『Real Estate Investor Growth Network Podcast』のカバーアート

Real Estate Investor Growth Network Podcast

Real Estate Investor Growth Network Podcast

著者: Jen Josey
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Join like-minded real estate investors and accelerate your business toward greatness!REI Growth Network LLC マネジメント・リーダーシップ リーダーシップ 経済学
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  • 309 - From Addiction Recovery to 1,100 Lots: The Mobile Home Park Strategy Nobody Talks About with Tim Woodbridge
    2026/06/22
    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 and alcohol and living with multiple sclerosis, and how both experiences shaped a leadership philosophy built on meeting people exactly where they are. This episode is for accredited investors looking for a recession-resistant alternative to apartments and single-family rentals, for anyone curious about how mobile home parks actually generate returns, and for investors who need permission to stop waiting for the perfect deal and start taking action. If you have ever felt stuck in analysis paralysis, Tim's story is the push you need to hear today. 5 Powerful Takeaways How Tim turned a $250,000 mobile home park with 26 empty lots into a $570,000 asset in just 14 months by financing new homes through a manufacturer infill program during COVIDWhy chasing a "perfect" deal kept other investors on the sidelines while Tim built a portfolio that now spans 25 parks and over 1,100 lotsThe hybrid ownership model WCG Investments uses to balance park-owned homes, rent-to-own homes, and tenant-owned homes, so they never overpay for a single rigid strategyWhat accredited investors can actually expect to earn with a $50,000 minimum investment, including monthly distributions and a target of doubling their capital within five to seven yearsHow Tim's long-term recovery from addiction and his multiple sclerosis diagnosis reshaped his approach to leadership, partnerships, and treating every tenant and investor like a human being first 00:00 Show Intro 00:40 Badassery Bestowment 01:01 First Deal Mindset 03:11 Meet Tim Woodbridge 04:35 Recovery and MS 09:04 Serving Residents 10:19 First Park Breakdown 14:56 Hybrid Ownership Models 16:54 Depreciation Myth 18:26 Risks and Resilience 20:03 Affordable Housing Shift 21:09 Tenants vs Investors 21:35 Recession Resistant Strategy 23:19 Investor Terms Explained 24:12 Returns Example Breakdown 25:38 Meet WCG Investments 26:30 Scaling Base Hits 28:21 Badass Books Advice 29:42 Drive Goals Systems 34:13 Partnership Tips 35:40 Defining Success Wrap About the Guest Tim Woodbridge is the founder and acquisitions lead at WCG Investments, where he helps accredited investors build recession-resistant portfolios through mobile home park investing. He purchased his first park in December 2019 for $250,000 and doubled its value within 14 months through a strategic refinance. Today, he and his partners manage roughly 25 parks and more than 1,100 lots across the southeastern United States. A retired nurse, Tim is in long-term recovery from drugs and alcohol and lives with multiple sclerosis, experiences that shape a people-first approach to both his tenants and his investors. He is currently working toward $250 million in assets under management by 2029 and is driven by a long-term goal to help end homelessness in the United States by 2050. Resources & Websites Mentioned WCG Investments: https://wcginvestments.com Mobile Home Park Store: mobilehomeparkstore.com To learn more about Jen Josey, visit https://www.therealjenjosey.com/ To join REIGN, visit https://www.reignmastermind.com/ Stuff Jen Josey Loves: https://www.reignmastermind.com/resources Buy Jen Josey's Book: From Beginner to Badass: https://a.co/d/bstKlby New episodes drop every Monday Morning at 6am EST. See you next time.
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    39 分
  • 308 - He Lost 6 Figures as an LP and Then Became the Guy Who Vets the Operators
    2026/06/15
    308 - From 52 Houses to Fund Manager: How Tom St. John Built a Portfolio Powered by Discipline, Loss, and Unshakeable Due Diligence What happens when a single telescope changes everything? For Tom St. John, watching his father retire after 32 years at a power plant with nothing but a telescope as a gift was the moment that cracked his world open. That telescope became a symbol of what following the rules without building real assets actually gets you. Tom made a vow to find another way, and what followed was a decades-long journey through single-family rentals, multifamily acquisitions, devastating loss, and hard-won wisdom that now fuels NorthCorp Capital, his private capital allocator and fund management firm based in Toledo, Ohio. Tom's story is not a highlight reel. He built a portfolio of 52 single-family homes, auctioned off nine of them at minimum bids just to scrape together a down payment on his first multifamily deal, and then lost his brother and maintenance manager in a tragic car accident that forced him to run everything alone for six years. He later lost six figures as a limited partner by trusting the wrong operator, and that painful lesson transformed him into one of the sharpest due diligence practitioners in the private markets space. Today, Tom vets operators for a living, manages funds across multifamily, real estate debt, and private credit, and delivers annualized returns of 12% to accredited investors who want the economic benefits of real estate without the operational headaches. If you are a real estate investor wondering whether to stay in the grind of active operations or start thinking about passive investing and private alternatives, this episode will shift how you see both. Tom breaks down exactly how he stress-tests deals, what operator red flags look like in the wild, how to increase net operating income by improving tenant experience, and why significance matters more to him than success. Whether you are just starting out or ready to level up into multifamily or fund investing, you will walk away with a smarter framework and a deeper sense of what building a lasting portfolio actually requires. 5 Powerful Takeaways Auctioning nine houses to fund his first multifamily deal taught Tom that letting go of smaller assets strategically is often the fastest path to real scale, and that conviction in the right next move matters more than comfort. After losing six figures to the wrong operator, Tom learned to invest in people first and deals second, focusing on track record through difficult markets, conservative underwriting, and whether operators earn based on performance rather than fees. Increasing net operating income does not start with jacking up rents. It starts with building community, improving tenant experience, and making residents want to stay, because one lease renewal is worth far more than a $100 rent bump. High-pressure sales tactics from operators ("We're 85% subscribed, invest now!") are a major red flag that signals someone is in the business of raising money, not managing property. Tom's shift from pursuing growth and net worth to pursuing income replacement and significance is a mindset upgrade that every investor scaling toward time freedom needs to hear. About the Guest Tom St. John is the founder of NorthCorp Capital LLC, a private capital allocator and fund management firm based in Toledo, Ohio, with over 20 years of experience in real estate and private markets. Tom began his real estate journey in 2005 after watching his father retire from 32 years at a power plant with almost nothing to show for it, which set him on a relentless path toward financial independence. He built a 52-unit single-family portfolio, transitioned into multifamily, and navigated serious personal losses including the death of his brother and a six-figure loss as a limited partner, each of which sharpened his operational and due diligence skills. Today Tom manages funds across multifamily syndications, real estate debt, and private credit, helping accredited investors access vetted operators and stable income streams. He is known for his thorough stress-testing of deals, his deep operator relationships, and his conviction that significance is a more meaningful measure of success than net worth. 00:00 REIGN Podcast Intro 00:53 BRRRR Method Breakdown 02:51 Meet Tom St John 04:41 Telescope Turning Point 07:32 Learning Through Books 09:26 First Rental Deal 10:05 Scaling Single Family Ops 12:40 Auction to Go Multifamily 14:21 Why Multifamily Scales 16:52 From Operator to Investor 18:09 Boosting NOI With Amenities 21:19 Vetting Operators as LP 23:41 Losing His Brother and Rebuilding 26:29 Vetting Operators 27:57 Underwriting Stress Tests 29:16 Red Flags and Trust 31:04 NorthCorp Capital Today 34:13 Fund Structure Explained 35:38 Podcast and Guests 38:06 Badass Framework 38:12 Books and Advice 41:21 Drive Goals Systems 44:58 Significance and Wrap Up...
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    47 分
  • 307 - No W-2? No Problem. The Invisible Prime Borrower Strategy Beating Traditional Lending
    2026/06/08
    307 - The Invisible Prime Borrower: How Efri Argaman Is Unlocking Homeownership for 42 Million Americans What if the biggest barrier to homeownership in America wasn't money, it was the wrong measuring stick? Right now, an estimated 37 to 42 million people in this country have the income to buy a home, pay their rent on time every single month, and are still being turned away by the traditional lending system simply because their income doesn't come with a W-2. That's not a credit problem. That's a broken system problem. And Efri Argaman, founder and CEO of OwnEZ, built a fintech company to fix it. In this episode, Efri breaks down how OwnEZ developed a non-discriminatory alternative data underwriting engine that looks at what actually matters: rental payment history, cash flow patterns, and financial responsibility, not a FICO score that can be gamed. He introduces the concept of the "invisible prime borrower": the gig worker, the ITIN holder, the self-employed real estate investor with near-zero taxable income who is financially solid but locked out of conventional lending. Efri and his team are converting what he calls chronic renters into homeowners, and along the way, creating a passive investment vehicle for accredited investors that has delivered 8.5 to 9% annual yield, without leverage, and without a single investor loss since inception. If you are a real estate investor looking for a stable, non-correlated addition to your portfolio, a self-employed entrepreneur who has been told no by a traditional lender, or someone who believes the financial system needs to work for more people, this episode was made for you. With Fund Five now open at a $50,000 minimum, the door to investing with OwnEZ is more accessible than ever. Do not miss this one. 5 Powerful Takeaways Your FICO score is a manipulatable number, not a true measure of your ability to pay: OwnEZ's underwriting looks at the real reasons behind a score and uses rental history, cash flow, and financial behavior to identify borrowers who will actually perform, not just those who know how to game revolving credit.The gig economy created a homeownership crisis that almost no one is solving at scale: Gig workers, 1099 earners, and ITIN holders often earn excellent incomes but are systematically excluded from Fannie Mae and Freddie Mac-backed loans. OwnEZ was built specifically to close that gap. Owner-occupied lending is the lowest-risk real estate investment most investors are completely ignoring: Borrowers who live in their own homes have a fundamentally different relationship with their mortgage than investors do. They default only as a last resort, making OwnEZ's loan portfolio dramatically more stable than most real estate investment vehicles.A non-leveraged fund structure can survive the market crashes that wipe out leveraged investors: By choosing not to borrow against the fund, OwnEZ has the flexibility to hold, rent, or wait during downturns — the exact strategy that protects capital when leveraged competitors are forced to sell at the worst possible time. Don't confuse being busy with being productive: The most impactful piece of advice Efri received early in his career shapes everything about how he runs his company, protects his team's personal time, and builds a business designed for long-term balance rather than burnout. 00:00 REIGN Podcast Intro 00:52 Wholesaler Red Flags 03:26 Meet Efri Argaman 05:08 What Is Fintech 07:14 Real Estate Lessons Learned 10:08 OwnEZ Borrower Model 12:15 Alternative Data Underwriting 15:00 Invisible Prime Borrowers 17:21 Property Types Financed 18:36 Investor Returns And Risk 24:45 Fund Structure And Accreditation 25:51 Passive Yield Overview 26:55 Fund Five Lower Minimums 27:51 Wealth Preservation Pitch 29:27 Why Own Easy Differs 30:34 Crisis Proofing Without Leverage 33:30 Karma And Tenant Story 36:34 Scaling And Evergreen Fund 38:44 Badass Book And Route 66 40:51 Advice Drive And Goals 44:50 Systems Success And Wrap Up About the Guest Efri Argaman is the founder and CEO of OwnEZ, Inc., a data-driven fintech company headquartered in Austin, Texas, focused on expanding access to homeownership through alternative data lending solutions. A residential real estate investor since 2009 with experience across rentals, flips, financing, and new construction, Efri built his career at the intersection of real estate investing and financial innovation. Under his leadership, OwnEZ developed a proprietary underwriting engine that evaluates borrowers on cash flow, rental history, and financial behavior rather than traditional credit scores, and has originated hundreds of mortgages for families locked out of the conventional lending system. He is a recognized voice in fintech and real estate, and a passionate advocate for the tens of millions of Americans the current financial system leaves behind. Resources & Websites Mentioned www.ownez.com (O-W-N-E-Z.com) — OwnEZ investor and ...
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    50 分
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