internationally, involving acquisition, development, and management of multifamily, student housing, land, manufactured housing, and medical office projects.  

In addition to his real estate experience, he has co-founded, managed, and sold a free-standing, full-service hospital. Tom was a member of the Forbes Real Estate Council and is listed in the acknowledgment section of Robert Kiyosaki’s book, Rich Dad Poor Dad. He is frequently featured in nationally circulated print articles and popular real estate-oriented podcasts and has spoken to thousands of fellow physicians about how to achieve financial independence. 

Quotes: 

“HUD is very nice once you get it put together. In fact, you get 40 years and 20 months of fixed-rate, because you can get 20 months of construction financing.” 

“Go work for someone that’s doing it and find out if you really like it, and you start learning there because it’s a big learning curve. Sometimes I go to bed at night and wish I could just buy something finished and cash flow it like the old days. But it’s got its rewards. It does feel good to take a piece of dirt and have a big hit.” 

Highlights: 

1:42- Tom talks about his background and how he found his way into real estate 

6:00- The first properties Tom bought 

10:34- Tom shares what his real estate business looks like today 

16:36- Tom's big challenges and how he overcame them  

22:54- Tom's most challenging deal and how he handled it 

Connect with Tom Burns: 

☑️ 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_743.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #119 that origianlly aired on Nov. 17, 2020.

In this episode, my team of experts and I provide a detailed overview of how to passively invest in Mobile Home Parks and how to find and thrive from other opportunities as well.

 

☑️ 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_742.mp3
Category:general -- posted at: 12:00am EDT

Anthony Scavo is president and COO of Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida. Anthony has nearly 30 years of real estate development and construction experience & has been at the helm of each of the company’s transactions, from pre-acquisition to closing, and every stage in between. Basis has deep roots in the self-storage and industrial sectors. It currently owns over 4 million square feet of self-storage and industrial real estate and is scheduled to close and/or complete another 2 million square feetin 2024.

Highlights:

13:27 - How Anthony & His Team Naviage The Market

18:00 - Threats in The Industrial Sector

27:46 - Anthony and Kevin's Roughest Deals

Quote: "Is what you're building worth more when you're finished than when you started?"

Connect with Anthony Scavo: bayspace.com, basisindustrial.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: 741_anthony_scavo_audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is form #317 that originally aired on April 6, 2021.

Donna Serdula is the creator of LinkedIn-Makeover.com and one of the most sought out LinkedIn experts. 

Donna pioneered the concept of LinkedIn profile optimization and is the author of LinkedIn Profile Optimization for Dummies. Through her Website, LinkedIn-Makeover.com, Donna and her team of over 20 writers, help thousands of LinkedIn users strategically write their profile in order to engage with their audience and grow their brand. 

Donna is an in-demand speaker throughout the US and she has been featured on Business Insider, Time’s Money Section, Wall Street Journal’s Market Watch, LA Times, NBC, SiriusXM Radio’s the Focus Group and many other news outlets. 

Quotes: 

“If you can organically work those keywords into your content, into your narrative, that’s when you’re really going to see that trifecta. You’re going to start seeing yourself popping up.” 

“You want to make sure that your profile is relatively fresh. So, if you haven’t updated it in 3 months, in 6 months, in 3 years, you want to make sure that you update your profile because that shows LinkedIn that you’re paying attention to your brand and it’s fresh. It’s not stale.” 

Highlights: 

1:43- Donna shares her background and how she became a LinkedIn expert 

5:56- Donna gives insight as to how the LinkedIn algorithm works and LinkedIn Live 

9:53- Donna gives tips on what to be focused on with optimizing your LinkedIn profile 

15:47- Donna shares her LinkedIn hacks 

19:57- Donne gives advice for the person that gets overwhelmed by LinkedIn 

Guest Website: 

 

☑️ 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_740.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #115 that originally aired on Jun 3, 2020.

In this episode, we'll be speaking with the CEO of Performance Equity Partners also known as PEP, Scott MacNeil.

Performance Equity Partners is a residential mortgage lender who offers creative financing options to manufactured home community owners who need a funding source for individuals seeking home ownership.

 

☑️ 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_739.mp3
Category:general -- posted at: 12:00am EDT

Zach is a seasoned real estate investor that has accumulated a large portfolio of rental properties across multiple markets including single family, multi-family, commercial and new construction. Zach started his real estate investment journey while working as an Optometrist & Captain for the US Air Force. The cash flow from his real estate investments eventually allowed him to retire early from his career in medicine to be a professional investor by strategically investing in markets that maximize cash flow, appreciation & equity.

Highlights:

3:47 - Zach's Start From Military to Investments

7:45 - Options For Owning Single Family Properties

16:00 - Finding Labor (construction)

20:39 - Gauging Proporty Value (formula)

30:32 - Retention Rate On The Single Family Side

Quote: "There's been an evolution of build to rent space for sure."

Connect with Zach Lemaster: renttoretirement.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: 738_ZACH_LEMASTER_audio.mp3
Category:general -- posted at: 12:00am EDT

Today's Flash Back Friday episode is from #313 that originally aired on March 9, 2021.

Philip Morgan is the CEO of the Morgan Group. 

As Chief Executive Officer, Philip is responsible for leading MORGAN's strategic planning and growth across all business activities, including development, acquisitions, construction, and property management.  

Since joining MORGAN, Philip has been involved in the development and acquisitions of over 7,000 units at a cost exceeding $1.8B in Texas, Arizona, California, Colorado, and Florida. Prior to joining MORGAN, Philip co-founded BlueRoot Partners to take advantage of opportunities to acquire distressed real estate assets in Texas.  

Philip holds a Bachelor of Science in Economics from The Wharton School at The University of Pennsylvania. 

Quotes: 

“It’s really tough to do what we do and it’s only getting tougher. So, when you have something great, it can be tough to part with and you take a new risk every time you start over. “ 

“In hindsight, I see that a lot of people put pressure on themselves for their first job out of school or their first couple jobs out of school, what they want to do with their lives. And, I think there is nothing more important than finding great mentors and something that you have a passion for.” 

Highlights: 

3:34- Philip shares his background 

8:49- Philip talks about the founding of the Morgan Group 

17:53- Philip talks about the markets today that he is most excited about 

19:27- Philip talks about collection trends in the industry 

23:09- Philip shares if there will be any shifts in developmental models for the future 

26:48- Philip talks about a challenging deal that he’s dealt with 

Guest Website: 

Learn About Investment and Partnership Opportunities with Kevin and His Team 

☑️ 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: 737_phillip_morgan.mp3
Category:general -- posted at: 12:00am EDT

Today's episode is from Mobile Home Park #110 that originally aired on June 4, 2019.

In this episode of the Mobile Home Park Investing Podcast, Kevin welcomes Gene Norman. Gene is a senior meteorologist and the VP of marketing at HazardCall. HazardCall is a system developed for manufactured homes wherein any community can give their residents alerts and notifications that help them make decisions about approaching impactful weather events such as tornadoes, hurricanes, thunderstorms, and ice storms among others.

Gene explains how and why HazardCall came into fruition and discusses the value in their messaging system that comes from procuring their services. Gene also provides a step by step illustration of HazardCall’s system and how it works. Kevin and Gene also talk about pricing, extra features, and other details about HazardCall.

Quotes:

“One of the biggest challenges of course, is telling people what to do when there’s an emergency and where they should go and that they should even have a plan.”

“When your phone rings at 2 in the morning, you’re likely going to pay attention to that and we got urgent messaging that tells them there’s a storm threat but it also gives them instructions on what they should do.”

“If the community manager finds out from the local emergency officials or from the power company that the power will be back on at such a time, we can type out that message on their phone and all the residents who were displaced would get that.”

“It doesn’t happen everyday so we’re not calling everyday but when those things are happening in your neighborhood, when the phone rings then we’ll get your attention and hopefully that will incite and send you to take the safety action that you need. Each unit, so to speak, can have up to two numbers assigned to it.”

“The biggest challenge a home community owner will have will be collecting resident information. But once you do that and put it into the system, you know maintaining this is fairly easy to do and we help you every step of the way..”

Discussed in this Episode:

  • 5:40 What is Hazard Call?

  • 13:06 The messaging system and weather alerts

  • 18:57 Gene explains how their system works [see link to presentation slides]

  • 23:21 Pricing

  • 26:36 Gene talks about “PR insurance” and other system features

 

☑️ 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_736.mp3
Category:general -- posted at: 12:00am EDT

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