Create Cash Flow from Mobile Home Parks with Kevin Bupp
Create Cash Flow from Mobile Home Parks with Kevin Bupp
Create Cash Flow from Mobile Home Parks with Kevin Bupp
#124: Why mobile home parks of all investment vehicles? Guest Kevin Bupp tells us by explaining why they’re so misunderstood and he helps dispel stigmas.
Mobile home park (MHP) residents stay in their home longer because they actually own the mobile home. Therefore, they also take better care of their place. As the investor, you rent the lot to the tenant. This also makes MHPs easier to manage.
Keith brings you today’s show from Bridgetown, Barbados.
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Listen to this week’s show and learn:
03:02 There is a stigma with mobile home parks (MHPs). Here’s how that can actually benefit you.
05:04 Dealing with municipalities.
07:55 Management of MHPs.
10:31 Lack of competition.
14:07 Community aspect.
20:40 Utilities.
25:32 Financing for MHPs. Owner financing is more common than bank financing.
29:02 How do you find a mobile home park for sale?
33:29 Your Return On Time Invested.
37:24 Syndication opportunity.
38:10 Mistakes to avoid.
42:39 In two weeks, Robert Kiyosaki returns here to the show.
Resources Mentioned:
From The Podcast
Get Rich Education
This show has created more financial freedom for busy people like you than nearly any show in the world.Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm show host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can grow your means?Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.Join Podchaser to...
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