"Inspired to Invest" Podcast

← "Inspired to Invest" Podcast7 oct. · 26 min

How to Build Wealth With Affordable Housing | "Inspired To Invest" Ep163 with Leo Young

How to Build Wealth With Affordable Housing | "Inspired To Invest" Ep163 with Leo Young7 oct.26 min

Could manufactured housing be one of the most misunderstood opportunities in real estate investing?

In this episode of Inspired To Invest, I sit down with Leo Young, Founder & Managing Partner of Cornell Communities, a private equity real estate firm focused on revitalizing manufactured housing communities across eight U.S. states.

With more than $75 million in real estate transactions, institutional private equity experience and hands-on operational leadership, Leo has seen real estate from both sides of the table: institutional capital allocation and entrepreneurial ownership.

But his path into real estate wasn't conventional.

Leo studied finance before taking a career risk and joining Tesla in sales. As an introvert, he saw sales as an opportunity to become a stronger communicator. He became a top regional performer, but burnout eventually pushed him to find a way to generate income without constantly clocking in.

That search led him to real estate.

After becoming a licensed real estate professional, Leo joined a fund deploying capital nationwide, where he learned how institutional investors evaluate assets, locations, risk, budgets and capital allocation.

Today, he's applying those lessons to an often misunderstood corner of real estate: manufactured housing communities.