MHP #783: The 4 Core Competencies That You Must Master in Order to Successfully Operate a Mobile Home Park

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

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4.9 • 675 Ratings

🗓️ 21 August 2024

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is from Mobile Home Park #75 that originally aired on July 11, 2017.

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 book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them

Recommended Resources:

Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Transcript

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0:00.0	Hey guys, Kevin Bup here. Just wanted to make a quick announcement about our Wednesday Mobile Home Park show that you're about to listen to.
0:06.4	These Wednesday episodes are in collaboration with my other podcast, the Mobile Home Park Investing Podcast, many of which were recorded a few years ago.
0:14.1	I've carefully hand-selected only material that I feel is still relevant today, but there's a chance you might find references that could be outdated
0:20.9	at present, such as website URLs. Thanks for tuning in, and now on to the show.
0:27.2	Welcome to this week's Mobile Home Park Investing Podcast that will teach you how to successfully
0:32.1	invest in and build steady streams of passive income from the highly lucrative niche of mobile home parks.
0:38.8	With decades of experience,
0:40.5	Kevin Bup will personally share with you
0:42.3	the valuable lessons he's learned along his journey
0:45.0	so that you too can learn how to generate cash flow
0:48.0	and build legacy wealth for you and your family.
0:51.1	Now, without further ado,
0:53.0	let's welcome your host for today's show, Kevin Bubb.
0:58.6	Welcome, guys and gals to the Mobile Home Park Academy's weekly podcast. We'll provide all the
1:03.0	information that you need to know to successfully locate, negotiate, close on, and make
1:07.6	huge profits from the lucrative niche of mobile home park investing.
1:14.7	I'm Rose Kevin Buppelon with my co-host and business partner, Charles D. Hart.
1:17.9	Charles, what's the word, man? How you doing, bud?
1:21.2	I'm doing good, man. Do we say the bird is the word?
1:24.3	No, I think that was like 30 episodes ago, man.
1:27.5	I used to remember it, so. Yep, yep.
1:28.6	So what's new, man?
	...

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