Ep #19: How to Successfully Turnaround a Distressed Mobile Home Park
The Mobile Home Park Investing Podcast - Real Estate Investing Niche
Kevin Bupp
4.9 • 1.1K Ratings
🗓️ 9 August 2016
⏱️ 49 minutes
🧾️ Download transcript
Summary
Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will be discussing how to successfully turnaround and reposition a distressed mobile home park. Buying a turnaround park isn't for everyone, but if executed properly, your efforts should reward you handsomely in both substantial returns on your investment as well as huge amounts of built in equity and cash flow. But on the flipside, buying the wrong distressed park might potentially lead you into a downward tailspin, which will inevitably lead you to a financial loss. Our goal is to educate you so that you only buy the distressed parks that make sense.
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
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. |
| 0:15.0 | Veteran real estate investors Kevin Bupp and Charles D. Hart from Mobile Home Park Academy |
| 0:20.0 | 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 for today's show, |
| 0:37.8 | Kevin Bup and Charles D. Hart. |
| 0:39.8 | Welcome guys and gals to the Mobile Home Park Academy's |
| 0:42.4 | weekly podcast, where |
| 0:43.6 | will provide all the information that you need to know to successfully locate, |
| 0:47.2 | negotiate, close on, and make huge profits from the lucrative niche of mobile home |
| 0:51.5 | park investing. |
| 0:52.6 | I'm your host Kevin Bupp, along with my co-host and business partner, Charles D. Hart. |
| 0:57.5 | Charles, I'm going to ask you one more time. |
| 0:59.6 | What's the word? |
| 1:00.6 | Yeah, the bird's the word. |
| 1:01.6 | All right, you got it, man, you got it. How you doing today, buddy? |
| 1:04.4 | I'm doing good. How are you? |
| 1:05.9 | Good man. Looking forward to chat with you today about turning around parks, man, |
| 1:10.0 | because we've done a couple of them so far and we just got actually we just got |
| 1:14.0 | deep into the trenches of doing one and so today's show that Charles are actually |
| 1:18.3 | will be discussing the actual specifics of what it takes to effectively turn around a distressed mobile home park so that you can |
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