Investing in Mobile Home Parks with Kevin Bupp & Larry Goins
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 Published On Jun 20, 2019

Kevin Bupp is a real estate investor and the host of the Real Estate Investing For Cash Flow Podcast. He is also a serial entrepreneur. Kevin completed his degree in business at a small community college in PA before focusing all his energy into real estate. His expertise ranges from apartment buildings, single-family homes, office buildings, raw land, condos, and by far his most profitable, mobile home parks.

In this episode, Kevin shared his expertise on mobile home park investing.

Topics:

Who Kevin Bupp is
How he got into real estate
Losing and rebuilding his business
Lessons he learned and things he could have done differently
On running mobile home parks through different modelling scenarios
Why he chose mobile home parks
On its diminishing supply
Minimal turnover that exists
Management is less extensive
Can get higher return of investments today
On his model and structure
Downtime equals loss of revenue
Significance of management intensity
Handling delinquency
Average age of a mobile home park
Onsite community managers
On putting deals together
Best ways to find mobile home parks
Why developing your own park is not the best plan

Quotes:

"Take the lesson away from the experience and apply it to your life moving forward."
"Your net worth is your network."
"Good ideas does not care where it comes from.”

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