Bryce Robertson came to the US from Australia with negative net worth and no credit. In 2015 he bought his first mobile home park using creative financing, then repeated the process every two and a half years. When 2020 hit and other operators cut returns, he kept his promises to investors instead.
Who is Catherine Bell? I had the same amount of returns to investors, so we actually shifted our business plan a little bit. So her name's Bryce Robertson, Founder and CEO of Cultivate Collective. I bought my first mobile home park in 2015. At the time, I had a negative net worth $2,000 in the bank and unseasoned credit because I hadn't been in the States long enough because I'm originally from Australia. And so that first deal, I learned how to raise capital and I did some creative financing and got that deal across the line. Basically after that, I rinsed and repeated and did that for about two and a half years until I created Financial Freedom, and I kept on that path of growing the mobile home park portfolio. And then in 2020, we saw the market shifting a little bit. And what we actually saw is a lot of other operators were lowering their investor returns to adjust to the market. And so I didn't want to do that. I wanted to provide the same amount of returns to investors. So we actually shifted our business plan a little bit because we can do that. There's a lot of upside potential in us being able to do that. So that's put us in a position to be able to provide more attractive returns to investors. And that's really the main thing that we've been doing, that heavy value add since 2021.
