Ep #75: The 4 Core Competencies That You Must Master in Order to Successfully Operate a Mobile Home Park

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

🗓️ 12 July 2017

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode Charles and I dive deep into the operational side of the business by discussing in detail the four main core components that one must master to successfully operate a park to it’s fullest potential.

Operating a mobile home park can essentially be boiled down to managing these four things:

Collections
Repairs
The Rules
Expenses

Listen in as we share our real-life experiences and teach you the proper way to run a park.

You can also watch the video version of this show by clicking on this link

Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.

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
0:36.6	for today's show, Kevin Bupp and Charles D.
0:39.2	Welcome guys to get out to the Mobile Home Park Academy's weekly podcast will provide all the
0:43.9	information that you need to know to successfully locate, negotiate, close on and
0:48.3	make huge profits from the lucrative niche of mobile home park investing. I'm
0:52.0	Marys Kevin Bupp along with my co-host and
0:53.8	business partner Charles D. Hart. Charles, what's the word man? How you doing
0:58.5	bud? I'm doing good man. Yeah, we say the bird is a word? No, I think that was like 30 episodes ago man.
1:05.0	I used to remember it, so.
1:08.0	Yeah, yep.
1:09.0	So what's new, man?
1:10.0	I've been kind of busy for the past week and half, same as you.
1:12.8	We've got a whole bunch of stuff going on in our business.
1:14.9	And I just got back from a trip up to Pennsylvania and Maryland,
1:19.2	kind of a dual purpose trip.
1:20.4	We've got three parks that we're working on to Maryland and one in Pennsylvania and
1:25.1	I've actually got family in Pennsylvania so it was kind of a dual purpose trip but it was kind of fun to go,
	...

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