Ep #47: Flipping Mobile Home Parks for HUGE Profits - an Interview with Clinton Grim

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

🗓️ 7 February 2017

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In todays show, we interview Mobile Home Park investor, Clinton Grim. We’ll discuss Clint’s strategy for success and why he prefers to “flip” mobile home parks versus holding them for long-term cash flow. In fact, we’ll discuss a deal that we actually passed on a few years back that Clint ended up buying, which he just sold for a $600,000 profit. 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

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 Bupp and Charles D. Hart.
0:39.6	Welcome guys and gals to the Mobile Home Park Academy's weekly podcast will provide all the information
0:43.8	that you need to know to successfully locate, negotiate, close on, and make huge profits from
0:48.3	the lucrative niche of mobile home park investing.
0:50.4	I'm your host, Kevin Bupp, and today I'm'm actually rolling solo Charles is he's tied up with something I don't know what it is but he's type with something so I'm going to be rolling solo today and on today's show we're going to be sharing the stage with Clinton Grimm he's a park investor who's been in the business for
1:04.2	over 17 years now and so the interesting thing about Clinton is that he
1:09.4	purchased the park that I had looked at many years ago and just happens to be the one park that I still kick myself in the butt for for not purchasing and at that time I was just getting started in business I was very naive
1:20.6	Had a lot of real estate experience, but just naive as a
1:23.7	park investor and I didn't know how good of terms that had negotiated with the
1:27.5	seller and I ended up getting cold feet and I backed out the deal. Well Clint
1:31.1	came along and bought that deal and so today we're going to be speaking with
1:34.2	Clint about that park as well as his other involvement in the park business and just really
1:39.2	dig into his business so that we can potentially walk away from the show as Smarter Park investors.
1:44.3	Before we introduce Clinton to the show, I'd like to run through just a quick, a few quick housekeeping
1:49.6	items. The first one here is we've got some partnership opportunities.
1:53.1	We've got currently as of today as of this recorded. We've got five parks under
	...

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