In this episode of the Massive Passive Cashflow Podcast, I sit down with investor and operator Jack Martin, Co-Founder & Chief Investment Officer of 52TEN, to break down why mobile home parks (MHPs) can be the most stable cash-flowing real estate when structured as tenant-owned homes (TOH) on leased land. From renovating SFRs and scaling multifamily to building an institutional-grade MHP platform, Jack explains the playbook: buy quality assets, stabilize, return capital, then keep the long-term coupon—with powerful bonus depreciation along the way.

An Army veteran turned entrepreneur, Jack co-founded 52TEN, an Arizona-based, vertically integrated investment firm specializing in the acquisition and repositioning of mobile home parks. The firm manages 1,800 lots across 5 states with $60M in private investor capital, helping clients invest with confidence using a long-term, tax-favored strategy. Jack’s broader background spans $450M+ in acquisitions/dispositions across residential and commercial assets, general contracting and development, and capital management.

We discuss how to underwrite institutional-quality parks (often 100+ lots), why TOH beats POH for durability and maintenance, what markets and regulations to watch, and how agency debt (Fannie/Freddie) and expense discipline (often ~30–40%) shape returns. If you’re an investor seeking durable income, low turnover, and smart tax planning, this episode is your blueprint.

What You Will Learn:

• How Jack “tripped” into mobile home parks—and why he never looked back
  
  

• Why tenant-owned homes (TOH) create exceptional stability & low turnover (avg. stays can approach ~15 years)
  
  

• The supply reality: for every 1 park built, ~10 are redeveloped—how scarcity impacts value
  
  

• A simple market screen: affordability gap (median home price ≈ $300k+), plus job & population growth
  
  

• Regulation & rent control: why owner-friendly jurisdictions matter—and how policy affects capex and community outcomes
  
  

• Underwriting the deal: target lot counts, quality thresholds, and getting agency-eligible debt
  
  

• Expense & utilities 101: typical 30–40% expense ratios; power direct-billed; water/sewer sub-metered & billed back
  
  

• The 52TEN playbook: buy great assets → stabilize → refi/supplemental → return capital → hold the coupon
  
  

• Tax angle: how bonus depreciation can create meaningful passive losses on K-1s (consult your CPA)
  
  

• Who can invest (accredited only) and the minimum check size ($100k)
  
  

Links & Resources:

• Website: https://52ten.com/

• LinkedIn: https://www.linkedin.com/in/jack-martin-52ten/

Attention Investors and Agents:
Are you looking to grow your business? Need to connect with aggressive, like-minded people like yourself? We have the tools, knowledge, and coaching to help you thrive and positively impact your bottom line.
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Disclaimer: This episode is for educational purposes only and does not constitute tax, legal, or investment advice. Please consult your own professionals.

In this episode of the Massive Passive Cashflow Podcast, I sit down with real estate investor and serial entrepreneur Tom Dunkel to unpack nearly 30 years of hard-won lessons in building wealth through strategic investing. From his early days in aerospace mergers and acquisitions to building a $63M distressed mortgage debt business, Tom shares how he transitioned from corporate finance to financial freedom—using real estate as the vehicle.

As the Managing Director of Eagle Capital Investments, Tom has raised over $50 million across four asset classes and helped investors gain access to institutional-quality deals through his innovative fund-of-funds model. A battle-tested entrepreneur, Tom has built two 8-figure companies, failed on six others, and mentored countless entrepreneurs along the way. Outside the boardroom, he's an avid golfer, lead singer in a rock band, and a dedicated philanthropist supporting causes like Tunnels to Towers and a memorial scholarship at William & Mary.

We discuss his fund-of-funds investment model, raising private capital, generating passive income through private lending, and the importance of finding your niche in a competitive real estate market. Tom also opens up about building (and rebuilding) businesses, giving back through charitable causes, and living a life designed around freedom, impact, and purpose. If you're a real estate investor, entrepreneur, or anyone looking to grow smarter and invest wiser, you won’t want to miss this episode.

What You Will Learn:

• How Tom transitioned from aerospace M&A to real estate after being fired in 2006

• The strategy behind his $63M distressed debt business and what made it work

• What went wrong with his earlier business ventures—and what he learned from the failures

• Why finding your niche is critical to building a successful real estate company

• How to structure fund-of-funds deals that benefit both operators and investors

• The importance of education, agility, and building the right team

• How Tom is using his success to give back through music, mentorship, and charitable giving

Links & Resources:

Email:tom@eaglecapitalinvestments.com

Phone Number: (610) 761-8940

Eagle Capital Investments Website: eaglecapitalinvestments.com

Attention Investors and Agents: Are you looking to grow your business? Need to connect with aggressive, like-minded people like yourself? We have the tools, knowledge, and coaching to help you thrive and positively impact your bottom line.

👉 Visit: Join GIA Team | The Global Investor Agent Team to explore what we offer and schedule your FREE consultation.

📘 Our NEW book is out: Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX

🎓 Join us for Monday Night Live (MNL) – a FREE weekly class packed with action steps you can take right now! Register here: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

If you enjoyed this episode, don’t forget to rate, follow, share, and leave us a review! Your support helps us grow the show and bring on more incredible guests like Tom Dunkel.

Luis Belmonte is a founding partner of Seven Hills Properties and one of the original executives behind AMB Property Corporation, now known as Prologis—the world’s largest industrial REIT. Over his expansive career, Luis has developed more than 18 million square feet of warehouse space across the U.S., Mexico, Japan, and Singapore. A Navy veteran, industry thought leader, and author of several real estate books, Luis brings a unique blend of grit, global experience, and wisdom that only decades in the trenches can produce.

In this episode of the Massive Passive Cashflow Podcast, Luis shares the defining moments that shaped his career—from post-Vietnam beginnings and navigating one of the largest bankruptcies in U.S. history, to becoming a pioneer in industrial development and launching his own firm focused on low-income housing and neighborhood retail. With candor and humor, Luis walks us through what really works in real estate, the lessons learned from scars earned, and how to position yourself to thrive—especially during downturns.

What You Will Learn:

• Who is Luis Belmonte, and how did he go from finishing rehab jobs for friends to becoming a top U.S. developer?

• The strategy behind scaling 18 million square feet of industrial development across multiple countries

• How Luis navigated one of the largest real estate bankruptcies in U.S. history—and came out wiser

• Why Seven Hills Properties was built to own and operate deals, not just chase capital

• The Walgreens playbook: how they built and sold 30 drugstores to create long-term equity

• How to survive and thrive through seven recessions by building for resilience

• What investors and developers need to understand about political influence in low-income housing

Links & Resources:

Email: LBelmonte@7hp.com

Website: http://www.7hp.com/

Phone Number: (415) 845-2199

Books by Luis Belmonte:

Street Dog Manager: https://a.co/d/4WQ0yOz

Street Dog MBA: https://a.co/b4hJQ8K

Street Dog Negotiator: https://a.co/hIQat3M

Attention Investors and Agents: Are you looking to grow your business? Need to connect with aggressive, like-minded people like yourself? We have the tools, knowledge, and coaching to help you thrive and positively impact your bottom line.

👉 Visit: Join GIA Team | The Global Investor Agent Team to explore what we offer and schedule your FREE consultation.

📘 Our NEW book is out: Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX

🎓 Join us for Monday Night Live (MNL) – a FREE weekly class packed with action steps you can take right now! Register here: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

If you enjoyed this episode, please follow, share, and leave us a review! Your support helps us reach more real estate professionals and bring you more impactful guests like Luis.

In her 40s, Melissa lost her multi-million-dollar business and hit financial rock bottom. She took a corporate job she hated just to stay afloat, all while raising four kids and feeling stuck in a cycle of bills, burnout, and no clear way out. But Melissa rebuilt her wealth one property at a time and now manages a $5M+ real estate portfolio—all while living a life filled with purpose, time, and flexibility. More importantly, she’s helped 1,000+ investors do the same, with her community now owning over $600 million in real estate. She’s the perfect guest to talk about building a second act, making smarter money moves after 40, and how to invest in real estate without becoming a landlord.

In our conversation, Melissa shares how she went from an “accidental” landlord to creating what she calls the Lazy Investor Method. She opens up about early mistakes—like assuming tenants would “magically appear”—and the lessons she learned about property management, problem-solving, and treating real estate like a business. She also explains why holding properties long-term often outpaces flipping and how the right team can make out-of-state investing both doable and profitable.

What You’ll Learn in This Episode

• How Melissa turned financial rock bottom into a $5M+ real estate portfolio

• The “Lazy Investor Method” for creating passive income without being a landlord

• How to build wealth after 40 through turnkey rentals and smart money moves

• Why long-term rental investing can outperform flipping for financial freedom

• Tips for choosing landlord-friendly states and high-cash-flow markets

• The power of outsourcing property management to create true time wealth

Resources & Links:

Website:https://www.hellomelissanash.com/

Facebook: https://www.facebook.com/ladyluckinvestments

Instagram:https://instagram.com/hellomelissanash/

Youtube: https://www.youtube.com/@hellomelissanash

Attention Investors and Agents

• Are you looking to grow your business?

• Need to connect with aggressive like-minded people like yourself?

• We have all the right tools, knowledge, and coaching to positively effect your bottom line.

• Visit: Join GIA Team | The Global Investor Agent Team to see what we can offer and to schedule your FREE consultation!

Our NEW book is out…order yours NOW!

Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift?

Get your copy here: https://amzn.to/3SV0khX

HEY! You should be in class this coming Monday (MNL). It’s Free and packed with actions you should take now! Here’s the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

Ken Gee is the Founder and Managing Member of KRI Partners, a real estate private equity and investor education firm. With more than 26 years of experience in real estate, banking, and private equity, Ken has been involved in transactions valued at over $2 billion—covering acquisitions, management, and financing of multifamily projects. Before launching KRI Partners, Ken was a CPA with Deloitte’s tax & M&A practice, serving some of the largest private equity and real estate firms in the country. Earlier in his career, he worked as a commercial lender at a regional bank in Cleveland (now PNC) and even operated certified Cessna Pilot Centers, training pilots for the Delta Connection program.

In this episode, Ken shares how he transitioned from CPA to multifamily investor, why multifamily is one of the most reliable asset classes, and the mindset shift that led him to leave corporate life behind. We also explore how to overcome the biggest barrier new investors face, the formulas Ken uses to evaluate deals, and how both active and passive investors can build long-term wealth through multifamily real estate.

• Who is Ken Gee, and how did his career path lead from CPA and commercial lending into multifamily real estate?

• What pivotal moment convinced Ken to leave Deloitte and pursue real estate full time?

• Why does Ken believe cash flow is king, especially for new investors?

• What’s Ken’s formula for evaluating multifamily deals and hitting return objectives?

• How do value-add strategies—like rent increases, storage, and garages—create exponential property appreciation?

• What holds most people back from buying their first multifamily property, and how can partnerships solve the “I don’t have the money” problem?

• How does Ken help both active investors (who want to run deals) and passive investors (who want hands-off income)?

• Why does vertical integration in property management give KRI Partners an edge in execution?

• What free resources does Ken provide to help investors learn and get started?
  
  

Ken’s journey from CPA to multifamily investor offers a blueprint for anyone looking to transition into real estate, whether you want to be hands-on with deals or simply invest passively for steady returns.

• Email: kgee@kripartners.com

• Website: kripartners.com

• Phone: 330-467-1985

• LinkedIn: linkedin.com/in/geekennetha

• Instagram: @kengee_kri

Attention Investors and Agents

• Are you looking to grow your business?

• Need to connect with aggressive like-minded people like yourself?

• We have all the right tools, knowledge, and coaching to positively effect your bottom line.

• Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation!

Our NEW book is out…order yours NOW!

Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift?

Get your copy here: https://amzn.to/3SV0khX

HEY! You should be in class this coming Monday (MNL). It’s Free and packed with actions you should take now! Here’s the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg