#346 MHP: Building a Life of Financial Freedom Through MHP Investing
Real Estate Investing for Cash Flow with Kevin Bupp · Kevin Bupp
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Show Notes
Today's Mobile Home Park Episode is from Episode #95 that originally aired on Sep 25, 2018.
In this episode of the Mobile Home Park Investing Podcast, Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks.
Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement.
He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them.
HIGHLIGHTS:
[7:22] What is Mike's background? [12:50] What did Mike's first deal look like? [17:33] Mike shares his story of fixing his first park's septic issues [23:03] What did Mike's 2nd & 3rd MHP deals look like? [26:20] Mike's advice on owning rural parks [28:41] Mike's biggest mistakes in the MHP business. [31:20] How to find the right managers to oversee your parks. [34:12] The importance of Work-Life Balance, and how Mike is able to achieve it