The Mobile Home Park Lawyer Podcast
Business:Investing
Welcome to another episode! Today, we're talking with Tim Woodbridge, a multifamily real estate owner/operator with a journey into mobile home park investing.
In December 2019, Tim acquired his first mobile home park, and now he oversees a portfolio of nine parks with just under 300 lots. His focus is on transforming distressed multifamily assets into thriving communities.
A former registered nurse for over eight years, Tim transitioned from healthcare to mobile home park investing within two years of his first acquisition.
In this episode, Tim discusses working smarter, recognizing deal parameters, the benefits of appraisals, actions for successful refinancing and real estate investing, planning for unexpected challenges, and the significance of working with brokers in real estate investing.
For those interested in mobile home park investing, Tim Woodbridge's journey provides insights into the practicalities of working with brokers, navigating mobile home parks, and making strategic moves in the dynamic world of real estate. Tune in for a no-frills exploration of the industry from an experienced perspective.
Highlights of the episode:
00:00:36 Guest Introduction & Background: Tim Woodbridge
00:01:27 Tim Woodbridge's Journey into Mobile Home Park Investing
00:05:00 Working smarter, not harder
00:10:02 Recognizing what you don't want in a deal
00:15:00 Benefits of Appraisals.
00:20:01 Taking Action for Refinancing and Real Estate Investing
00:25:00 Planning for the unexpected
00:30:00 The importance of good brokers
00:35:00 Working with brokers in real estate investing
00:40:01 Learning about mobile home parks
00:45:01 Tim Woodbridge's Helping Hand
00:45:55 Closing
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
Connecting with Guest:
Linkedin: https://www.linkedin.com/in/tim-woodbridge-62894855/
Instagram: https://www.instagram.com/tim.woodbridge/?hl=en
Facebook: https://www.facebook.com/tim.woodbridge.54
#MobileHomeParks #MHPInvesting #RealEstateInsights
Ep. 187 | Interview with Chuck Schierbeck on Manufactured Mastery: Navigating Mobile Home Investments and Market Trends
Ep. 186 | Interview with Rachel Hernandez on Mobile Home Adventures: Investing, Wholesaling, and Sales
Ep. 185 | Interview with Victoria Cowart on the Do's and Don'ts Concerning Pet Screening
Ep. 184 | Interview with Douglas Raney on When and How to Amend A Contract
Ep. 183 | Interview with Pasha Esfandiary on Buying Parks Before They're All Gone and Buying With Scale
Ep. 182 | Interview with Nicholas Yale on Operating Hybrid RV and MH
Ep. 181 | Interview With Kirby Horton on Adding Value to Communities
Ep. 180 | Interview with Jason Postill & Tyler Lekas on How to Grow Quickly in a Target Market
Ep. 179 | Interview with Emma Norman on Mobile Home Park Loans and Real Estate Financing Strategies
Ep. 177 | Interview with Max Baker on How to Work With Brokers To Win More Deals
Ep. 176 | Interview with Jose Garcia on Working with Lonnie Dealers and Home Flippers in your MHP
Ep. 175 | Interview with Ben Braband on How to Acquire MHPs with a Strategic Approach Towards Growth
Ep. 174 | Interview with Shawn Dwyer on How to Get Started Buying MHPs While Working a W2 Job
Ep. 173 | Interview With Steve Case on How to Use Master Lease And Option to Buy Parks
Ep. 172 | Interview With Derek Vickers on Buying Parks With POH and Tips for Florida MHPs
Ep. 171 | Interview with Jason Janda on How to Avoid Mistakes During Diligence
Ep. 170 | Ferd Niemann on Pushing Back Against a City on Fair Housing Grounds
Ep. 169 | Ferd Niemann on How Ancillary Services Provide Value and Resident Satisfaction
Ep. 168 | Interview With Ken Schefler on Navigating The Current MHP Sales Market
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