Real Estate Investing for Cash Flow with Kevin Bupp

#954 MHP: How Industry Experts Brandon Turner & Kolman Bubis have Built & Scaled MHP Investment Firms

11 snips
Oct 1, 2025
Coleman Bubis, founding partner at Sunstone Real Estate Advisors and MHC broker; Brandon Turner, founder of Open Door Capital and mobile home park operator. They discuss scaling through deal sourcing and assembling small parks. They cover building systems, hiring for culture, treating parks like businesses, winning off‑market deals, raising capital, and paths to scale including add‑ons versus big portfolios.
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ADVICE

Put Corporate Structure And Ops In Place Early

  • Build legal and operational structures up front so you can add parks without chaos.
  • Coleman Bubis warns scaling needs systems for entities, management, and compliance.
ADVICE

Hire For Culture First, Train Skills Later

  • Prioritize cultural fit over prior asset-specific experience when hiring.
  • Brandon Turner hired for shared values and lifestyle fit, then trained skill gaps.
INSIGHT

Track Record Lowers Transactional Risk

  • Proven track record makes you a preferred buyer and can win slightly better terms.
  • Coleman Bubis notes sellers favor buyers who've performed and reduce perceived transaction risk.
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