Ep #98: A Guide to Choosing the Right Insurance for your Mobile Home Park -- with Kurt Kelly

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

🗓️ 23 October 2018

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Kurt Kelly; Mobile Home Insurance Expert based in Texas.

Often times, insuring your investment property will not come through a large insurance house like State Farm. There are many special cases mobile home park owners will need to account for in order to ensure all bases are covered.

Kurt goes through the list of 10 major pitfalls park owners face when choosing insurance, and how to deal with them.

HIGHLIGHTS:

[7:07] What is Kurt’s background?
[12:29] What is the first biggest mistake park owners make when finding insurance?
[22:34] Is there a point where you can actually overinsure?
[39:20] What is Data Breach and Discrimination coverage?
[51:22] Kurt’s final words of wisdom

RESOURCES:

Recommended Resources:

View Career Opportunities at Sunrise Capital by visiting Careers.SunriseCapitalInvestors.com
Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Click Here to Grab a copy
Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
Visit mobileagency.com

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
0:36.7	for today's show, Kevin Bupp and Charles D.hart.
0:41.0	Welcome guys and guys to the Mobile Home Park Investing weekly podcast.
0:44.4	We'll provide all the information that you need to know to successfully locate, negotiate,
0:48.7	close on, and make huge profits from the lucrative niche of mobile home park investing.
0:52.1	I'm your host, Kevin Bopin, in today's show we're going to be speaking with mobile
0:55.4	home park insurance expert, Kirk Kelly.
0:58.0	Now Kirk is a president of mobile insurance, which ensures more mobile home park and
1:02.1	retailers than any other agency in the country.
1:05.3	He's an honor's graduate from both the University of Colorado and the University of Oklahoma
1:09.1	law school.
1:10.5	Kurt has been a part of mobile insurance since 1996 when it had only five employees.
1:16.0	Kurt's not only proud of the company's steady growth and extraordinary client retention rate,
1:20.0	but also of the nice home and job stability provides for all of Mobile's employees.
1:24.7	Kurt is also the president of Expert Climate Control LLC, a heating and
1:29.3	air conditioning company specializing in multifamily projects and headquartered in Texas.
1:34.7	Kurt owns and manages multiple investment real estate properties as well.
	...

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