The Agent of Wealth

Inside Mobile Home Park Investing With Leo Young

Marc Bautis Episode 283

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0:00 | 25:46

Affordable housing. Durable cash flow. And an asset class that historically outperformed during recessions.

In this episode of The Agent of Wealth, co-host John Williams is joined by Leo Young, Founder and Managing Partner of Cornell Communities, a real estate investment firm focused on acquiring and operating manufactured housing communities across the United States.

With experience spanning more than $75 million in transactions — and a career path that includes working at Tesla and on the acquisitions team of a $4.5 billion private equity fund — Leo shares why he chose a niche many investors overlook: mobile home parks. He explains how this asset class blends affordability, impact and strong risk-adjusted returns, and why it may deserve a closer look in today’s volatile market.

In this episode, you will learn:

  • Why manufactured housing communities often perform well during recessions.
  • How the business model works.
  • What makes this asset class attractive for passive investors.
  • How Leo’s background as a first-generation immigrant shaped his money beliefs, risk tolerance and entrepreneurial drive.
  • And more!

Tune in for a deep dive into the economics of manufactured housing, insights on private equity-style real estate investing, and a powerful conversation about resilience, opportunity and building wealth with purpose.

Resources:

Episode Transcript & Blog | cornellcommunities.com | LinkedIn: Leo Young | Instagram: @leoyoungrealestate | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

Want to be a guest on The Agent of Wealth? Send Marc Bautis a message on PodMatch, here: https://tinyurl.com/mt4z6ywc