The Real Estate Investing Club

Why Smart Money Is Fleeing Apartments for Mobile Home Parks with Tim Woodbridge

Gabe Petersen Season 1 Episode 581

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🏠 DISCOVER THE MOBILE HOME PARK STRATEGY THAT'S BUILDING A $250 MILLION PORTFOLIO 🏠

In this revealing episode of The Real Estate Investing Club podcast, host Gabe Petersen interviews Tim Woodbridge, who shares his incredible journey from being a nurse to building a mobile home park empire targeting $250 million in assets by 2030! 💰 Tim reveals his proven strategies for acquiring underperforming mobile home parks and transforming them into cash-flowing investments that provide affordable housing to thousands of people while generating exceptional returns for investors.

FROM HEALTHCARE TO REAL ESTATE MILLIONAIRE 📈

Tim takes us through his fascinating transformation from working as a nurse for eight years to discovering mobile home park investing through Frank Rolfe on the BiggerPockets podcast. His first deal was a 36-pad park with only 10 occupied units at $125 lot rent, which he successfully grew to 19 units in just one year, forcing appreciation from $355,000 to $570,000 and allowing him to refinance and pull all his capital back out. This success story demonstrates the incredible potential of mobile home park infill strategies for building wealth quickly.

ADVANCED DEAL STRUCTURING TECHNIQUES REVEALED 🎯

Learn Tim's innovative three-offer strategy that gets deals done when others can't. He shares his creative seller equity approach where sellers receive 10-19% ownership in the new LLC at ultra-low interest rates, allowing buyers to offer higher purchase prices while maintaining investor returns. This technique, combined with traditional cash offers and seller financing options, gives Tim multiple ways to structure deals that work for both buyers and sellers in today's challenging market environment.

BUILDING A RECESSION-RESISTANT REAL ESTATE EMPIRE 💡

Discover why Tim focuses exclusively on mobile home parks in secondary and tertiary markets throughout the Southeast, avoiding the shiny object syndrome that destroys so many real estate investors. His company WCG Investments targets conservative infill strategies, professional property management systems, and maintains a goal of 2X equity multiples for investors within five to seven years. Tim reveals why mobile home parks provide essential affordable housing while generating superior cash-on-cash returns compared to traditional multifamily properties.

THE PSYCHOLOGY OF SUCCESSFUL DEAL MAKING 🤝

Tim shares his philosophy that "you don't find deals, you make deals" and explains his collaborative approach to working with brokers and sellers. Instead of adversarial negotiations, he focuses on getting everyone on the same side of the table to solve problems together. His follow-up strategy of calling sellers every two months has resulted in multiple successful acquisitions when properties failed to sell at listed prices.

This episode is packed with actionable strategies for anyone interested in mobile home park investing, alternative real estate assets, or building a recession-resistant investment portfolio that provides both strong returns and social impact through affordable housing solutions.

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