Master Your Millions Kevin Bupp: The Power of Niche Expertise in Real Estate
About Kevin Bupp:
Kevin Bupp has been an entrepreneur from an early age, starting with a paper route at 12 and quickly progressing to buying, selling, and installing automobile electronics out of his parent’s garage by 14. His entrepreneurial spirit, combined with the unwavering support of his parents, set the foundation for a life of business ventures. Kevin married his wife, Joanna, in 2010, and together they raise their two sons, Jackson and Julian. Alongside his business endeavors, Kevin is passionate about staying physically and mentally fit, competing in marathons, triathlons, and outdoor sports like boating, hiking, and snowboarding.
A lifelong learner, Kevin reads multiple books a month and regularly attends seminars to keep his ideas fresh and his mind sharp. His love for meeting new people, taking calculated risks, and inspiring growth in others drives his approach to both business and life. With a deep appreciation for his family and friends, Kevin's passion is the key to his success, allowing him to embrace challenges and turn setbacks into opportunities for growth.
In this episode, your hosts, Jason and Scott, together with Kevin Bupp discuss:
- Mobile home park expertise
- Parking lot business model
- Navigating the 2008 financial crisis
- Syndication fund structure
- Advice for real estate investors
Key Takeaways:
- Kevin Bupp's deep expertise in mobile home parks and parking lots has allowed him to identify and capitalize on overlooked real estate opportunities.
- The parking lot business model relies on sophisticated dynamic pricing strategies that adjust rates based on factors like time of day, special events, and supply and demand, and this allows savvy operators like Bupp to maximize revenue and profitability from their parking assets.
- When the 2008 financial crisis hit, Bupp's business was not immune to the fallout, however, by being upfront with investors about the challenges and his plans to rebuild, he was able to regain their trust and capital to continue growing his portfolio.
- Shifting to a syndication fund structure has provided Bupp's firm with greater flexibility, buying power, and diversification for its investors.
- Bupp counsels would-be real estate investors to choose a specific niche to focus on, surround themselves with experienced mentors, and carefully vet potential investment opportunities and sponsors.
"There are 1001 different ways to make money in real estate. Pick one… Become an expert in it. Give yourself the time to learn it.” — Kevin Bupp
Grab a FREE copy of Kevin’s Book “The Cash Flow Investor”
- Just pay shipping!
Link: https://kevinbupp.com/the-cash-flow-investor/
Connect with Kevin Bupp:
Website: https://kevinbupp.com/
LinkedIn: https://www.linkedin.com/in/kevinbupp/
Facebook: https://www.facebook.com/RealKevinBupp
Instagram: https://www.instagram.com/buppkevin/?hl=en
YouTube: https://www.youtube.com/c/KevinBupp
Connect with Jason and Scott:
Website: https://henderxcapital.com/masteryourmillions
X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs
Facebook: https://www.facebook.com/groups/realestateinvestorsofutah
Instagram: @henderxcapital https://www.instagram.com/henderxcapital/
@jasonihenderson https://www.instagram.com/jason.henderson/
Email: jasonchem@gmail.com, scott@henderxcapital.com