
Tim Woodbridge shares his journey from addiction recovery to building a successful mobile home park portfolio.
309 - From $250K to $570K in 14 Months: How Tim Woodbridge Built a Mobile Home Park Empire Through Recovery and Resilience What if the deal everyone told you was bad turned out to be the foundation of an 1,100 lot portfolio? Tim Woodbridge bought his first mobile home park for $250,000 in 2019 with only 10 of 36 lots occupied. Experienced investors told him to walk away. Fourteen months later, after bringing in new homes and raising occupancy, that same property appraised for $570,000 and he returned every dollar of investor capital through a refinance. This episode is proof that your first deal does not have to be perfect to change the trajectory of your life. Tim is the founder and acquisitions lead at WCG Investments, where he and his two partners now manage roughly 25 mobile home parks and more than 1,100 lots across the southeast. He breaks down exactly how mobile home park investing works, including the hybrid ownership model his company uses to balance investor returns with affordable housing for tenants, and why he targets a 16 to 20 percent IRR that roughly doubles investor capital over five to seven years. He also opens up about being in long-term recovery from drugs…
Host: Jen Josey
Guest: Tim Woodbridge
Organizations: WCG Investments
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