MHP #936: Choose to Invest Locally Over Logically
Real Estate Investing for Cash Flow with Kevin Bupp
Release Date: 08/20/2025
Real Estate Investing for Cash Flow with Kevin Bupp
Today's episode is from Mobile Home Park #16 that originally aired on July 28, 2016. Charles and I will discuss mistake number 8 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” One thing we see often is that many investors will choose to look for parks locally for the sole purpose of being near the park. There is nothing wrong with being close to your park, but you definitely don’t need to be. If you find that you live in a market where CAP rates are insanely low or in a market that is going through...
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Gary Lipsky is the president of Break of Day Capital, an investment firm that specializes in multi-family real estate in Arizona. Gary brings a 20+ year track record in the real estate space and has completed more than $300M of transactions over his career. Gary is also the host of the Real Estate Investor Podcast, where he interviews industry experts to provide broad range education to investors. He is also the best-selling author of Best in Class, founder of the Asset Management Summit, and a guest speaker featured at many prominent conferences. Connect with Gary: Highlights: 02:55...
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Today's Flash Back Friday episode is from #747 that originally aired on May 27, 2024. Lee got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years. After being inspired by his clients’ successes, he decided to start investing in 2016. Relocating to St. Louis in order to pursue investing in 2017, Lee began with a duplex and continued to purchase smaller properties until he found “The Power Of Partnerships” by partnering withan ex-NFL player from CA and with their combined efforts, were able to...
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Today's episode is from Mobile Home Park that originally aired on Oct. 4, 2016. Charles and Kevin discuss how to add rocket fuel to your advertising efforts and absolutely dominate craigslist. Their strategy will show you how to hire and train a Virtual Assistant to post continuous ads for your available homes and lots, thus creating an endless supply of prospective residents. This is a must for any mobile home park operator who has either available homes or lots within their community. Recommended Resources: Accredited Investors, you’re invited to to learn how you can partner...
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Bob Fraser is the co-founder and CEO of Aspen Funds, an investment firm offering alternative investments ranging from private equity, mortgage notes, oil & gas, and industrial. Bob is responsible for financial management, portfolio modeling, as well as systems and processes. Additionally, Bob is the co-host of the Invest Like a Billionaire podcast where he dives into the world of alternative investments and speaks with successful investors. On his show, he also discusses economic trends, including mega trends such as inflation, energy prices and deglobalization. His goal is simple, it's to...
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Today's Flashback Friday episode is from #722 thats originally aired on March 25, 2024. Darin Davis is an industry leader, real estate entrepreneur, and founder of Club Capital and brings over two decades of industry leadership and more than $1bn of sponsored real estate projects. He excels in navigating market shifts and guiding investors to exceptional returns, even in times of uncertainty like we’re facing today. Aside from his real estate endeavors and in partnership with his two children, he launched The Never Quit Initiative, which is a 501(c)(3) non-profit organization. The Never Quit...
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Today's episode is from Mobile Home Park #27 that origianlly aired on Sep. 27 2016. Our experience in a park we own in Raeford, NC. We recently acquired this park and quickly realized that both the on-site management and maintenance staff needed to be replaced ASAP! We discuss how we quickly identified the challenges associated with their poor performance and how we handled the transition with a completely new management team. This is a common scenario you will experience when purchasing turnaround or distressed mobile home parks and so we thought you might learn from our personal...
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Dan Haberhosk is the founder and CEO of Front Range Land and Mason McDonald Founder of Colorado Land Acquisition services and both of which are investment firms that focus on raw land investments. This runs the gamut of in fill plots of land in suburban areas, rural tracts, ranches, land development and much more. While Dan and Mason run their own independent investment firms, they co-own a lending company that specializes in lending on raw land. For that, I thought it would be fun to have them both join the show. Dan Haberkost Instagram: Mason McDonald Instagram: 🎙️ The Big...
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Today's Flash Back Friday episode is form #705 that originally aired on Feb 12 2024. Sean is owner of Bold Estimation, one of the largest out sourced construction estimation companies in the United States with nearly 100 employees. In addition to his estimation firm, Sean also specializes in building affordable housing out of shipping containers. His own personal residence is a 5,000 sq ft home that utilizes six shipping containers as the basis of the design. With this unique construction method, he’s been able to build affordable housing communities with costs as low as $75/sq ft all-in....
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Today's episode is from Mobile Home Park #22 that originally aired on Aug 23 2016. The specifics on how to successfully determine market demand while performing your pre-purchase due diligence. After all, the last thing you want to do is purchase a park in a market that has little to no demand for your product. Our step-by-step process of using both craigslist and bandit signs to prove the overall demand for the park you’re purchasing. We will also share some tips and strategies on how to turbo boost your marketing efforts once you close on your acquisition to ensure maximum exposure. ...
info_outlineToday's episode is from Mobile Home Park #16 that originally aired on July 28, 2016.
Charles and I will discuss mistake number 8 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” One thing we see often is that many investors will choose to look for parks locally for the sole purpose of being near the park. There is nothing wrong with being close to your park, but you definitely don’t need to be. If you find that you live in a market where CAP rates are insanely low or in a market that is going through tough times, you would be much wiser to invest outside of your immediate area.
The business model and management style we teach is effective whether you live across the street from your park or across the country. Don’t put yourself in the position of buying a bad investment just for the sake of being close to it. Proximity does not correlate to success in this business.
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.