Mobile Homes & Parking Lots: Successful Investing in Two Underrated Assets w/ Kevin Bupp
Apartment Investor's Club Podcast
Release Date: 05/31/2023
Apartment Investor's Club Podcast
📌Check out David’s free e-book David Kamara, founder and CEO of , is a real estate investor based in Michigan, with a passion for creating passive income through apartment investing. With a background in management consulting and programming, David has always been driven to find a better quality of life for himself and his family. His journey into real estate began with buying rental properties and quickly evolved into scaling up to apartment complexes. Today, David and his team manage over 1200 units in the Midwest, primarily in Michigan. His expertise and experience in the industry...
info_outlineApartment Investor's Club Podcast
📌Feras Moussa is one of the founders of Disrupt Equity, a real estate company that leverages technology to bring efficiency and effectiveness to the industry. With a background in software and experience working at Microsoft, Feras saw the opportunity to disrupt the traditional real estate market and has since built an impressive business. His company has already crossed the $800 million mark in acquisitions and is on track to reach a billion by the end of the year. Feras and his team not only focus on sourcing deals and raising capital but also have an in-house management company and...
info_outlineApartment Investor's Club Podcast
📌If you're feeling frustrated with high tenant turnover rates and declining profitability, despite your efforts to attract and retain tenants, then you are not alone! Maybe you've been focusing on amenities and pricing, but overlooking the importance of effective design in your multifamily properties. Instead of the desired result of increased tenant satisfaction and higher profitability, you may be experiencing constant vacancies and stagnant rental income. It's time to recognize the significance of design in multifamily investing and take the necessary steps to enhance your property's...
info_outlineApartment Investor's Club Podcast
📌Do you want to achieve consistent and long-term growth in your real estate investments while enjoying stable cash flow? Are you searching for a solution that can help you attain these desired results? Look no further! Our guest, Bobby Larsen, will be sharing his expertise on real estate investment strategies in the Pacific Northwest that can help you achieve your financial goals. Learn how to unlock the potential of the real estate market and discover the key to obtaining steady returns and sustainable growth, even in a distressed market. In this episode: 👉investment strategies...
info_outlineApartment Investor's Club Podcast
📌 Check out Derek’s free PDF If you're feeling frustrated and overwhelmed with your real estate investing business because your current remote work and business management processes are not delivering the desired results, then you are not alone! Perhaps you find yourself constantly juggling multiple tasks and struggling to stay organized, leading to missed opportunities and inefficiencies. Or maybe you're facing challenges in effectively communicating and collaborating with your team remotely, hindering productivity and growth. Fortunately, in this episode, we dive deep into...
info_outlineApartment Investor's Club Podcast
Whitney Hill, a leading expert in the ADU (Accessory Dwelling Unit) industry, reveals the secrets to scaling a business in this booming market. From building a website for lead generation to implementing efficient project management systems, Hill's strategies have catapulted her company to new heights. But just as success seems within reach, a sudden twist threatens to derail everything. Find out what happens next in this suspenseful journey through the world of ADU real estate. Whitney is an experienced professional in the field of Accessory Dwelling Units and holds the position of co-owner...
info_outlineApartment Investor's Club Podcast
Chad is one of five Managing Partners of Quattro Capital, leader of the Acquisitions team and the host of the #RealEstateRunway Podcast. Chad is a “recovering engineer” who spent most of his profession in corporate America in spaceflight with NASA and aircraft with GE before following his passion as a real estate investor. He is an “old soul” and a genuine “family man” passionate about building a time quality lifestyle and quality communities for residents. In this episode: 👉making a career switch from engineering to multifamily real estate 👉keys to raising investor...
info_outlineApartment Investor's Club Podcast
Jonathan Wei is a full-time real estate investor with a background in tax accounting. After realising his passion for real estate, Jonathan made the leap to leave his corporate career and focus on building a legacy and creating wealth through multifamily and self-storage investments. He has successfully syndicated several deals, ranging from smaller multifamily properties to self-storage facilities, and has built a strong network of investors through networking events and speaking engagements. Jonathan's expertise in raising capital and his commitment to providing passive income...
info_outlineApartment Investor's Club Podcast
Zamir Kazi is a real estate maverick who has defied the odds and achieved extraordinary success in the industry. From his first investment in a rundown $20,000 Duplex, Zamir has skyrocketed his portfolio to an astounding 10,000 units in just a decade. With a laser focus on value-add core plus properties in the sun-soaked states of the sunbelt, Zamir has strategically expanded his presence across eight states, with Florida being the heart of his operations. Leading a team of 25 dedicated professionals spread across Los Angeles, Florida, and Texas, Zamir's headquarters may be in Tampa, but his...
info_outlineApartment Investor's Club Podcast
My special guest is As a veteran banker with experience spanning over 18 years, he has developed an insightful perspective on the symbiotic relationship between the banking industry and real estate. Sam can articulate industry jargon in a way that makes it meaningful for his listeners, making his conversations as enlightening as they are engaging. Before turning to real estate, he held key roles within community banks and even kick-started his own. A dynamic leader, Sam is now the CEO of Sunset Capital, bringing his bank-side understanding to identify and manage assets across apartment and...
info_outlineFrom a chance encounter with a retired banker, Kevin Bupp stumbled upon an unexpected investment opportunity in mobile home parks and parking lots. But what happened next was a twist that no one saw coming. What was it and how did Kevin overcome it? Find out in this gripping transcript.
“I realised that there was a better way...Mobile home parks have a lot of similarities in multifamily properties. It's a different type of vehicle - literally!”
In this episode, you will be able to:
👉Discover the financial perks and challenges tied to mobile home park investments, along with their potential for growth.
👉Uncover the need for affordable housing options to meet the growing demands of service workers.
👉Learn how to recognize prime locations and enlist professional management for parking garage investments.
👉Realise the importance of education and networking in the pursuit of successful real estate investment ventures.
About Kevin Bupp
Kevin holds the keys to successful real estate investment. With over two decades of
experience, Kevin educates investors on how to locate, acquire, and create “higher than average” returns through commercial real estate investing. He shares his expertise through one of the longest-running Commercial Real Estate Investing Podcast, "Real Estate Investing for Cashflow" which has been downloaded millions of times by listeners in over 190 countries.
Kevin is a principal & founder of Sunrise Capital Investors, a boutique real estate private equity firm that specialises in niche commercial real estate investments.
In addition to his Real Estate endeavours, Kevin is passionate about giving back and is actively involved in multiple charitable organisations.
Some key points:
(01:53) Mobile home investing hasn't always been a respectable business
(06:36) Making the first mobile home deal in the early 2010s
(10:28) Kevin's business model: own the pads, not the homes themselves
(14:07) Renting out vs selling mobile homes
(16:03) Do people decide to just pack up and take their mobile homes on the road?
(16:57) How to evaluate mobile home assets
(19:08) Many mobile park assets are behind the market for two reasons
(21:00) The biggest CapEX cost for mobile home plots is infrastructure
(23:01) The cost of renovating an out of shape mobile home plot
(25:53) The ROI on renovating a typical mobile home plot
(26:46) Mobile home parks and the effect of the rising interest rates
(28:39) Mobile home supply is shrinking. Is manufactured housing the answer to the affordability crisis?
(35:04) Parking garages as an investment: it's a cash-flow and covered land play
(37:58) Operating parking lots is very simple in terms of meintenance and services
(44:33) Parking lots often have higher potential as redevelopment assets
(45:20) Kevin's new book and closing thoughts
🌎Reach out to Kevin Bupp
Website https://kevinbupp.com/
LinkedIN https://www.linkedin.com/in/kevinbupp
Instagram https://www.instagram.com/buppkevin/?hl=en
Real Estate Investing for Cash Flow with Kevin Bupp
🌎Reach out to JonathanTwombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly
Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.
Make sure to also check some of our previous episodes:
Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton
Hotel Conversions To Multi Family Housing With David Peters
🎤 Podcast production EZPZ Productions