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The Mobile Home Park Investing Podcast - Real Estate Investing Niche

Mobile Home Parks are the ultimate Real Estate Investing Vehicle and the opportunity is ripe for those willing to educate themselves in this niche. This podcast will teach you how to successfully invest in and build steady streams of passive income from the highly lucrative niche of Mobile Home Park Investing. Veteran Real Estate Investor, Kevin Bupp, from the Mobile Home Park Academy and Sunrise Capital Investors, will personally share with you the valuable lessons he's learned along his journey as a Mobile Home Park Investor so that you too can learn how to build massive cash flow and earn huge profits from this extremely lucrative niche. Our weekly show will be a mixture of self recorded shows with Kevin as well as industry expert interviews. Each show will be jam packed with high quality content and none of the fluff that you'll find in other shows. Our #1 Goal is to make you a better Mobile Home Park Investor!
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The Mobile Home Park Investing Podcast - Real Estate Investing Niche
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Apr 18, 2017

Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 18 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”

 One extremely common mistake that new investors find themselves making is that they don’t have enough capital to operate their assets after they buy them. Think of the following scenario. You are an investor who has $100,000 to invest. With this money, you conclude that the bank will match your down payment 4 to 1 and that you can afford a park that is $400,000. That’s great news! Time to get to work finding it right?

 Maybe not! Let’s also think about some other things that could happen. Most parks need some form of capital repair on the front end. This may be in the form of resealing/resurfacing roads, putting up new signage, removing homes, getting rid of debri and junk, painting and/or renovating homes, etc. Where is your allowance for these items? How do you determine how high this amount should be?

 As a general rule of thumb, you should set aside about 4% of your purchase price in order to establish an initial operating budget. Something else to consider is that normally your bank will want to see that you have some liquidity even after you purchase the asset and may require you still have up to 10% of the purchase price available in short term assets.

  • Click Here to Grab a free copy of our latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them
  • Want to Learn How to Invest in The Lucrative Niche of Mobile Home Parks? Check out our Free Training that Will Teach You The Systems and Processes We Use To Find The Most Profitable Deals. Click Here to Learn More
  • Have An Interest In Partnering with a Team with a Proven Track Record in the Mobile Home Park Space? Click HERE to Learn More About Our Partnership Opportunities.
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