Alareia Master Class

Today’s guest is Brian’s long-time friend, Kevin Easterly. Currently investing in the West, Kevin and Brian met at a mobile home park boot camp. In today’s episode, Kevin shares stories of the good, bad, and ugly sides of real estate. Tune in to hear about the lessons he learned, and how he’s succeeding today.   Key Takeaways:   [2:10] Kevin didn’t have the best experience with his first mobile home park. He ended up putting more money into it than he was getting back and it turned into a money pit. He lost about $100,000 in a year on the property once he sold it. [6:15] After that loss, Kevin started researching and studying multi-family properties; he started going to shows and boot camps to learn more. He also got a mentor — finding someone who knows what they’re doing is a great asset to people just getting started in the business. [9:55] After the mobile home park, Kevin made his way through some single-family flips and four-plexes. He eventually purchased a 57-unit with two other partners; they all went