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Are You Missing Out on Real Estate's Best-Kept Secrets? Imagine investing in properties where: Tenants fix their own roofs You can boost income with a few tech upgrades Most investors are too scared to even look This episode reveals two underground real estate niches that could change your wealth strategy forever: Mobile Home Parks and Parking Lots Special Guest: Kevin Bupp, an investor with over $1 BILLION in real estate transactions under his belt shares how everyday investors are building wealth in places others overlook. Grab your FREE real estate investment white papers and unlock hidden wealth strategies at InvestwithSunrise.com Resources: Text FAMILY to 66866 Call 844-877-0888 Visit FreedomFamilyInvestments.com/GRE Show Notes: GetRichEducation.com/574 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:00 Welcome to GRE. I'm your host. Keith Weinhold, talking about first mobile home park investing and then investing in parking lot assets. What makes them profitable? What gets investors excited about mobile home parks and parking lots? What are the risks and what's the future of both of these real estate asset classes? All with a terrific guest today on get rich education. Keith Weinhold 0:28 You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre or send a text now it's 1-937-795-8989, yep, text their freedom. Coach, directly. Again, 1-937-795-8989, Corey Coates 1:40 you're listening to the show that has created more financial freedom than nearly any show in the world.This is get rich education. Keith Weinhold 1:56 Welcome to GRE from Burlington, Vermont to Burlington, Washington and across 188 nations worldwide. I'm Keith Weinhold, and you are inside get rich education. We are all firmly in the fall season. Now, autumn, if you prefer. And as we often do, we're discussing residential real estate investing today, but it's two different and distinct niches within that, and I guess they both have to do with wheels, as it turns out, mobile home parks in the first part of the show and then parking assets later today. I think there's a compelling future use case for at least one of those two to speak to our international audience for a moment, but this will actually help clarify things for you. If you're a North American too, though it's called a mobile home, well, it doesn't really have that much to do with wheels. There might not be any wheels on it. And if a resident lives inside one of these for, say, a decade, well then it's probably going to remain attached to that same location on the ground all 10 years. That's why a mobile home is often referred to now as a manufactured home. What it is is it's a factory built residence, constructed on a permanent chassis and then transported to a site. I mean, that's what we're talking about here, and they are a less expensive alternative to traditional homes that have, say, a cast in place, concrete foundation. So therefore, understand, mobile homes are affordable housing, highly affordable housing, and that's really important in this housing affordability crisis. And I've talked quite a bit about that on the show, and the meager national supply of that all types of affordable housing, they are recession resilient. I mean, that's just one reason why we love affordable housing types here at GRE where we're often buying rental property just below an area's median price. You know, people think of mobile home parks MHPS, that they're all crime ridden and that there are slumlords. But that is not true in every case. There are actually nice ones. If you're an MHP investor, you often only own the land beneath the structure, and not the mobile home itself. The resident owns the mobile home itself. So therefore, if there's a leaky roof or a window needs replacement, or flooring needs replacement, that is on the resident to fix, not you. MHP dwellers, they often don't have to pay property tax, though, because, like I said, they don't own the land. The landlord, or the community, therefore, is the one that has to pay the property tax. So there's some thoughts on mobile home parks for you, parking asset, real estate that's still settling into its post pandemic pattern with Return to Office mandates that aren't really fully matured yet. We're still settling in and seeing how that is going to look. And then when it comes to parking lots, you got to wonder about its future. When you consider the proliferation of autonomous cars, will that make parking lots obsolete? I'll have our guest address that longtime GRE listeners, you might remember episode 13 of this show, yeah, almost 11 years ago, that episode was about how autonomous cars will affect your future and your real estate and the very need for parking lots and a lot of what I discussed there in early 2015 that is beginning to come true, but this autonomous car adoption that is way slower than a lot of people thought. I mean, most Americans, they still have not been inside an autonomous car at all. A lot of people are still saying that they don't trust that that should change soon. But as for now, I'm just guessing that fewer than one in 10 Americans have been inside an autonomous car, probably quite a bit less than that. Today's terrific guest has over $1 billion in real estate transactions under his belt. This should be interesting. He is a specific investor in both mobile home parks and parking assets. Keith Weinhold 6:26 Today's guest is a seasoned real estate investor entrepreneur, and he's a prominent voice in the space, because he hosts the real estate investing for cash flow show. He's built a strong reputation as an expert in two niches that have less competition than some other investments, and we'll discuss those two today. They are mobile home parks and also parking asset investments too often overlooked yet pretty profitable niches, and he and I have a lot in common. I'm on the Forbes real estate Council. He is on the Forbes Technology Council. He and I are both native Pennsylvanians. It's been quite a few years. Hey, welcome back to GRE it's Kevin Bupp. Kevin Bupp 7:06 Hey, Keith, thanks for having me back. And yeah, excited to be here, my friend, and excited to finally get caught up. When you referenced that, it was nearly eight years since we last spoke. I was taken back a little bit because A lot's happened in past eight years. Keith Weinhold 7:21 I know that's wild with where things are at. People didn't even know the meaning of the word pandemic when you were last here on the show, Kevin, let's talk about really the case for mobile home parks. I know they can be a strong, cash flowing asset once people are really dialed into them. I think what's interesting is, since you were last here on the show, really, from the pandemic on, it's been a well documented national story where lay people just know about how the supply of housing just is not adequate in order to meet demand, and what that usually means, just talking about the single family space is, of course, they're building, but they're not building fast enough to keep up with population growth and housing demand. But what's so compelling about mobile home parks is, I mean, they're barely even building them anymore, like they are contracting in supply in a lot of areas. So tell us more about the compelling case for mobile home parks. Kevin Bupp 8:16 Yeah, well, you had a big one. You know? It's an asset class that has a diminishing supply, right? We can get into the reasons behind that. But, you know, just from a high level perspective, one of the other factors as it relates to, you know, available homes, available housing for the growing population, is that while they are building stick boat homes, they're not fulfilling the needs of those that actually need affordable housing. So there's not a lot of the average working household can't necessarily afford the starter home any longer, and so mobile home parks are unique. I truly feel they're the best vehicle to help us fill this void of housing, affordable housing that is really needed throughout the entirety of the country. I mean, there's very few markets in this country that are still affordable. There's some places you can still go buy. You can probably go to Flint, Michigan, buy a home for 50 or $60,000 but generally speaking, I think the median home price today, I think it's crested over 400,000 I don't have the exact number, but I do believe over $400,000 and the average starter family, or even folks that are, you know, just working two jobs, making 40, $50,000 a year, they can't afford to purchase that type of home, a $400,000 home. And so again, these mobile homes you had mentioned, they're not building mobile home parks any longer. However, they're still building new mobile homes, and it's kind of interesting what's evolved over the past 10 years. The quality of the product is it's like a night and day difference of what it looked like 1015, years ago, of the homes themselves to what they look like today, and what you get for your money. You know, the average single wide that we might be putting into a community, brand new home, 13, 1400 square feet. Someone could come in and for roughly $80.70 $80 a foot, can buy a brand new home that's never been lived in before, that's unheard of, that's absolutely unheard of when you compare it to the average or the median home price across the US today. So it really is kind of the last frontier, and it's typically any market that we're in, if you take the same comparable quality of an apartment complex in the same, you know, area of town, the same school districts, we're typically about 20% less all in cost to actually own your own home, versus that of even renting the comparable size apartment. So it's a very compelling reason for folks that are looking for an affordable place, but not just affordable, but clean, safe and quiet. I mean, like we run very respectable communities, they're in the really good school districts. They're places that folks are proud to live and raise their families, then, Keith Weinhold 10:22 yeah, that's true. This would really help meet that affordability challenge, another problem that's been so well documented. Talk to us more about what makes mobile home park investing different from investing in single family rentals or even a fourplex or a 20 unit apartment building. Kevin Bupp 10:40 A lot of the fundamentals are similar, and I would say that it's probably more comparable to that of an apartment complex to a certain degree. Just think of it as a horizontal apartment complex, where units aren't stacked on top one another. They're just layout horizontally more wider than they are tall. But the bigger difference is in most instances, we don't actually own the homes, so the residents own the mobile homes, whereas we as community owners own the infrastructure, we own the land. We own the roads, when the sewer lines, the water lines, the common areas, if it has a clubhouse, if it has amenities, so we maintain and we own all that collective area where the folks basically come and they bring their home, they fix it to the ground, and then ultimately pay a slot rent to have their home there on that premise. And so for us, it's very attractive in that the resident that's in their home, if they have a Roofing Leak, they have a plumbing leak, they have their HVAC system go out. They're not calling us like they enter an apartment complex. It's on them, yeah. So they're homeowners. And a couple other really attractive elements of that that come as a result of having residents that live there, not just renters, is that they're very sticky. And so just like in a standard single family subdivision, where you've got folks that might have lived there for generations, you just reference that your parents literally live in the same house, and so they've lived there a very long time. It is quite common to find residents and even multi generations of the same family that live in our communities. And a couple come to mind. We just celebrated a woman's 50th year of living one of our communities in brendalin. And so you've got sticky resident base. There's not a lot of turnover. And then the last big piece of it that is really attractive us is a homeowner mentality is very different than a rental mentality as far as upkeep. And so you got folks that they plant flowers, they ensure that their units have curb appeal, right? They put flags out, they put decorations out during the holidays. It's a lot more warmth than that of what you might find in a traditional rental apartment complex. Keith Weinhold 12:26 So what all does the tenant pay for? You mentioned that they pay for the lot rent. What other expenses do they have? How does that look for them? Kevin Bupp 12:36 Typically, you know, utilities. So they'll have their own individual meter. They'll pay, you know, direct to the utility company, utility provider, water and sewer as well. They'll pay for their water and sewer usage. And that can come in many different forms. Sometimes, where our communities have public utilities, where it's built directly by the utility provider, sometimes it's more of a private system, where we're actually acting and participating as utility provider and building them back for their usage. Really the standard things that you might pay for if you live in a single family home. I think so the areas where it might differ. And honestly, this is really community by community for us, some of our communities, literally, the residents, they pay for the utility use, but outside of that, literally, we mow the grass, we shovel their driveway, we shovel their walkways, we handle all those type of elements, whereas some other communities, the residents we might require that they actually maintain their own grass so they their own grass, so they have to mow it, or hire a a third party vendor to come in and mow it. They might have to actually shovel their own driveway. And a lot of how we run a community really is depend on how it used to be run when we took it over. You know, if it's not broke, we don't fix it. And so a lot of times we don't like shaking things up too much. If they're used to a certain way, we just keep it status quo and continue rolling on of how the prior ownership used to manage it really similar elements of what a folks, an individual living in a single family home, might pay for so very similar. Keith Weinhold 13:48 Okay, so they pay you the rent for the lot. This puts nearly all the maintenance and repair burden on them. So is there any sort of HOA like body here? Kevin Bupp 13:58 Not in our community. You do find some communities, and most of these that have an HOA are typically a community that's gone through more of a co op type arrangement to where the actual individuals only like fractionalized share of the community, the residents that live there, and so then they have a the oversight from an HOA that's managing the daily operations, managing the financing, managing the budget, things like that. But in our communities, no, there is not an HOA, I'd say the one other thing that's typically included in lot rent is they don't have property taxes, right? So we own the land, and so the individuals that live in these units aren't paying individual property taxes. A lot of states require that they have a registration fee, just like you do in your vehicle, that they would have to pay on an annual basis. And then most of them have insurance as well. You know they're covering you're carrying homeowners insurance on the actual dwelling itself. Outside of that, it's, again, just pretty straightforward, Keith Weinhold 14:47 yeah. So here we are in this low competition, low supply niche that we're talking about here we think about communities and nimbyism and building, not in my backyard. ISM oftentimes that's a sentiment that residents of a certain area have, residents say something like, ah, we don't want this new 200 unit apartment building or mobile home park here in our single family home neighborhood, like, that's nimbyism. But in mobile home parks, to me, it seemed like nimbyism is often at a different level. It's at the government or the municipal level, like your town or city, might not want one, because it doesn't generate as much property tax revenue as a new single family neighborhood would. Is that the reality? Kevin, Kevin Bupp 15:31 that's absolutely the reality. And that's why you don't see new parks getting built. I think last year, ones that I know of, there are about a dozen that were built, many more than that. They're actually shut down, you know, for redevelopment purposes. And so that is absolutely huge part of it. In fact, you know, it's frustrating, because pretty much every municipality across the country the topic of affordable housing, it's on the radar, and it's probably one that is discussed quite often. And in all reality, again, these mobile home parks really would help resolve that challenge at most of these you know, municipalities are the shortage of homes, affordable homes, that they're facing across the country. And so, you know, another big piece of it, you mentioned the tax basis, absolutely, you know, the municipality would make, they'd have much better tax revenue from pretty much anything else that could be built there. And so that's a big barrier. But the nimbyism piece of it, I think a big part of that is it's unfortunate. I think it's getting better over time. There's bad operators in our space, just like they're bad operators in the apartment space, just like there's bad operators landlords that have single family homes that just let them deteriorate over time and don't repair things. Unfortunately, we kind of get lumped all the mobile home parks get lumped in that bad bucket. And so while there's, you know, I always joke and say there's mobile home parks that are on the wrong side of town, wrong side of the tracks, right? You don't want to go to and during the daytime. Well, guess what? There's subdivision, the single family home, neighborhoods that are the same thing, and there's apartments that are like that as well. You don't go anywhere near them. And you've got the middle of the road, right? You've got just the good, hard working, blue collar folks that want to send their kids to good public schools. We've got those communities apartments are that way too single family home subdivision, you got white collar stuff. You got some higher end stuff. Unfortunately, we kind of all get lumped in that bad bucket. That's where the assumption that's made by folks that don't understand mobile home communities have never driven through one. They just assume that it's all, you know, basically, drug, sex, rock and roll, the wrong element that we do not want in our neighborhood. We don't want anywhere near us. It's going to devalue our home prices. And for that reason, you just don't see them getting built. It's unfortunate, but it's the truth. Keith Weinhold 17:20 Yeah, I'm just thinking about the mobile home park that I drive past most often. It's sort of walled off. There's maybe an eight or 10 foot high wall around it. I don't know if that's something that the municipality erected to sort of screen its appearance off, or something that the mobile home park built, which is my guess as to who built it, but not all mobile home parks look blighted Kevin Bupp 17:43 absolutely, yeah. And I don't know the case that you just referenced there. I mean, it could be for sound deadening purposes, if it's off of a busy road. It could have been something put up as far as just to kind of shield off so folks that are driving past don't see the community. My guess would be that's probably not the the reason that was built. But in any event, these are, there's, you know, we've got a number of communities, Keith, that if you drove through, and I didn't, if I blindfolded you and you drove in, so you went past the entrance, you went past a sign that said manufactured home community, and I took you down a road, you wouldn't believe that you were actually in a mobile home park. Some of these homes, they're double wide homes, and they look like ranch homes, and so they're actually laid out perpendicular to this, or parallel to the street, and then they have two car site built garages that are attached to them via breezeway. So they look like your traditional ranch style home, but they're absolutely 100% mobile homes that could be moved if you wanted to move them, and for a fraction of the price of what a neighboring single family home might sell for. So there's all different qualities. They all come in different shapes and sizes. But to my point earlier, some of these communities, they're not even affordable. There's actually, there's down here in Florida, we've got what we call lifestyle communities. It's very common out in Arizona as well, where it's a lot of times a second home for snowbirds, you know, retirees that want to come down and want to live an active lifestyle. You know, they want to have two swimming pools. They want to have an activities director. They want to have, you know, shuffleboard and pickleball courts and tennis courts, and they want to live this lifestyle. And those units are anything but affordable. In fact, there's many. There's a community down the road for me that, you know, their lot rent is $1,200 a month, and so you factor that in with probably a house payment. And you know, you might be looking at 2000 to, you know, $2,300 a month, all in for the house and the lot rent. And so not necessarily in the affordable scheme of things, but they come in all shapes and sizes and again, unfortunately, we just get lumped into that bad bucket. It's unfortunate because I do think that we could really help start making a dent in this affordable housing crisis. I don't how it's going to happen any other way. I really don't, because we can't build affordable products at this point in time. It's not possible Keith Weinhold 19:37 a posh an exclusive mobile home park there that you're referencing in Florida. As paradoxical as that sounds, tell us, Kevin, how that really works, because I know you help investors get in to mobile home parks. Does this mean an investor owns a full Park? Or I wouldn't imagine you're just doing it at the level where you just own one lot and then have One dweller pay you the lot rent. So tell us about how it works from the investor angle. Kevin Bupp 20:05 We have fund structures that we typically roll out through sunrise capital investors and any one individual fund will own somewhere between nine to 13 somewhere, typically in that range, mobile home communities. These communities can range in size from maybe as small as 80 or 90 lots to the largest community we own at present time is 780 lots. And so it's quite large. I mean, the size of a small town. But essentially, investors come in and they own a based on their investment. They own a proportionate share of the various properties that are owned underneath that fund umbrella. And so one, an individual, might come with 100,000 and own a smaller proportion share than someone that comes in with a million dollars. But they are owners. They're absolute owners. They participate in the cash flow, they participate in the the upside, and they participate in the proceeds. When we have capital events, either cash out refinances or potential sale events. Keith Weinhold 20:56 Tell us more about why it's so profitable. Why do mobile home park investors get excited, Kevin Bupp 21:01 as with anything, Keith, you know, you got to buy it, right? And, you know, we look at a lot of deals, and a lot of deals don't pencil like, if we bought it for what they're asking, we would make money. We might lose money. And so the money's made on the buy, just like with any other type of real estate investment. But I think the one factor that really has allowed mobile home parks to be an attractive investment vehicle over the past, really, the last decade, it's grown the attention of lots of different private equity groups, institutional investors, that 15 years ago, they weren't in the space, and the biggest reason is a lot of these. It's a very fragmented niche, and so there was no consolidation that existed 10 years ago. There was really only two public traded companies outside that. It was mom and pops, mom and pops, that typically owned one, maybe sometimes two or three communities, but it was just a very fragmented niche. And what you find those fragmented niches that there's a lot of inefficiencies that exist in the operations. There's a lot of inefficiencies that exist with regards to utility management or managerial oversight within the community, or even keeping up with market rents. And so very often, we'll get into a community we just bought one at the end of last year, and right outside of Ann Arbor, you know, great sub market in Michigan. It's it literally has never traded hands. It was built back in the 80s by the gentleman we purchased it from. He was a subdivision developer, but he got into the manufactured housing space, so he built this, what looked like a subdivision, but it was mobile homes and and he basically owned it up until we acquired it last year, but gorgeous community, well maintained, needed some upgrades, different amenities that just were a little worn out and tired. But the biggest element within that community was that the market rents in the local area were roughly $800 a month. $800 a month for lot rent, and when we purchased it from him, the average lot rent throughout the community was $477 so there was a significant loss lease that exists. And we see this quite often with just over time they've owned it, free and clear, they go 567, years out, doing rent increases, and sooner or later, they find themselves in a situation where they are severely below the local market rents. And so there's typically a lot of loss, at least recapture, that we find going into these communities. Sometimes we'll also go in and we'll find there's a lot of waste with the water and sewer cost. It might not be billed back for usage to the residents, to where if you're not paying for something, sometimes you're abusing it. And a lot of times we can go in and put individual meters in and almost send entirely that savings down to the bottom line and find it as additional noi on our PNL. And so it's just inefficiency of operations, and again, quite common, given the mom and pop nature of this asset class. But it's very quickly becoming consolidated. Now it looks very different today than what it looked like as far as the ownership groups. When I go to an industry event 10 years ago, those other guys like us, and then a lot of mom and pops. Now it's, you know, the likes of reps from Blackstone and Carlisle group and and got lots of other institutional groups that are showing up there. So just it's very different world, and probably more akin to that of what the apartment sector looks like, as far as ownership groups and the consolidation that's happening. Keith Weinhold 23:52 You're feeling more of that competition. Kevin and I are going to come back and talk about another, I suppose, real estate investment that has something to do with wheels, and that is investing in parking lots. I'm your host, Keith Weinhold Keith Weinhold 24:07 if you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point because even the word abbreviation is too long. My letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video course, completely free as well. Now it's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com Keith Weinhold 25:19 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President chailey Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com. Ted Sutton 25:51 Hey, it's corporate directs Ted Sutton. Listen to get rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 25:59 welcome back to get rich education. We're talking about two real estate investment niches with Kevin bump today, an expert in both mobile home park investing and in parking lot assets. And Kevin, I got to tell you, I am more skeptical about parking lot investing than I am about mobile home park investing, but you can probably help me with this. I think we know that. I mean, gosh, just historically, ever since Henry Ford did his thing. I mean, mass transit adoption is really slow in most US cities. But anymore, one needs to wonder, okay, can autonomous cars disrupt the parking model? A Robo taxi can just constantly stay on the road, dropping off and picking up passengers where, you know, some people foresee a day in the not too distant future that people won't even need to own cars. They'll sort of have a subscription to a car service, but now this is where your expertise is. So I'm sure you thought above and beyond that. So what are your thoughts there, just for the need for parking spaces? Kevin Bupp 27:11 You make a valid point. I think the adoption of that, it's, I think it will be very different from market to market, say, the city, whereas, if you want to maybe look at one area. We have a parking garage today in downtown Phoenix, Arizona. Phoenix is very much a driving city. It's parsed out very far the public transit. It's not great there. And again, it's just it's a wider state, whereas, if you compare it to like a San Francisco, the adoption of Robo vehicles and robotaxis and things like that autonomous vehicles is much, much faster than that of a of a phoenix. But also San Francisco is much a much more consolidated marketplace as far as the urban core. And so for that reason, you know, we look at parking, it's got a there's a couple things also that feed into that. So I want to back up a little bit. One of the major changes that has been really playing out over the past 15 years within the parking sector is that building departments within now, I think it's over 100 cities across the country. Denver just announced last week that they're also adopting this policy. And that policy is that historically, if you were Keith, you're going to go on, hey, I want to build this in downtown. I want to go build this apartment complex, condo complex, mixed use property, whatever it might be. Historically, they would have required you, whether you wanted to or not. They would have made you put in a certain amount of parking per 1000 square feet, every municipality would have a formula. And what, what a lot of these cities realized a couple decades ago is that, based on their, you know, antiquated formulas, they had a surplus of parking available on a lot of these downtown areas. You know, it wasn't being used. And given the developer an opportunity and the choice to say, Hey, do I want to build 20 more parking spaces that aren't going to get used? Or I want to build want to build 10 more apartment units, they're going to choose the apartment units. And so the parking mem requirements have been taken away, have been eliminated in a lot of cities over the last decade plus. And so that's created a shrinking supply of parking because now when developers build something, they're building only as much as they need, sometimes not even as much as much as they really need, because then they can still rely upon other ancillary parking structures within the immediate marketplace. And so, so there's a shrinking supply of parking. And every city that we own in today there's a massive shrinking supply of parking. So that's big piece of it that we know that inevitably, if we get the location right, an area where literally, you wouldn't be able to afford, based on the cost of construction and the cost of lands, they wouldn't be able to afford even building new parking structure, if you so chose to. And now that there's also a shrinking supply, diminishing supply, of this parking that we can be comfortable in our demand for our product, and so to the point of like autonomous vehicles and things of that nature, I do think there will be a time. I don't know how long that time is. I do think that there will be a time where we'll see some sort of impact. I don't know what that is. And so how we underwrite deals is we feel very confident over the next 10 years. We have to have a absolute confidence level over the next 10 years that there's going to be continual demand based on the various factors within this marketplace, the demand drivers that are servicing that garage, like, who's parking there, why they're parking there. But second to that, when we. Buy something. We need to have the air rights. We know that there inevitably will be a higher and better use. So Location, location, location, it's got to make sense today as parking. We got the underwriting has to stand on its own as parking, and we have to have a comfort level that 10 years, there will be sufficient demand throughout the duration of the next decade, in the event things start changing down the road, we know that, literally, the lowest use that it could ever have is its present use, which is parking because it's just a concrete structure, sometimes just an asphalt parking lot, to where, once you go vertical, that's where you're going to be able to unlock a lot of additional potential. And so we don't underwrite the future. We look at that as icing on the cake. But we know, based on the the location, the proximity to, you know what else is happening in that marketplace, that location will be in demand, not just today, but many decades to come. So I'll stop there and see if you have any clarifying questions. Keith Weinhold 30:51 I think about how for the parking lot investor, Jamie Dimon has been really good for you. He is so hard on the return to Office. Mandate? Kevin Bupp 31:01 Yeah, I'd say one thing that's important to make note is, I don't know what the future holds for office I tend to make the argument that wherever picking office building in a marketplace, wherever they're at with occupancy today, I think it's probably as good as it's going to get. We don't have to go down that rabbit hole. But I just I feel like it's been long enough since covid. And don't get wrong, there's gonna be a few companies that are going to be pressed that are going to be pressing, you know, in a big way, to get people back, but I think 80% of them that we're going to go back are already there. And so any parking asset that we look at, if it's got more than 10 or 15% as far as relationship with an office building or multiple office buildings in immediate vicinity, then we typically pass on it. And on top of that, it's got to have a variety of demand drivers. So it just can't be supportive of one or two different demand drivers. We have have at least five. And so it can be a courthouse, municipal buildings, sports arenas. It's got to be a 24/7 city where there's something happening, 24 hours a day, seven days a week, hotel, valet, restaurants, retail, things like that. And office has to be a very minimal part of that makeup, or else we just move on, because I don't know how to fix it. How to fix that problem yet. I don't know what's going to you know what the future holds for your traditional office towers, especially the ones that are, you know, 50, 60% vacant at the present time? Yeah, that's interesting, because when you look at a parking lot and you're evaluating its potential and its current use, yeah, you're basically thinking about, what is that tenant mix. You don't want 100% of it to be for one office building. You would probably want a number of uses. That's correct. Yeah, absolutely. Again, like I said, Five is our minimum. I mean, the more the merrier. And I'd say another big piece of it, if we had to look at the different demand drivers and put a value or a hierarchy of what we feel, what are the highest priority demand drivers, transient is the best. I want to know that the folks that are coming there, there's enough attractions in immediate vicinity, and we need to know what those attractions are, and better understand those attractions. But there's a variety of attractions in the immediate vicinity to where it's going to continually attract transient parking. So it's not just it's not a reliance upon one thing. And so, for example, we just closed on a garage in historic Philadelphia, and so it's a block away from Liberty Bell, two blocks from Independence Hall, any of other museums. I mean, like it's it is we talk about location, location, location. It's there that part of Philadelphia has been in demand by tourism for hundreds of years, and I don't foresee that that changing anytime soon. And so 70% of the makeup of the traffic in that garage is made up of transient traffic, so folks that are visiting the various attractions and immediate vicinity. So even if one of those attractions went away, which most of them are historical, they're not going to go away. If one or two did, it still wouldn't have that significant of an impact on the parking demand. Keith Weinhold 33:36 That's interesting. Okay, a transient customer, not one that's showing up and parking there every day to go to work. And yes, the Liberty Bell, Independence Hall, there's going to be a long term demand to see those sorts of things in person. So that's an interesting way to think about that. And Kevin, while we've been talking about parking, at least in my mind's eye, a lot of times, I've just been thinking about one paved at grade parking area, but we're talking about parking garages as well. Or what are some of the trade offs there between parking garages and an at grade parking lot? Kevin Bupp 34:08 Yeah, I mean, at grade parking lot is, can't get any simpler than that. I mean, typically they're asphalt or sometimes just crushed gravel, but that's it. So as far as future capex requirements, there's not many, right? It's very, very minimal. Whereas a parking garage, especially if it's in a colder environment, where there's snow and you've got salt on the road, salt that's making its way up the concrete, seeping into the cracks, you've got structural rebar issues to worry about, things of that nature. So weather can take a major toll on parking structures if they're not maintained well. Whereas you know the worst that could happen the same weather, you know, the weather takes the same toll on these asphalt parking lots, but it really only equates to maybe a pothole that you have to fill in, and a parking structure could be deteriorated to the point of no return if it's been neglected long enough to where it might be unsafe, structurally where you know now you're you're getting condemned or shut down. So big considerations there, it's interesting. We Own, the one we own in Phoenix, the Phoenix, it's a desert. It's a desert climate. They get very little moisture. And that was that parking garage was built in the 60s, so very long time ago. It's the oldest thing we have in our portfolio, but it better condition has been preserved better than that of of a recent garage we purchased that was built in 1990 that's all the environment that's in. You know, there's really not much that can deteriorate concrete once in the desert. Keith Weinhold 35:22 Was there any last thing on parking lot investing like something that gets an investor really interested in this asset class? What's really compelling and profitable about it? Kevin Bupp 35:33 It's very technology driven business, and what we have found is a lot of these parking assets, of either they're owned by, you know, an individual investor, or if they happen to be owned by an institution, they've never been viewed as the primary investment vehicle. A lot of institutions that own parking garages, they happen to own them by default, because maybe they bought the two office towers years back, and it just happened to come with parking right? And so a lot of times, they've been somewhat neglected, like the PnL has been neglected. They haven't found ways to really extract all the value out of these parking facilities. And so very commonly, we'll go in and we'll find that the technology that's in place is 10 years old. And think about what a computer 10 years ago look like, right? Like it's you're not catching all the license plates. You're not able to log in and adjust pricing in a dynamic manner based on supply, demand factors. And so we can simply go in and just create a more efficient pricing model and find sometimes, you know, 10 15% of additional revenue just from doing those simple things, like literally a few $100,000 worth of upgrades and technology, we can add millions of dollars of value. There's other factors, you know, just simple things folks want to park in a not just clean and safe, but well lit. You know, they want to feel safe in lighting. And we'll find parking facilities that still have old halogen lights. Half of them are burnt out. If you start serving people, they're actually not parking there in the evenings. They're finding somewhere else to go because they don't feel safe. And so just going in and doing a revamp, you know, an upfit with LED lights, making it nice and bright, bright and clean and letting everyone feel safe, we'll find a instant increase in demand and Parkers in the later evening hours. So I mean just little simple operational tweaks that we can make that just have simply been overlooked for many, many years by the prior ownership groups. Keith Weinhold 37:15 That's really interesting, that oftentimes the owner of a parking lot owns that parking lot as an afterthought, because they were in it to purchase the building that accompanies the parking lot. So it would make sense that when you focus on that parking lot, you could really add value and profitability to that lot. Well, Kevin, these have been interesting chats between mobile home park investing and parking lot assets. I think that the commonality here is that you the investor, are just owning a lot, and therefore the maintenance and hassles with these things are really low. This gives our audience an awful lot to think about. So Kevin, are there any last thoughts that you have about this space overall, and then please let us know how our audience can learn more. Kevin Bupp 38:02 No additional thoughts. I don't believe I'd say that if you have an interest, if we've piqued your interest at all, we've written a number of white papers on both asset classes, both parking as well as mobile home parks. You can download all that for free on our website. Invest with sunrise.com We've got a number of other case studies on our website. We're pretty transparent. Well, what we buy, what we've owned, what we've exited out of. We'll go as far as providing appraisal reports and third parties and things like that on our website. So if you just want to get a sense of not just who we are, what we do, but just have a better understanding of the investment thesis behind parking and manufactured housing, there's tons of resources that you can download from the website. Keith Weinhold 38:37 Well, that's a great way to learn more about Kevin, what he does, and then maybe even invest alongside him. Well, Kevin, it's been valuable and eye opening. It's been great to have you back on the show. Kevin Bupp 38:46 Yeah, thanks for having me, Keith. Been a lot of fun, my friend. Good seeing you again. Keith Weinhold 38:57 Yeah? Good stuff from Kevin there. The MHP space becoming more consolidated and corporatized too. You know, single family rentals are different from mobile home parks in that way. I mean, 90% of single family rentals are owned by small mom and pops, which means those people that own between just one and five properties, Kevin used the term loss to lease a few times. That phrase loss to lease being a real estate education show what that term means is really a lot like how it sounds. It is the potential income that a property owner misses out on because the actual rent collected is less than the current market rent. That's what loss to lease means. Though, I like the long term future of mobile home parks more than parking deals. You know, Kevin did, though, have some great answers for why he still likes parking. He focuses on a 10 year horizon. He. Looks for at least five use types for the parking. And then another great point is that in a lot of cases, the land that the parking occupies is its lowest use. So therefore, when they sell the parking area, they can get some nice exit income. That makes a lot of sense. And being two native Pennsylvanians like we are, I am familiar with that part of Philly that he's talking about. In fact, what's funny is that, in producing this show today, I guess cookies are doing their thing. This parking lot deal in Philly just appeared in my Instagram feed next week on the show, it'll be back to no guest. It's going to be all me, and you're going to hear some things that you wouldn't expect to hear Until then, I'm your host, Keith Weinhold, don't quit your Daydream. Dolf Deroos 40:51 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Unknown Speaker 41:19 The preceding program was brought to you by your home for wealth, building get richeducation.com
Die türkisch-ultranationalistischen “Grauen Wölfe” indoktrinieren Kinder und Jugendliche von klein auf mit ihrer Ideologie - und das mitten in Deutschland. In Kultur- und Sportvereinen lernen Kinder und Jugendliche nicht nur türkische Lieder, sondern ganz spielerisch auch das rassistische Weltbild der “Grauen Wölfe” kennen. In dieser 11KM-Folge erzählt Reporterin Annkathrin Weis von einem Aussteiger, der mit dem Wolfsgruß aufwächst und irgendwann merkt, dass er jahrelang systematisch manipuliert wurde - und der jetzt um Aufklärung kämpft, während politisch bisher erstaunlich wenig passiert. Hier geht's zur Doku “Im Visier der Grauen Wölfe” von Annkathrin Weis, Jan-Phillipp Scholz und Yağmur Ekim Çay: https://www.ardmediathek.de/video/story/im-visier-der-grauen-woelfe/hr/MGM3YzJiOTktMmRmNi00MWRkLTkxNzEtNTExNDY4OGJhNjlh Hier geht's zu „WDR 5 Das philosophische Radio“, unserem Podcast-Tipp: https://1.ard.de/philosophie-podcast-radikalitaet Diese und viele weitere Folgen von 11KM findet ihr überall da, wo es Podcasts gibt, auch hier in der ARD Audiothek: https://www.ardaudiothek.de/sendung/11km-der-tagesschau-podcast/12200383/ An dieser Folge waren beteiligt: Folgenautor: Moritz Fehrle Mitarbeit: Claudia Schaffer, Lukas Waschbüsch Host: David Krause Produktion: Christiane Gerheuser-Kamp, Konrad Winkler, Jonas Teichmann, Hanna Brünjes Planung: Hardy Funk Distribution: Kerstin Ammermann Redaktionsleitung: Fumiko Lipp und Nicole Dienemann 11KM: der tagesschau-Podcast wird produziert von BR24 und NDR Info. Die redaktionelle Verantwortung für diese Episode liegt beim BR
MHP YÖNETİMİ ÇATIŞTI KURŞUN YAĞDI
Frank Rizzo is Co-Founder of Stone Capital Investors and has more than 20 years experience in real estate as a broker, owner and a syndicator. For the past 12 years Frank has been active in the MHP space and during that time he has acquired and re-positioned over 20 communities. Starting his entrepreneurial journey in high school, Frank obtained his real estate license at 19 and went on to earn his Series 7, 24 and 63 licenses by 23. He later opened his real estate brokerage, Corner stone Realty at 28. Today we'll dive deep into the business of mobile home parks, one of which I've been personally active in for nearly two decades through my company Sunrise Capital Investors. Connect with Frank: Website / Video Series: trailerparkturnaround.com Highlights: 2:00 - First Park Hook 7:00 - Team & Footprint 10:00 - Persistent Deal Sourcing 13:00 - Best Buyer Strategy 20:00 - Community Culture First 34:00 - KPI Driven Focus Quote: “If you don't build that sense of community, it all becomes transactional. But when residents feel part of something bigger, they stay and that's when the park truly succeeds.” 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.
Join Ovadia Heart Health Coach Chris S. Cornell, MHP, as he sits down with Doug Reynolds, MHP, CEO and Founder of LowCarbUSA and President of The Society of Metabolic Health Practitioners (SMHP). They'll discuss Doug's journey from electrical engineering to leading the metabolic health movement, his new book The Road to Metabolic Health, and the power of Therapeutic Carbohydrate Reduction (TCR) in reversing chronic conditions. Don't miss this insightful conversation on the science, advocacy, and future of metabolic health!Send Dr. Ovadia a Text Message. (If you want a response, you must include your contact information.) Dr. Ovadia cannot respond here. To contact his team, please send an email to team@ifixhearts.com Like what you hear? Head over to IFixHearts.com/book to grab a copy of my book, Stay Off My Operating Table. Ready to go deeper? Talk to someone from my team at IFixHearts.com/talk.Stay Off My Operating Table on X: Dr. Ovadia: @iFixHearts Jack Heald: @JackHeald5 Learn more: Stay Off My Operating Table on Amazon Take Dr. Ovadia's metabolic health quiz: iFixHearts Dr. Ovadia's website: Ovadia Heart Health Jack Heald's website: CultYourBrand.com Theme Song : Rage AgainstWritten & Performed by Logan Gritton & Colin Gailey(c) 2016 Mercury Retro RecordingsAny use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from Dr. Philip Ovadia.
Today's episode is from Mobile Home Park #99 that originally aired on Oct. 30 2018. Kevin shares the mic with Andrew Lanoie; Founder and Principal of Park Place Communities and Four Peaks Partners based in Scottsdale, Arizona. Andrew's background is markedly different from most investors, originally holding a career in artist management in the entertainment industry of SoCal. After the 2008 financial meltdown and seeing his parents lose significant wealth however, Andrew began to seek answers to why this happened to better shield himself from future events. Andrew now manages a portfolio of manufactured home communities across the country, and is passionate about fostering a team around Park Place Communities and Four Peaks. HIGHLIGHTS: [7:18] At what point did Andrew get interested specifically in Manufactured Home Communities? [9:59] What have been the biggest changes Andrew has observed in the MHP market? [17:05] What was Andrew's first MHP deal like? [21:52] What is Andrew's thoughts on Park Owned Homes? [32:14] What's Andrew's long-term strategy? [35:31] Andrew's final closing thoughts. 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.
Cumhurbaşkanı Erdoğan ve MHP lideri Bahçeli'nin Malazgirt Zaferi'nin yıldönümüne dair açıklamalarında çözüm süreci mesajları öne çıktı. Hakem Kurulu, memur zammı için kararını açıkladı, sendikalar tepki olarak kuruldan çekildi.Bu bölüm BYD hakkında reklam içermektedir. BYD DOLPHIN, gelişmiş teknolojisiyle Türkiye'de elektrikli hatchback segmentine yeni bir standart getiriyor. Zarif gövde hatları keskin çizgileriyle okyanustan ilham alan tasarımı ve zengin donanım özellikleri ile öne çıkıyor. BYD DOLPHIN ile buradan tanışabilirsiniz.
AKP MHP SAVAŞININ TÜM KODLARI
Terörsüz Türkiye konusunda MHP lideri Devlet Bahçeli'nin yaptığı cesur çıkış, Türkiye Yüzyılı'nın en temel taşlarından biri oldu. Türkiye'nin, ikinci yüzyılına bu tarihi adımla başlaması, gelecek asrın Türkiye asrı olması bakımında çok önemli bir başlangıçtır.
TBMM'de Kürt sorununu çözmek için yola koyulan "Milli Dayanışma, Kardeşlik ve Demokrasi Komisyonu"nda çalışmaların istenildiği gibi yürümediği anlaşılıyor. AKP ve MHP arasında bir gerilim sözkonusu. DEM Parti'den gelen Abdullah Öcalan ile görüşme talebi süreci iyice karmaşıklaştırdı. Komisyon, geçmiş deneyimlerden ders alarak Kürt meselesine kalıcı bir çözüm bulabilecek mi? Ekibimizden Serap Doğan, "Terörsüz Türkiye Süreci" ile ilgili son gelişmeleri derledi. Gazeteci Gökçer Tahincioğlu, komisyonun çalışmalarını, tartışmaları ve AK Parti ile MHP arasındaki farklı görüşleri COSMO Türkçe'ye değerlendirdi. Mikrofonda Eren Mahir Gençer var. Von Serap Doğan und Eren Mahir Gençer.
İktidarın adlandırmasıyla “Terörsüz Türkiye”, Kürt hareketinin verdiği isimle “Barış ve Demokratik Toplum” gerçek içeriğiyle ise bizim sömürgeci sermayenin, emperyalizmin himayesindeki bir “petrol açılımı” olarak tanımladığımız süreç kapsamında oluşturulan meclis komisyonu 5 Ağustos günü toplandı. İktidar açısından komisyonun tek bir amacı var o da yürüttükleri petrol açılımını iyice cilalayıp, sürecin halkla ilişkiler kampanyasını yapmak. Komisyonun isim tartışmasının absürtlüğü bunun bir kanıtı. Herkes toplandı ve içeriğinin, işlevinin, görevinin ne olacağı belli olmayan, üzerinde tartışacağı konuyla ilgili bilgilerin gizli tutulduğu bu komisyona ne isim verileceği tartışılmaya koyuldu. Herkes kendi meşrebince bir şeyler dedi. Daha dün her söze “PKK terör örgütü mü değil mi?” diye başlayan ve bu süreci de başından beri “Terörsüz Türkiye” diye adlandıran iktidar kanadının hele hele MHP'nin muazzam bir işbirliği ve hoşgörü sergilemesi manidar değil mi? Zaten amaç petrol açılımına paravan oluşturmak olduğu için ortaya karışık bir şey çıkardılar: Millî Dayanışma, Kardeşlik ve Demokrasi Komisyonu!Tiyatro ve figüranlarıİlk defa MHP lideri Bahçeli'nin 100 üyeli bir bileşimle önerdiği komisyon son olarak 51 üye ile tasarlanmıştı. Meclis Başkanı Numan Kurtulmuş'un himayesinde kurulan komisyona AKP 21, CHP 10, DEM Parti 4, MHP 4, Yeni Yol 3, Hüdapar 1, YRP 1, TİP 1, EMEP 1, DSP 1 ve DP 1 üye gönderdi, kendisine 3 sandalyelik kontenjan ayrılan İyi Parti ise komisyona katılmayacağını açıkladı. Özellikle muhalefet partileri açısından bir süre boyunca bu komisyona katılıp katılmama tartışmaları yaşandı. En büyük kaygı iktidarın gizli kapılar ardında yürüttüğü süreci, tamamen işlevsiz, görev ve sorumlulukları hatta adı bile belli olmayan bir komisyonda figüranlık yaparak meşrulaştırmaktı. Bu haklı bir kaygıydı. Ne komisyon toplanmadan önceki hazırlık görüşmelerinde ne de komisyonun toplandığı 5 Ağustos günü bu kaygıları giderecek herhangi somut bir gelişme gördük. Ama nasıl olduysa herkes bu komisyonun bir sorunu çözmek için (partilerin meşrebine göre terör, Kürt sorunu, barış, demokrasi gibi başlıklarla tarif edilen sorunlar) kurulduğuna ikna olmuştu. Komisyona katılmayan İyi Parti de aslında buna dahildir! Çünkü onlar da komisyonun Kürt sorununun çözümüne dair kurulduğunu bir şekilde kabul etmişler ama şovenist bir tutumla, MHP'nin boşalttığı faşist siyaset alanını başıboş bırakmamak için katılmayı reddetmişlerdi. Aslında İyi Parti de bu şekilde senaryoda kendine yazılan figüranlık rolünü oynuyor.Çözüm arayışı değil petrol kavgası: Emperyalizmin himayesinde bir koyup üç alma kumarı
Lafı dolandırmadan dobra dobra diyeyim: Süreci bir çağrısıyla bugünkü olumlu noktaya taşıyan bilge lider Bahçeli'nin kendisine ve partisine kurulan bir tuzaktır bu. MHP'nin hassasiyetini bilerek tahrik edip yanlış bir zemine çekerek hem MHP'nin algısını bozmaya hem de süreci sabote etmeye yönelik bir sabotaj girişimidir bu. Bu aynı zamanda AK Parti'nin kurucu anlayışına ve misyonuna temelden karşıtlık içeren bir bozguncu teşebbüstür.
In this update to the 7 T's of Massive Hemorrhage Protocols with Dr. Jeannie Callum and Dr. Andrew Petrosoniak, we explore the most current, evidence-informed strategies for bleeding patients, from polytrauma to obstetrical, drawing on the latest clinical trial data and real-world experience. We answer the questions: What is the evidence based alternative to FFP in EDs where FFP is not readily available? How accurate are decision scores in helping decide the trigger for MHP activation? Why is testing fibrinogen levels and giving fibrinogen concentrates so important in massive hemorrhage? How should we tailor our MHP to the GI bleed patient? To the obstetrical patient? and many more... Please donate to EM Cases to ensure ongoing Free Open Access Medical Education at https://emergencymedicinecases.com/donation/.
What happens when you start with a 10-year prison sentence—and end up managing over $50 million in real estate assets? In this powerful episode of the Invest2FI, Craig Curelop welcomes Alex Donnolo: a real estate expert, public speaker, and former inmate with a story that defies the odds. Alex Donnolo's life wasn't always destined for success. Learn how he went from wrongful conviction to creating a thriving business in mobile home park investing through seller financing and operational discipline. You'll hear how he scaled from a lawn care hustle to an empire with 21 parks across 11 states and what it really takes to raise capital, build a hybrid investment model, and lead with resilience. Whether you're facing setbacks or looking for a strategic investing edge, this episode delivers inspiration and tactical wisdom in every minute. PODCAST HIGHLIGHTS:[02:35] - Growing up with family of business owners [03:02] Middle school hustling with t-shirts and skateboards [03:10] Ran small business screen printing with friends [03:49] Wrongfully convicted, sentenced to 10 years [06:50] Became national news, withdrew from high school [12:46] While incarcerated, Alex found spiritual guidance [26:45] Started seller-financed mobile home park investing [32:31] Alex manages 21 properties across 11 states, totaling $50 million [34:31] Blended interest rate strategy at 8% [35:59] Exit strategies and contingency planning [38:21] "Hybrid model" gives lenders partial equity [42:40] Doubled value of first MHP in 2 years [45:31] Rent increase strategy done with transparency [47:19] Solo growth after partnership split in 2020 [48:00] Why MHPs outperform storage and multifamily [49:02] Seller-financed deals are harder in storage asset class [51:01] Scaling challenges, building efficient team culture [52:55] Plans to focus more on writing and speaking [53:05] Upcoming book release in September [53:51] Best advice: “Resilience not perfection” by Jim Collins HOST Craig Curelop
What if the key to long-term wealth wasn't found in skyscrapers or single-family homes—but in overlooked, misunderstood mobile home parks?Mobile home parks (MHPs) are often misunderstood, but for those looking to build real estate portfolios with strong cash flow, tenant stability, and legacy potential, MHPs are one of the most strategic investment plays available today. In this episode, Corwyn sits down with Arthur Varela and Bobby Wymbs from Matthews Real Estate to explore why mobile home parks are recession-resistant, how you can break into the space—even with limited capital—and how this asset class compares to more traditional investments like multifamily, triple-net leases, and self-storage.Together, they unpack not only the numbers and mechanics but also the mindset shifts required to see value where others don't. Whether you're looking to start small, transition a 1031 exchange into something more passive, or expand your existing portfolio with creative financing, this episode offers an inside look into a corner of real estate that's gaining serious momentum.Key Takeaways01:45 – How mobile home parks meet a critical need in underserved communities04:10 – What makes MHPs more stable than multifamily properties06:45 – Breaking barriers: Why zoning limits = less competition09:55 – Where the deals are: Off-market tips and what institutional buyers are missing12:20 – The window of opportunity: Timing, trends, and shifts in investor attention17:25 – Creative financing that works (even in today's interest rate climate)18:23 – 1031 exchanges and the MHP advantage20:00 – How passive are MHPs really? Operational insights from the field21:35 – Finding the right broker and building your network22:10 – Final advice: Affordable housing is impact investing that paysConnect with Bobby and Arthur:Website: www.matthews.comLinkedin: https://www.linkedin.com/in/arthur-j-varela-iv-5017021b8Linkedin: https://www.linkedin.com/in/bobby-wymbs-91b222153Connect with Corwyn:Contact Number: 843-619-3005Instagram: https://www.instagram.com/exitstrategiesradioshow/FB Page: https://www.facebook.com/exitstrategiessc/Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZAWebsite: https://www.exitstrategiesradioshow.comLinkedin: https://www.linkedin.com/in/cmelette/Shoutout to our Sponsor: Mellifund Capital, LLCNeed funding for your next real estate flip or build? MelliFund Capital makes it fast, flexible, and investor-friendly. Visit MelliFundCapital.com and fund your future today. Again, that's MelliFundCapital.com, M-E-L-L-I-L-U-N-D, Capital.com.
Geçtiğimiz yıl 1 Ekim'de MHP Genel Başkanı Devlet Bahçeli'nin TBMM'de DEM Partili milletvekilleriyle tokalaşmasıyla başlayan "Terörsüz Türkiye" süreci, PKK'nın 11 Temmuz'da sembolik bir törenle silah bırakmasıyla devam etti. Eren Mahir Gencer, süreçle ilgili önemli gelişmeleri derledi. Siyaset bilimci Sezin Öney, COSMO Türkçe'ye süreçle ilgili gelişmeleri değerlendirdi. Mikrofonda Aydın Işık var. Von Aydın Işık und Eren Mahir Gençer.
Cumhurbaşkanı Erdoğan, "AK Parti, MHP ve DEM Parti olarak süreci selametle sonuna kadar götürmekte kararlıyız" dedi. Gazze'de su kuyruğunda bekleyenler vuruldu, İsrail ordusu "teknik hata" savunması yaptı.Bu bölüm EY hakkında reklam içermektedir. EY'ın küresel çapta düzenlediği EY Girişimci Kadın Liderler Programı, kadın girişimcilere işlerini büyütme ve uluslararası pazarlara açılma yolculuklarında rehberlik ve destek sağlıyor. Türkiye'de bu yıl dokuzuncusu düzenlenecek olan programa, 15 Ağustos'a kadar buradan başvuru yapabilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
Cumhurbaşkanı Erdoğan, PKK'lı bir grubun silah bırakmasının ardından yaptığı açıklamada "AK Parti, MHP ve DEM Parti olarak bu yolu beraber yürümeye karar verdik" dedi. Trump, AB ve Meksika mallarına %30 tarife uygulanacağını duyurdu. Bu bölüm Antre Gourmet hakkında reklam içermektedir. Türkiye'nin yerel ve geleneksel peynirlerini sofralara taşıyan Antre Gourmet'nin kurucuları Neşe Aksoy Biber ve Berrin Bal Onur'un kaleme aldığı, peynirin hikayesini çocuklarla paylaşan kitap “Peynir”, Gourmand 2025'de Dünya'nın en iyi kitabı seçildi. Antre Gourmet ile buradan, “Peynir” ile buradan tanışabilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of Beyond Multifamily, Amanda Cruise and Ash Patel interview Brad Johnson, co-founder and CIO of Vintage Capital. Brad shares his journey from institutional private equity to building a $200M+ mobile home park portfolio and discusses why he's doubling down on the asset class today. They dive into due diligence strategies, creative seller financing structures, and why Brad prefers long-term holds with strong operators over short-term flips. The trio also tackles current legislative risks, how rent control could impact MHP valuations, and why Brad isn't chasing distressed multifamily deals. Brad Johnson Current role: Co-Founder and Chief Investment Officer, Vintage Capital Based in: Irvine, California Say hi to them at: info@vintage-funds.com | vintage-funds.com Go to https://zbiotics.com/BESTEVER and use BESTEVER at checkout for 15% off any first time orders of ZBiotics probiotics. Get a 4-week trial, free postage, and a digital scale at https://www.stamps.com/cre. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to the latest PRmoment podcast. On the show today we're talking to PR creative don Mark Perkins. Mark now runs his own PR creativity training scheme called Pop Creative. He's worked for a raft of PR's most creative firms including Cow, W, Frank, The Red Consultancy and MHP.Infamously his work includes the Christmas Tinner and Missing Type campaigns.Before we start, two pieces of good news at PRmoment this week. The first is that the programme for PR Masterclass: AI in PR is now complete. The PR Masterclass series are hybrid events so you can attend either in person or virtually. The event is on July 3rd and themes include:How to Integrate AI into your PR WorkflowThe impact of AI on JournalismAI as a content production toolIs LLM optimisation PR's biggest opportunity of our lifetimes?Check out the microsite PRMasterclasses.com for all the details including the speaker line-up.The other vital bit of information is that The Creative Moment Awards are now open for entries. You can see all the categories for 2025 at the microsite creativemomentawards.co.The final entry deadline is Friday 20th June.Here's a summary of what Mark and PRmoment founder Ben Smith discussed:Mark tells us how his Pop Creative methodology works.“My focus has always been about having the right idea, rather than 5 or 10 good ideas.”Are there 2 types of creative directors in PR - those who come up with ideas and those who facilitate others to have ideas?What are Mark's top 3 most favourite creative campaigns he's ever worked on? Did Missing Type and Christmas Tinner make the cut? Will Mark ever return to PR as a creative director?“Having been a PR creative lead for over 20 years, I kind of felt that's a mountain I've climbed enough times.”Mark on why PR creativity has not changed in the last 20 years:“Our job, in a world of noise, is to grab people's attention.”“Great creative listens, it doesn't demand attention.”Mark on why don't we see more creative double acts in PR, in the way we tend to see creative partners in advertising?“Advertising is a different discipline…PR is story first.”Mark tells us which PR firm he enjoyed working for the most…Of the new crop of PR creatives, who is Mark a bit jealous of? Which firms' work does he like the most at the moment?Mark and Ben discuss whether earned creative is about to become the dominant creative channel.
Gazeteciler Savaş Kerimoğlu ile Sedat Bozkurt, bu haftaki Politi-Cast'te gündemin öne çıkan başlıklarını ele aldı. Cumhurbaşkanı Recep Tayyip Erdoğan'ın adaylık çıkışı ve MHP lideri Bahçeli'nin yanıtını değerlendiren gazeteciler, muhalefete yönelik operasyonlar ve muhalefetin siyasi hamlelerini anlattı. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's RaiseMasters Radio episode, Adam is joined by Cory Harelson of Freedom Investing Group. They talk about his powerful journey from overworked engineer to full-time mobile home park investor—and how one painful moment with his son sparked the change. They also dive into his recent wins, including oversubscribing a raise during a live webinar, and his thoughts on why now is a great time to buy in the MHP space. Cory also shares a sneak peek into his vision for mentoring operators on the real side of mobile home park operations. Resources mentioned in the episode: Cory Harelson Website LinkedIn Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre
In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner break down Equinor's potential cancellation of its $2.5 billion Empire Wind project off Long Island due to halted federal support, rising electricity costs, and lost tax credits. They also cover Ukraine's first bio-LNG export to the EU, Sempra's LNG pre-commissioning in Mexico, and Russia's multi-billion-dollar domestic fleet expansion aimed at Arctic shipping dominance. The duo wraps with market updates, falling oil service earnings, and insights into tariffs, LNG, and U.S.–Saudi energy ties.Highlights of the Podcast 00:00 - Intro02:07 - Ukraine's MHP delivers first bio-LNG supplies to EU03:55 - Equinor could axe wind project off New York within days07:35 - Sempra's ECA LNG export project starts pre-commissioning activities09:26 -Russia readies billions for domestic fleet buildout14:19 - Markets Update17:07 - Halliburton, Schlumberger Brace for the Next Oil Slump19:40 - OutroPlease see the links below or articles that we discuss in the podcast.Ukraine's MHP delivers first bio-LNG supplies to EUEquinor could axe wind project off New York within daysSempra's ECA LNG export project starts pre-commissioning activitiesRussia readies billions for domestic fleet buildoutHalliburton, Schlumberger Brace for the Next Oil SlumpFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –
The DOJ is investigating top medical journals for biased editorial practices, alleging they suppressed studies on COVID-19 vaccine risks and alternative therapeutics for partisan reasons. NBC reports the science publications (including CHEST, New England Journal of Medicine, and Obstetrics and Gynecology) were sent letters “questioning their editorial practices.” In response, medical journal The Lancet called the letters “harassment” and claimed science in the USA was being “violently dismembered” by all of these annoying questions being asked by the peasants. “This corrupt web of suppression, fraud, and retractions demands a legal reckoning,” writes epidemiologist Nicolas Hulscher. Dr. Ram Yogendra, MD, MHP, is a board-certified anesthesiologist with a public health background. He advocates for vaccine injury research, highlighting issues like the persistence of S1 spike protein in monocytes post-COVID-19 vaccination. More at https://x.com/dryostradamus and https://covidlonghaulers.com Elijah Schaffer is a journalist for The Gateway Pundit and the host of Slightly Offensive on Censored.TV. He's also a news presenter on Vigilant News Network. Schaffer filmed the Kyle Rittenhouse shootings, was inside the Capitol on January 6, 2021, and went undercover in groups like Antifa and BLM during the 2020 riots. More at https://x.com/ElijahSchaffer 「 SUPPORT OUR SPONSORS 」 Find out more about the brands that make this show possible and get special discounts on Dr. Drew's favorite products at https://drdrew.com/sponsors • FRESH PRESSED OLIVE OIL – Olive oil packs the most flavor and healthiest nutrients when it's fresh. Don't settle for stale supermarket olive oils – get it direct from small, award-winning farms! Get your free $39 bottle for just $1 shipping & taste the difference at https://GetFreshDrDrew.com/ • ACTIVE SKIN REPAIR - Repair skin faster with more of the molecule your body creates naturally! Hypochlorous (HOCl) is produced by white blood cells to support healing – and no sting. Get 20% off at https://drdrew.com/skinrepair • FATTY15 – The future of essential fatty acids is here! Strengthen your cells against age-related breakdown with Fatty15. Get 15% off a 90-day Starter Kit Subscription at https://drdrew.com/fatty15 • PALEOVALLEY - "Paleovalley has a wide variety of extraordinary products that are both healthful and delicious,” says Dr. Drew. "I am a huge fan of this brand and know you'll love it too!” Get 15% off your first order at https://drdrew.com/paleovalley • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at https://twc.health/drew 「 MEDICAL NOTE 」 Portions of this program may examine countervailing views on important medical issues. Always consult your physician before making any decisions about your health. 「 ABOUT THE SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (https://kalebnation.com) and Susan Pinsky (https://twitter.com/firstladyoflove). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. Learn more about your ad choices. Visit megaphone.fm/adchoices
MHP lideri Bahçeli, erken seçim tartışmalarına "Seçimler zamanında yapılacak ve bundan da asla taviz verilmeyecektir" açıklamasıyla son verdi. CHP, Türkiye'ye Eurofighter savaş jeti satış sürecinin ilerlemesi için girişimde bulundu. Bu bölüm NOW hakkında reklam içermektedir. NOW, Türk Eğitim Vakfı ile sürdürdüğü “Eğitime Devam” projesi kapsamında 23 Nisan'a özel bir film hazırladı. Filmi buradan izleyebilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
Gazeteciler Sedat Bozkurt ve Savaş Kerimoğlu, gündemi Politi-Cast'te değerlendirdi. Gazetecilerin masasında MHP lideri Devlet Bahçeli'nin verdiği mesajlar, AKP kurucusu ve eski TBMM Başkanı Bülent Arınç'ın sözleri ile Yozgat'ın siyasete "turpınan" yaptığı müdahalesi var. Learn more about your ad choices. Visit megaphone.fm/adchoices
1- Start off with a big thank you and recap of the Bubba Wingfield fundraiser from over the weekend 2- Ranting about Jackson and the mayors race, I'm still not convinced the Horne is the man for the job but he's 1000% better suited than Chokwe and at lease deserves a chance to be the Democrat candidate where he'll face off against one of the 3 really strong independent candidates such as my close friend and mentor Kim Wade, Zack Servis or Rodney DePreist (who I continue to forget about) 2- A Disgraced former MHP trooper seems to have a hard time keeping my name out of her mouth and using my image for clicks on her social media (which is funny because other than having to discuss her firing I've always treated this person fairly), it's funny what people will do when they become desperate for attention. On a positive note I guess I've reached a level where this should be expected and not frowned upon, I just regret ever having her on my show or handling her firing with kid gloves instead of speaking on it how I truly felt. Lesson learned, never hold back and never take it easy on someone who wouldn't do the same for you. 3- AG Lynn Fitch has indicted several Capitol Police officers who had to shoot some bad guys in Jackson to defend themselves in what's clearly nothing more than a political stunt to pander to Democrats as she ramps up for a potential run at the Governors office in 2028. I will do everything in my power to prevent that from happening after what she's done to these officers. 4- How are we ever going to get to Mars if we keep arresting all of our future rocket scientist, engineers and astronauts?
Lise öğrencileri, proje okullarından uzaklaştırılan öğretmenler için destek eylemleri düzenledi. MHP lideri Bahçeli, yargının İmamoğlu hakkında bir an evvel karar vermesi gerektiğini söyledi. Bu bölüm Max hakkında reklam içermektedir. BluTV, yerli hikaye anlatım gücünü daha zengin ve çeşitli içeriklerle birleştirerek küresel dijital platform Max olarak yenileniyor. Max ile buradan tanışabilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
Thank you for tuning in for another episode of Life's Best Medicine. Dr. Laura Buchanan is a double board-certified physician in family and obesity medicine with a passion for using lifestyle modification as the first-line standard of care. She is a certified metabolic health practitioner (MHP), and a Board and founding member of the Society of Metabolic Health Practitioners. She is also a certified Menopause Society Certified Practitioner (MSCP). Given the improvement she has seen in patient's mental health with low-carb diets, she also completed Dr. Georgia Ede's “Ketogenic Diets for Mental Health Clinician Training”. She completed her family medicine residency at Wake Forest in 2022 and was a valedictorian of her class at the University of Florida College of Medicine. In this episode, Drs. Brian and Laura talk about… (00:00) Intro (03:34) How Dr. Laura first became interested in metabolic health and her research work at Toward Health (06:11) Data and research on quality of life and mental health improvement for people on a keto diet (08:04) How Alzheimer's can improve on low-carb and ketogenic diets (09:19) The prevalence of food addiction among obese and diabetic people (10:43) Harm reduction versus abstinence strategies for dealing with food addiction (14:15) Some harmful ingredients found in many keto and low-carb replacement foods (17:10) Toward Health's upcoming study on the improvement of binge eating and food addiction symptoms on a low carb diet (20:55) Some strategies that can help people recover from binge eating and food addiction (23:30) Night-Eating Syndrome (26:37) The importance of community and engagement with people who can support you through your recovery and health journey (29:16) The incredible findings of Toward Health's employee wellness program study (33:38) The economic/medical pros and cons of GLP-1 medications (39:55) Sneaky sugars that most people are not aware of (46:42) The key take-aways from Toward Health's recent Employee Wellness study (57:24) Outro and plugs For more information, please see the links below. Thank you for listening! Links: Resources Mentioned in this Episode: DR DAVID UNWIN'S SUGAR INFOGRAPHICS: https://phcuk.org/sugar/ The Society of Metabolic Health Practitioners: https://thesmhp.org Dr. Laura Buchanan:: Toward Health App: https://toward.health/community/ Toward Health Employee Wellness Study: https://www.frontiersin.org/journals/nutrition/articles/10.3389/fnut.2025.1548609/full Twitter: https://twitter.com/LauraBuchananMD Website: https://www.iheartvitae.com/ Instagram: https://www.instagram.com/iheartvitae/?hl=en The Food Relationship Fix: https://toward.health/food-addiction-webinar/ Dr. Brian Lenzkes: Arizona Metabolic Health: https://arizonametabolichealth.com/ Low Carb MD Podcast: https://www.lowcarbmd.com/ HLTH Code: HLTH Code Promo Code: METHEALTH • • HLTH Code Website: https://gethlth.com
MHP lideri Bahçeli'nin sağlığı hakkındaki tartışmalar, aylar sonra ilk kez görüntülenmesi ile son buldu. Katar, Gazze'de arabuluculuk yaptığı İsrail ile birlikte ilk kez bir ortak tatbikata katıldı. Bu bölüm Destekar hakkında reklam içermektedir. Alışverişi eşitlik için bir fırsata dönüştüren tasarım dükkanı Destekar Dükkan, ihtiyaç sahipleri için kaynak yaratıyor ve gelirinin tümünü derneğin yardım çalışmalarına aktarıyor. Destekar ile buradan tanışabilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's episode is from Mobile Home Park #125 that originally aired on Feb. 4, 2021. Corey and I discuss how he got started in the MHP space as well as the system he's built to help him quickly get to scale in order to quit his full-time job. 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.
What form of renal replacement therapy should clinicians use for patients in the intensive care unit (ICU)? New research has connected the renal replacement therapy choice with mortality end points and renal replacement therapy dependency in patients with acute kidney injury. In this podcast episode, experts discuss their research in this area. Ron Wald, MDCM, MHP, professor of medicine at the University of Toronto, discusses his article, “Initiation of Continuous Renal Replacement Therapy Versus Intermittent Hemodialysis in Critically Ill Patients With Severe Acute Kidney Injury: A Secondary Analysis of STARRT-AKI Trial,” published in the November 2023 issue of Intensive Care Medicine. Jay Koyner, MD, professor of medicine and director of the nephrology intensive care unit at the University of Chicago, discuss his article, “Initial Renal Replacement Therapy (RRT) Modality Associates With 90-Day Postdischarge RRT Dependence in Critically Ill AKI Survivors,” published in the August 2024 issue of Journal of Critical Care. This podcast is sponsored by Vantive U.S. Healthcare. Vantive supports true patient-focused treatments with industry-leading CRRT technology and is a partner dedicated to optimizing your clinical success in treating patients with acute kidney injury. Our commitment to you starts with education and provides complete support every step of the way. Visit us at vantive.com.
MHP lideri Bahçeli, “PKK bir an evvel kongresini toplayarak fesih kararı almalıdır” dedi. İmamoğlu'nun tutuklanması üzerine başlayan protestoların ikinci gününde 9 ilde 20'den fazla üniversitede öğrenciler eylem düzenlendi. Bu bölüm WWF hakkında reklam içermektedir. WWF'nin 2007'den bu yana iklim krizine dikkat çekmek hedefiyle düzenlediği “Dünya Saati” etkinliği, bu sene 22 Mart günü 190'dan fazla ülkenin katılımıyla gerçekleşiyor. Ayrıntılı bilgiye buradan ulaşabilirsiniz. Learn more about your ad choices. Visit megaphone.fm/adchoices
#552 Happy Irish Drinking Holiday Happy Saint Paddy's day to all who celebrate! This episode is dedicated to you. Let's drink! Does Tumbledown sound like the Grateful Dead's "Me and My Uncle." Goldfinger, - learning songs and show preparation Loose talk about my current fitness routine and recovery from a toe injury. Listen now! Share with a friend. Leave a voicemail- 360-830-6660 --------------------- Check out the new MxPx album 'Find A Way Home' at MxPx.com and streaming everywhere now! Listen or watch "Linoleum" here TEXT LIST - Join our Text list by texting MXPX to 31996 MXPX - Self Titled Deluxe Edition I now have an Artist Series Music Man Stingray from Ernie Ball! You can order straight from the shop on the Music Man website. A portion of proceeds goes to MusicCares! MIKE HERRERA SIGNATURE SERIES BASS If you like the podcast- Subscribe, rate and review on Apple. Support what I do at MXPX.com and also add MXPX and Mike Herrera to your music libraries on whatever streaming platfrom you use. Producing and editing by Bob McKnight. @Producer_Bob
Es könnte das Ende eines jahrzehntelangen Konflikts sein. PKK-Gründer Abdullah Öcalan will den bewaffneten Kampf gegen den türkischen Staat aufgeben. Die Frage ist, ob seine Kämpfer ihm folgen. Es begann mit einem Handschlag im türkischen Parlament, den niemand verstand. Der türkische Ultranationalist, Devlet Bahçeli, Chef der Partei der nationalistischen Bewegung (MHP), ging auf Abgeordnete der linken, prokurdischen DEM-Partei zu. Bis vor kurzem eine undenkbare Geste. Nun scheint diese Geste in einer Sensation zu münden: Gestern verlasen DEM-Abgeordnete ein Schreiben, das der inhaftierte Gründer der kurdischen Terrororganisation PKK, Abdullah Öcalan, verfasst hatte. Öcalan rief darin die Kämpfer der PKK auf, die Waffen niederzulegen und die Organisation aufzulösen. In der aktuellen Folge von »Acht Milliarden« spricht Host Juan Moreno mit dem SPIEGEL-Auslandsreporter Maximilian Popp über die Ereignisse, die 40 Jahre türkische Innenpolitik auf den Kopf stellen. »Natürlich fand diese Annäherung nicht ohne Präsident Recep Tayyip Erdoğan statt. Er regiert seit 2018 mit den Nationalisten der MHP. Es gibt machtstrategische Gründe, warum Erdoğan sich auf diesen Friedensschluss eingelassen hat, innen- und außenpolitische, und ja, vielleicht ist auch einer seiner Beweggründe, sich für immer einen Platz in den türkischen Geschichtsbüchern zu sichern: als der Mann, der den bewaffneten Konflikt mit den Kurden beendet hat«, so Popp.+++ Alle Infos zu unseren Werbepartnern finden Sie hier. Die SPIEGEL-Gruppe ist nicht für den Inhalt dieser Seite verantwortlich. +++ Den SPIEGEL-WhatsApp-Kanal finden Sie hier. Alle SPIEGEL Podcasts finden Sie hier. Mehr Hintergründe zum Thema erhalten Sie mit SPIEGEL+. Entdecken Sie die digitale Welt des SPIEGEL, unter spiegel.de/abonnieren finden Sie das passende Angebot. Informationen zu unserer Datenschutzerklärung.
Interview with Andrew Penkethman, MD & CEO of Ardea Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/ardea-resources-asx-arl-bigger-than-the-picture-they-framed-us-to-see-238Recording date: 24th February 2025Ardea Resources (ASX: ARL) is making significant progress on its Goongarrie Hub, part of the Kalgoorlie Nickel Project, which contains 4.1 million tons of nickel and represents Australia's largest nickel-cobalt resource.The company has secured a strategic partnership with Japanese industrial giants Sumitomo Metal Mining and Mitsubishi Corporation, who will collectively invest $98.5 million to earn a 35% stake in the project. The final 15% will be issued upon a successful final investment decision, expected in Q1 2027.According to CEO Andrew Penkethman, the Goongarrie Hub is projected to produce approximately 30,000 tons of nickel and 2,000 tons of cobalt annually as a mixed hydroxide precipitate (MHP), with an estimated 40-year mine life. The project's Definitive Feasibility Study (DFS) is currently about 50% complete and expected to be finalized by late 2025, with production targeted to begin in 2029.The initial capital expenditure was estimated at AU$3.1 billion (approximately US$2 billion) in the 2023 Pre-Feasibility Study. Despite current low nickel prices of around $15,000 per ton, Penkethman emphasized that the project remains economically viable due to its scale, grade, and strategic location with existing infrastructure access.The partnership with Sumitomo and Mitsubishi brings more than just capital. It secures offtake agreements, with 75% of production allocated to the consortium partners, significantly enhancing bankability for future project financing. The company is also exploring financing tools including export credit agencies from both Australia and Japan, offtake prepayments, and potential government grants.Ardea's timing for production aligns with independent forecasts predicting a return to market deficit for nickel around 2029-2030. The company positions itself as an alternative to Indonesian production, which is dominated by Chinese-funded operations. Penkethman noted that major economies including Japan, the United States, South Korea, India, and the European Union are actively seeking diversity of supply and supply chain security.Despite the substantial strategic investment, Ardea's market capitalization remains around AU$100 million. The company maintains a concentrated shareholder base, with approximately 60% of shares held by about 40 shareholders, including Golden Energy and Resources, which holds more than 5%.Beyond the six deposits included in the current DFS, Ardea retains growth potential with three additional deposits within the Goongarrie Hub and 100% ownership of other projects containing approximately 2 million tons of nickel within the broader Kalgoorlie Nickel Project portfolio.View Ardea Resources' company profile: https://www.cruxinvestor.com/companies/ardea-resources-limitedSign up for Crux Investor: https://cruxinvestor.com
In this episode of the MHP, we dive into: • The WALRUS Audio BADWATER Bass Pedal and its standout features. • Behind the scenes at MXPX.com and the MXPX vinyl production process—what goes into making records fans love. • Reflecting on Sunrise Moments and the inspiration they bring. Tune in for gear talk, music insights, and much more this week on the MHP! - NOTE on the Southern California Wildfires: Trevor Jackson our good friend and former stage manager for MxPx lost his house. Donate thankrough his PayPal - @oneeyejackson And our friends Marko DeSantis and his wife Victoria and kids lost their house. Here's his post that includes a link to donate if you are inclined. “Update… FYI: Family is evacuated & safe; but unfortunately our sweet little blue Altadena house, everything in it & basically our entire neighborhood is gone. Surreal & so heartbreaking. One of Victoria's colleagues has set up a GoFundMe if you wish to donate and/or share: Everyone please stay out of harm's way & be vigilant. Love is louder than sadness…
Send us a textDoug Reynolds is a returning guest on our show! Be sure to check out his first appearances on episode 532 and episode 670 of Boundless Body Radio! Doug Reynolds, MHP, is the Founder and CEO of LowCarbUSA® and the Founder and President of the Society of Metabolic Health Practitioners.A software engineer by training, Doug's journey into the world of metabolic health is as compelling as it is transformative. Reflecting on his life, Doug realized that every decision, experience, and challenge - both good and bad - prepared him to seize the moment when the opportunity to create these groundbreaking organizations arose.What began as a personal story evolved into a mission to educate and inspire. Through his work, Doug explores the power of nutrition and lifestyle changes to reverse - and even prevent - the chronic metabolic conditions that affect so many people today, often without the need for pharmaceuticals.In his brand new book The Road to Metabolic Health, Doug shares his remarkable journey while providing readers with practical insights and reliable resources from his two websites, empowering them to take control of their health and transform their lives.Find Doug at-Doug Reynold's Virtual Book Launch! January 22, 2025 at 6 pm Eastern! Register here!https://www.lowcarbusa.org/DISCOUNT CODE- Use the code Boundless at checkout to save 20%!!!https://thesmhp.org/IG- @lowcarbusaTW- @lowcarbusaFind Boundless Body at- myboundlessbody.com Book a session with us here!
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.