Wed, 22 January 2025
MHP #849: Dealing With a Sellers Inaccurate Repairs & Maintenance Numbers, How To Avoid Being Misled by Them
Today's episode is from Mobile Home Park #55 that originally aired on March 25, 2017. Charles and Kevin will discuss mistake number 10 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” We have all heard the phrase, “Use the seller’s numbers” time and time again. This works great when you notice a seller is paying twice as much as they should for management or when your seller is paying for a utility you plan to pass through. However, this can quickly go awry when talking about repairs and maintenance, especially when the numbers are understated.
Recommended Resources:
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Mon, 20 January 2025
Matt Buchalski began investing in real estate back in 2016, owning a portfolio of multi-family and storage assets across Texas. He is the co-founder of Take Flyte Properties, Take Flyte Capital, and Deep Blue Capital, and has extensive experience under writing and optimizing under performing assets. Additionally, Matt has built and scaled multiple sales organizations from the ground up, with deep expertise in financial services and software verticals. Connect with Matt: https://deepbluere.com/, https://www.linkedin.com/in/matthewbuchalski Highlights: 3:41 - Matt's Evolution/Over Coming Concerns 8:52 - All About Section 8 17:08 - Actively Buying/Current Buying Assets 22:09 - Developing Relationships & Capitalizing 27:15 - Inflation & The Impact Quote: "I believe that, giving folks that have been less fortunate than I have been in life, a very clean, safe place to live - has fueled my fire."
Recommended Resources:
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Fri, 17 January 2025
Today's Flash Back Friday episode is from #516 that originally aired on Nov. 21,2021. Kyle Stephonson is the president and owner of KRS Holdings, a real estate investment and property management firm that manages more than 4000 units across the commonwealth of Virginia. Kyle’s primary focus on the investment side of his business has always been to generate cash flow with a secondary focus on long-term appreciation. His investment philosophy is to hold a real estate investment through at least one economic cycle. Quote: "I wasn’t confident in my ability to manage properties for others until I started dealing with what I’ll call the trainwrecks." Highlights: 08:25: Replacing W2 income with real estate investments 10:40: How third party management helped Kyle weather the last recession 15:35: The art of dealing with challenging assets 18:50: Kyle’s big tennant red flag 21:20: Holding assets through one economic cycle 23:50: Shifts in the Virginia market with recent market changes 27:30: Finding investment opportunities in strategic ways
Guest Website: https://www.krsholdings.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 15 January 2025
MHP #846: RV Parks vs. Mobile Home Pars: One Man’s Case of Why RV Parks Reign Superior – with Steve Tomaso
Today's episode is from Mobile Home Park #71 that originally aired on Jun. 6, 2017. Steve Tomaso, an industry expert who specializes in the brokerage and management of RV and Mobile Home Parks. Steve loves RV parks and so we dig deep into why he prefers the RV park business model over the typical mobile home park that we know and love.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 13 January 2025
Brent Bowers specializes in the investment of raw tracts of vacant land. We had Brent on the show about a year and a half ago and so I’m excited to get caught up with him to see what has changed in his business. As a former Army Officer with over 8 years of service. Brent was spending a great deal of time away from his family, & he knew he needed to make some changes in order to be more present with his wife and children. Once he was back in the States, Brent quickly expanded his land business, hired at a lender team, and (most importantly) bought back time with his family. Connect with Brent Bowers: https://www.thelandsharks.com/, https://www.linkedin.com/in/brent1 Highlights: 3:40 - Why Bret Loves Vacant Raw Land 6:12 - Turn Raw Land into Cash Flow 11:20 - Finding Great Deals (the full process) 19:20 - Tactics (the bread & butter) 41:26 - Recourses
Quote: "I'm doing the snowball effect by investing money made from buying raw land and it really turns into something beautiful." 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.
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Fri, 10 January 2025
Today's Flash Back Friday episode is from #261 that originally aired on Jan. 28, 2020. Jim is Senior VP & Principal of Acquisitions for Bascom Group and is responsible for analysis, due diligence, equity and debt financing, and transaction execution functions for the acquisition of new assets, as well as the management and disposition of existing assets. As a member of the acquisition team he has been directly involved in the acquisition of 35 multifamily properties located in California, Colorado, Nevada, and Texas totaling 7,751 units and $1.2 billion in project cost. What You’ll Learn:
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 8 January 2025
Today's episode is from Mobile Home Park #41 what originally aired on Dec. 27, 2016. Charles and I will interview new Mobile Home Park investor, Dan Gibson, to discuss his involvement in this business as well as his trials and tribulations. We’ll cover details on his very first acquisition as well as a current 150+ space park he has under contract. Dan’s story is as real as they come and will prove that as long as you possess a strong will power and a desire to be successful, that anyone can find HUGE success (and returns) in this business. Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 6 January 2025
Kent Ritter is the CEO of Hudson Investing, a real estate firm that focuses on value-add multi-family investments. In a prior life, Kent was a management consultant, start-up owner, and corporate executive who then turned full-time multi-family investor who saw a clear path of building freedom and wealth through real estate. He is also the host of Ritter on Real Estate, a real estate syndication podcast with weekly guests discussing the ins and outs of multi-family investing. Connect with Kent: https://hudsoninvesting.com/ Highlights: 1:40 - Kent's Investment Start / Life - Work Balance 8:36 - Crowd Funding / Due Diligence 12:36 - Managing 55+ Communities 23:44 - Diversify with New Development 28:18 - Challenges to Learn From
Quote: "Success leaves clues."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 3 January 2025
Today's Flash Back Friday episode is from #696 that originally aired on Jan. 22, 2024. Travis King 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 1 January 2025
Today's episode is from Mobile Home Park #20 that originally aired on Aug. 16, 2016. Charles demystifies the incredible important process of defining your investment criteria. He’ll share his opinions on the various park types, why you should think twice about buying a small park, and how you can best determine what your own personal investment criteria should be when it comes to buying the “ideal park”. Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 30 December 2024
Ryan is the CEO of Sage Investment group, a boutique real estate firm that focuses on addressing the affordable housing shortage in this country by converting functionally obsolescent hotels into modern residential apartment homes. Ryan will dives deep into the process of acquiring and converting hotels, including the challenges and lessons he has learned along the way. Additionally, we’ll go into detail on the importance of thorough due diligence, construction budgeting, and engaging with local municipalities. Connect with Ryan: https://sageinvestment.com/, ryan@sageinvestment.group Highlights: 2:00 - Ryan's Journey / Experience 5:00 - When/Why Is A Hotel Up For Grabs 9:26 - Three Things To Look At When Buying A Hotel Property 19:07 - Main Demographic / Amenities / Costs 22:56 - Loans / Lenders Quote: "We're in the strategy to take distressed hotels and convert them into vibrant communities."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 27 December 2024
Today's Flash Back Friday episode is from #567 that originally aired on March 20, 2023. Huber Bongolan has more than 11 years of experience in both commercial and residential real estate finance and has sourced $1+ billion in debt and equity financing for land, construction, bridge, and permanent deals in all product types. He has a bachelors in both Business Economics and International Studies, from the University of California as well as an MBA and MRED, from the University of Southern California. He is an Eagle Scout in the Boy Scouts of America, and holds leadership positions in both ULI (Urban Land Institute) and FIIRE (Filipinos in Institutional Real Estate). Quote: “We’re always asking how we can make our tech platform better in order to improve our user experience.” Highlights: 05:55: What StackSource is and the problem it solves 08:42: Leveraging technology to simplify your deals 12:30: Why multi-family is dominating StackForce’s deals 18:20: How StackForce brings utilizes tech to improve their user experience Guest Website: https://www.stacksource.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 25 December 2024
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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 23 December 2024
Jason Henderson is an experienced real estate investor who has mastered the powerful strategy of infinite banking and has used it to accelerate and compound his wealth as a real estate investor. Jason is also a published and best selling author of “Master your millions” which can be found on amazon as well as host of the popular youtube channel “master your millions” We’ll dive deep into the infinite banking concept and uncover how this concept transformed his perspective and over all investment strategy. More specifically, we’ll discuss how using properly structured life insurance policies to build cash value, can then be leveraged to finance real estate deals. Connect with Jason: https://calendly.com/drjasonhenderson/coaching-call?month=2024-12 Highlights: 5:39 - What Is The Infinite Banking Strategy/Concept 10:16 - Examples From Jason's Life 14:23 - How Fast Can You Fund Policies 17:31 - Who Is Infinite Banking Not For? 22:40 - What You Should Know About The Structure/Resources Jason's Book: Master Your Millions Quote: "It's a way of life, it's a way of thinking that's different." "I want to think and act like the owners of a bank."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 20 December 2024
Today's Flash Back Friday episode is from #372 that originally aired on Dec. 20, 2021. Drew Wahlgren is a Commercial Real Estate expert and Co-Founder / Director of Capital Markets for MAG Capital Partners. MAG Capital Partners specializes in sale-leasebacks, net lease investments, and various development projects throughout the US. Quote: “We are really purchasing a property from a commercial business that has generally operated on a property for a long time.” Highlights: 1:20 - Drew tells listeners more about his background in real estate. 08:02 - Drew shares his thoughts on sale-leaseback strategies. 12:40 - Drew discusses the utilization of capital from sale-leasebacks. 14:27 - Drew talks about transaction sizes and a deal that MAG Capital has passed on and why. 18:50 - Drew provides insight into how to mitigate risk. 24:14 - Drew touches on MAG Capital’s typical hold period. 25:46 - Drew talks about the tax advantages to his company’s industrial properties. 26:57 - Drew speaks about sourcing deals for sale-leasebacks. 31:25 - Drew answers Kevin’s golden nugget question. Guest Website: https://magcp.com/home/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 18 December 2024
Today's episode is from Mobile Home Park #60. Charles and I will discuss mistake #15 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” There are times when using the owner’s expenses can work in your favor and there are times where it can work against you. As with any business venture, there are certain expenses you have to take into account. Virtually every property we have pursued has had some of their expenses under reported or completely left off of the profit and loss statements. So how do you determine what you are buying and what the appropriate operating expenses should be? Typically, we will start out assuming that any park the pays for water/sewer or has private utilities will have an expense load close to 45-55%. If the park is on city water/sewer and the residents are billed for the usage, we typically assume an expense load closer to 30-35%. This is usually a good rule of thumb on the “eye ball” test but each deal will require you to put a microscope on each expense in order to get a truly realistic budget.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 16 December 2024
Gary is the lead visionary and founding partner at The How Group, a one stop shop real estate firm located in the greater Philadelphia area. One of the How Groups core competencies is Providing A+ apartments at a B+ price, these units are high-quality builds in the best parts of the city, without unnecessary amenities, which Gary coins as his “bulletproof real estate” approach. Connect with Gary: https://howgroup.com/ gary@howgroup.com Highlights 7:12 - Evolution of Gary's Company 10:31 - The Market Changes Over The Last Two Years 13:21 - Land Development, Multi-Family Deals, Buying Existing Assets 16:25 - Gary's Apartment Strategy (A list Apartments - Unnecessary Amenities) 23:00 - Regulatory Risks, Challenges 37:39 - Big Projects to Come 40:05 - Nito
Quotes: "We want cash flow not just for us but for our tenants." "Where there is pain, there is opportunity on the other side of that."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 13 December 2024
Ian Ross, founder of Somera Road, Inc; a real estate private equity firm based in New York. Somera takes an entrepreneurial and creative approach to value -add, opportunistic real estate in non-core markets. Since its inception in 2014, it has acquired about 10.5 million square feet in real estate across twenty US cities. “If you have grown up around sophisticated, highly complex, large-scale markets like New York city, and you understand how to underwrite those markets, I could take you to Cleveland and we could look at the relevant office buildings and you could figure out supply and demand, how people live, work, play, move, where they want to be, how they want to be there and how they’re willing to pay to be there, fairly quickly.” “We’re very micro-economic focused and focused on a deal by deal basis.” “We do what we say we’re gonna do and I think that by taking that approach, we become a great liquidity provider to a lot of sellers who are looking for surety of close.” “I’m just trying to learn information and input that information to analysis, it’s not that hard.” HIGHLIGHTS
Job Opportunities with my Team: Click Here
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 11 December 2024
Today's episode is from Mobile Home Park #95 that originally aired on Sep. 25, 2018. Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks. Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement. He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them. HIGHLIGHTS: 7:22 - Mike’s background?
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 9 December 2024
Real estate and non-performing note expert, Eddie Speed is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes. Additionally, he is also a principal in a family of Private Equity funds that acquires bulk portfolios of notes. Eddie Speed has dedicated his professional life to the seller financing and non-performing note industry and over the 3+ decades, he has introduced ideas and strategies that have positively impacted the way the industry operates today. Connect with Eddie: https://eddiespeed.com/ ,https://www.youtube.com/@NoteSchool , Highlights: 2:53 - How to Market The Right Way / Eddie's Structor 5:73 - Discounts in order to afford deals 6:50 - How Eddie's School Can Help Investors 9:22 - Long Strategy Plan / Investing in Notes / The School 17:27 - Re-performing Loans (RPL) 21:02 - Owning Notes / Who It's For
Quote: "A lot of people that come to my school are burnt out landlords." - "The waterfall is pretty simple - start out with a good property."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 6 December 2024
Dave Codrea is co-founder of Greenleaf Capital, an Atlanta based real estate investment firm. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US with a growing portfolio that currently includes Apartments, Mobile Home parks, and various Commercial properties.
Quote: “Flex space can move with what you need in your business. Entrepreneurs, small business owners are normally pretty adaptable and they figure it out. They’ve got some wooden tables around and they make it work!”
Highlights: 2:50: What drove Dave into the world of real estate / learning more about Green Leaf 5:25: Best performing office spaces - where are they located? 10:57: Property management software 12:50: Navigating the internal debt market / Future opportunities 14:45: Kevin and Dave talk, “then and now,” with interest rates increasing 18:44: Lending relationships - keeping it local with small community banks/credit unions
Guest Website: https://www.gogreenleafmanagement.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 4 December 2024
MHP #828: The Dangers of Not Creating the Proper Budgets for Capital Expenditures, Avoid Making This Critical Mistake
Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 14 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” As you go out into the market place and look for deals, a common theme you’ll see is that virtually none of the marketing packages pitched by brokers have a yearly allowance for capital expenditures. You must budget for these large capital items down the road. Every park will be different on this subject based on its unique characteristics. Parks with a large volume of park owned units will obviously require more frequent home repairs. Parks on private utilities will require you to save larger sums of money to deal with potential utility problems. Parks with dirt and gravel roads will need more frequent repairs to stay in good working order.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 2 December 2024
Andrew Reichert is the CEO and founder of Birgo Capital, a Pittsburg based, fully-integrated private equity real estate firm comprised of two unique platforms—Birgo Realty and Birgo Capital—both of which are on admission to improve lives through real estate. The team at Birgo handles everything in-house, from property acquisitions and asset management all the way down to on-site maintenance which provides both investors & tenants with unparalleled service. Connect with Andrew: https://www.birgo.com/ Andrew's Book: https://www.rosjourney.com/ Highlights: 1:55 - Andrew's Rebellious Road to Real Estate 5:07 - The "Call" to Real Estate 7:27 - How Business Operation Has Changed For Andrew 17:00 - Andrew's Recent Funds / Hold Periods 21:59 - Building a Talented Team 25:28 - Andrew's Most Challenging Project (4 year build, Covid)
Quote: "I knew that there was a purpose for me in the real estate business."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 29 November 2024
Robert Levy is a Real Estate Expert and Managing Partner at LBX investments. LBX Investments is a diversified commercial real estate investment firm that prides itself in its proprietary, research-driven approach to identifying and investing opportunistically in mispriced assets. Their experience runs the gamut across a number of different property types including, but not limited to, retail, multifamily, and hotels.
Quote: “Our goal is to own good real estate in the right markets.” “This is why we like retail…there’s a high barrier to entry not to get into the market but to do well in the market.” Highlights: 01:35 - Robert tells listeners more about his background in real estate. 02:52 - Robert's retail investments & business. 06:30 - Portfolio performance and covid-19. 10:50 - Debt and deals in retail investments. 14:43 - Robert provides insight into his company’s long-term, capital raises & strategy. 25:22 - What it’s like to bring investments up to value. 27:55 - Robert explains the renovations made to one of his company’s investments.
Connect with Robert: https://www.lbxinvestments.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 27 November 2024
Satish Atluri currently oversees Communities in five different states consisting of a total of 750 rentable lots, which ranks Parkway Communities in the Top 100 Mobile Home Park owners in USA. Satish entered the MH space in 2013 after twenty years of senior management experience in the information technology industry. Connect with Satish by Here Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 25 November 2024
Real estate investment expert, Mike Kramer the CEO & founder of Freed By Real Estate, a private equity real estate investment firm specializing in value-add multi-family properties. His business journey began at a young age after a family tragedy left his family in a financial crisis, sparking his determination to build wealth. Over the years, Mike bought and sold several businesses, gaining valuable insights. In 2016, a life-altering accident caused Mike to lose vision in one eye. This experience shifted his focus from merely building wealth to creating passive income. Now, with over 20 years of real estate investing experience, Mike is fully committed to helping others achieve financial independence through real estate, offering investors the opportunity to build generational wealth. Connect with Mike: https://freedbyrealestate.com/ Highlights: 1:29 - The Incident That Changed Mike's Life 5:09 - Creating a Family Oriented Business 15:47 - Investing as a Limited Partner 20:52 - Mike's Unique Business Model 27:00 - Navigating as Cash Flow Buyers 34:00 Today's Economic Cycle/Future Real Estate
Quotes: "I remember thinking... I'm a great business guy, I solved the money problem but my family is in shambles. What did I do wrong?" "If I'm going to do something in the future, I need to create wealth but I also need to honor my family."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 22 November 2024
Today's Flash Back Friday episode is from #510 that originally aired on Nov. 6 2022. CJ Follini is the managing principal of Noyack Logistics, a public real estate investment trust that specializes in American logistics real estate infrastructure with core values based on the continued growth of eCommerce. CJ’s experience spans more than 38 years as a leading investment expert on alternative real estate assets including healthcare, cold storage logistics, venture capital, media infrastructure, and Qualified Opportunity Zone development.
Quote: Don’t go for the last dollar in an inflationary environment - go for stability. Highlights: 06:40: CJ’s first real estate deal at age 15 10:30: Lessons CJ has learned from operating in high inflationary environments in the past 14:00: Building your legacy using commercial real estate investment 17:01: Growth rates of ecommerce real estate needs and its projected trajectory 22:20: Taking advantage of opportunities in cold storage investments 25:00: Adapting usage of commercial properties as needs shift 28:00: Changing usage of parking structures as office needs change post-Covid 31:00: The future of single-use properties
Guest Website: https://noyackcapital.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 20 November 2024
Today's episode is from Mobile Home Park #121 that originally aired on Dec. 30 2020. Andrew and I discuss how he's created an incredibly efficient process of locating, acquiring and infilling quality used homes into his various communities.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 18 November 2024
Mike has been a debt and equity investor in the real estate world for more than 20 years. He started his career and had spent nearly 15 years in the information technology field managing Risk, Business Intelligence and Quality of complex systems, software and processes. While building a successful carrier in IT, Mike’s passion has always been real estate investing because of it's predictability of outcome and well understood risks. Connect with Mike: https://bigmikefund.com/ Quote: "Having a boring career, I really thought real estate was so much more fun." "Be greedy when others are fearful, be fearful when others are greedy." Highlights: 6:14 - Starting Funding During The Market Crash 8:20 - Hard Money Loan Terms Today 12:24 - Impact of The Recent Flooding in Florida 18:30 - Where Mike is Seeing Success Today 27:43 - Capital Calls 32:45 - Debt Opportunities/Funds 39:03 - How Much Does Washington Effect The Fundamentals of Real Estate
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 15 November 2024
Today's Flash Back Friday episode is from #630 that originally aired on Aug. 13 2023. With a distinguished partnership at LC Real Estate Group, a dynamic enterprise specializing in real estate investment, development, and brokerage, Eric stands at the helm of innovation. Armed with a PhD in Economics and boasting almost four decades as a real estate CEO and developer, he has not only shaped the industry landscape but also imparted his wisdom during two decades of real estate lectures at Colorado State University. A devoted practitioner of yoga and meditation for three decades, Eric's holistic approach to life enriches his multifaceted career. Beyond his remarkable achievements in real estate, Eric presents a transformative viewpoint on the symbiosis of business acumen and mindfulness, a perspective that has the potential to revolutionize lives. His impactful insights culminate in his celebrated book, "Profit with Presence: The Twelve Pillars of Mindful Leadership," a Wall Street bestseller that embodies his profound philosophy.
Quotes: “You’re only as good as your community. If your community is weak, your investments are weak.” “I have a saying, “When the banks say no, I say go!”
Highlights: 1:37: Eric’s journey / starting LC Real Estate Group 9:21: How do you instill an “internal culture” within your business? 10:20: What tactics & strategies has your team used to stay relevant over the years? 14:09: Lessons learned through various recessions? 21:33: Do you foresee fallout from issues like increased taxes, insurance & other financial impacts from tenants? 23:59: A leading indicator that the timing is coming for more opportunities? 26:29: The significance of having relationships with bankers & financial institutions 37:06: Negative impacts from virtual communication
Guest Website: lcrealestategroup.com // www.livinginthegap.org
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 13 November 2024
Today's episode is from Mobile Home Park #126 that originally aired on Feb. 12 2021. I answer 3 very big questions that get I asked repeatedly by new MHP investors. Learn About Investment and Partnership Opportunities with Kevin and His Team
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 11 November 2024
Josh is the founder and principle at GNP Development, privately owned, boutique real estate investment and development firm, based in Tampa FL, but whose projects can be seen across the country. GNP has a track record of more than $1 billion in investment, development and advisory and currently has over half a million square feet under development. Connect with Josh: https://joshuapardue.com/, https://gnpdev.com/, YouTube Highlights: 5:12 - The 2008 Crisis & Fighting Through It. 11:46 - GNP Today (Joshuas Business) 15:04 - The Tampa/Jacksonville Market 25:48 - Major Development in West Ybor 27:04 - What Josh Is Looking Forward To In The Future with Rates
Quotes: " Each LLC and each project has it's own merits, and that is the way you have to look at it and explain it as you make a deal." "Two words I don't resonate in the office is work and boss. Building a good culture and surrounding yourself with good people is really the most important."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 8 November 2024
Dave Zook and his team at The Real Asset Investor specialize in a variety of asset classes including ATM machines, Car Washes, Energy, Self-Storage and a number of others. In fact, he and his team are one of the Top 4 ATM Fund Operators in the US. Dave is a sought-after speaker and has shared his knowledge across various media platforms such as The International Business Conference, The Real Estate Guys Radio Show, Cashflow Ninja and many others. Additionally, Dave is also a fellow Pennsylvanian and lives in Lancaster PA with his wife and 4 daughters.
Quote: “If you focus on your operations and you’ve got stuff in your portfolio that needs stabilized, you’ve got stuff that needs “buttoned-up,” button that stuff up tight. The better you’re running your ship, the better your chance is that a bank is going to look at you and say, “yep, we’ll do the next deal with you.” Highlights: 2:55: Learn about Dave’s Background 8:45: What Dave’s Business Looks like Today Compared To 6-12 Months Ago 15:00: Advice on Finding Lenders - Strategies on How To Secure Relationships w/ Banks & Lenders 26:45: What Was The Transition From a “Sub Par" To a Quality Wash From a Car Wash? 29:09: ATMs Today & What We Can Expect From Them In The Future
Guest Website: therealassetinvestor.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 6 November 2024
Today's episode is from Mobile Home Park #79 that originally aired on Oct. 10, 2017. Mobile Home Park industry broker, Stephanie McAnuff 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 4 November 2024
Chris is the Co-Founder & CEO of The Money School, an educational firm that teaches individuals on how to take control of their financial future by becoming their own bank and leveraging the infinite banking concept. Chris’s expertise is quite significant where as he has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. Connect with Chris: beyourownbanker.com, chrisnaugle.com YouTube: https://www.youtube.com/@TheChrisNaugle Quote: "I don't have my own bank, I just mimic what a bank does, it's nothing more than a process not a product." Highlights: 2:53 - Chris Started A Business As A Teenager 15:00 - Maintaining Focus & Long Work Hrs / Building A Strong Brand 17:48 - What is Infinite Banking / Who Is It For? 23:17 - How It Works 31:53 - Managing The Process
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 1 November 2024
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: Capital Market / Lending etc in Canada
Guest Website: lionheartdevelopment.co
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 30 October 2024
Today's episode is from Mobile Home Park #97 that originally aired on Oct. 13, 2018. When purchasing a new mobile home park, You will inevitably face many objections from sellers before reaching a close. HIGHLIGHTS: 2:09 #1: Capital Gains Taxes
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 28 October 2024
David Peters is the principle and co-founder of Magnetic Invest, an investment firm that currently specializes in hotel to residential conversions throughout the US. Prior to the hotel to residential focus, David spent more than a decade running anumber of multifamily syndicates and prior to that was the owner and general contractor at LCS residential. Connect with David: https://www.linkedin.com/in/david-peters-8334554 , david@magneticinvest.com Quote: "If you don't have annual leases on 90% of your units, you can't get that 'fanny freddy' financing." Highlights: 8:00 - Hotel's Death Spiral 11:14 - The "Sweet Spot" Hotel Property 15:10 - The Rise & Fall of Extended Stay 18:51 - David's Process for Conversion / The Appeal 21:38 - Gauging Local Support 23:47 - How to Finance 28:00 - How David Sets Up Management 30:10 - Leases / Primary Clients 38:00 - Rental Rates
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 25 October 2024
Today's Flash Back Friday episode is from #609 that originally aired on Jan. 26, 2023. Eric started his career as a dentist during which time he successfully owned and operated four dental practices that he in turn sold to a private equity group. After increasing his net worth four times since the sale of his dental practice, and increasing his passive income from $7k to over six-figures per month, Eric wanted to share his knowledge and teach others how to do the same. Eric has now diversified his wealth and investments in commercial real estate, private equity, and VC funds and helps advise others on how to do the same.
Quote: “Now I get to work, and I’m helping other people be able to get to work. Not just have to work.” Highlights: 2:45: Introduction - get to know Eric Francom and his story into the investment world 10:54: Lessons learned from selling four dental practices 15:00: Private equity and VC deals in commercial real estate - where do you invest your money? 23:40: Investing in companies versus commercial/personal 28:45: How to “vet” new investment opportunities Connect with Eric: www.ericfrancom.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 23 October 2024
MHP #810: Fighting Local Governments on Age Restrictions of Mobile Homes & Illegally Zoned Mobile Home Park
Today's episode is from Mobile Home Park #42 that originally aired on Jan. 3, 2017. Charles and I will share the details from two challenges we recently encountered in in two parks and how we are working through each one. If you’re actively looking for parks and plan on owning more than one, then it’s almost a guarantee that you’ll run into one of these scenarios sooner or later. Listen in as we share “real life” examples of what you’ll be encountering in your day-to-day role as a mobile home park investor. Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 21 October 2024
George is a real estate investor and social media influencer who shot to fame after a viral video demonstrated just how easy it is to steal a house. In the video, "I Stole a House". George revealed the loop holes that squatters and title thieves use to manipulate the system. As the CEO of Defender Networks, based in Portland, OR. George leads acompany focused on safeguarding clients from squatters, title fraud, and other real estate scams. Connect with George: https://www.instagram.com/mrd_portland/ George's Online Courses: https://squatterdefender.com/ - use KEVINB for 20% off! https://titlefrauddefender.com/ Quote: "A prolonged period of time is longer than a day..." Highlights: 2:32 - Exposing The Squatter's Tactics 7:10 - How Long It Takes To Get Squatters Out 8:41 - How Do They Have The Right To Stay 12:05 - Properties That Fall Victim 13:35 - Prevent Squatters 23:28 - What is Deed Fraud? 31:05 - Solutions
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 14 October 2024
Joe is a second generation builder and starting as a young child he began visiting construction sites with his father. Since then, he’s always had the urge to be involved in real estate and be building things. This led him to joining the US Navy Construction Battalion –The Seabees. After serving multiple tours and racking up numerous service medals, he decided to return home and start his professional real estate career. Within a 15 year time span, Joe has built himself an 8-figure real estate empire and has completed over $100M in real estate transactions. Fast forward to today and Joe has transitioned this passion and wealth of real estate knowledge into building state of the art Self Storage Facilities across the country through his firm, Legacy Developers, with the goal of developing 100 facilities within the next 10 years. Connect with Joe: https://investwithlegacy.com/ Highlights: 1:45 - Joe's Back Story Growing Up As a Builder Alongside His Father 14:47 - The Appeal of Building Self Storage 20:30 - Market Selection Tips 28:37 - Hot Spots For Self Storage Quote: "You can make money in anything! It's just a matter of how much stress and BS you want to deal with."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 11 October 2024
Arjun Choudhary is the VP of Investments for Onicx Group, a Tampa FL based full-service real estate development and construction company. The firm was launched in 2004 and honed their expertise in developing and building healthcare, multi-family and industrial properties and a core mission to profitably acquire, develop, and manage commercial properties across the Southeast. Quote: We’re not trying to time the market in any of the asset classes we manage. We’re developers - we find the right equity partners to work with us in the asset classes and areas we believe in.
Highlights: 03:25: How Arjun’s background in architecture brought him to real estate investing 04:55: Increasing occupancy and expanding on a health care asset portfolio 07:00: Weighing the risks and rewards when front-loading your investments 11:30: How Onicx manages health care assets today 14:00: Choosing which asset classes to invest in during our current market 17:00: The types of equity that Onicx is currently seeing 20:50: Choosing the best opportunities to capitalize on over the next year
Guest Website: https://onicx.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 9 October 2024
Charles and Kevin share the 4 largest challenges/roadblocks that new mobile home park investors make when getting into this business and how to overcome them. There is absolutely no reason why even someone with zero experience and zero money can’t become a successful mobile home park investor and Charles and I will show you how. Enjoy the show! Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 7 October 2024
Blake Daily is the CEO of StayVest, a real estate investment firm focused on large scale short term rentals, more specifically converting boutique hotels from their traditional use to short term investments. Blake started out with a single Airbnb unit and over the last five years has scaled his 30 employees, and more than 200 current short term rentals that generate millions of dollars a year in revenue. Connect with Blake: IG @blakejdaily, YT https://www.youtube.com/@BlakeDailey Quote: "We have bridged the gap between hotels and Airbnbs and combined them." Highlights: 4:18 - The VA Loan Process 7:00 - Scaling The Business 10:30 - Appeal to Draw Differences (Hotels vs. Airbnb) 29:50 - Tackling Renovations / Maintenance 36:50 - How to Finance Hospitality Projects
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 4 October 2024
Today's Flash Back Friday episode is from #516 that originally aired on Nov. 21, 2022. Kyle Stephonson is the president and owner of KRS Holdings, a real estate investment and property management firm that manages more than 4000 units across the commonwealth of Virginia. Kyle’s primary focus on the investment side of his business has always been to generate cash flow with a secondary focus on long-term appreciation. His investment philosophy is to hold a real estate investment through at least one economic cycle. Quote: "I wasn’t confident in my ability to manage properties for others until I started dealing with what I’ll call the trainwrecks."
Highlights: 08:25: Replacing W2 income with real estate investments 10:40: How third party management helped Kyle weather the last recession 15:35: The art of dealing with challenging assets 18:50: Kyle’s big tennant red flag 21:20: Holding assets through one economic cycle 23:50: Shifts in the Virginia market with recent market changes 27:30: Finding investment opportunities in strategic ways Guest Website: https://www.krsholdings.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 2 October 2024
MHP #801: How a First-Time MHP Investor Landed an Incredible Deal and is Working on His Second Acquisition While Working 60+ Hour Work Weeks
Today's episode is from Mobile Home Park #44 that originally aired on Jan. 17, 2017. This episode with MHP investor Paul Stout covers 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 30 September 2024
Dan Eisenstadt is the founder and CEO of TerraVet real estate solutions, an investment firm focused on veterinary and health care related assets. For more than a decade, TerraVet has partnered with veterinary practice owners to maximize the value of their real estate. Whether they’re selling, leasing, or expanding, Daniel and his team provide the necessary knowledge and resources to reach the healthiest out come for their clients. Connect with Dan & TerraVet: https://terravetrealestate.com/
Highlights: 6:15 - What Drew Dan to The Health Care Sector 9:55 - Where Dan's Deal Flow Comes From 13:18 - Ideal Lease Terms 16:02 - Challenges / Staffing / Space 27:40 - Opting For Moving Shares via 721 Exchange
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 27 September 2024
Today's episode is from #510 that originally aired on Nov. 7, 2022. CJ Follini is the managing principal of Noyack Logistics, a public real estate investment trust that specializes in American logistics real estate infrastructure with core values based on the continued growth of eCommerce. CJ’s experience spans more than 38 years as a leading investment expert on alternative real estate assets including healthcare, cold storage logistics, venture capital, media infrastructure, and Qualified Opportunity Zone development. Quote: "Don’t go for the last dollar in an inflationary environment - go for stability." Highlights: 06:40: CJ’s first real estate deal at age 15 10:30: Lessons CJ has learned from operating in high inflationary environments in the past 14:00: Building your legacy using commercial real estate investment 17:01: Growth rates of ecommerce real estate needs and its projected trajectory 22:20: Taking advantage of opportunities in cold storage investments 25:00: Adapting usage of commercial properties as needs shift 28:00: Changing usage of parking structures as office needs change post-Covid 31:00: The future of single-use properties
Guest Website: https://noyackcapital.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 25 September 2024
Today's episode is from Mobile Home Park #37 that originally aired on Nov. 29, 2016. The 7 most important questions that you need to be asking when qualifying a potential mobile home park investment. These are the same questions that we use in our very own business and so we know they work. These questions will help you quickly determine whether the park you’re looking at is a deal or a dud. Time is money in this business and we want to ensure that you’re spending your time wisely. Enjoy! Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 23 September 2024
Ty Crandall is the CEO of Credit Suite, an advisory firm that consults with and advises companies on business credit building and scoring. Ty has overseen the business credit building for thousands of clients and has helped create and grow the most credible business coaching operation in the United States. Ty is an internationally known speaker, author, and business credit expert and is also the author of two of the bestselling books on consumer and business credit. These include “Perfect Credit” and “Business Credit Decoded”. In addition, he has written hundreds of published articles relating to business credit. Connect with Ty: https://www.creditsuite.com/ein Highlights: 5:49 - Why Most People Get Credit Wrong 9:10 - How To Get Funds 18:41 - Credit Limits / What To Expect 23:47 - Resources For Funding
Quote: "Personal Funds are not meant to be used to start a business."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 20 September 2024
Seth Williams is a professional real estate investor and the founder of the popular site REtipster.com - a real estate investing community that teaches self-motivated people how to make great money from real estate while minimizing risk and creating more time for the things that matter. Quote: “With land investing, I was able to get into the game with very little risk with literally just the cash in my bank account.” Highlights: 04:20: What land investing actually is 07:40: How land investing allows you to get into real estate investing with little risk 08:45: The type of land Seth likes to invest in 12:00: The criteria you should consider when investing in land 13:10: Determining the value of land deals 16:25: Seth’s exit strategy for land investment deals 19:25: Qualifying your buyers 23:05: Typical turnaround times for finding buyers 24:20: What made Seth invest in self-storage properties
Guest Website: https://retipster.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 18 September 2024
Today's episode is from Mobile Home Park #41 that originally aired on Dec. 27, 2016. Charles and I will interview new Mobile Home Park investor, Dan Gibson, to discuss his involvement in this business as well as his trials and tribulations. We’ll cover details on his very first acquisition as well as a current 150+ space park he has under contract. Dan’s story is as real as they come and will prove that as long as you possess a strong will power and a desire to be successful, that anyone can find HUGE success (and returns) in this business. Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 16 September 2024
Deb is the co-founder and CEO of the Center Cap Group, boutique investment bank providing strategic advisory, capital-raising and consulting related services to private and public sector companies and fund managers across the real estate industry. Center Cap is the first female-founded boutique mid-market bank solely operating in the real estate space. Deb has 20+ years of experience in corporate M&A, real estate, and niche asset classes. Deb's extensive experience also brings a unique perspective on emerging trends, contrarian investments, and adjusting to ever fluctuating markets. Deb heads the firm’s Strategic Capital and M&A and Execution, and she also sits on the Board of a publicly traded REIT. Quote: "Appreciate every opportunity that comes along and explore it." Highlights: 5:05 - Deb Discovers Great Opportunity in Real Estate 11:03 - Learn To Take More Risks 16:00 - How Deb's Business Unfolded 20:05 - Center Cap's Unique Focus 30:33 - Find Your Unique Niche
Connect with Deborah: https://www.centercapgroup.com/index.php , https://www.centercapgroup.com/about_team.php
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 13 September 2024
Today's Flash Back Friday episode is form #480 that originally aired on Aug. 29, 2022. Bill Shopoff is President and Chief Executive Officer of Shopoff Realty Investments, L.P., as well as numerous affiliated entities. Mr. Shopoff has more than 40 years of real estate and investment experience. His expertise includes the acquisition, development, and sale of new and redeveloped residential and commercial properties throughout the United States, as well as partnership structure, debt placement, venture capital and investment underwriting. Mr. Shopoff has acquired over 1,000 properties on behalf of his various entities, including the acquisition of over 6,000 apartment units (fee or mortgage loans), the entitlement of over 18,000 lots/units of land suitable for single-family or multi-family development, as well as millions of square feet of commercial projects. Additionally, the firm has undertaken numerous development projects, with current developments underway including high cube logistics buildings, apartments, luxury condominiums, and single-family build-to-rent products.
Quote: You’ve driven by something many times in your neighborhood and then all of a sudden something changes. A building goes up and they think, “I wish I’d thought of that.” We’re the people who wish we’d thought of it and then think of it and then do it.
Highlights: 04:55: How Integris’s offerings are staying ahead of the real estate game 10:10: Investor sentiment in the current market 16:00: Bill dives into how Shopoff realty has weathered different financial markets over the years 21:00: What baseball and real estate have in common 24:00: Bill’s prediction of where the economy is going 27:00: What Bill’s learned from buying, selling, and reinvesting 32:50: Learning to stay ahead the curve in real estate 36:00: The mindset it takes to make $1M/year 42:50: How COVID has impacted office properties
Connect with Bill Shopoff: https://www.shopoff.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 11 September 2024
Today's episode is from Mobile Home Park #48 that originally aired on Feb. 14, 2017. Charles and I share our best practices for vetting and pre-screening residents for your mobile home park communities. The amount of money you will save in the long run by doing due diligence ahead of time is well worth the extra effort and time spent upfront. Enjoy the show!
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 9 September 2024
Real estate investment and self storage expert Andrew Abernathy The Chairman & Founder of Abernathey Holdings, a Class A self storage development firm that has capitalized on vertical integration from inception to completion and all the way through to the day to day operations. Andrew began investing at the age of 13 with only $4,000. Now at age 30 he has turned that $4,000 into an investment company with more than $100 million in assets. Connect with Andrew: https://abernatheyholdingco.com/ Quote: "Too much capital is an anchor." Highlights: 5:30 - Andrew Takes Over The Family Farm and Starts Investing at 13 11:20 - Andrew's Mentor Process 20:42 - Where to Look to Build 22:36 - Andrew's Strategy for Selling Portfolios 30:55 - Finding Balance in Between Family and Work
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 6 September 2024
Today's Flash Back Friday episode is from #463 that originally aired on July 18, 2022. Real estate investment expert, and fellow podcaster, Michael Albaum. Michael is a real estate investor and Program Manager/Head Coach of Roof-stock Academy, which is one of the world's leading real estate investment marketplaces and has exceeded more than $6 billion in transactions and continues to disrupt the industry with cutting-edge technology and innovations. In the last decade, Michael has done a variety of deals ranging from single-family homes to longer-term NNN lease properties with national chain tenants. After years of investing, he found his niche in long-distance, value-add multifamily investing. Michael recently left the 9-5 world and prior to the pandemic was traveling around the world with his wife, who is also able to work remotely. Quote: “As I grew organically in the real estate space, my purview grew as well. And I found short-term rentals are an asset class that can make a lot of sense for a lot of people.” Highlights: 05:45: Why getting laser-focused on particular markets led to Michael’s success 07:45: The systems and processes Michael uses to manage investments remotely 09:50: How Michael manages his multi-family investments 13:05: Getting multi-family units ready to lease using property management companies 17:05: How the pandemic and today’s financial market impacted Michael’s investment strategy 22:00: Getting funding for rehab projects 28:10: How short-term rentals have been impacted by increases in post-covid travel 31:35: Finding financing for short-term rental investments 32:40: What advice Michael would give to himself 10 years ago Guest Website: https://www.roofstockacademy.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 4 September 2024
MHP #789: Dealing With a Sellers Inaccurate Repairs & Maintenance Numbers & How To Avoid Being Misled
Today's episode is from Mobile Home Park #55 that originally aired on March 25, 2017. Charles and I will discuss mistake number 10 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” We have all heard the phrase, “Use the seller’s numbers” time and time again. This works great when you notice a seller is paying twice as much as they should for management or when your seller is paying for a utility you plan to pass through. However, this can quickly go awry when talking about repairs and maintenance, especially when the numbers are understated.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 2 September 2024
Shams Merchant is recognized as an industry-leading commercial real estate and private equity attorney who advises clients on a wide range of commercial real estate and business transactions ranging in value from $1 million to over $350 million. This expertise encompasses the purchase, sale, financing, leasing, and construction & development of both commercial and residential properties. His experience runs the gamut of multiple assets types including but not limited to retail, shopping centers, multi-family, office, industrial, hotel, data centers, sports & recreation facilities, adaptive reuse & conversion projects and that’s just to name a few. Connect with Shams: https://mwfirm.com/, https://mwfirm.com/shams-merchant, https://www.linkedin.com/in/shams-merchant Highlights: 4:09 - Is The Market Improving? 15:10 - Large Law Firms Don't Offer as Much 17:12 - Capital Raising with MW 22:33 - Transforming Old Indoor Malls 30:12 - Fund To Funds Are Hot!
Quote: "You still have to do your do diligence as an LB. You can't just rely on who you're investing with. You should s still take that extra step.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 30 August 2024
Today's Flash Back Friday episode is from #549 that originally aired on Feb. 6, 2023. James Kandasamy is the founder and CEO of Achieve Investment Group, a multifamily investment group based in Texas. James currently oversees nearly 4000 units worth more than a half a billion dollars. Achieve is a vertically integrated multifamily Investment Firm dedicated to acquiring and operating properties with significant value-add components located in high growth top tier US MSA’s. Quote: “The market is all about human behavior.”
Highlights: 06:40: Timing the market right when selling assets 11:00: Using bridge loans for multi-family investments 17:45: Why James is not looking for deals and what he’s doing instead 19:20: Managing seller expectations with land entitlement deals 23:00: Feeling pressured to do deals by investors 25:00: Communicating with medical professionals looking to invest in real estate 30:00: Educating your investors about different types of deals 34:00: Hidden costs of development deals 38:00: The different levels of a development project and the related risks 34:10: James’s predictions for the market over the next year
Guest Website: https://achieveinvestmentgroup.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 28 August 2024
Today's episode is from Mobile Home Park #54 that originally aired on March 23, 2017. Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 9 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” When performing due diligence, it is important that you determine if the park lies within a floodplain. In fact, this should be one of the first steps you do. In today’s show Charles and I will discuss the following: How does a flood zone affect the deal? Can you even do this deal if it’s in a flood zone? Can it be financed? What will your insurance agent say? Are there scenarios where a flood plain may be OK? We’ll cover all of this and more in todays show. Enjoy!
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 26 August 2024
Michael Tillman is the CEO of PTM Partners, a real estate investment and development firm focused on qualified opportunity zones. The team has collectively invested, developed, constructed, and managed more than $12 billion in real estate covering a broad range of mixed-use projects in Florida, New Jersey, New York, and Washington, D.C. By purchasing land intelligently and designing efficiently sized units with a variety of hotel-quality amenities and services, PTM has been able to deliver price-accessible luxury housing. The principals of PTM have collectively executed over $8B worth of construction projects and over$20B in real estate transactions. Connect with Michael Tillman: https://ptmpartners.com/ Quote: "To be a developer, you have to be able to be fluent in a lot of different parts of the trade." Highlights: 7:31 - Merchant Builders: A New Class of Developers 17:20 - PTM's Secret Sauce / Compared to Competitors 21:16 - Michael's "Detail Recipe" 34:21 - Pre TCO Investing Explained 37:29 - Michael's Project Focus / Key Components & Features
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 23 August 2024
Today's Flash Back Friday episode is from #606 that originally aired on Jun. 23,2023. Dave Codrea is co-founder of Greenleaf Capital, an Atlanta based real estate investment firm. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US with a growing portfolio that currently includes Apartments, Mobile Home parks, and various Commercial properties.
Quote: “Flex space can move with what you need in your business. Entrepreneurs, small business owners are normally pretty adaptable and they figure it out. They’ve got some wooden tables around and they make it work!”
Highlights: 2:50: What drove Dave into the world of real estate investments/learning more about Green Leaf 5:25: Best performing office spaces - where are they located? 10:57: Property management software - does that vary for each type of property? 12:50: Navigating the internal debt market - what is the plan for current debt in the books? Future opportunities? 14:45: "Then and now”, with interest rates increasing 18:44: Lending relationships - keeping it local with small community banks/credit unions Guest Website: https://www.gogreenleafmanagement.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 21 August 2024
MHP #783: The 4 Core Competencies That You Must Master in Order to Successfully Operate a Mobile Home Park
Today's episode is from Mobile Home Park #75 that originally aired on July 11, 2017. Charles and I dive deep into the operational side of the business by discussing in detail the four main core components that one must master to successfully operate a park to it’s fullest potential. Operating a mobile home park can essentially be boiled down to managing these four things:
Listen in as we share our real-life experiences and teach you the proper way to run a park. You can also watch the video version of this show by clicking on this link
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 19 August 2024
Drew Wahlgren is the VP and director of capital markets for MAG Capital Partners. MAG Capital specializes in sale lease backs, net lease investments, and various development projects throughout the US. Drew has been investing in real estate since 2011, and joined MAG Capital Partners in 2019 after 8 successful years as a risk analyst and program manager at Liberty Mutual Insurance. Prior to that experience at a large corporation, Drew had started his entrepreneurial experience at the age of 20, owning and operating a food and beverage distribution company for 6 years. Drew holds a Bachelor of Science in Finance from California State University at Hayward & resides in the Fort Worth, TX with his wife and three children. Connect with Drew: MAGCP.com | Drew@magcp.com Highlights: 2:25 - Drews BG / His Real Estate Start 11:40 - Drew's Business Model as an Investor 20:00 - Cap Rates 36:15 - Where The Market is Now
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 16 August 2024
Today's Flash Back Friday episode is from #612 that originally aired on July 3, 2023. Tom Dunkel is the chief investment officer at Belrose Storage group where he leads a seasoned team of real estate investment professionals who specialize in acquiring under-performing self-storage facilities in the eastern U.S. With a background in corporate finance and 25 years of real estate and investment experience, Tom has taken Belorse from start-up to a world-class organization. Tom has specialized in discounted asset opportunities nationwide since 2006. A graduate of the University of Delaware, Tom earned his MBA at William and Mary.
Quote: “That’s one of the things we love about storage - it’s not rocket science, right? We’re not splitting atoms, it's not terribly complicated.” Highlights: 1:15: Introduction - get to know Tom Dunkel and his journey leading up to Belrose Storage Group 8:03: Navigating the self storage business in the current times of “uncertainty” 15:18: Market locations for investments 20:22: How to operate self-storage remotely 25:00: Long term vision/goals for Belrose Storage Connect with Tom: https://belrosestoragegroup.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 14 August 2024
MHP #780: Supply and Demand Economics of MHP, Vetting a Sponsor, Long Distance Investing, Off-Market Deal Flow
Today's episode is from Mobile Home Park #87 that originally aired on July 24, 2018. Real Estate Investor and Entrepreneur, Kirk Bausch 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:
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 9 August 2024
Today's Flash Back Friday episode is from #588 that originally aired on May 8, 2023. Crystal Caruthers is the co-founder of Chromis Capital, a value-add commercial investment group that specializes in industrial and retail assets. Crystal's expertise lies in finding off-market bargains, dealing directly with sellers, and crafting creative win-win deals. Her business has been carefully built around the desire to be fully present with her husband and children all while lending the flexibility to travel as a family unit.
Quote: I firmly believe in being educated on everything you might want to do. It’s well worth paying for some good education or else you learn it the hard way…which also costs money.
Highlights: 05:11: Using wholesaling to supplement your real estate investments 09:27: How commercial deals helped Crystal to scale faster 17:15: Breaking down Crystal’s first retail deal 23:00: Using auction sites to buy industrial properties 31:04: Crystal’s favorite way of finding vacant properties 32:09: How Crystal’s family is involved with her investment business
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 7 August 2024
Today's episode is from Mobile Home Park #84 that originally aired on Dec. 6, 2017. In today’s show we’re going to be speaking with Manufactured Housing Industry Expert and Living Legend, Ken Corbin Ken started his career in financing side of things working with the largest lender in manufactured housing at the time. As an entrepreneur, he was influential in putting together the largest private placement of its type on Wall Street. Ken brought together some of the premier retailers in the Manufactured Housing Industry with that $30 million investment. He later became President of one of these companies. In fact, there were MORE manufactured homes sold at Ken’s address than ANY other address ANYWHERE in The United States. That record still stands today. Ken received his MBA from the University of Michigan and is a former advisory consultant to The American Graduate School of International Management. He’s also on the board of trustees of Habitat for Humanity. Today, Ken travels throughout North America and has spoken to over 2,000 organizations; including over 400 communities, retailers, manufacturers and associations in the manufactured housing industry. He’s the only 3-time recipient as “Professional Speaker of the Year” in specialty housing and is a Certified Management Consultant.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 5 August 2024
#777 Revolutionizing Real Estate: Joe Caltabiano on Healing Realty Trust's Bold Vision & $25M Series A Success
Joe is CEO of Healing Realty Trust, a data-driven, self-managed real estate investment company with a portfolio centered on purchasing health care-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, as well as in the advancement of innovative and emerging psychedelic therapies. The company recently announced it has closed the first tranche of its $25 million Series A funding round. Priorto HRT, Joe founded JSC Fund, a family office aimed at uncovering and advancing opportunities within regulated industries. Before launching this fund, he co-founded Cresco Labs, one of North America’s largest vertically integrated cannabis operators. He helped grow Cresco from a start-up to a multi-state operator with annualized revenue of over $250 million and operations in nine states. Connect with Joe: https://healingrt.com/team/ | joe@healingrt.com Quote: "Real estate is where the wealth is created." Highlights: 5:47 - All About Healing Realty Trust 13:00 - Why Large Pharmaceutical Companies are Jumping on Board 17:05 - Mental Health Care Facilities 18:45 - HRT's Property Focus 26:10 - Evolving / New Treatments 30:06 - Scaling / Joes Buying Strategy
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 2 August 2024
Today's Flash Back Friday episode is from #573 that originally aired on April 3, 2023. VP of finance at Open Door Capital, Sydney Barker. Prior to joining Open Door Capital, Sydney served as the Corporate Controller for a $250M IT company as well as a Senior Financial Analyst for a large public insurance company. Her experience includes various merger/acquisitions with private equity firms, ERP implementations, SEC reporting, and cash management and strategy. In addition to her corporate endeavors, Sydney has personal investments in both multifamily apartments and mobile home parks. Quote: "Mobile home parks is an asset class where you can get really creative."
Highlights: 06:40: Getting creative with your MHP investments 08:00: Sydney’s first MHP investment and how she’s found value in the deal long-term 19:55: Managing utilities at your mobile home parks 22:50: Sydney’s role at Open Door Capital 27:10: Lessons Sydney has learned from working with a fast-growing firm 31:10: Market-specific challenges Sydney has faced 37:50: Handling rent increases in MHP and apartment properties
Guest Website: https://odcfund.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 31 July 2024
Today's episode is from Mobile Home Park #89 that originally aired on Aug. 7, 20 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:
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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 29 July 2024
#774 Legacy Leadership: Daniel Farber on Steering a Family Real Estate Empire, Navigating Top Marketplaces & Property Management
Daniel Farber is the CEO of HLC Equity, a multi-generational real estate investment firm, focused on acquiring/operating multifamily and commercial assets. HLC was founded 75 years ago by Daniel's grandfather and started accumulating commercial assets starting in the 1950s. Fast forward to today, and HLC’s portfolio runs the gamut including multifamily, grocer anchored retail, and NNN single tenant, to name a few. Connect with Daniel Farber: https://hlcequity.com/ https://www.linkedin.com/in/danielfarber Highlights: 4:39 - Pivoting from Retail to more MultiFamily Real Estate 8:35 - Navigating Changes in The Market 11:50 - Daniel's Key Markets 18:33 - Property Management Advantages/Disadvantages 24:10 - Getting into a New Marketplace Quote: "Whatever you are given in life, your job is to make the most of it." Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 26 July 2024
Today's Flash Back Friday episode is from #567 that originally aired on March 20, 2023. Huber Bongolan has more than 11 years of experience in both commercial and residential real estate finance and has sourced $1+ billion in debt and equity financing for land, construction, bridge, and permanent deals in all product types. He has a bachelors in both Business Economics and International Studies, from the University of California as well as an MBA and MRED, from the University of Southern California. He is an Eagle Scout in the Boy Scouts of America, and holds leadership positions in both ULI (Urban Land Institute) and FIIRE (Filipinos in Institutional Real Estate).
Quote: “We’re always asking how we can make our tech platform better in order to improve our user experience.” Highlights: 05:55: What StackSource is and the problem it solves 08:42: Leveraging technology to simplify your deals 12:30: Why multi-family is dominating StackForce’s deals 18:20: How StackForce brings utilizes tech to improve their user experience Connect with huber Bingolan: https://www.stacksource.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 24 July 2024
Today's episode is from Mobile Home Park #120 that originally aired on Nov. 28, 2020. In this special episode, we dive deep into 3 case studies on Mobile Home Parks in which we successfully went full cycle on. Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 22 July 2024
Mark Podolsky is the owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. Mark has completed over 6,000l and deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells on seller carry terms. Additionally, Mark is a published author and hosts a successful podcast titled the art of passive income. Connect with Mark Podolsky: https://www.thelandgeek.com/ Get Mark's Book: Dirt Rich Highlights: 3:00 - The Best Undeveloped Land Locations 8:16 - Determining Land Value 15:25 - Current Interest Rate 17:40 - Current Default Rates 19:45 - Getting Started/Finance Options Quote: " I have one mission in life, which is to not just help people solve their money problem but their time problems too."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 19 July 2024
Today's Flash Back Friday episode is from #501 that originally aired on Oct. 17 2022. Seth Williams is a professional real estate investor and the founder of the popular site REtipster.com - a real estate investing community that teaches self-motivated people how to make great money from real estate while minimizing risk and creating more time for the things that matter. Quote: “With land investing, I was able to get into the game with very little risk with literally just the cash in my bank account.” Highlights: 04:20: What land investing actually is 07:40: How land investing allows you to get into real estate investing with little risk 08:45: The type of land Seth likes to invest in 12:00: The criteria you should consider when investing in land 13:10: Determining the value of land deals 16:25: Seth’s exit strategy for land investment deals 19:25: Qualifying your buyers 23:05: Typical turnaround times for finding buyers 24:20: What made Seth invest in self-storage properties Guest Website: https://retipster.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 17 July 2024
Today's episode is from Mobile Home Park #125 that originally aired on Feb. 4, 2021. Corey and I discuss how he got started in the MHP space as well as the system he's built to help him quickly get to scale in order to quit his full-time job.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 15 July 2024
Dale is the owner & founder of Centra Capital Partners, a ground up, single family development firm based out of the Twin Cities. Since starting the company, he has overseen the development of more than 1,500 homes across 50+ projects totaling more than $500 million in project value. The Centra Team controls the developments from start-to-finish leveraging it's industry experts to source, entitle, build, and sell each home, which allows them to control costs, control risk, and adhere to the schedule. Quote: "One of the things I love about real estate is you are impacting lives for the good, you are creating something that's going to last for generations." - Dale Wills Highlights: 4:55 - Dale owning RadioShacks 8:35 - Focusing on First Time Buyers 10:45 - Becoming More Efficient During Hard Times 15:22 - Navigating Offering Lower Prices 21:39 - What Makes Dale Excited About The Future Connect with Dale: centracapitalpartners.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 12 July 2024
Today's Flash Back Friday episode is from #495 that originally aired on Oct. 3 2022. Ash Patel has been a full-time Commercial Real Estate Investor for over 10 years. He is a value add investor and his experience runs the gamut from retail, warehouse, office, industrial, land, mixed-use, medical, and restaurants just to name a few. From vacant buildings to net lease properties, the consistent theme is extraordinarily high returns. He is a hands-on property manager and has never used a property management company.
Quote: It really just comes down to basic math. Dive into the numbers and see what the potential returns could be. Highlights: 5:40: How to gain expertise and experience when working with multiple asset classes 08:15: Finding good commercial deals in an unfamiliar market 11:00: Making your due diligence easier 13:55: Finding financing when you’re asset class agnostic or working in new markets 17:00: Navigating volatile rates in the current market 19:00: Finding opportunities when you’re working in a variety of markets and asset classes 21:00: Resources for finding commercial listings 23:25: Asset classes Ash is avoiding right now and what opportunities he’s seeking out 27:15: How banks are approaching lending opportunities with offices 28:20: The future of mall properties Guest Website: https://www.linkedin.com/in/ash-patel-95b1a25/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 10 July 2024
Today's episode is from Mobile Home Park #123 that originally aired on Jan 15, 2021. In this episode, I discuss the top 3 ways to uncover great Mobile Home Park deals. What You’ll Learn:
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 8 July 2024
#765: Building Futures: A Conversation with Jon Weiskopf of Blue Eyed Capital on Creating Healthy Homes
Jon Weiskopf is the CEO and Founder of Blue Eyed Capital, a multi family investment firm that is on a mission to impact the world one building at a time. With over 18 years of expertise in commercial real estate and a specialization in energy performance and sustainable buildings, Jon's legacy includes leading the charge on over 300 high-performance spaces worldwide as the former head of engineering for Apple Inc.’s retail real estate group. Connect with Jon Weiskopf: https://blueeyedcapital.com/, https://www.linkedin.com/in/impactguru Highlights: 4:38 - Leaving Apple and starting Blue Eyed Capital 10:15 - Owning/Operating C Class Properties 20:43 - What's Needed for Future "Impact" 24:00 - Ideal Number of Units / "Distress Deals" Quote: "We need more healthy homes."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 5 July 2024
Today's Flash Back Friday episode is from #492 that originally aired on Sep. 26, 2022. Mark Podolsky is the owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full-time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells on terms. Additionally, Mark is a published author and hosts a successful podcast titled the art of passive income. Quote: “I can always make more money but I can’t get more time.” Highlights: 06:30: How Mark uses land investment to generate passive income 10:45: Dealing with environmental contamination 12:15: What potential buyers are looking for 14:30: Figuring out when to flip properties or when to cash flow the property 17:15: Generating leads for clients via direct mail 19:13: How land values were impacted by changing economic conditions 22:45: Navigating contracts and defaults 24:30: The size of the raw land market
Connect with Mark Podolsky: https://www.thelandgeek.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 3 July 2024
Today's episode is from Mobile Home Park #128 that originally aired on March 4, 2021. In this special episode, we'll cover the pros and cons of working with Lonnie Dealers in your park. Now, if you’ve been in the park business for sometime then you’ve you probably dealt with a Lonnie dealer in some capacity or another, but if you’re just getting started, this show will help you navigate these potentially murky waters. Learn About Investment and Partnership Opportunities with Kevin and His Team
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 1 July 2024
Dustin is the founder of masterpassiveincome.com and the Real Estate Wealth Builders Conference of being Successfully Unemployed at 37 years old by investing in real estate rental properties. He is now on a mission to help 1 million people to invest in real estate and achieve financial freedom. Dustin started Master Passive Income from his home back in 2015, while being a full time employee married with four children, owning and operating two other businesses and being a full time investor. He is very passionate about his mission to help others become successfully unemployed and never need a job again.
Connect with Dustin Heiner: https://masterpassiveincome.com/ Dustin's Free Course: text "RENTAL" to 33777 or visit https://masterpassiveincome.com/freecourse Highlights: 3:10 - Dustin's Story from Employed to Successfully Unemployed 10:16 - How Dustin Started Investing Creatively 24:53 - Strategies for Short-Term Rentals (smaller markets) 32:10 - Why Dustin Loves The Rising Interest Rates 40:54 - Airbnb Quality Drops While Prices Rise Quote: "You will never get payed what you are wirth and you are worth so much more than anybody could ever pay you."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 28 June 2024
Today's Flash Back Friday is from episode #486 that originally aired on Sep. 12, 2022. Rachel Gainsbrugh is the co-founder of a luxury boutique brand covering GA, FL, Pennsylvania, and TN that provides luxury vacation and workforce housing for families, medical professionals, and workers in other industries. Quote: “For me, the data is key.”
Highlights: 06:25: How Rachel determined which short-term rental markets to invest in 08:30: Finding short-term rental opportunities for executives or medical professionals 11:00: Using data to inform your investment decisions 15:50: Dealing with saturation in the market 17:50: Post-Covid slowdowns for short-term rentals 19:55: Finding financing for short-term investment properties 23:00: Figuring out property management
Connect with Rachel Gainsbrugh: https://www.shorttermgems.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 26 June 2024
Today's episode is from Mobile Home Park #110 that originally aired on Jun. 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:
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 24 June 2024
Our guest for this week’s show is real estate Investment Expert, Jeff Gleiberman. Jeff is President of MG Properties, a vertically integrated multi family firm with over 28,000 units and recognized by NMHC as a top 50 apartment operator. Jeff is responsible for overseeing investment transactions, operational strategies, and partner relations. Jeffs unique experience has allowed him to drive substantial platform growth while staying true to his firms founding principles. Prior to MG, Jeff worked in apartment investment sales at CBRE where he over saw the sale of over $500 million in Southern California multi family properties. Jeff has a business degree, with an emphasis in finance and management, from the University of Southern California and a Master of Science degree in real estate. Connect with Jeff and his Team: mgproperties.com Highlights: 4:56 - The Existing Multi Family Investment Focus 6:50 - Risk Profiles 14:25 - In House Organizations Improvements 21:22 - Future Opportunities, Low Costs, Deals 24:50 - Cap Rates (West Coast)
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 21 June 2024
Today's Flash Back Friday episode is from #480 that originally aired on Aug. 29, 2022. Bill Shopoff is President and Chief Executive Officer of Shopoff Realty Investments, L.P., as well as numerous affiliated entities. Mr. Shopoff has more than 40 years of real estate and investment experience. His expertise includes the acquisition, development, and sale of new and redeveloped residential and commercial properties throughout the United States, as well as partnership structure, debt placement, venture capital and investment underwriting. Mr. Shopoff has acquired over 1,000 properties on behalf of his various entities, including the acquisition of over 6,000 apartment units (fee or mortgage loans), the entitlement of over 18,000 lots/units of land suitable for single-family or multi-family development, as well as millions of square feet of commercial projects. Additionally, the firm has undertaken numerous development projects, with current developments underway including high cube logistics buildings, apartments, luxury condominiums, and single-family build-to-rent products. Quote: You’ve driven by something many times in your neighborhood and then all of a sudden something changes. A building goes up and they think, “I wish I’d thought of that.” We’re the people who wish we’d thought of it and then think of it and then do it. Highlights: 04:55: How Integris’s offerings are staying ahead of the real estate game 10:10: Investor sentiment in the current market 16:00: Bill dives into how Shopoff realty has weathered different financial markets over the years 21:00: What baseball and real estate have in common 24:00: Bill’s prediction of where the economy is going 27:00: What Bill’s learned from buying, selling, and reinvesting 32:50: Learning to stay ahead the curve in real estate 36:00: The mindset it takes to make $1M/year 42:50: How COVID has impacted office properties
Guest Website: https://www.shopoff.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 19 June 2024
MHP #757: A Candid Interview with Two Novice Park Investors To Discuss Their First Value-Add MHP Acquisition
Today's episode is from Mobile Home Park #43 that originally aired on Jan. 10, 2017. Learn from Mobile Home Park investors, Eric Ingvall and Adam Rourke. We 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Mon, 17 June 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Fri, 14 June 2024
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 his charity 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:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com. |
Wed, 12 June 2024
MHP #754: Learn Exactly How A Father & Son Team Have Purchased 3 Mobile Home Parks in Just Two Years
Today's episode is from Mobile Home Park #50 that originally aired on Feb. 28, 2017. Father and Son mobile home park investing team, Dan & Steve Warner, share how they’ve built an impressive 122 space - 3 MHP portfolio in two short years. We’ll cover details on how they found the parks, how they’re handling the management and turnaround of each park, how they financed the deals, and much, much more. We’ll also discuss how they manage this business being that Steve and Dan live more than 6,000 miles apart from one another. Enjoy the show!
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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Mon, 10 June 2024
Brian is a recovering landlord and ex-employee who today invests $5,000 at a time in passive real estate investments. He’s also a personal finance writer, and cofounder of SparkRental with over two decades in real estate and finance. Brian owns fractional shares in over 2,500 units, and regularly contributes as a real estate and personal finance expert for Bigger Pockets, Inman, Best Ever Real Estate, GOBankingRates and more. Along with his wife and daughter, he spends most of the year overseas-hiking, cooking, scuba diving, and surfing. Highlights: 3:28 - The Birth of SparkRental 11:03 - Brian's Business Model 14:23 - Brian's Asset Classes/Favourites 16:43 - Being Apart of The SparkRental Club 21:43 - Brian's Unique Lifestyle Connect with Brian Davis: SparkRental.com | brian@sparkrental.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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Fri, 7 June 2024
Today's Flash Back Friday episode is from #344 that originally aired on Oct. 12,2021. Danny Kalenov is a real estate expert and fund manager. Since 1999, he has analyzed, purchased, and repositioned a large variety of income-producing real estate assets. Now, Danny is the Founder, Principal, and Fund Manager of Diversus Fund. Diversus was born out of Danny’s frustration with the volatility of the stock market, and the realization that relying on stocks alone for stability in retirement was largely a game of chance. Quote: “If you pay 5x less in Nashville for the exact same home, you’re not going to get 5x more in San Diego for that same home.” “There are two key considerations that I would look at before making [short term rental] investments, the first one I market and the second one is team.” Highlights: 01:43 - Danny offers listeners insight into his background and how he entered the real estate space. 05:29 - Danny discusses Diversus Fund’s asset collection. 09:38 - Danny talks about the areas of real estate he first got into. 14:17 - Danny tells us about finding opportunities and his fund’s business model. 16:08 - Danny talks about new lottery legislation in San Diego and regulatory risk. 16:23 - Danny speaks towards short-term markets. 22:28 - Danny talks about the challenges of scaling short-term rentals. 27:54 - Danny discusses national companies that specialize in vacation rentals. 30:25 - Danny tells listeners about Diversus’s presence in the hotel space. Guest Website: https://diversusfund.com/ourteam https://www.rentalwithaview.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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Wed, 5 June 2024
MHP #751: Big Mistakes Made on William Noel's First Park Investment and How He's Changed His Criteria
Today's episode is from Mobile Home Park #46 that originally aired on Jan 31, 2017. In todays show, Charles and I interview Mobile Home Park investor, William Noel. We’ll cover in detail, William’s very first mobile home park investment, the numerous mistakes he made along the way, why he wouldn’t buy that same park again if given the chance, why he’s avoiding private utilities on new purchases, and much, much more. We cover a lot of ground in the show with William and we’re positive that you’ll find a ton of value in the show. Enjoy!
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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Mon, 3 June 2024
Michael is the Managing Partner of Miami-based STAX Real Estate and CEO of Miami-based Re-Up. STAX Real Estate is an industry leading platform for the sale lease back of net lease retail properties. Re-Up is a gas station and convenience store retail operator, focused on elevating the customer experience through the integration of AI-powered technology and design. Re-Up is elevating the way people re-fuel, re-charge, re-fill, re-up, answering a pent-up demand for a modern, clean, and healthy convenience retail experience. Re-Up has 9 stores open and more than 30 in the pipeline, strategically positioned for accessibility and convenience across Florida, Mississippi, and Louisiana. Connect with Michael: https://staxre.com/ Linkedin: https://www.linkedin.com/in/michaelsalafia Highlights: 6:05 - The Clues of a Bad Operator 10:35 - STAX Specialties 23:46 - The Most Stable Properties During Uncertainty 30:28 - Understanding The Business Quote: "Read The Reviews on Google before you invest in a company."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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Fri, 31 May 2024
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 his charity 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 |
Wed, 29 May 2024
MHP #748: Supply and Demand Economics of MHP, Vetting a Sponsor, Long Distance Investing, Off-Market Deal Flow
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:
☑️ 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 |