How To Avoid Costly Mistakes & Not Lose Money When Purchasing Your First MHP

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

🗓️ 8 October 2019

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode we have the pleasure of speaking with, Kevin Easterly. Attracted to the allure of massive double-digit returns and seemingly can’t lose opportunity, Kevin bought into his first and only park after doing very little due diligence. This proved to be Kevin’s biggest and most costly mistake to date and one that provided him many life lessons that have carried forth in other future successful business ventures. Tune in as we dissect everything that Kevin did wrong with this first deal and how you can avoid making the same mistakes when buying your first park.

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Recommended Resources:

Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
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Get our Free MHP Due Diligence training Video DD.SunriseCapitalInvestors.com
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 MobileHomeParkAcademy.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 for today's show,
0:37.8	Kevin Bup and Charles D. Hart.
0:39.7	Welcome guys and gals 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
0:48.6	make huge profits from the Lucer and that's your mobile home park investing.
0:51.3	I'm your host, Kevinuppin. Today's show
0:52.7	we're going to be speaking with real estate expert and recovering mobile home
0:56.5	park investor Kevin Easterly. Now I actually met Kevin a few months back at a high
1:01.5	level mastermind group I'm a part of and during that
1:04.4	that time we got talking about his I guess you could say his shorts they're not very
1:08.4	sure it's a couple years long but his time as a mobile home park investor and really long story short and I'm going to let him
1:15.1	You'll kind of give his take on it, but it was somewhat disastrous and he did just about everything wrong
1:20.6	And I'm not going to give him too much heck here, but he did just about everything wrong and I'm not going to give him too much heck here but he did just
1:23.0	about everything wrong but that's okay because he learned a lot of lessons from
1:28.1	that experience he's done a lot of other great things throughout his life as far
1:32.2	as real estate investments
1:33.2	and multiple different businesses franchises and such but really the goal
	...

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