#303: Asset Classes, Downticks, COVID Impacts, and More! -with Ajay and Manu Gupta

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9 • 675 Ratings

🗓️ 29 December 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ajay and Manu Gupta are the CEOs and managing directors of Indus Communities.

Indus was founded on a simple, yet powerful idea: to transform neighborhoods and lives. Since 2002 their team has been committed to making neighborhoods stronger and safer by revitalizing communities in the greater Houston area. As a family-owned business, we have made a conscious choice to pay our success forward by helping our residents who live in our properties along with their family and friends. This philosophy also extends to our employees who proudly own 25% of the business.

Quotes:

“We’re closing on a 400-unit property, 396 exactly. It’s a great opportunity. We actually looked at this property in March and had it under LOI and not because of the Corona Virus, but because of property taxes here. Their property taxes tripled this year, so the underwriters couldn’t underwrite it anymore so we had to drop it and things got mitigated and things got better, so we got the deal. So, there is some action out there, and we think in the next 6 months it will improve and there will be more transactions.”

“Don’t stretch yourself too thin. Invest only what you can invest. Don’t re-mortgage the house, don’t take out a second loan. Sometimes you see that investment and it looks great, but you have to be careful because at the end of the day you have to make sure that you're comfortable and safe in your financial planning.”

Highlights:

4:47- Ajay and Manu tells us about themselves and their backgrounds

9:19- Ajay and Manu tell us what asset class they typically buy

13:43- Ajay and Manu share if they saw a downtick after stimulus checks ran out

18:54- Ajay and Manu explain how their business has changed on the acquisition side of things

23:06- Ajay and Manu give a prediction on how the commercial market will fair through COVID in Houston

Guest Website:

https://www.induscommunities.com/

Learn About Investment and Partnership Opportunities with Kevin and His Team

Transcript

Click on a timestamp to play from that location

0:00.0	You've been searching for the best way to generate passive income in your life
0:06.6	and heard that real estate is a great way to do it.
0:09.5	But you're tired of all the so-called gurus who are all talk and no substance.
0:15.3	Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen. This is the Real Estate
0:22.9	Investing for Cash Flow podcast. Now, here's Kevin Bup. Hey guys, Kevin Bup here, and I want to welcome
0:33.2	you to another episode of the Real Estate Investing for Cashflow podcast. Our mission is to help you build
0:38.8	and maintain massive amounts of cash flow through income producing real estate investments.
0:44.3	And our guest for this week's show is CEO and managing director of Indus communities, AJ and
0:49.0	Manu Gupta. Indus was founded on a simple yet powerful idea to transform in neighborhoods and lives. Since 2002,
0:57.0	their team has been committed to making neighborhoods stronger and safer by revitalizing communities
1:01.3	in the greater Houston area. Now, as a family-owned business, they have made a conscious choice
1:06.7	to pay for their success forward by helping their residents who live in their properties along
1:11.4	the way with their family and friends. Now, this philosophy also extends to their employees who
1:15.8	probably own 25% of their business. And that's something that hopefully will be touching on
1:19.5	today as well. And so, guys, I'm excited to introduce AJ and Manu to the show. But before we dive
1:24.5	into it, just have a few quick housekeeping items to run through first
1:28.0	and foremost as i've mentioned here over the last couple of weeks are a third a mobile home park
1:32.8	investment fund just went live a couple weeks ago and have had a lot of interest uh a lot of pent-up demand
1:38.9	i think because uh we have not had a offering come out now for for nearly two years and so it's
1:43.6	been quite a quite a number of
1:45.4	months. And so lots of pent up demand to get into the mobile home park space. And so it's just
1:49.2	excited to be able to announce that to you guys. And just some for some additional context, this is a
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kevin Bupp, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kevin Bupp and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.