MHP #918: Choosing to Invest Locally Over Logically - Mistake #8 from Our Popular Ebook

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9 • 675 Ratings

🗓️ 9 July 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's episode is from Mobile Home Park #16 that originally aired on July 28, 2016.

Charles and I will discuss mistake number 8 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.” One thing we see often is that many investors will choose to look for parks locally for the sole purpose of being near the park. There is nothing wrong with being close to your park, but you definitely don’t need to be. If you find that you live in a market where CAP rates are insanely low or in a market that is going through tough times, you would be much wiser to invest outside of your immediate area.

The business model and management style we teach is effective whether you live across the street from your park or across the country. Don’t put yourself in the position of buying a bad investment just for the sake of being close to it. Proximity does not correlate to success in this business.

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.

Transcript

Click on a timestamp to play from that location

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. Welcome to the podcast
0:27.0	that will teach you how to successfully invest in and build steady streams of passive income
0:32.3	from the highly lucrative niche of mobile home park investing. Veteran real estate investors Kevin
0:38.1	Bup and Charles D. Hart from Mobile Home Park Academy will personally share with you the
0:42.9	valuable lessons they've learned along their journey as mobile home park investors
0:46.8	so that you too can learn how to build massive cash flow and huge profits from this
0:52.5	extremely lucrative niche.
0:54.7	So without further ado, let's welcome your host for today's show, Kevin Bup and Charles
1:00.0	D. Hart.
1:00.8	Welcome guys and gals to the Mobile Home Park Academy's special series on the 21 biggest mistakes
1:06.0	new investors make when purchasing their first mobile home park and how you can avoid them.
1:10.6	I'm your host, Kevin Bup, along with my co-host and business partner, Charles D. Hart.
1:15.0	Charles, tell our listeners about the big mistake we're going to be covering today.
1:18.2	Sure, Kevin. Big mistake number eight is choosing to invest locally over investing logically.
1:24.7	And this mistake ties back into not self-managing. And it's also important because you
1:30.1	choose your investment area. Okay. And what does that really mean? I mean, are you talking about,
1:35.6	you know, just investing in your backyard versus investing, you know, a thousand miles away?
1:40.1	Or kind of hone in a little bit more and tell us a little bit more what that means.
1:43.5	Right. I think a lot of people feel very comfortable with where they live.
	...

Transcript will be available on the free plan in 4 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kevin Bupp, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kevin Bupp and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.