5 • 1.1K Ratings
🗓️ 25 September 2018
⏱️ 43 minutes
🧾️ Download transcript
In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks.
Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement.
He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them.
HIGHLIGHTS:
[7:22] What is Mike’s background?
[12:50] What did Mike’s first deal look like?
[17:33] Mike shares his story of fixing his first park’s septic issues
[23:03] What did Mike’s 2nd & 3rd MHP deals look like?
[26:20] Mike’s advice on owning rural parks
[28:41] Mike’s biggest mistakes in the MHP business.
[31:20] How to find the right managers to oversee your parks.
[34:12] The importance of Work-Life Balance, and how Mike is able to achieve it
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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 |
0:36.7 | for today's show, Kevin Bupp and Charles D. Hart. |
0:40.7 | Welcome guys and gals to the mobile home Investing weekly podcast. We'll provide all the |
0:44.7 | information that you need to know to successfully locate, negotiate, close on, and make huge |
0:49.6 | profits from the lucrative niche of mobile home park investing. I'm here with Kevin Buppin in today's show we're going to be speaking with real estate investor |
0:56.1 | and entrepreneur Mike Johnson. |
0:58.8 | Mike's main purpose in life is helping motivated people escape the rat race and retire within 12 months, no matter how long |
1:05.1 | or how much money they have now. |
1:07.3 | Through his website and blog, perpetual Saturday.com, Mike shares the details on how to accomplish this and much more. Mike's primary |
1:14.8 | investment vehicle of choice is income property. More specifically mobile home |
1:18.7 | parks as the vehicle to get early retirement. And I want to read a quick blur from Mike's website |
1:24.7 | as it will really help paint a better picture |
1:27.2 | of who Mike is and what he stands for. |
1:29.2 | Okay, so here we go. |
1:30.6 | Financial freedom is heaven. |
1:32.2 | I know this because I live there. No more Mondays. It's |
1:35.0 | perpetual Saturday here on the mountain. No dress code, no boss, no having to be |
... |
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