Real Estate Investing for Cash Flow with Kevin Bupp

Dusten Hendricksen is the founder and CEO of Mailbox Money Real Estate. Dusten turned his path from roofing and development into a mission-driven company focused on affordable, wellness inspired multifamily housing. You’ll hear how Dusten sources deals, structures syndications, elevates tenant satisfaction through thoughtful design, and gives back to his community.

Connect with Dusten: https://mailboxmoneyre.com 

Highlights:

02:15 — Why Hold Multifamily

06:20 — Pivot To Ground-Up

06:50 — Premium Workforce Model

07:15 — $200k vs. $150k Units

09:05 — Amenities Rarely Used

13:00 — Local Banks Over Agency

18:15 — Raising Capital Got Harder

19:20 — Dev Risk vs. Acquisitions

25:10 — Biggest Risk: Demand

29:10 — AI For Communication

 

Quote: “We’re not building cheap housing, we’re building beautiful, attainable communities that people can actually afford to live in.”

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: 953_no_ad_audio.mp3
Category:general -- posted at: 12:00am EST

Today's Flash Back Friday episode is from #671 that orignally aired on Nov 20, 2023.

Keith Borie, a dynamic entrepreneur and seasoned expert in real estate investment. Serving as the President of Bobo Capital Ventures, a distinguished real estate investment firm headquartered in San Antonio, TX, Keith specializes in mobile home parks, traditional multi-family properties, and boasts a successful home flipping division. In addition, he skillfully oversees a thriving real estate investment brokerage. Today, Keith shares his captivating journey into the realm of real estate, offering insights into his remarkable story.

 Connect with Kieth: bobocapitalventures.com 

Highlights:

 6:00: house flipping - what the rates look like currently

 12:00: the story behind purchasing a mobile home park

 19:50: how Keith found the two mobile home park he owns on MLS

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: FBF_952_no_ad_audio.mp3
Category:general -- posted at: 12:00am EST

Today's episode is from Mobile Home Park #53 that originally aired on March 21, 2017.

Charles and I will discuss mistake number 8 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” One thing we see often is that many investors will choose to look for parks locally for the sole purpose of being near the park. There is nothing wrong with being close to your park, but you definitely don’t need to be. If you find that you live in a market where CAP rates are insanely low or in a market that is going through tough times, you would be much wiser to invest outside of your immediate area.

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: MHP_951_audio_no_ad.mp3
Category:general -- posted at: 12:00am EST

Since Joe Fairless launched in 2015, Ashcroft Capital has acquired over $2.7 billion in assets and serves thousands of investors nationwide. Joe is also the host of the ‘Best Ever Real Estate Investing Advice’ podcast. Over the years, Joe has been on this show multiple times, but today’s conversation is especially timely. The last three years have tested commercial real estate investors as well as multi family syndicators like never before, with rising interest rates, slowing rent growth, over supply in certain markets, and debt maturities forcing some hard decisions. Joe’s here to share how Ashcroft has navigated these challenges, what’s worked, what hasn’t, and what he sees ahead for the multifamily sector in the coming years.

Connect with Joe: https://ashcroftcapital.com/ 

Joe's Podcast/Newsletter: https://www.bestevercre.com/ 

Highlights:

2:00 - Why This Conversation Matters

5:30 - Three Market Stages

12:10 - Eviction Backlogs’ Ripple Effects

15:05 - How Lenders Really Behave

21:05 - Debt vs. BOV Reality Check

33:00 - AI For IR Workflows

 

Quote: “If you’re not on board with AI, you’re being left behind from an efficiency and effectiveness standpoint.”

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: 950_no_ad_audio.mp3
Category:general -- posted at: 12:00am EST

Today's episode is from Mobile Home Park #43 that originally aired on Jan 10, 2017.

Eric Ingvall and Adam Rourke discuss their very first mobile home park investment located in Webster City, Iowa. We’ll cover details on how they found the deal, how they are handling the repositioning, the unique challenges they’ve encounter through their journey, how they financed the park, and much, much more. We’ll also cover how they find the time to work full-time jobs and manage full-time families while simultaneously making massive progress and finding HUGE success as a mobile home park investor.

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: MHP_948.mp3
Category:general -- posted at: 12:00am EST

Angela Healy is the CEO and Co-Owner of Avenue West, a leader in furnished residential rentals for traveling professionals, relocation clients, and corporate teams. Under Angela’s leadership, Avenue West has expanded into multiple markets across the U.S., grown into a thriving franchise network, and landed on the Inc. 5000 list of fastest-growing companies. In today’s conversation, we’re going to dig into Angela’s corporate housing investment strategy, how she chooses the right properties and markets, what investors need to know to succeed in this space, and the lessons she’s learned scaling Avenue West into a multi-million-dollar enterprise.

Connect with Angela: https://avenuewest.com/

Highlights:

2:00 — First Corporate Rental

6:00 — Premium Rent Advantages

13:00 – Second & Third Tier Cities

15:00 – Regulatory Risks

19:00 – Targeting the Right Buildings

22:00 – Cost to Furnish Units

Quote: “Corporations will pay top dollar because housing isn’t just shelter, it’s part of the impression they make on employees.”

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: 947_angela_healy_audio.mp3
Category:general -- posted at: 12:00am EST

Today's episode is from #756 that originally aired on Jun. 17, 2024.

Investment Expert and best-selling author, Salvatore Buscemi. Sal is a former investment banking professional from Goldman Sachs, a three-time published author and now serving as the CEO of a multi family office. His portfolio prominently features privately-held life sciences companies, complemented by a diverse array of high-performing enterprises and select industrial real estate assets. In the real estate sector, his focus is consistently on Class A properties. His group partners with top-tier sponsors who have weathered multiple economic cycles, commit significant co-investment, and maintain audited financials.

Connect with Sal: LinkedIn https://www.linkedin.com/in/salvatore-buscemi

Get Sal Free Book Here: investinglegacy.com or sal@brahminpartners.com

Highlights:

11:36 -  Class A Opportunities (NY)

16:12 - Sal's Structure, What's on The Radar

19:40 - Threats, Housing, Social Changes

22:06 - Sal's Take on Crypto

32:51 - Building Relationships Instead of Being Transactional

Quote: "For Those of you who are starting, it's never a spreadsheet, you can do ChatGPT and it can give you whatever you need. It's all about the relationships. That's going to be the most coveted skill going forward."

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: FBF_946.mp3
Category:general -- posted at: 12:00am EST

Today's episode is from Mobile Home Park #123 that originally aired on Jan. 15, 2021.

Top 3 ways to uncover great Mobile Home Park deals.

What You’ll Learn:

  • What our #1 favorite method is for finding parks?
  • Why loopnet/Crexi/etc might not be a complete waste of time
  • What the most common direct to owner methods are.
  • How to establish a meaningful relationship with a mobile home park specific broker 
  • And much, much more...

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: MHP_945.mp3
Category:general -- posted at: 12:00am EST

Frank Rizzo is Co-Founder of Stone Capital Investors and has more than 20 years experience in real estate as a broker, owner and a syndicator. For the past 12 years Frank has been active in the MHP space and during that time he has acquired and re-positioned over 20 communities. Starting his entrepreneurial journey in high school, Frank obtained his real estate license at 19 and went on to earn his Series 7, 24 and 63 licenses by 23. He later opened his real estate brokerage, Corner stone Realty at 28. Today we’ll dive deep into the business of mobile home parks, one of which I’ve been personally active in for nearly two decades through my company Sunrise Capital Investors.

Connect with Frank: Website / Video Series: trailerparkturnaround.com

Highlights:

2:00 - First Park Hook

7:00 - Team & Footprint

10:00 - Persistent Deal Sourcing

13:00 - Best Buyer Strategy

20:00 - Community Culture First

34:00 - KPI Driven Focus

 

Quote: “If you don’t build that sense of community, it all becomes transactional. But when residents feel part of something bigger, they stay and that’s when the park truly succeeds.”

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: 944_frank_rizzo_audio.mp3
Category:general -- posted at: 9:24am EST

Today's Flash Back Friday episode is from #663 that originally aired on Oct. 30, 2023.

After 15 years as a collegiate basketball coach, Ben Julius became the founder and CEO of Lionheart Development, a development group based in Toronto, Ontario. Ben’s Business began with flipping houses, short term rentals, and multi-family homes. However, over the last 3-years the business has evolved into a strategic land development firm focusing on ground up multi-family and condo development.

Quote: 

“Good deals aren’t found, they’re made.”

 Highlights:

17:10: Ben talks about how his team combating the current housing market in Canada

23:30: Housing then vs now - what his team is doing to provide opportunities for home ownership right out of college

26:05: Talking about the capital market, lending, etc in Canada 

 

Connect with Ben: www.lionheartdevelopment.co

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: FBF_943.mp3
Category:general -- posted at: 12:00am EST

Today's episode is from Mobile Home Park #99 that originally aired on Oct. 30 2018.

Kevin shares the mic with Andrew Lanoie; Founder and Principal of Park Place Communities and Four Peaks Partners based in Scottsdale, Arizona.

Andrew’s background is markedly different from most investors, originally holding a career in artist management in the entertainment industry of SoCal.

After the 2008 financial meltdown and seeing his parents lose significant wealth however, Andrew began to seek answers to why this happened to better shield himself from future events.

Andrew now manages a portfolio of manufactured home communities across the country, and is passionate about fostering a team around Park Place Communities and Four Peaks.

HIGHLIGHTS:

[7:18] At what point did Andrew get interested specifically in Manufactured Home Communities?
[9:59] What have been the biggest changes Andrew has observed in the MHP market?
[17:05] What was Andrew’s first MHP deal like?
[21:52] What is Andrew’s thoughts on Park Owned Homes?
[32:14] What’s Andrew’s long-term strategy?
[35:31] Andrew’s final closing thoughts.

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: MHP_942.mp3
Category:general -- posted at: 12:00am EST

Spencer Gray is the founder and President of Gray Capital, an investment firm based in Indianapolis that specializes in value-add multifamily properties in select Mid-western markets. Spencer leads all strategic initiatives at the firm, including investment strategy, capital raising, and property operations. Since founding Gray Capital with his wife Alex, Spencer has been involved in over $2.5 billion in real estate transactions and currently controls over $750M in multifamily real estate.

Connect with Spencer: https://www.graycapitalllc.com/ 

Highlights:

5:00 – Spencer's entrepreneurial family history

7:00 – Early challenges

12:00 – Why Gray Capital focuses on Indianapolis and the Midwest

18:00 – In-house property management company for more control

24:00 – Technology, centralization, and better-trained leasing agents

32:00 – Buying a fractured condo deal mid-pandemic

Quote: “You can find the best deal in the best market and raise all the money you need, but if you don’t execute on operations, you can still lose money. Operations is where the rubber meets the road.”

 

Recommended Resources:

  • Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
Direct download: 941_spencer_gray_audio.mp3
Category:general -- posted at: 12:00am EST

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