Cover image of The Mobile Home Park Investing Podcast - Real Estate Investing Niche
(860)

Rank #191 in Investing category

Business
Education
Investing
How To

The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Updated 3 days ago

Rank #191 in Investing category

Business
Education
Investing
How To
Read more

Welcome to thee podcast that will teach you how to successfully invest in and build steady streams of passive income from the highly lucrative niche of Mobile Home Park Investing. Veteran Real Estate Investors Kevin Bupp and Charles DeHart from the Mobile Home Park Academy will personally share with you the valuable lessons they've learned along their journey as Mobile Home Park Investors so that you too can learn how to build massive cash flow and earn and huge profits from this extremely lucrative niche. Our weekly show will be a mixture of self recorded shows where it will be just Charles and I as well as industry expert interviews. Each show will be jam packed with high quality content and none of the fluff that you'll find in other shows. Our #1 Goal is to make you a better Mobile Home Park Investor!We strongly feel that Mobile Home Parks are by far the best Real Estate Investment and offer superior returns to residential fix and flips, apartment investing, multifamily, retail or shopping centers and just about any other type of commercial real estate.If you're looking for high cash on cash returns and an investment vehicle that will outperform just about any other asset class, then Mobile Home Parks might just be for you

Read more

Welcome to thee podcast that will teach you how to successfully invest in and build steady streams of passive income from the highly lucrative niche of Mobile Home Park Investing. Veteran Real Estate Investors Kevin Bupp and Charles DeHart from the Mobile Home Park Academy will personally share with you the valuable lessons they've learned along their journey as Mobile Home Park Investors so that you too can learn how to build massive cash flow and earn and huge profits from this extremely lucrative niche. Our weekly show will be a mixture of self recorded shows where it will be just Charles and I as well as industry expert interviews. Each show will be jam packed with high quality content and none of the fluff that you'll find in other shows. Our #1 Goal is to make you a better Mobile Home Park Investor!We strongly feel that Mobile Home Parks are by far the best Real Estate Investment and offer superior returns to residential fix and flips, apartment investing, multifamily, retail or shopping centers and just about any other type of commercial real estate.If you're looking for high cash on cash returns and an investment vehicle that will outperform just about any other asset class, then Mobile Home Parks might just be for you

iTunes Ratings

860 Ratings
Average Ratings
831
8
8
5
8

Very Informative

By Goo how - Feb 05 2020
Read more
Love this podcast. Very informative and engaging. I highly recommend

Great Podcast

By bengaltiger$ - Feb 03 2020
Read more
These guys know what they’re talking about. Thanks for sharing your wisdom!

iTunes Ratings

860 Ratings
Average Ratings
831
8
8
5
8

Very Informative

By Goo how - Feb 05 2020
Read more
Love this podcast. Very informative and engaging. I highly recommend

Great Podcast

By bengaltiger$ - Feb 03 2020
Read more
These guys know what they’re talking about. Thanks for sharing your wisdom!
Cover image of The Mobile Home Park Investing Podcast - Real Estate Investing Niche

The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Latest release on Oct 08, 2019

The Best Episodes Ranked Using User Listens

Updated by OwlTail 3 days ago

Rank #1: Ep #3: The Step-by-Step Process of Researching & Indentifying Fundamentally Sound Markets to Buy Parks In

Podcast cover
Read more

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I take you through our process for identifying strong markets to buy parks in. We’ll go in depth on what market indicators you should be looking at and add in some of the experiences we’ve had while looking at parks and the markets they are in. A link to the to best places website which we mention in the show can be found in the resources below.

Recommended Resources

  • Click Here to 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
  • Best Places

Jun 14 2016

36mins

Play

Rank #2: Ep #106: Winning the Mobile Home Park & Self Storage Game -- with Matt Ricciardella

Podcast cover
Read more

In this episode of The Mobile Home Park Investing Podcast, Kevin Bupp hops on a call with real estate expert Matt Ricciardella, managing member of Crystal View Capital, a private investment firm with a focus on value add real estate.

Since its inception in 2014, the firm has raised almost $17 million of equity capital and has approximately $60 million in assets under management with a specialized focus on manufactured housing and self-storage asset classes.

Matt also goes into fine detail about recent successful projects and how his company manages all the different asset classes they handle from across the US.

Quotes:

"In my hunt for finding deals that would yield the best cash flow, I kinda came across mobile home parks and self-storage as the key assets that I wanted to focus on since those properties yielded the highest free cash flow out of all commercial real estate classes that I came across and underwrote."


"These opportunities are available to all of us. You've got to dig--especially now you've got to dig even harder--and then you've got to have the wherewithal to recognize that there is that untapped, hidden value."

"Once you've added value and you've maximized that value, it's time to look to exit."

"Through the years, we've been kicked down the street and that's the only way I think we've learned and we've learned from our mistakes and as a result we've implemented some of these strategies that has made us successful managers of mobile home communities."

"The best thing I can tell you is to take action. Go out there, make it happen, start looking at opportunities, get educated."

Discussed in this Episode:

  • Cold calling and working with brokers
  • Discussion on Matt’s deals and opportunities

  • How to handle rent increase pushbacks and exiting deals

  • Pros & Cons of park-owned homes and private utilities
  • Management infrastructure of Crystal View Capital

RESOURCES:

Mar 05 2019

38mins

Play

Rank #3: Ep #76: The Step-by-Step Process to Buying and Operating Your First Mobile Home Park

Podcast cover
Read more

In today’s show we’re going to go through the step-by-step process to completing that life-changing event of buying your very first mobile home park. One small to medium sized park purchased correctly at the right price can be an absolutely life changing event. Towards the end of the show today Charles and I are going to share with you a case study of a smaller park that we own that could easily replace, or even double, the average Americans yearly salary. Based on what we paid for this park it would have easily been in reach for pretty much everyone who listens to this show.

Recommended Resources

Jul 18 2017

55mins

Play

Rank #4: Ep #83: Learn How Todays Guest Bought His First Park at the Young Age of 22 and Then Went on to Start a Successful Modular Home Company – with Joel Camino

Podcast cover
Read more

Joel entered into the mobile home park business at the young age of 22 and encountered his fair share of challenges and struggles with this first investment, including a failing lagoon septic system, abandoned homes, unruly tenants, and the list goes on and on. But even with all these huge obstacles staring him down, he’s been able to work through each and every one of them and turn this first investment into a strong performer.  

Recommended Resources

  • Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
  • Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
  • Accredited Investors Click Here 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

Nov 22 2017

50mins

Play

Rank #5: Ep #5: Case Study of a Park that is Achieving a 60%+ Cash-onCash Return and Has Doubled in Value in Just 6 Months...and the step-by-step process of how we did it.

Podcast cover
Read more

Welcome to the Mobile Home Park Academy pod cast. In this episode, Charles and I take you from start to finish on a deal we recently purchased in Petersburg, VA. We’ll discuss everything from how we found the deal, negotiated it, performed diligence on it, and turned it around. We hope this episode will inspire you on your journey to owning a mobile home park. As good as this deal sounds, there are many more just like it. They are just waiting for someone like you to find them!

Recommended Resources

  • Click Here to 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

Jun 21 2016

46mins

Play

Rank #6: Ep #91: From Zero to a Seven Park Multimillion Dollar Portfolio in Just 1 Year – with Andrew Keel

Podcast cover
Read more

Today we interview mobile home park owner and operator, Andrew Keel.  Andrew is an active MHP investor with 475 lots currently under management. He started out as a Lonnie Dealer, selling individual mobile homes out of several parks throughout central Florida. After graduating to the mobile home park investing scene and buying his first park in June of 2017, he has quickly amassed a 7-park portfolio and plans to grow to 10 total parks before years end. Andrew's strategy involves buying from direct from small Mom and Pop owners and improving management, ultimately increasing NOI.

Click Here to Gain Access to the Newly Revamped Deal Finders Formula

Recommended Resources:

  • Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
  • Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
  • Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
  • Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them www.MobileHomeParkAcademy.com

Aug 24 2018

50mins

Play

Rank #7: Ep #78: Learn How These New Park Investors Went From Zero to 600+ Lots in Just Under 1 Year – with Ian Tudor and Ryan Narus

Podcast cover
Read more

In this episode we’re going to be sharing the stage with two mobile home park investors who are fairly new to the business being that they bought their first park less than 1 year ago but who are absolutely crushing it and have acquired 3 parks to date totaling 652 lots. These two rockstars go by the name Ryan Narus and Ian Tudor and are based out of Charlotte, NC.

Today we’re going to dig deep into their business and learn how they went from struggling new investors to owning a portfolio worth in excess of $13 million in just a few short years.

Recommended Resources

Aug 22 2017

1hr 1min

Play

Rank #8: Ep #57: How to Avoid Purchasing a Park That Is Located in an Area That Has Little to No Demand For Affordable Housing

Podcast cover
Read more

Welcome to the Mobile Home Park Academy podcast. In this episode, 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.”

There is a reason that apartment builders erect their apartments close to population centers. After all, it’s where all the people live! The same should be true for you when you look for a park to buy. We see many “great deals” on parks that are off in the boonies. But are these great deals?

You have to have demand for your product in order to run a successful business. Rural parks simply may not have the same demand as parks that are closer to town. You can fix many things in a mobile home park, but the one thing you can’t fix is your location and your demand. Our program will show you the tried and true methods of figuring out if there is enough demand for your lots.

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

Mar 30 2017

11mins

Play

Rank #9: Ep #95: Building a Life of Financial Freedom Through MHP Investing - Mike Johnson

Podcast cover
Read more

In this episode of the Mobile Home Park Investing Podcast, 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] What is Mike’s background? [12:50] What did Mike’s first deal look like? [17:33] Mike shares his story of fixing his first park’s septic issues [23:03] What did Mike’s 2nd & 3rd MHP deals look like? [26:20] Mike’s advice on owning rural parks [28:41] Mike’s biggest mistakes in the MHP business. [31:20] How to find the right managers to oversee your parks. [34:12] The importance of Work-Life Balance, and how Mike is able to achieve it

Recommended Resources:

Sep 25 2018

43mins

Play

Rank #10: Ep #50: Learn Exactly How This Father and Son Team Have Purchased 3 Mobile Home Parks in Just Two Short Years

Podcast cover
Read more

In todays show, we interview Father and Son mobile home Park investing team, Dan & Steve Warner, 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!

  • Click Here to 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
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More

Feb 28 2017

1hr 7mins

Play

Rank #11: Ep #69: The 10 Most Important Questions to Ask When Buying a Mobile Home Park

Podcast cover
Read more

In today’s show we’re going to be covering the top 10 most important questions that you should be asking when purchasing a mobile home park. And this doesn’t just apply to new investors but even seasoned investors like Charles and myself. Obtaining the answers to these questions will help paint a clear picture of the parks current operations and whether or not it’s something you have an interest in pursuing.

May 23 2017

29mins

Play

Rank #12: Ep #17: A Step-by-Step Guide to Successful Mobile Home Park Management

Podcast cover
Read more

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will be discussing how to successfully manage your mobile home park. Over the last few weeks, we’ve personally been flooded with emails from people who asked questions relating to this topic. Instead of responding to each individually, we decided that it would provide much more value if we take each of your questions about the management and make a show on it.

This is broken down into four basic sections. These will be:

  • The bare minimum of what a manager needs to be able to do
  • Things that a manager can do to potentially get paid more money
  • Things a manager should not be doing
  • How to find a manager for your park

We’ll cover everything from A to Z as it relates to running a successful mobile home park.

Recommended Resources

  • Click Here to 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

Aug 02 2016

1hr 11mins

Play

Rank #13: Ep #61: Purchasing a Park That Has a Large Number of Homes Owned by an Outside 3rd Party Investor and Why This Can Be a HUGE Risk

Podcast cover
Read more

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 16 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”

 One of the great things about owning multifamily real estate is that it is just that, multi-family. On a 100-unit property, losing one tenant is relatively insignificant. What if that one tenant was an investor and they owned 10, 20, or 30 of the units in the park? This is something that we have seen time and time again in the mobile home park industry.

 One might think, on the front end, that it would be nice to only have to collect one big check on those units. You may also like the idea of dealing with less tenants and having someone else handle tenant relations on those units. Where is the problem in this thinking? If this sounds like a nice arrangement, I would also like to pose the following potential problems: 

  • What happens if your investor/tenant doesn’t screen their tenants properly?
  • What happens when your investor/tenant doesn’t like the recent rent raise or having utility costs passed along to them?
  • What happens when your investor/tenant doesn’t maintain their homes?
  • What happens when your investor/tenant moves these homes elsewhere?
  • What happens if your bank has the same concerns?

Having a third party investor in your park is not always a bad thing. It can sometimes be a good thing. However, you need to know how to remain in control of your park and protect your investment. We can show you how to maximize this arrangement and work with these investors properly.

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

Apr 11 2017

15mins

Play

Rank #14: Ep #51: From College Buddies to Mobile Home Park Investors - How They Bought Their First park and The Methods They're Using To Find Their Second Park

Podcast cover
Read more

On today’s show we are going to be sharing the stage with, George Chen and Mark Sue, both are new park investors who just purchased their first 11 space park a few weeks ago in Connecticut. Both George and Mark are avid listeners to our show and originally reached out to Charles and I looking for advice or ideas on sourcing their second mobile home park, which is how we coaxed them to come onto the show.

And so, not only will be pull back the cover on their very first park acquisition and find out all the nitty gritty details, but we’ll also actively discuss ideas on how they should be best spending their time sourcing that second deal.

  • Click Here to 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
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More

Mar 09 2017

1hr 10mins

Play

Rank #15: Ep #60: The Risks Associated with Using an Owners Understated Expenses When Running Your Proforma

Podcast cover
Read more

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 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.

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

Apr 06 2017

12mins

Play

Rank #16: Ep #52: How To Overcome Due Diligence Challenges Plus Critical Feedback From Our Alabama Park Where We're Using the 21st Mortgage Program to Convert Park Owned Rentals Into Resident Owned Units

Podcast cover
Read more

On today’s show we are going to cover a recent trip to a park we’re in contract on in the Buffalo MSA. Like most parks, this deal also has it’s fair share of challenges that we’re working through and so we thought it might be helpful if we share our experiences and how we’re working to overcome these challenges.

 Also, as an added bonus, we’ll be sharing critical feedback from our first-hand experience of selling used park owned homes using the 21st mortgage finance program. This program has proven much more difficult to we originally expected which has created unexpected challenges in converting our park owned home inventory into tenant owned units. This is a must listen if you’re considering purchasing a park with a large number of park owned units.

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

Mar 14 2017

57mins

Play

Rank #17: Ep #46: The Big Mistakes Made on His Very First Park Investment and How He's Changed His Criteria With His Latest Park Acquisitions - with William Noel

Podcast cover
Read more

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

  • Click Here to 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

Jan 31 2017

1hr 26mins

Play

Rank #18: Ep #4: Part 2 of The Biggest Mistake Investors Make When Buying Their First Mobile Home Park...and how to avoid them

Podcast cover
Read more

In this episode, Charles and I will discuss mistake number 2 from our popular eBook, “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them.” This episode will cover why you shouldn’t self-manage your mobile home park. We understand that some owners do so and if you happen to fall into this category, you should still be building in the expense of a manager in your numbers when you go to purchase a mobile home park investment.   Avoiding this mistake can save you a ton of time and allow you to more effectively scale your business.

Recommended Resources

  • Click Here to 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

Jun 16 2016

6mins

Play

Rank #19: Ep #49: How To Overcome the 4 Biggest Challenges to Becoming a Successful Mobile Home Park Investor

Podcast cover
Read more

In todays show, Charles and I 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

  • Click Here to 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

Feb 21 2017

41mins

Play

Rank #20: Ep #75: The 4 Core Competencies That You Must Master in Order to Successfully Operate a Mobile Home Park

Podcast cover
Read more

In this episode 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:

  • Collections
  • Repairs
  • The Rules
  • Expenses

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

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

Jul 12 2017

52mins

Play