MHP #831: Building a Life of Financial Freedom Through MHP Investing

Today's episode is from Mobile Home Park #95 that originally aired on Sep. 25, 2018. 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 - Mike’s background? 12:50 - Mike’s first deal 17:33 - Mike shares his story of fixing his first park’s septic 23:03 - Mike’s 2nd & 3rd MHP deals 26:20 - Advice on owning rural parks 28:41 - Mike’s biggest mistakes in the MHP business. 31:20 - Find the right managers to oversee your parks. 34:12 - Importance of Work-Life Balance, & how Mike is able to achieve it   Recommended Resources: Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.