{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Capitalizing Your Life Podcast","title":"From Medicine to Mobile Home Parks: Taking the Leap with Tim Woodbridge","html":"","width":"100%","height":180,"duration":1645,"description":"Episode 31 with Tim Woodbridge “So, me looking at that now I say, ‘Yeah, that's a sh*t deal.’  I'm glad that I didn't think of it like that. I'm glad I was excited. Because without doing that deal and figuring out how to do it, I wouldn't be where I am today. So anytime someone says, ‘That's a sh*t deal ,’or like, ‘Don't do that deal. That's a lot of headache.’ It's like, well, but don't discount the headache that you're going to have. I figured out how to do it because it was a headache, and I increased the value. I saw that there was potential.”Join Glenn as he interviews Tim Woodbridge, the co-founder of WC Investments. Tim began his career as a nurse but made the transition into real estate after discovering Mobile Home Park (MHP) investments in 2019. Under his leadership, WC Investments has developed a portfolio of 9 mobile home parks, totaling 273 spaces, a 34-unit apartment complex, and an RV park with 27 spaces. Tim and his company aim to provide high-quality affordable housing while ensuring optimal returns for investors. Glenn and Tim discuss:Discovering the potential of the MHP marketCreative deal structuring and financing for MHPsMarket perception and timingThe importance of cash flow and financingLearning from investment mistakesHow location can be a key factorEvaluating potential MHP opportunitiesResearching landlord laws in different marketsConsidering investments outside the local marketAffordability issues in the current marketPredicting future lot rent increases Episode Links:LinkedIn: @tim-woodbridge-62894855Instagram: @tim.woodbridgeFacebook: @tim.woodbridge.54YouTube: @tim.woodbridge https://linktr.ee/tim.woodbridge https://www.wcinvgroup.com/ ------------------------ THE MILLIONAIRE JOURNEY Invest with Glenn:https://www.verticalequityproperties.com/aboutwww.themillionairejourney.net https://www.verticalequityproperties.com/ LinkedIn: @glennyaney X (formerly Twitter): @glennyaney  Podcast Management by Kelly Carlson Creative Services","thumbnail_url":"https://img.transistorcdn.com/poMURXA4VnyYzengdntjVD1C6yPBkwnyTw02C7dqJPY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YzZj/MDk5MDVlOWM0ZGFi/MTJiNzBkODcwMGUx/MTA4My5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}