Ep #112: Learn How To Create REAL Passive Cash Flow by Investing in Parking Lots – with John Roy

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

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4.9 • 675 Ratings

🗓️ 9 May 2016

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our guest for this week’s show is Commercial Real Estate and Parking Lot Expert, John Roy.

In today’s discussion with John, we’re going to discuss the little known niche of parking lot investing. John is one of the foremost experts in the industry and spends time on both the investment side by personally owning parking lots as well as running a full service brokerage that solely specializes on parking lot sales.

My time spent with John was very enlightening, as I knew little to nothing about the parking business prior to our call together. If you’re like me, then you’re always open to learning about new investment methods that can provide you diversification and long-term cash flow and wealth creation. Well, you’re in luck because that’s exactly what you’re going to learn about in today's show.

In this show with John you’re going to learn:

How John got his start in the parking lot business and how purchasing a few dilapidated homes near the Notre Dame football stadium has spawned into a full blown multi-million dollar business for him.
What the air rights of a property are and why these can typically be much more valuable than keeping the parking lot as an ordinary income property.
The step-by-step process of getting into parking lot investments.
Why parking lots make for low maintenance investments in comparison to other commercial investments like apartments, office, retail, etc.
The value-add components to look for when seeking out a parking lot investment.
How to properly underwrite a parking lot investment when there are no financials available which is a quite common scenario when dealing with small-scale parking lot owners/operators.
How automation is changing the parking lot industry and how these changes are having a positive impact on the industry as a whole.
What type of financing is available on parking lots and how to obtain bank financing even when you’re buying a parking lot that doesn’t have accurate financial statements available.
How to utilize out-of-the-box strategies to find opportunities, even in today’s competitive environment.
And much more

Recommended Resources

Download my free success guide, “7 habits of highly successful multi-family investors” by going to KevinBupp.com/guide
Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/KT36S

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 and heard that real estate is a great way to do it.
0:09.4	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 Buck has spent 14 years successfully making it happen.
0:21.8	This is the Real Estate Investing for Cash Flow podcast.
0:25.2	Now, here's Kevin Buck.
0:30.0	Hey guys, Kevin Bup here, episode number 112 of the Real Estate Investing for Cash Flow podcast.
0:36.4	Our mission is to help you build and maintain massive amounts of cash flow through
0:40.2	income producing real estate investments.
0:42.9	Our guests for this week's show is commercial real estate and parking lot expert,
0:47.1	John Roy.
0:48.3	And in today's discussion with John, we're going to talk about the little-known niche
0:51.9	of parking lot investing.
0:54.0	John is one of the foremost
0:55.0	experts in the industry and spends time both on the investment side by personally owning parking
0:59.9	lots, as well as running a full-service brokerage firm that solely specializes on parking lot sales.
1:06.3	And my time with John was very enlightening, as I knew literally nothing about the parking lot business prior to
1:11.8	our call together. And if you're like me, then you're always open to learning about new investment
1:16.6	methods that can provide you diversification and long-term cash flow and wealth creation. Because
1:22.0	at the end of the day, it really is all about cash flow and wealth creation, right? Well,
1:27.2	you're in luck because that's exactly what
1:28.8	we're going to be talking about in today's show with John. And in this show with John, you're going to
1:32.3	learn the following. You're going to learn how John got his start in the parking lot business
	...

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