Get Rid of Your Job Once & For All By Starting a Group Home

Group Home

Get Rid of Your Job Once & For All By Starting a Group Home

With the cost of living skyrocketing, debt increasing, and wages not keeping up, the country is in an affordable housing crisis. You can start a Group Home to help, and get compensated VERY WELL for it! 

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As this problem continues to swell, entrepreneurs across the globe will continue to capitalize by solving it! 

We’ve written about quite a few of them so far, but Venn is the most recent Silicon Valley start up to cash in on the “Co-Living” market. They are highlighted IN THIS ARTICLE  which is another attempt to make people not being able to afford traditional housing as “hip”. 

Employed millennials are just the newest “niche” of the population looking into “co-living”, but what about people transitioning out of homelessness, aged out of foster care, seniors stretching their SSI payment, former drug addicts transitioning out of rehab etc. etc?? The list can go on and on but people like this have been living in “Co-Living” situations for ages…they are just called “Group Homes”. 

The upside to serving THIS population is that there are BILLIONS in governmental and non-profit funds that guarantee housing payment for folks like this.  It’s also a business that you can feel good about! It’s a win-win! Sign up for our FREE 10 PART COURSE if you’d like to learn how to start. 

This all sounds great right? But what about the subject of this email? How do you get rid of your job???

Take a look at a sample breakdown of how much you could expect to make running a small operation in this business:
•Three 4-Bedroom Homes (with roomates, 12 bedrooms total)
•24 Tenants at full capacity
•$600 per bed = $14,400/month in revenue
•$172,800 in annual revenue
•60% For Expenses
•You net $69,000 per year
Keep in mind, this is using our Founder’s Group Home expense ratio and each Operational Manager he has oversees FIFTEEN HOMES. That is a full-time job for sure! Inn this example, with you acting as the operational manager to begin with, you are doing ONE FIFTH of a full time job! What is the hourly rate on that? Could you live on almost $70,000 per year while only working part time? What if you wanted to do it full time? Do the math!!
The demand is there. That is why you see all of these start ups popping up and millions and millions of dollars in investment pouring in.
But the great news is that YOU DON’T NEED MILLIONS TO START. You can start small with a rental or even partnering with a passive Real Estate Investor to keep your costs very low or even ZERO.
And you don’t have to spend years learning the business and figuring stuff out like our founder did. He put together how to guides, videos and all of the material he used to grow his business all in one place with OUR FREE 10 PART COURSE.
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