Trying to build a real estate empire while working a full-time job can be tough, which is why many people decide to use a partner to maximize their results. That’s the story on today’s episode of the BiggerPockets Podcast, where we sit down with Rudy Curtler to talk about how he is building a portfolio of college rentals and mobile home parks utilizing a partner. You’ll learn how (and why) Rudy is building his portfolio hundreds of miles from his home, the incredible benefits of investing in mobile home parks (“6x better than houses” according to Rudy), and how he’s able to put together the financing on deals using remarkable creativity!
In This Episode We Cover:
How Rudy got started with real estate investing
How he transitioned from “interested” to “committed“
His first investment
What makes a college rental different?
How many single family homes he has
What a suite equity partner is
Tips for those who wanted to start in the college rental niche
His view on working with family
The difference between investing in mobile home parks and mobile homes
The details on his mobile home park
How much he rents his mobile homes for
Tips on renting out RV pads
Why you may want to consider investing in mobile home parks
How he manages his properties
Thoughts on getting a mobile home dealer license
How to get a mind for creative finance
And SO much more!
Links from the Show
BP Podcast 140: The Riches Are in the Niches (Like Student Housing) with Bill Syrios
CraigsList
BP Podcast 111: A Unique (and Profitable) Real Estate Niche You’ve Probably Never Considered with Jefferson Lilly
21stMortgage
ClaytonHomes
Berkshire Hathaway
LoopNet
BP Podcast 194: Achieving Impressive Spreads Through High-End Flips with Justin Silverio
BP Podcast 179: Doing the “Impossible” by Buying 100+ Units in His First Two Years with Dale Hensel
Angela Duckworth – Grit (video)
Books Mentioned in this Show
The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland
Rich Dad Poor Dad by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
The Millionaire Fastlane by MJ DeMarco
Tweetable Topics:
“I think there is a big difference between somebody who’s just interested versus someone who’s committed.” (Tweet This!)
“Mobile home parks are another way for us to grow and find the exponential growth potential that’s there.” (Tweet This!)
“I didn’t want to stop. We want to keep growing, so we found a way to do it.” (Tweet This!)
Connect with Rudy
Rudy’s BiggerPockets Profile
Rudy’s LinkedIn
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