Josh (Team Outsider) - Josh Weissenstein

speaker
215 appearances 1 recordings 1 series first heard Jun 2026 last heard 30 Jun

Josh (Team Outsider) - Josh Weissenstein’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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And there are different types of experience-oriented real estate that can speak to that thesis.
But campgrounds still have a lot of runway.
We still have a big pipeline of properties we'd like to be a part of.
And so hopefully we're doing this for forever.
Yeah, so there are two very large REITs in this space that initially were into the manufactured housing side of the business, but recognized both from a depreciation perspective and also the infrastructure is very similar, right?
There's a campground REIT?
There are manufactured housing REITs that have a large portion of campground exposure.
Yeah.
So that was one of the ways we were researching this, that we got a little more comfortable with the idea.
We're the manager.
So initially we didn't think we were going to go that route initially.
So Cody, my partner, went and managed our first location for the first year.
Scrubbed toilets, did the whole thing.
And we thought, you know, learn how to hold a shovel and dig a hole.
And then you can hire a third party to manage it like most real estate sponsors do.
And what we realized is, A, you can't outsource culture.
So that was going to be really important for our success.
And B, if we wanted to scale, there weren't really, at least at that time, competent third parties that could scale with us.
So we made the decision to build an opco in-house and have been managing our properties ever since.
Yeah, we're actually a KOA franchisee in certain markets.
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