The Real Estate Syndication Show
WS1367: Why Parking Lots Are A Good Investment｜Kevin Bupp
Jul 19, 2022
Seasoned real estate investor Kevin Bupp discusses why parking lots make a good investment, highlighting benefits like fragmentation of ownership and tech advancements. He shares insights on a real estate deal involving a parking garage, navigating challenges, and increasing value. Bupp also talks about surviving the 2008 market crash, emphasizing resilience and personal growth during financial turbulence.
21:27
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Quick takeaways
- Parking lots are a unique, profitable investment option with fragmented ownership and potential for value appreciation.
- Kevin Bupp emphasizes the importance of staying focused in a specific real estate niche for maximizing success and avoiding overdiversification.
Deep dives
Kevin Butt's Diverse Investment Portfolio
Kevin Butt, the CEO of Sunrise Capital Investors, shares insights on his extensive 16-year experience in investing across various real estate asset classes like mobile home parks, parking lots, apartments, offices, and single-family homes. By focusing on his expertise in the mobile home park niche, he emphasizes the importance of staying in a specific market to maximize success and avoid spreading oneself too thin.
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