MHP #936: Choose to Invest Locally Over Logically
Real Estate Investing for Cash Flow with Kevin Bupp
Kevin Bupp
4.8 • 679 Ratings
🗓️ 20 August 2025
⏱️ 7 minutes
🧾️ 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
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| 0:00.0 | Welcome to this week's Mobile Home Park Investing Podcast that will teach you how to successfully invest in and build steady streams of passive income from the highly lucrative niche of mobile home parks. |
| 0:13.1 | With decades of experience, Kevin Bup will personally share with you the valuable lessons he's learned along his journey so that you too can learn how to generate |
| 0:21.3 | cash flow and build legacy wealth for you and your family. |
| 0:25.5 | Now, without further ado, let's welcome your host for today's show, Kevin Bubb. |
| 0:32.0 | Welcome guys and gals to the Mobile Home Park Academy's special series on the 21 biggest mistakes |
| 0:37.2 | new investors make when purchasing |
| 0:38.6 | their first mobile home park and how you can avoid them. |
| 0:41.5 | I'm your host, Kevin Bup, along with my co-host and business partner, Charles D. Hart. |
| 0:45.9 | Charles, tell our listeners about the big mistake we're going to be covering today. |
| 0:49.0 | Sure, Kevin. |
| 0:50.1 | Big mistake number eight is choosing to invest locally over investing logically. |
| 0:55.6 | And this mistake ties back into not self-managing. |
| 0:59.6 | And it's also important because you need to choose your investment area. |
| 1:02.8 | Okay. |
| 1:03.2 | And what does that really mean? |
| 1:04.5 | I mean, are you talking about, you know, just investing in your backyard versus investing, you know, |
| 1:09.8 | a thousand miles away? |
| 1:11.0 | Or kind of hone in a little bit more and tell us a little more what that means. |
| 1:14.4 | Right. I think a lot of people feel very comfortable with where they live. |
| 1:17.8 | And that's usually the first place they start looking when they look to invest in real estate. |
| 1:23.0 | Okay. And what would you suggest not doing that if you're going to invest in mobile home parks? |
| 1:27.3 | Well, one of the advantages of multifamily and then mobile home parks specifically |
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