Andrew Keel currently manages 21 manufactured housing communities across nine states. His expertise lies in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs.
On today’s episode Andrew and I discuss the key differences between investing in manufactured homes and the parks that they occupy. With time, Andrew became skilled as an investor and realized that he could switch his model of earning income to one that better suited his desired lifestyle — This wasn’t before tons of trial and error, most notably 18 months of prospecting with zero deals done. We’ll have a discussion on the mindset it takes to overcome such hurdles and how he’s taking that mindset to the next Ironman competition.
Key Points From This Episode:
- Going bigger, faster to get to your goals
- How Andrew preserved through 18 months with 0 deals
- The similarities between Ironman competitions and the real estate business
- The difference between mobile homes and mobile home parks
- How to create a “forever cash” machine
- Why it’s important to stay as lean as possible for as long as possible
Links Mentioned in Today’s Episode:
Deals on Wheels by Lonnie Scruggs
Lifestyle Design App:
The Crash is coming! So they say. There’s no real way to actually know if we are facing a crash soon. What we do have is historical data and people with experience who’ve weathered the storm and have lived to tell about it. Today’s guest, has done just that losing everything he worked so many years for in just a few short months.
Todays guest, Kevin Bupp, is a Florida-based Real Estate Investor, top iTunes podcast host and serial entrepreneur with over $40 million of real estate transactions. His extensive investment experience spans the gamut of apartment buildings, single-family homes, office buildings, raw land, condos and his favorite and by far the most profitable for him, Mobile Home Parks.
We touch on this extensively and why Kevin thinks these parks are such good investments. More importantly we discuss his experience with the crash and lessons learned so that you can avoid those same pitfalls if we do in fact have another pending crash looming above us.
Lastly, I’d like to leave you with this. Wealth is rightfully yours and ready for the taking – so much so that God himself has already ordained it. If this confuses you then be sure to listen to this episode and I’ll discuss it further in the Tip of the Week!
P.S We’re Hiring! —–>>>> click here for job openings
P.P.S Live Q&A this Thursday @ 1pm CST! —–>>>> click here to join
Links mentioned in the show:
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