MHP #867: A Guide to Choosing the Right Insurance for your Mobile Home Park - Kurt Kelly

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Kevin Bupp

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4.9 • 675 Ratings

🗓️ 5 March 2025

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's episode is from Mobile Home Park #98 that originally aired on Oct. 23, 2018.

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 - Kurt’s Background
12:29 - What is the first biggest mistake when finding insurance?
22:34 - Overinsure?
39:20 - Data Breach & Discrimination coverage?
51:22 - Kurt’s words of wisdom

Recommended Resources:

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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only material that I feel is still relevant today, but there's a chance you might find references that could be outdated
0:20.8	at present, such as website URLs. Thanks for tuning in, and now on to the show.
0:30.4	Welcome to the podcast that will teach you how to successfully invest in and build steady streams
0:36.0	of passive income from the highly lucrative niche of mobile home park investing.
0:41.2	Veteran real estate investors Kevin Bup and Charles D. Hart from Mobile Home Park Academy will personally share with you the valuable lessons they've learned along their journey as mobile home park investors so that you too can learn how to build massive cash flow and huge profits
0:56.8	from this extremely lucrative niche. So without further ado, let's welcome your host for today's show,
1:03.6	Kevin Bup and Charles Dihart. Welcome guys and gals to the mobile home park investing weekly podcast.
1:10.0	We'll provide all the information
1:11.4	that you need to know to successfully locate, negotiate, close on, and make huge profits from the lucrative niche in mobile home park investing.
1:18.0	I'm your host Kevin Boppin. In today's show, we're going to be speaking with Mobile Home Park Insurance expert, Kurt Kelly.
1:23.7	Now, Kirk is the president of mobile insurance, which ensures more mobile home park and retailers than any other agency in the country.
1:30.9	He's an honors graduate from both the University of Colorado and the University of Oklahoma Law School.
1:36.1	Kurt has been a part of mobile insurance since 1996 when it had only five employees.
1:41.8	Kurt's not only proud of the company's steady growth and extraordinary client
1:45.2	retention rate, but also of the nice home and job stability provides for all of Mobile's employees.
1:51.3	Kurt is also the president of expert climate control LLC, a heating and air conditioning company
1:56.0	specializing in multifamily projects and headquartered in Texas. Kurt owns and manages multiple investment
2:02.1	real estate properties as well. His favorite hobbies include regular workday lunches with his wife,
2:07.1	climbing, skiing, motorcycling, target shooting, and reading. So guys, today we're going to cover
2:12.8	the exciting topic of insurance. But more specifically, the ins and outs of properly insuring your
	...

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