The Wealth Clock Podcast — Real Estate, Passive Income, and Wealth Strategies with Steven Weinstock

Why This "Tesla Top Performer" Switched to Mobile Home Park Investing | Leo Young - EP39

Steven Weinstock Season 1 Episode 39

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0:00 | 27:12

What does a top performer at Tesla do when they want to build sustainable, generational wealth? They look for the "hidden" gaps in the real estate market.

In this episode of The Wealth Clock, host Steven Weinstock sits down with Leo Young, Founder and Managing Partner of Cornell Communities. Leo shares his fascinating journey from working under Elon Musk’s mission-driven leadership to overseeing over $75M in real estate transactions.

We dive deep into why Leo chose the Mobile Home Park niche, the "sub-institutional" sweet spot (30–200 units), and why he believes a strong operator (the jockey) matters more than the deal itself (the horse).

In this episode, you’ll learn:

  • The Tesla Mindset: How the "action-taker" culture at Tesla prepared Leo for real estate.
  • The MHP Advantage: Why mobile home parks offer unique depreciation benefits and a "social component" through affordable housing.
  • Market Strategy: Why Leo is moving capital into the Southeast and Midwest instead of New York.
  • Due Diligence: The #1 thing to check before buying a park (Hint: It’s underground).
  • LP vs. GP: How Leo started as a passive investor to "learn and earn" before launching his own fund.

🔗 Connect with Leo Young

Special Thanks to Our Sponsors:

  • Wee Capital Mortgage Fund: Investing in first-lien positions for steady monthly cash flow.
  • CableNOI: Unlock hidden revenue in your multifamily buildings with zero cost to the owner. Visit CableNOI.com to see if your building qualifies for a $150/door bonus!

Send The Host, Steven Weinstock, a comment


🎙 About Steven Weinstock
Steven Weinstock is a real estate investor and founder of WeCapital and the Goethals Capital Fund. Since 2001, he has built a diverse portfolio of residential and multifamily assets while helping investors access passive income through strategic real estate opportunities. On this podcast, he shares real-world insights on investing, capital raising, and what it really takes to build and scale in today’s market.

📩 Want to invest or get in touch?
Visit: www.WeCapitalX.com

📱 Connect with Steven:
LinkedIn: www.linkedin.com/in/stevenweinstock1

Instagram: https://www.instagram.com/wecapitalx/
YouTube: https://www.youtube.com/@TheWealthClockPodcast


Steven Weinstock (00:01.058)
Hello and welcome back to another episode of the Wealth Clock Podcast. This is a show where I speak to operators, founders, dealmakers, and we discuss what's actually working in business and investing. I am your host, Stephen Weinstock. I've been investing in real estate for 25 years. During that time, I started out with single-family homes, moved on to multifamily, some mixed use, some retail office.

Recently, I've been involved in a debt fund where I am investing in first lien positions and enjoying the monthly payments just like the banks do. This episode is sponsored by my fund, the Wee Capital Mortgage Fund, and we're also sponsored by Cable, NOI. Cable, like cable company, NOI.com. CableNOI.com helps multifamily property owners

unlock hidden revenue in their buildings. They negotiate bulk cable contracts with the major providers. There is no cost to the owner or landlord. There are no paperwork. There's no billing tenants. There's no asking tenants to switch their cable. As long as your building is approved, if your tenants call up the random 800 number to order cable or internet, you will get a revenue share of that bill.

And they will also pay you an upfront bonus of about $150 per door just for signing up. So you get checks from AT &T, Spectrum, Optimum, depending on where you are in the country. And I've used this firm myself for my multifamily property. It is literally a no brainer, not a dollar out of my pocket. I never had to communicate anything with the tenants. And on some of some of my buildings, they gave me a free

house account to use in the office, in the leasing office. So that saved about 150 bucks a month just for signing up. Okay, now that we have that out of the way, I have a guest, Leo, Leo Young. Thank you for joining me.

Leo Young (02:16.193)
Thanks for having me. And I might have to ask you about the cable stuff afterwards.

Steven Weinstock (02:21.291)
Yeah, sure. CableNOI.com for everybody else. I did not, he is not a paid participant in that advertisement, in case I need to add a disclaimer. But shortly, we will talk about that.

Leo Young (02:32.738)
Yeah, it's just been on my list for some time. I mean, it is like a revenue ad for, for it. And like, as long as it makes sense, right. But yeah.

Steven Weinstock (02:40.341)
Correct. So Leo, besides being interested in cable revenue, he is the founder and managing partner of Cornell Communities, a real estate investment firm that focuses on revitalizing housing communities across multiple states. Through his firm, he has overseen over $75 million in transactions, and he has built a platform that combines strong investment performance with a focus on improving housing accessibility.

Before he launched Cornell Communities, you worked for an acquisitions team for a large institutional private equity fund. And you also built a career at Tesla, the electric car, where he was a top performer before making the transition into real estate. Elon Musk, I guess you saw him every day at the office.

Leo Young (03:35.95)
I wish. mean, actually, I don't wish. mean, he's quite an intense guy.

Steven Weinstock (03:41.09)
Yeah, yeah. You are a first generation immigrant. You set out to change generational financial habits and build long term wealth through real estate. Leo, it's great to have you on the show. Can't wait to talk to you. Before we start, tell me where you are from right now. Where do you live?

Leo Young (04:01.198)
I'm in New York City. So enjoying the beautiful weather, finally.

Steven Weinstock (04:02.283)
out.

Yes, yes. Okay. So my audience knows I am in Brooklyn, New York, born, raised, and I work here. Although I don't invest in New York. That's a little too tough for me. We'll find out if Leo is more talented than me and is investing in New York or is he seeking opportunities elsewhere?

Leo Young (04:15.394)
Yeah.

Leo Young (04:23.918)
You know, I don't think it's a talent issue. It's more so like you look at the environment as an investor, right? And you're like, okay, does this kind of business make sense? Because like, real estate is a business, you're offering the business of housing. And just like, sometimes it's less conducive, right? I mean, what would you sell ice in Iceland, right?

Steven Weinstock (04:43.467)
Exactly. Leo, before you got into real estate, from the intro, I said you worked at Tesla. What was the first job you had as an adult?

Leo Young (04:58.702)
It was well, transitioning into an adult, I suppose, you know, like in high school, I worked at Dunkin Donuts. Yeah, this was pre private equity Dunkin Donuts. You know, they were they were the working man's coffee. It was it was quite an experience. mean, like coffee was like two dollars at a time. You're talking to people before their morning coffee and like they'll throw 15 cents at you like they're doing you a favor or something. But it was a great, you know, experience I got kind of.

Steven Weinstock (05:05.21)
wow.

Leo Young (05:28.512)
my work muscles built from there. like, hey, think the most important lesson is that like, hard work is the ticket to entry for anything.

Steven Weinstock (05:38.72)
Yeah, know, all I always ask about the first job because a lot of people think that, that first job doesn't necessarily help or prepare you for, you know, whichever successful career that people, you know, them, you know, asking about today. And I always say that the first job you have, you learn a lot, you know, just from learning how to work for somebody else, taking directions from somebody else, but also sometimes teaches you.

about an industry that, okay, it's not for me. I don't want to do this. What do I need to do to do something else? And there's a lot of learning experiences in working jobs that either you don't like or, you know, trying out, especially as a young adult. How do you transition into real estate?

Leo Young (06:29.208)
So for me, so I studied finance in college. I loved investments. just, so I'm a philosopher at heart. I like to sort of understand the reason behind things. And I like to always question everything. And investments made a lot of sense. Finance made a lot of sense because you're basically placing a strategic bet on the future. You're like, well, you know, I think this asset will go up in value. So let me, let me place a bet there. So naturally after college, well, actually not, not actually.

But in college, had an internship, finance internship, and I was just sitting in the cubicle. was like, my God, do I really want to do this for 40 years when I graduate? And the answer was no. So, you know, I took a pivot. I kind of faced my fears. I put my feet to the fire and I went into sales. And it was at Tesla. Tesla was my dream company. I mean, before all the politics controversy and stuff, like Elon was a very noble guy. He's working on a very great mission, you know, to help the world.

change over from fossil fuels to more sustainable fuel. joining that mission, was great. I joined there during a pivotal moment of the company's history. They were ramping up their mass market car. Having a tough time doing it almost went bankrupt. The entire company was just very strained. But working alongside A players who were just focused on the mission and working really hard, it brought the best out in me.

but also burnt me out because it's just like a lot sometimes. And that got me to be like, well, hey, I need to find a way, a more sustainable way to make money that doesn't depend on me kind of busting my rear. So eventually got to finding real estate and then found passive investments. So I invested as a limited partner to some apartment buildings and

I got hooked, you know, after I got my first distribution check, I was like, wow, I didn't have to do anything for this. I, you know, I just, you know, these guys make the money for me. That's great. So that's how I got into real estate. And then, you know, I got my real estate license afterwards. I wanted to learn and earn. So that's the transition.

Steven Weinstock (08:44.981)
How did you find that first deal you got into as an LP?

Leo Young (08:50.574)
some Facebook or Instagram ad. Yeah.

Steven Weinstock (08:53.121)
got it. And how many did you go through or how long did that process take from the time you figure, hey, I want to do this till you actually, you know, wire the check or

Leo Young (09:05.666)
It was only a few months. I think being at Tesla taught me to be an action taker, not to sit on the sidelines for too long. I think who knows if it's going to be a good or bad investment, but you never know if you don't do it.

Steven Weinstock (09:20.897)
Yeah, yeah. mean, I'm in real estate for, like I said, about 25 years, but I only started buying multifamily and raising outside capital in 2017. And before I did that, I did not invest in anybody else's deals. And I was buying smaller assets. I was basically just doing everything myself. know, one to fours, that asset class is more of an owner operator type of business. I was sticking to one.

drivable area from where I lived. This was in New Jersey where I was investing, although I was living in New York. Before I started looking at property, well, I guess I was always looking at larger properties, but before I really was making offers, what I did was I set aside a certain amount of money and I said, I'm going to invest as an LP into a bunch of deals, meaning I'm going to ask

lowest amount possible, just to really see how all different types of operators work, communicate, their pitch decks, just everything. And I went into probably seven or eight deals within a six-month period. What's your minimum? And then from there, I would look at the deals and I was looking for small entries.

I was looking for where they were raising large money, but what their lowest entry would be. And, you know, my main reason was to educate myself. But what I found out that no matter how much money I had in the deal, which, you know, was very little, these founders, these operators were, I don't want to say beholden to me, but they would take my calls. Hey, I'm an investor. Hey, I might lead to, you know, future investments, referrals, et cetera.

And they really allowed me to pick their brain. I wasn't too annoying. I didn't really bother them about the specific property. I just had a lot of questions about different aspects and you know, they really enjoyed talking to me. And when I started looking at other properties to go in as a GP and buy, I would reach out to them, you know, not asking them for money. I wasn't asking them to sign on the loan. I was just asking them different, you know, technical questions. You know, how should I?

Steven Weinstock (11:40.45)
proceed? How should I communicate with certain investors? And not all of them gave me time a day, but a lot of did and really educated me when I started raising capital outside capital. You're in Queens. New York City is very tough to invest in. What year did you start up with Cornell Communities as a founder?

Leo Young (12:07.254)
Yeah. And to add onto what you just said, you know, I think that's a great way to get into investments is like, you know, like, don't be ashamed or like, don't feel, you know, embarrassed or whatever asking like, Hey, what's your minimum? And then putting that in, because it is a good way to, you know, get your repetitions in. Cause then like, how do you know what's good or bad before you actually have experience? So, you know, place a little bit here, place a little bit there, you know, see how each team does things, like how they do investor reporting, like

If you reach out who responds, right? If it's like the operator itself or like the founder, like that's amazing. But you know, if it's like an investor relations guy, you're like, okay. Sometimes like the, the investor relations person is actually like a salesperson in disguise. Like those are like, you know, you'll, you'll start to see like what makes sense for you. And yeah, just do that through repetitions. And then Steven, to answer your question, as far as Cornell communities, we started in 2022.

Steven Weinstock (12:52.544)
you

Leo Young (13:04.711)
it was kind of happenstance. you know, prior to this, like I, I wasn't really planning on doing something like this, but I had a mutual friend kind of sit me down one time. He, he was in the private equity world. He did a stint at a mobile home park fund and he's like, Leo, I want to sit you down. I want to walk you through this business plan because I think it makes a lot of sense. So for me, you know, what, what drew me to it was, yeah, I mean, look, everything's going to make money. Like if it don't make dollars, it don't make sense.

But there is that social component that like, hey, you are offering a useful service to the economy, which is affordable housing. People need this. So you get to kind of play your part in it, revitalize communities, like increase their quality of living and just be a part of that movement. So I really like that. Just back from my time at Tesla, I'm a very mission driven person. I want to like,

Money is a byproduct, but like, what are you doing with your time, right? So, you know, I always want to work towards a cause.

Steven Weinstock (14:10.185)
Where are you investing? Which part of the country?

Leo Young (14:14.414)
So call it, we're in three different markets, but I would say like growing in two. So we have like a couple assets in like the tri-state area, but more so like Southeast. like the Carolinas, Virginia, Midwest, you know, as far out as like Oklahoma, Kansas, we like those states for various reasons. The Southeast is generally better for like population growth, know, rent to.

rent to income ratio versus like the Midwest is just more like cash flow heavy, more business friendly.

Steven Weinstock (14:48.033)
Yeah, we own multifamily assets in Louisville, Kentucky and in Cleveland, Cleveland suburbs. Some of the smaller assets are in New Jersey. We really love New Jersey. Appreciation is great there. The other markets have a better cash flow component to it. When you say tri-state area, does that mean right outside of New York City like New Jersey or upstate New York?

Leo Young (14:53.838)
nice.

Leo Young (15:12.526)
New Jersey. Yeah, yeah, we have a few down in South Jersey. And the reason why we are not super keen on growing is because it's just there's been like, you know, laws that pass here and there, you know, there's one last year that's just like, if you sell, you have to pay like, three and a half percent just for one line item for taxes. And we're like, okay, it's just getting like, it's eating into the model a little bit too much.

Steven Weinstock (15:37.41)
Yeah, yeah. I know if you're a resident of Jersey, sometimes you could save on some of that. But as a non-resident, which I am, which I'm a non-resident, I'm always seeing that tax. Although some of my New Jersey properties are more buy and hold. So, you know, I sort of kick the can down the road with that fee. You know, with those, I'm more refinancing and constantly financing and stuff like that.

Leo Young (15:42.124)
Yeah.

Leo Young (15:48.226)
Yeah.

Leo Young (15:56.364)
Yeah. Yeah.

Leo Young (16:01.038)
Yeah, exactly. Yeah, that's kind of evolved to our strategy as well. Kind of in New Jersey, it's like, if you don't have to sell it, or if there's like a crazy offer, fine. But like, if not just like cash flow refinance, it's fine. You know, like we took out a lot of depreciation for these assets anyways, because like mobile home parks, they have a ton of depreciation. So, you know, we run the cost tags. So yeah, we have no reason to sell at least like nothing compelling.

Steven Weinstock (16:22.912)
Yeah.

Steven Weinstock (16:29.985)
Yeah, I've run the cost seg on a few and we looked at the, we looked at, we got an offer and we ended up declining selling it. But one of the reasons was we would be, I guess that's something called recapture. So, we're depreciating 27 or 35 years worth of depreciation in one shot, a bonus depreciation. And hey, you're selling it after three, you got to recapture some of that. it sort of taught us a lot.

But we use a close guy. he's based in Jersey, Madison, shout out to Madison. I, Weinberger. Yes. Yes. I've been on his podcast. He's great. I actually met him like at a show, at a real estate conference in Jersey, sorry, in Florida, but his company was sponsoring it and he was brand new. He was like in it for like three weeks at the time. And, this is going back, at least three or four years, maybe more. And he was just.

Leo Young (17:04.904)
yeah. Yeah, yeah. Isaac? you? Yeah. Isaac.

Mm-hmm.

Steven Weinstock (17:26.495)
very nice and you could tell that he's new, but he wasn't annoying and he wasn't, you know, he was just, he was just all around great. He was easy to communicate with and even when he followed up, it wasn't like an annoying way. And I was happy to give him business within a few months of knowing him. You know, he's a really great guy. does, you know, some of his own events, but yeah, this is not a shout out. This is not a plug for him as far as a paid plug, but definitely reach out to him. He's all over LinkedIn, et cetera.

Leo Young (17:29.56)
Yeah. Yeah.

Steven Weinstock (17:56.034)
Isaac, you're listening, better. Yeah, Isaac, if you're listening, better send me a gift basket for all this spending 12 % of this podcast recording on you. What does your typical deal look like? Is it 50 units plus, 100 units plus, 500 units plus? What's your typical buy bucks?

Leo Young (17:56.098)
Yeah, we just like them.

Hahaha

Leo Young (18:18.37)
Yeah. So right now kind of our bread and butter is call it the sub-institutional, but investment grade realm. So, you know, call it between 30 and 200 units as far as mobile home park goes. And we do that because we want to A, make sure the asset is big enough to have our level of support. Cause you know, we, don't operate ourselves. We're not like buying stuff in our backyard swinging by, like we have staff members and stuff like that. So to be able to put in our playbook.

And then if you get on the high end, like hundred units plus, like that's when these institutions come in, these larger private equity firms, like they have cheaper costs of capital to you, which is just a fancy word of saying like their investors are okay with getting less. So, you know, we get outbid all the time. So, you know, we kind of pick out our own niche. We're like, Hey, let's compile a portfolio here. Let's add some value here, you know, get, get a nice win for our investors.

And yeah, we like to do that typically. And it's like a pyramid, you know, in terms of like the preferences, you know, they're not hard and fast rules, but city utilities, they're always a plus because the one caveat with mobile home parks that you have to watch out for in addition to regulations is the infrastructure. Because, you know, you're not getting a lot of these projects approved anymore. It's just like they were grandfathered in, they predate HUD.

So, you know, they're just there and municipalities don't really, they're not excited to approve more just because it costs too much to service compared to the revenue that it brings in. So you want to make sure, I mean, these properties are like 50, 70 years old. I don't know, like a septic system, like an inspector will tell you it's like good for, you know, 30, 30 years and then you might want to switch it. So you want to just make sure that you're budgeting in advance for.

any kind of deferred maintenance and capex work just to keep the community going.

Steven Weinstock (20:18.209)
for apartments that you're buying, not the RV parks or mobile parks. Are these Class A, Class B, Class C?

Leo Young (20:27.15)
So I don't on on the the GP side, I don't really do like multifamily apartments I just do it as an LP and and it's more so like I think it's more sponsor dependent You know, I've learned being a GP myself that the the jockey matters more than the horse almost like I care a lot about like who the team is how they make decisions I like to get to know them, you know rather than like the opportunity itself

Steven Weinstock (20:54.917)
Interesting interesting. Yeah, definitely a good operator could take a bad deal and work it out Okay, a bad operator could take a great deal and screw over, know screw up Wow, okay You are third party managing these properties

Leo Young (21:14.324)
It's a hybrid. We're building out kind of in-house management for a lot of them, but I would say we're constrained by our capacity, because I'm always very, very cognizant of my team's capacity. Never want to make sure that they're too overwhelmed. So we'll third party manage or have outside vendors manage our properties as needed until we kind of build up that in-house capability.

Steven Weinstock (21:43.362)
Got it. Okay, let me do a little background over here. So I Googled you before we started and it tells me you're a first generation American. Where you're from, you sound very American. Where you're from, where you live, when did you come here, et cetera, et cetera.

Leo Young (22:01.55)
Yeah, so I grew up in Hong Kong and I came here to finish up high school. So when I was 17 and appreciate your compliment on the accent, I would say like, A, I'm an adaptable person, but then also B, like being a boy in public school that you kind of, know, trial by fire, they're going to be like teasing you for your accents, you know, they'll, say like aluminum, like, what is that? You mean aluminum?

So it quickly rounds out.

Steven Weinstock (22:28.481)
God, you moved here with family or you came on your own sort of?

Leo Young (22:35.244)
Yeah, yeah, yeah. With family, fortunately. So my uncle, he went to school here. So, you know, went over there in Massachusetts, came down to New Jersey for college, and then, you know, back up for a long time, and then came down to New York during COVID.

Steven Weinstock (22:51.463)
So when you came here, you came straight to Queens?

Leo Young (22:55.118)
I'm in New York City, Manhattan, Manhattan. yeah, my wife, she works in Manhattan and also like the fund I was working for at the time was like, all right, time to come back in person. So I'm like, all right.

Steven Weinstock (23:09.649)
Got it. Got it. Okay. So you're a fellow New Yorker just like me. We love New York sometimes and we hate it a lot of the times. Yeah, it's very tough to live here, but for some reason, a lot of us never leave. It's New York.

Leo Young (23:23.672)
Yeah. Take the good with the bad, right? Or the bad with the good.

Steven Weinstock (23:27.265)
Yeah, mean, you know, New York is great and it's hard to leave. like, believe it or not, even though it was freezing and bitter cold, you know, I like the seasons. like different, you know, I don't know if I can live in Florida, you know, being a working nine to five stiff living in Florida, you know, it's good to vacation in, but could I like go to an office and it's 112 degrees in July and all that.

Leo Young (23:50.615)
Yeah, I think the whole thing of, mean, at least for me, I don't need to drive. I just take the train or Ubers everywhere. being from Boston, I have PTSD kind of driving or digging out my car after a blizzard. You spend half your Saturday and that's like a whole workout. You're like, my God, I don't want to do this again. So yeah, not having to worry about that is great.

Steven Weinstock (24:14.593)
Yeah, there was a lot of digging out for me and I'm fortunate to have some older sons who are teenagers and they helped out a lot. there's a lot of digging out. was a lot of, I don't want to drive there because I don't want to lose my spot or I don't want to try to find the spot. Yeah, it was very tough. today is where, as we're recording, it's, I think yesterday was 65. I'm not sure what today is, but.

Leo Young (24:23.608)
Nice.

Leo Young (24:45.538)
Yeah, it's beautiful.

Steven Weinstock (24:45.717)
New York is great. Do you travel a lot for work?

Leo Young (24:49.922)
Yeah, occasionally. know, it work takes me to, you know, the most rural corners of America, which is great. mean, I really like just being out there in nature. You know, I'll be in like rural, I don't know, like Ohio or Kansas or something, meeting sellers, checking out properties, you know, shaking hands, all that stuff. We kind of just do it, especially on the deal front to just have a better relationship with the seller and, know,

able to get better deals and then consequently bring better deals to our investors.

Steven Weinstock (25:23.873)
So when you're traveling, you're flying and then you're driving out sometime. I mean, you're not two minutes from the airport, I assume.

Leo Young (25:30.294)
Yeah, yeah, yeah. Not too far away though. Yeah, mean LaGuardia, Newark, JFK, it's like close enough, but you know, it's like a day trip.

Steven Weinstock (25:40.002)
No, I meant when you're landing and looking at these assets. Yeah, I mean, when I go, when I fly, I'm really about 10 minutes from those airports, whether it's Ohio or, or Kentucky and, some, some other states, I do some stuff in. But yeah, I fly out of LaGuardia, even though I live right by JFK, I fly out of LaGuardia, Delta, brand new terminal, very comfortable, et cetera.

Leo Young (25:44.493)
Yeah.

Leo Young (25:48.653)
Yeah.

Leo Young (25:53.57)
Yeah.

Leo Young (25:57.923)
Yeah.

Yeah. Yeah. huh. Yeah. That's the one benefit of, you know, like multifamily or like, you know, other kinds of properties other than mobile home parks, cause mobile home parks are super like rural, you know, they're mostly approved and existent in areas that are like more tertiary. Cause if it's in like, I don't know, downtown Columbus, like that probably was bought by a developer many years ago and like built up an apartment building ready. So.

Yeah.

Steven Weinstock (26:31.753)
I did a deal as an LP in Mississippi and the operator owned, I don't know, maybe 1,200, 1,500 units in various cities over there. And I got into a few of the deals over there. And when I used to ask him advice, he said, try to find property that is near the airport because especially Mississippi, being from New York, there really no direct flights.

You know, flying to, he me he's flying to New Orleans and he's driving an hour or two or somebody else I know was doing a deal in Alabama. They had a flight to Atlanta and then drive a few hours. So I noticed all the big hubs, all the Atlantas and Florida's and you know, the places with multiple direct flights, those properties, lot of Northeast money is already in those areas.

Even Kentucky, when I fly to Louisville, there's only two airlines that do a direct flight. And there's always New Yorkers flying. I fly like Tuesdays and Wednesdays of the week. And you always see, I see the same people. I'll be on the morning flight and then sometimes on the evening flights or sometimes I take the next day flight and I'm always bumping into the same people, same flight attendants. So what else do you do outside of real estate for fun?

Leo Young (27:38.414)
Same commuters. Yeah, that's great.

Leo Young (27:49.208)
Hmm. You know, I will.

Steven Weinstock (27:50.389)
reading books, watching TV, surfing.

Leo Young (27:53.57)
Well, I will say like, yes, like I'm one of those that like work just like there is no border to it. And it's not necessarily a bad thing. I just embrace these seasons of life. And like right now, like work is my life because I enjoy doing it. As an entrepreneur, like I get to build my skills, which then brings more value to the marketplace and my team. And I get to see them grow. So to me, that means a lot.

But outside work, I try to go for walks, nothing too crazy. Go for walks, think about life, think about the business, which is very important, because I think a lot of people, they get stuck operating the business all day and not thinking about the business and strategy and different perspectives. So philosopher at heart, as I mentioned earlier, so I appreciate doing that. And mean, look, New York is just such a great place.

to go for walks anytime. And you can pop into like the history museum and just be inspired by like, okay, how did we come here? And like, what did we have to go through the different perspectives and stuff? So yeah, I really enjoy doing that.

Steven Weinstock (29:04.341)
Okay, Leo, it was great having you on. Let's tell the audience how they can reach you, website, social media, tell us all, we'll be in the show notes and we'll be disseminated to all the podcast platforms. So go for it.

Leo Young (29:17.742)
Yeah. Yeah. Yeah. So, so two ways to reach out, you know, if you want to learn more about our team, mobile home parks, you know, how we can double your investment every five years, that's like general rule of thumb, you know, go to Cornell communities.com c o r n e l l c o u n i t i e s.com. Or you can reach out to me on on LinkedIn. If you have just like one off questions, I'm happy to be a resource. It's Leo Young, L E O Y O U N G or on Instagram, it's Leo Young real estate.

Steven Weinstock (29:46.015)
Okay, Leo, thank you very much. I'll make sure to include that. This was fun. This was nice. A fellow New Yorker, somebody who understands the pain of living here sometimes, but for whatever reason, we haven't gotten out. And it's by choice, for the most part, at least by me, and for a lot of people I speak to. This has been another episode of the Wealth Clock Podcast. Please like, subscribe, share with friends.

Leo Young (29:51.788)
Yeah, that's right.

Steven Weinstock (30:16.019)
make some comments, sometimes I'll respond. If it's a comment about Leo, I will hound him and track him down and make him respond. Leo, thank you very much for joining. Take care.

Leo Young (30:27.054)
Thanks so much, Stephen. Take care.