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The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Ep #102: The Resident Owned Community Exit -- with Paul Bradley

The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Kevin Bupp

Passiveincome, Business, Mobilehomepark, Cashflow, Syndication, Investing, Realestate, Mobilehomeparkinvesting, Kevinbupp, Realestateinvesting

5 • 1.1K Ratings

🗓️ 15 January 2019

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of The Mobile Home Park Investing Podcast, Kevin shares the mic with Paul Bradley, founder of ROC USA.

Paul started ROC USA to solve a big problem for homeowners living in mobile home communities. Traditionally, individual homeowners wouldn't be able to secure financing to purchase and collectively own the communities they live in.

With the help of Paul's nonprofit however, ROC USA helps residents form a co-op structure, secure funding from vetted sources, and provide leadership training and support to help co-op leaders effectively run their communities.

Enjoy this episode as Paul discusses the resilience of Resident-Owned Communities, and how ROC USA can provide a structure that allows an exit strategy for the private community owner.

HIGHLIGHTS:

[1:53] Paul's Background
[8:59] What was Paul's first Co-Op Deal like?
[12:37] When is it in the best interest of a Co-Op to revert back to private ownership of their community?
[16:00] Who is the seller to a Co-Op?
[28:03] Closing Thoughts.

RESOURCES:

Transcript

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0:00.0

Welcome to the podcast that will teach you how to successfully invest in and build steady

0:09.8

streams of passive income from the highly lucrative niche of mobile home park investing.

0:15.3

Veteran real estate investors Kevin Bupp and Charles D. Hart from Mobile Home Park Academy

0:20.4

will personally share with you the valuable lessons they've learned along their journey as mobile home park investors

0:25.8

so that you too can learn how to build massive cash flow and huge profits from this extremely lucrative niche.

0:33.6

So without further ado, let's welcome your hosts

0:36.7

for today's show, Kevin Bupp and Charles D.hart.

0:41.2

Welcome guys and gals to the Mobile Home Park Investing Weekly Podcast.

0:45.0

We will provide all the information that you need to know to successfully locate, negotiate, close

0:49.7

on, and make huge profits from the lucrative niche of mobile home parking

0:52.7

vests. I'm your host Kevin Bob and in today's show we're going to be speaking

0:56.0

with founder and president of Rock USA, Paul Bradley. Rock USA LLC is a

1:01.7

nonprofit social venture that makes resident ownership of manufactured home communities viable and successful nationwide.

1:09.0

Rock USA operates through a network of nine nonprofit technical assistance providers and a subsidiary,

1:15.8

CDFI, Rock, USA Capital.

1:18.8

These network affiliates have preserved over 14,500 affordable homes in 224 communities in 15 states.

1:26.4

Rock USA Capital has delivered more than $200 million of financing since 2009.

1:32.3

Now guys, I'm very much looking forward to having Paul here on the show

1:35.5

today so that we can better understand the significant value that he and his

1:39.9

organization bring to our industry and so without further do I like to go ahead and

1:44.4

welcome Paul Bradley to the show. Paul how you doing today my friend?

1:47.6

I'm doing great Kevin good to be with you. Yes thanks for joining us here and so first

...

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