Bryce Robertson arrived in the US with negative net worth and built a mobile home park portfolio starting in 2015. He learned creative financing, founded Financial Freedom, and kept investor returns stable during the 2020 downturn while competitors cut them.
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Who is Katherine 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.