MHP #870: Avoid Purchasing a Park Located in an Area That Has Little to No Demand For Affordable Housing

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

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4.9 • 675 Ratings

🗓️ 12 March 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is from Mobile Home Park #57 that originally aired on March 30, 2017.

Charles and I will discuss mistake number 10 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”

There is a reason that apartment builders erect their apartments close to population centers. After all, it’s where all the people live! The same should be true for you when you look for a park to buy. We see many “great deals” on parks that are off in the boonies. But are these great deals?

You have to have demand for your product in order to run a successful business. Rural parks simply may not have the same demand as parks that are closer to town. You can fix many things in a mobile home park, but the one thing you can’t fix is your location and your demand. Our program will show you the tried and true methods of figuring out if there is enough demand for your lots.

Recommended Resources:

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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.

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only material that I feel is still relevant today, but there's a chance you might find references that could be outdated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.
0:30.3	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
0:40.7	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
0:51.5	so that you too can learn how to build massive cash flow and huge
0:56.3	profits from this extremely lucrative niche. So without further ado, let's welcome your
1:02.0	host for today's show, Kevin Bup and Charles D. Hart. Welcome guys and gals to the Mobile Home
1:06.9	Park Academy's weekly podcast. I'm your host Kevin Kevin Bob, and just in case you're tuning in
1:11.5	for the very first time, I want to let you know that today's episode is a little different from our
1:16.2	normal weekly show. But don't you worry, I'm still 100% positive that you'll find a ton of value
1:22.1	if mobile home park investing is what you came here to learn about. You see, many, many, many, many, many, many months ago,
1:29.5	actually a little bit more than a year and a half ago, to be exact, Charles and I, we created
1:33.6	21 special release episodes showcasing the 21 biggest mistakes that we see new investors make
1:40.2	when entering into the mobile home park business. And our original intent was to release one
1:44.6	episode per week in addition to our normal weekly segment. But sadly, we got sidetracked and we
1:50.6	only ever released the first seven shows. In fact, you can actually go back and listen to
1:55.1	these first seven mistakes by going and listening to episodes number two, four, six, eight,
2:00.7	10, 12, and 14 on our podcast.
2:03.0	And I would actually suggest that you do that if you haven't done so already.
	...

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