The Mobile Home Park Playbook for Financial Freedom

The Real Estate Investing Club

Join an active community of RE investors here: https://linktr.ee/gabepetersen  0:00 - Introduction & Welcome 1:06 - Tim's Real Estate Origin Story 2:23 - Why Mobile Home Parks? 5:35 - First Deal: 36 Lots for $250K 7:18 - The Infill Strategy That Doubled Park Value 10:08 - Evolving Strategy & Team Building 15:40 - Launching the First Real Estate Fund 20:04 - Education & Mastermind Recommendations 22:10 - Best Markets: The Southeast US 24:05 - Lessons from a Tough Deal & Best Win 29:27 - AI Tools & Property Management Software 33:30 - How to Connect with Tim Woodbridge  WELCOME TO THE REAL ESTATE INVESTING CLUB 🏡  Welcome back to another powerhouse episode of The Real Estate Investing Club with your host, Gabriel Petersen. If you've been searching for a proven, repeatable path to financial freedom through real estate investing, you are in exactly the right place. In this episode, we go deep on one of the most underrated and misunderstood asset classes in real estate — mobile home parks. Our guest is Tim Woodbridge of WCG Investments, who has scaled from a single $250,000 deal in 2019 to owning 25 parks with over 1,100 units in just six years. This is real talk, real numbers, and real strategy for serious real estate investors. 🎙️  WHY MOBILE HOME PARKS ARE THE ULTIMATE CASH FLOW ASSET 💰  Tim breaks down exactly why mobile home parks are one of the most recession-resistant, cash-flowing, and scalable asset classes available to real estate investors today. With sticky tenants, low expense ratios, and surging demand for affordable housing, this niche offers unmatched long-term stability. As the broader economy tightens, more people turn to manufactured housing — making mobile home park investing a powerful wealth-building strategy for both active operators and passive investors. Tim also shares the deeply personal story behind his connection to this asset class, and how improving residents' lives through infrastructure upgrades makes this business genuinely meaningful. 🌟 #realestateinvesting #mobilehomeparks #passiveincome #financialfreedom #realestatepodcast  Want to learn more about our guest? Connect here: https://wcginvestments.com/  Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at https://www.therealestateinvestingclub.com or click here: https://linktr.ee/gabepetersen

Transcript

00:05all right we are back with another episode of the real estate investing club i hope you guys are

00:10having a great day great week wherever you are and whatever day it is for you it is friday on

00:16the podcast we're bringing that good friday energy to you and this is going to be for all you guys

00:21out there who are interested in mobile home parks you know that is one of my favorite asset classes

00:26it's what i really like to buy as well and we have tim woodbridge with us from wc and wcg

00:31investments

00:32um he does mobile home parks too so he's here to talk shop he's opening his first fund as well

00:37so

00:38it'll be cool to hear kind of how that experience has gone for him um tim is a as a

00:42repeat guest i

00:43love having repeat guests on the show show if you guys have heard his his first episode um this will

00:48be going a layer deeper into his story so tim i'm excited to jump into this thanks for hopping on

00:55gabe thanks for having me on again man good to see you absolutely um we still we're keeping with

01:01the same structure so i'm gonna let's take it back to the beginning of your story in real estate

01:05and just refresh people on how you got here yeah um you know it's it's the same story as so

01:14many

01:14people it's i read rich dad poor dad i was excited about that i uh you know took action i

01:20read more i got

01:21and uh listened to podcasts i got in real estate uh local rias you know free rias and whatnot and

01:29uh

01:30yeah you know i heard about mobile home parks on bigger pockets when uh brandon was talking to frank

01:36rolf and i said i didn't even know you could buy that um and i went and i took action

01:41i took very

01:42imperfect action uh i don't even think i underwrote i mean well i i underwrote it super super rudimentary

01:50like um but yeah as someone who buying their first asset would yeah yeah exactly

01:58and uh yeah man i mean you know uh the first eventually led to the second and then the

02:06remember and now we own uh 25 uh a little over 1100 units nice man congratulations um so yeah let's

02:15let's go into that i mean mobile home parks i love that asset class it's uh for a number of

02:19reasons

02:19uh tell us why why mhp for you you specifically like what brought you into that world yeah so you

02:28know frank was talking about you got sticky tenants you got low expense ratios um uh you know it's it's

02:38i think he said it's it's you know relatively hands-on if you have an alternate on home

02:43uh clearly we both know that that's not necessarily the case uh if you have a good manager it is

02:50it's

02:50relatively but if you don't have a great manager you are it is not hands-off at all that's for

02:54sure

02:56yes exactly exactly um and not not to say frank was wrong at all just to say it's it's there's

03:04it's

03:05deeper than that um but so yeah i i like that i was excited by it and it was it

03:11was different than

03:11the norm um you know it was a little weird a little bit different um and i i like that

03:18i resonated with

03:19it um add that to the fact that like you know when my mom and dad divorced when i was

03:2410 my mom went

03:26and bought a beat up double wide uh in a poop that she you know paid to have like fixed

03:32up and

03:32i spent a lot of my teenage life in that that park and uh yeah man um i just i

03:40i liked it and i i like

03:42the possibility and it's interesting the more i do it the more i like the different aspects to it i

03:48mean

03:48i like today how it's one of the only non-subsidized affordable housing uh uh things out

03:55there for people i like how um you know when the economy gets worse and and people have to

04:04downsize people are coming to us and it's slow it's slow it cash flows well it's great for our

04:11investors it's great for us and it is great for us to be able to make a little bit of

04:17a difference

04:17you know if you're putting like we have recently in the last six months uh we we put new roads

04:24you know blacktop roads asphalt roads for um uh what used to be dirt roads and that's like a

04:31meaningful difference that we can make in the lives of people and it's just it's just such a

04:37good asset class man nice yeah yeah and um so you've when did you start buying again when did you

04:43first uh buy your first mobile home part december of 2019 2019 nice so it's been what this is 20

04:51or yeah so it's been about what is that five i can't do the math it's been six years since

04:56i love

04:56my first one nice so since you got started uh it's it's it's not early i don't have excuse for

05:04not doing math but anyways um since you got started since you went you know 2019 till 2026

05:10um that trajectory there's been a lot that's changed in mobile home parks themselves i'm sure

05:15when you're buying that first deal you're getting them you know i don't want to put a number on it

05:19but

05:19my first park i bought i think it was 500 000 it was cheap um and there's been a lot

05:24more entrance

05:25into the the space itself so how have you seen uh mobile home park investing running mobile home

05:32parks how have you seen that space change since you bought that first one in 2019

05:38yeah man i mean my first one was 250 000 for 36 lots but but i mean if you're going

05:44on a cap rate

05:45basis it wasn't a great deal um because there was only 10 uh it was you know 10 uh tenant

05:53-owned

05:53home uh people paying out of 36 and lot rent was like 125 bucks and so like people who were

06:00more

06:00experienced than me were like that's a bad deal don't buy it don't buy it and i said you know

06:07like it freaked me out i thought okay am i buying a bad deal am i gonna end up upside

06:11down or whatever

06:12but i bought it and i i learned that you know uh like i i i knew in commercial real

06:19estate you can

06:20you know improve occupancy so improve your gross income uh and decrease net you can improve the

06:27value of something just you know by increasing the occupancy in this one and so you know what i did

06:34i i brought seven homes in um and it more than doubled what we paid for when we you know

06:41refied

06:42after a year we got all our money back and everything and like the value went uh to 570

06:48at that point so it was like that magic thing um but back to your question you did you did

06:54infill on

06:55your first deal that's that's awesome i mean i don't i don't want to get into your story i mean

06:59i don't

07:00want to derail you but i am interested in that because infill in my eyes is the the only strategy

07:05that works now because all those deals that you can just pick up for for mom and pops are gone

07:10and now infill is the strategy and you did that on your first one so tell me about that process

07:15how

07:15did it work um how'd you get the deal or how'd you find the deals were you buying new all

07:19that stuff

07:21yeah so i bought uh let's see so it was pofit right and so covet came and uh legacy house

07:28uh housing

07:29mobile homes put out uh an email that said we'll finance 100 of these homes to people to park owners

07:36who have vacancy and uh you know i bought that park and i said to myself i have to fill

07:43this up i don't

07:43know how i'm going to do it but i have to so i was keeping an eye on things and

07:47so when they said

07:48they'll finance 100 of the homes you just have to you know pay for setup i said yes let's do

07:54it i

07:54didn't know how to do setup i didn't know anything and so uh i knew people who had done that

08:00though

08:01so i've got connections um you know i called the company i had them come out and do it it

08:07was way

08:07more than i thought it was going to be and compared to today it's it was probably it's cheap but

08:13uh yeah

08:14it was just a process of getting it figured out how how we can do that and so like a

08:19lot of my own

08:20out-of-pocket money went into to getting these homes set up um a lot of money put on the

08:26credit

08:26cards and it was it was just figuring out the process you know what do we need to do to

08:32get

08:32this done um what do we what do we need to do to get permits pulled from the county and

08:37yeah it it's

08:40not that it's hard it's just a lot of little steps um and so yeah man got it it figured

08:47out uh got

08:49people into the homes and again so all of a sudden the value of of the park went from

08:55oh i think it was 355 at close per appraisal to 570 a year later um and that's when i

09:03was like man

09:03commercial real estate that's magic

09:08yeah and uh and you're right i like that you said it's not that it's hard it's just that there

09:13are a

09:13lot of small steps and i feel like that is so true and something that really needs to be stressed

09:17for

09:17anybody looking to get into not even only mobile home parks but just any you know real estate asset

09:22class um you know it's not rocket science it's not hard to do it's not like you need to be

09:27a genius

09:28to do it it's just you have to do it you have to figure out the steps and you know

09:31you're going to

09:32be doing things that you don't know how to do for the first time and you're going to figure it

09:36out

09:36and then you're going to do it again and again and again and eventually you'll get really good at it

09:40you'll create processes around it and uh and it'll be a lot easier so from that first deal that you

09:47did

09:47you did the infill you got connected did you say the uh century 21 or what was the um the

09:52program

09:53that you used to infill uh legacy it was just through legacy homes they financed them in-house

09:59oh nice that's cool um so since that first deal or that that first experience that you had how has

10:07your investing strategy changed oh man it's like crazy first of all we don't do big infill projects

10:15because there there's too much of uh uh things that are out of our control you know like i uh

10:23if you remember in 22 like around then you know lumber prices shot up and so i bought six more

10:31of

10:31those same legacy homes same exact model uh in 22 and they went from 35 000 for dealer price

10:40to 53 000 roughly for dealer price and it was the same exact model so it's just uh you know

10:47i don't

10:48like uh we don't put investor capital in something that that has so much of a question mark in it

10:55so

10:56like our business plans now is uh you know light infill um you know light uh management uh making

11:07things a little bit better you know managing it better because we have really strong in-house

11:11operations um but really the biggest thing the biggest change from then to today is i have an

11:18amazing team that you know i i'm not at all the parks i'm not making all the calls it's like

11:24you

11:24know we got in-house management team we've got local community managers we've got i've got two

11:30amazing operations people on my team you know my partner matthias who was the coo of his his last

11:38company before he left to uh be in wcg um and then now we have a rock star um asset

11:48manager who uh used

11:50to work for uh open door capital and is now working with us and uh bringing all his uh all

11:58the stuff that

11:59he developed for udc and like all that kind of background and so like like we are very cognizant

12:06right now that um you know it's it's not the time where like you know everyone's doing amazingly it's

12:13it's times when there's probably uh you know more and more a general market crunch and so the things

12:21that are going to separate people uh companies that do well and companies that don't do well is the

12:28operations so we are doubling down on making uh sure we have solid solid operations um so like

12:37if there's any storm we we want to be able to weather that we don't want to lose sleep

12:44nice yeah and like you said i mean the team is what really makes it work um so let's reflect

12:49on

12:50that just a second 2019 you started it was just you you bought that home um since then you've grown

12:55your team what have been the kind of the inflection points that you found that had the biggest impact

12:59on um on your operations specific roles uh etc that you are or even processes that you felt like

13:07once you got them in place it night and day between um you know what happened before and then

13:14totally totally so like before i started working with matthias like i already was putting in place

13:22the in-house property management so it's like it wasn't nearly what it is today but the idea was

13:29there um you know make sure that we were able to really have control over day-to-day stuff i

13:37i had

13:37in in the meantime you know i had tried using third-party property management for parks and it just

13:42didn't work man no one cared and it doesn't it doesn't work for anything i'll tell you that much

13:48third party is just uh it's not the way to go yeah so so you know i was already developing

13:57that but

13:57then you know along came matthias and we knew each other from a mastermind and then uh we worked

14:05together on one deal that someone brought us both into and then we uh you know he hit me up

14:12and he's

14:12like hey i know you're in mobile home parks there's one up in a deal up in spartanburg south

14:17carolina i think it's good and i was like i don't know i don't think i think they want too

14:23much for

14:23it and he underwrote it and showed me why it's good and from there you know we've closed oh seven

14:31or

14:31eight different deals together you know now we're uh have a overarching company and all that stuff but

14:38that that was probably the biggest inflection point because he's so good at what i'm not good at

14:45um and vice versa and so we we just took it and you know gino wickman wrote rocket fuel and

14:52i 100

14:53think that that's us so uh you know i'm high level visionary he is uh in the trenches integrator

15:02and like able to to take the ideas and make really good systems and processes so you know we started

15:08working together and he implemented eos and um you know so we've got really good like weekly meetings

15:18to like track things and make sure things are actually getting done and uh yeah i mean that's

15:24he's he's the first one because you're actually the the third third third yeah the third episode in a

15:32row that is mentioned the eos system um as being one of the one of the pivotal you know elements

15:38that kind of brought them to where they are today uh so if that's any if any of you guys

15:42out there are

15:42listening to these episodes in a row and you you've seen that same uh that same trend i think now's

15:48the

15:48time to actually jump in and and read that book and get on the systems because there's something to

15:52it it seems like people are using it well um i do i do want to move us on because

15:57we've already

15:58passed the 15 minute mark i wanted to talk about your fund this is the first time you're raising a

16:03fund it's your first experience in it tell us a little bit about how that's gone what are the

16:07things that kind of um jumped out to you that you didn't realize before getting into it um just tell

16:12us about the entire fund process yeah yeah so you know we we've syndicated seven or so deals eight

16:21deals something like that so like it's we're not new to raising money um but

16:27after researching we we realized that the fund model uh first of all it enables us to always be

16:34raising always be talking with people um which also you know we're putting we're doing ads we're

16:41making sure to have consistent volume of uh in you know potential investor uh calls um but like the

16:50biggest thing is it's safer for our investors to to instead of like okay one deal if my one deal

16:57goes down their money's at risk and that thank god it hasn't happened but there's always that

17:03potential you know we'd be we'd be uh doing our investors a disservice if we weren't at you know

17:09at least thinking about that now it's like okay if i have a fund and there's five deals in this

17:16fund

17:16and one deal goes a little sideways well that's not you know we we can write it from another deal

17:24doing a little bit better so it's really just okay how do we how do we continue to serve our

17:30investors in the best way possible and you know we we listen to enough people and enough investors and

17:37this is uh this is what we've decided to do and it's it's not that hard it's just same as

17:43a syndication

17:44you know you talk to attorneys who are good at it and they yeah uh give you a big list

17:50of questions

17:50to answer so me and matthias and uh our partner vinnie whose investor relations answered all

17:55those questions and uh so yeah we're we're still in the process of getting it open uh to you know

18:02only accredited investors but that's that's our next move should be i'd imagine hopefully by the end

18:09of this month we'll have that open nice so that's perfect timing that's probably when this will go live

18:14um yeah the fun the fun model always uh has uh you know it makes sense to me and why

18:21you'd want to do

18:22it my and this is just my my ignorance on how it works um the accounting side sounds more difficult

18:28and i don't understand you know with a with a syndication it's you have a specific number of

18:33people that have invested in this specific asset whatever the ass however the asset performs

18:38is how their money performs with the fund you have multiple assets in in one fund um

18:44and i feel like the accounting you know calculating your returns and all that stuff would be would be

18:49difficult do you have any insight there that maybe i'm just being a a dunce on and not realizing or

18:54or how how does that work it it likely will be more complicated and i mean we use cash flow

19:01portal uh viddy our investor relations partner um is in terms of limits so yes it will likely be a

19:08little bit more work for him um and also so we are currently looking for a fractional

19:14cfo right now so um yeah yeah there'll definitely be uh it'll be more difficult um but that that's

19:26just kind of what we're expecting you know like we don't run away from difficult if it's uh gonna be

19:32an easier thing yeah well and like we were talking about earlier um nothing's rocket science you just

19:38got to figure it out and uh and just just step through the steps do it one at a time

19:42and eventually

19:42you'll figure it out all right uh well that does run it down we are at the 20 minute mark

19:48so it's

19:49time to jump into the quick question round are you ready yes let's do it all right it starts with

19:55education it could be any form could be a book you've read a movie you've seen conference you've

19:59gone to mentorship program you've been a part of i just need two recommendations one for general life

20:04wisdom and then one for real estate okay uh since it can be like a mastermind check out um

20:11ryan naris and michael pansolini check out their mastermind for mobile home parks they

20:16know their stuff um matias and i were part of that uh at the beginning of last year and we

20:22got some

20:23really really good insight for us specifically where we are in our business and how we can do better

20:29and we've been using that and it it it's it's really been going good nice and what is their uh

20:36what's their mastermind called you mentioned or do they have a name for it is it just those two guys

20:41bro i don't know um so uh you know you can find ryan naris he's got the uh mhp irl

20:49podcast um

20:51they both have the facebook group it's mobile home park something mobile home park mastermind i don't know

20:57i don't know yeah ryan naris and michael pansolini they're all freaking mixed arms in this space

21:02all right sounds good all right uh next question is for your younger self let's go back to the tim

21:09who was just looking at that first deal back in uh night or 2019 go back to him look him

21:15in the eye

21:15give him one piece of advice moving forward um ask someone for advice on due diligence and then do that

21:24oh wow i that's nobody's recommended that that is really good advice um we've i mean so many times

21:31on this podcast we've talked about how you know next question on one of these questions i'll ask is

21:37you know something that you ran into that that caused you cause your pain and what lessons you

21:40learn from it usually those lessons have to do with skipping steps and their due diligence

21:45and uh and so that is really good advice to go back to your younger self

21:49and and learn how to do due diligence better that is where you make your money is buying the deal

21:54and so making sure you you check off every single box um when you're going through and buying a deal

22:00is uh is super important so moving us on this is about the u.s it's a big place there

22:06is a lot of

22:06opportunity out there give me the single metro you're most excited about investing in today

22:14don't ask for a single metro so we we buy in the the southeast united states so the carolinas georgia

22:20alabama um looking at florida because that's where matias lives now um and there's some really good

22:27deals but um the fundamentals in the southeast u.s i mean you don't have a rent control uh so

22:34like as

22:35long as you're not a jerk and like you go in and try and jack up prices you know as

22:40long as you go

22:41slow and steady you can really uh do things well they're pretty uh what we've found pretty um

22:49landlord fair i think a lot of people say landlord friendly i don't think it's friendly i think it's

22:55more fair it's like okay if you haven't paid your rent you're probably going to lose your eviction

23:00and as it as it should be um so yeah uh we we have let's see we have a lot

23:08in sumter south carolina

23:09we have a decent amount in albany georgia and we're really looking at like these secondary markets

23:15and then just buying a lot there and just focusing in these different hubs yeah yeah that makes a lot

23:22of sense actually this is um not really related but uh it was interesting i saw a an infographic

23:28yesterday and it kind of they've it mapped out the population of the u.s in a very unique way

23:34but it just kind of um it showed you visually how many more people are on the east coast versus

23:40the middle of the u.s in the west coast it's just packed over there and so it's uh i

23:44don't know it's

23:45kind of an eye-opener for me to see how many people are are over there uh near you guys

23:49um anyways

23:51moving on to the next question this is about lessons learned um not every deal we get into goes

23:56the way we expect it in fact pretty much every single time something's going to go wrong and that's

24:01when we get to learn a lesson so what was a deal that went a little bit sideways for you

24:04and then

24:05what was the lesson you pulled from it um yeah so i mean i still have this deal and it's

24:13a heavy

24:13heavy infill uh deal and it's you know we talked about infill earlier and it's not that it's it's hard

24:21but it's difficult in that it's it's a lot of like stuff you know you gotta just keep at it

24:28and keep

24:29at it and keep at it so like because of all the potential you know all the moving pieces and

24:37the

24:37potential for issues and that's kind of why we're we're not doing any heavy infill things uh like

24:44sure you know there's people who would do it and do it really well and make it killing but that's

24:48just

24:49not our our specialty um we we like more low and slow we don't need that giant upside at the

24:56end if

24:57it makes it so there's potential risk in between um so yeah you know not not going crazy with the

25:04infill um and not buying deals that need all this infill to work well on that note do you um

25:11when you

25:12do buy light infill do you infill with new or do you guys buy old and rehab them new new

25:19i i've had

25:20too many too many bad uh with used homes gosh i had one guy rip us off for like

25:27close to 20 grand um and then a lot of like it's just it's just not worth it it doesn't

25:35make sense

25:35you can get something financed through vanderbilt um and you know buy a new home from them like why

25:44i don't know i used to do things where it's like i want to save every penny and like so

25:50buying use makes

25:51sense but it's not reliable and there's a different class of people generally this isn't i'm not talking

26:00crap on everyone but there's enough people that i've met in the used mobile home space that makes

26:06it really turns me off from from doing it anymore so i like going just direct to factories yeah yeah

26:12no

26:13i'm i'm with you there uh yeah we've run into our own share of issues there so i i totally

26:19get it but

26:20on that side i do it is nice i just like rehabbing things and i used to flip houses and

26:25i don't do it

26:25anymore but i just like the process and for some reason i'm a even if it's hard i just i

26:30just keep

26:30pounding my head against the wall i like seeing that end result but um but i'm with you it is

26:35it is

26:35definitely hard and sometimes not worth a headache um all right on the other side of that sometimes you get

26:41into a deal and everything seems to go right and that one stands out in your in your mind as

26:45your

26:45favorite so what deal was that for you uh yeah i love our oklahoma city deal we bought it 75

26:52pads

26:5274 occupied with tenant-owned homes uh it was managed by the owner and uh i remember so during during

27:03like

27:04the taking the deal down and you know i'm i'm the acquisitions lead so like at one point the guy

27:09uh we

27:10were running out of time and he wanted to just drop the deal so i had to like call him

27:15and be like

27:16okay let's figure this out you know what do you want and so i remember we i actually had to

27:21give

27:21him a couple hundred more thousand dollars um because he was honestly gonna drink that we're

27:26gonna lose emd all that stuff anyway so i called him and he's like he's like hold on hold on

27:32i'm at

27:32the park let me get in the shade it's it's oklahoma city it's summertime it's really hot i need to

27:38get in

27:38the shade and it's like this guy's 80 and he's going out and doing stuff so not saying that he's

27:43doing it poorly but just saying we're doing we're doing it better and uh you know we have all these

27:49systems and processes in place to do it better um but anyway i love this deal we've got a really

27:55really really great community manager who uh we made a partner in the deal um and uh yeah i i

28:04mean it

28:04it's just it's just a really really well run park we went up a little bit on the rent uh

28:10but it's

28:11still the nicest park in the area and below all the other uh crappier parks in the area uh in

28:19terms

28:19of lot rent and you know we're just we treat people well we had like an unexpected uh capex thing

28:26we had

28:27to put like uh i think like 50 grand into uh to make it you know just to for safety

28:33and to make it

28:34a keep it a good place to live but it's it's such a nice park um and it's just it's

28:41producing such

28:42great like consistent returns and that that's what i like you know i we don't need again you know we

28:48don't need the oh man this one has like so much everyone's gonna make millions and millions we need

28:55more consistent returns on things uh low and slow so give me a 16 to 20 irmr that is low

29:04and slow any

29:05day yeah yeah the less headache the better that is that is a good strategy to pursue for sure um

29:13all

29:13right that leads us to the second to last question this is a new question we've been asking it's about

29:18ai um ai is here to stay and i'm a huge proponent of it so i i like to ask

29:23guests how are you

29:25using ai in your business and how can uh reckon how you can you recommend people do the same

29:30yeah uh good question um so we haven't done it yet but we are working on ai answering service

29:38uh just because there's so much bandwidth that we can save for our uh you know back office in-house

29:45property management company um and then uh so we we went from buildium to rent manager um and so we

29:53started rent manager january 1st and so there's a couple things you know we're looking at in the

30:00pipeline that um that works directly with rent manager in that way um haven't implemented them

30:08yet but are like once we're solid with rent manager then we'll bring more uh different possibilities in

30:17uh rent manager is cool because it has a ton of like things where you can you can automate them

30:22anyway so yeah we're i'm a big proponent of that it's funny you mentioned that i've i'm curious

30:28why and we're going to get off on a tangent here for a second guys but i'm curious why um

30:33you made

30:34that change you know i use uh at folio buildium ess storage you know i've used all these different

30:40crms but um i keep people hearing people especially in the mh space say you know tout how awesome rent

30:47manager is why do you feel why do you like that especially over building because i do use that why

30:52do you

30:52like that over building okay so i think we have to so i even i like iphones because they're simple

31:03it's like it you know very user-friendly and so i like building because of that um matthias and like

31:11it loves all the like powerful back windows and i mean linux yeah yeah yeah yeah and it's linux

31:19exactly um so like i i i like that i like how powerful the back end is i like how

31:26powerful the

31:27reporting is going to be if it was just up to me though i wouldn't set it up because it's

31:31it's

31:32complicated there's a lot to it but matthias um and christoph are taking the lead with really getting

31:39rent manager so like it's so we can really utilize that powerful um uh back end of rent manager

31:47and so like that that that's it man like it's helping us to elevate to the next level in our

31:56operations and really like get to the bottom of uh you know that really high level well high level

32:04and also detailed asset management so like you know uh we're talking had a meeting uh the other day

32:11where christoph was like okay you know based on on all the stuff like that i'm seeing uh in uh

32:18his

32:18asset management software he's like what about like why are we paying this much for utilities and so

32:25it's like okay we can get down to the the brass tax of it of increasing revenue and decreasing expenses

32:31through like just the powerful software so i i love the end result of it yeah yeah and i that's

32:40that

32:40is what i've heard about rent manager it has it's just a lot more detailed and you can provide a

32:44lot

32:45more things and actually um one small thing that that building doesn't have um at folio doesn't have

32:51the only other uh crm that i've used is ess uh but just a physical layout of your of the

32:58building and

32:59in a or of the structure the asset in kind of a map format so you can see the different

33:04units physically

33:04from the top down um i know rent manager has that and i just i wish every single property management

33:11software had that because i just like to be able to see it top down and you know see everything

33:16visually right there in front of me um anyways we'll get off of that uh that side and we'll go

33:21to

33:21the very last question this is for listeners you've given us a lot to think about i'm sure people want

33:26to reach out get in contact with you this is a two-parter where can they find you and then

33:30what can

33:30they expect when they reach out uh yeah so any uh potential investors um you know you can find us

33:39at wcginvestments.com um for anyone who wants to learn about mobile home parks you know you think

33:48that hey i might be interested in that hit me up on facebook hit me up on instagram uh tim

33:54.woodbridge

33:54on instagram tim.woodbridge 54 i think on facebook i'm i'm easy to find i'm definitely uh uh find joy

34:06and giving back to others some like um i presented on capital raising this past weekend um and to all

34:16these people who are a little bit newer and you know i'm all about helping me three to five years

34:22ago

34:22because i know like that would have that would have been such a game changer so i i think you

34:28know

34:28anyone who has any any little bit of success has a responsibility to help others um with with that

34:37you know nice yeah absolutely i couldn't agree more um and it's so it it it is you know i

34:43i didn't get a

34:44mentor when i first started and i wish i had uh because it would cut the time down just in

34:49even more

34:50than a half it would cut it into you'd only have to do 25 of what you actually because you

34:54get to

34:54learn from there you know learn from their mistakes learn from their processes so um i love to hear

34:58that i will put that contact in our info in the show notes so if you guys want to reach

35:03out to tim

35:03all you got to do is click the little more in the description it'll pull down that full description

35:08and in there you can find his links all right man that wraps it up thank you very much for

35:14offering on the show thank you so much gabe appreciate you man absolutely for everybody

35:20who's with us today thank you guys for showing up you are the reason we do this so if you

35:23guys

35:23have any questions reach out to me gabe at the real estate investing club.com if you guys want to

35:28support the show just leave us a review comment anything like that other than that i hope you guys

35:32have a great week keep rocking real estate and i look forward to seeing you on the next episode

35:37you

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