In this episode, seasoned real estate investor Kevin Bupp shares his journey from owning single-family homes to building a substantial portfolio in mobile home parks and parking lots.
Kevin discusses the impact of the 2008 financial crisis on his investments and how he navigated the challenges to come out stronger. He highlights the value of health and fitness in maintaining resilience during tough times and the importance of focusing on controllable aspects of life.
Kevin also dives into his criteria for selecting profitable investments in mobile home parks and parking facilities, offering valuable insights for investors looking to diversify their portfolios in various asset classes.
Additionally, Kevin emphasizes the importance of mentoring and building a supportive team.
KEY HIGHLIGHTS
00:00 Introduction to Kevin's Real Estate Journey
00:07 The 2008 Financial Crisis and Its Impact
00:51 Rebuilding and Shifting Focus to Mobile Home Parks
02:43 Kevin's Background and Early Real Estate Ventures
03:39 Mentorship and Early Investments
06:26 Challenges and Strategies in Real Estate Investing
12:40 Navigating the 2008 Crisis: Personal and Professional Struggles
23:02 Starting New Ventures: Craft Beer and Running Club
23:56 Rebuilding Phase: From Foreclosure to New Beginnings
24:43 Transition to Commercial Properties
26:59 Discovering Mobile Home Parks
28:35 First Mobile Home Park Purchase
29:25 Scaling Up: Proving the Business Model
36:23 Investment Strategies: Mobile Home Parks and Parking Lots
44:13 Gratitude and Final Thoughts
Real estate and investing are not without turbulence and even deep crisis sometimes. Kevin delivers an inspiring message about how to maintain focus and resilience in the face of adversity and come out stronger for having been through it.
RESOURCES
Connect with Kevin on LinkedIn: https://www.linkedin.com/in/kevinbupp/
Sunrise Capital: https://sunrisecapitalinvestors.com/
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