Evictions SUCK! Learn How to Avoid Them With Your Group Home
Today we are going to learn how you can avoid flushing THOUSANDS of dollars down the toilet with your Group Home business!
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Recently our founder went on a pretty epic rant on the way to the courthouse. Check it out on our Youtube page (just punch in Group Home Riches and make sure to subscribe).
Because ONE TENANT has caused him to lose around $10,000 in lost income, damages, cleaning costs, and legal fees with the eviction process.
This process can be extremely stressful for the property owner. It can take months dealing with the tenant, then filing the suit, dealing with lawyers, hearings, etc. all while the tenant is living there, not paying rent, and in this case completely JACKING UP the property!
That is one property and only one tenant. Now think of a Group Home! Could you even imagine how bad it could get when you have 6 – 12 tenants all in one home that could be transitioning out of homelessness, prison, drug & alcohol recovery, or any of the other issues they could have?
So how does that work? It must be a NIGHTMARE to manage right??
WRONG!! This is one of the many misconceptions people have about Group Homes that causes them to miss out on a massive opportunity.
Most Group Homes are not going to be requiring a certain credit score, or have income restrictions of verifiable, salaried income that is 2-3x the rental amount right?? If so you’d be hard-pressed to find a tenant that qualifies in this market!
So there needs to be a trade off. That trade off is that they DO NOT GET A STANDARD LEASE. You are not going to “lease” the home to every one of these tenants and then grant them all of the legal rights that comes along with a typical lease.
Could you imagine a hotel going through a court battle for 60 days before kicking out a disturbing, non-paying guest???!!! Of course not! And neither will you!
This is one of the MANY things taught in OUR FREE 10 PART COURSE (CLICK HERE TO SIGN UP)!
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You’ll also learn:
– Why you don’t need a license…no matter where you’re located
– Where to find HUNDREDS of Real Estate Investors you can partner with and EXACTLY what to say to them if you don’t own a home you can operate out of
– How to acquire a property and what strategy to use based on your budget….starting from ZERO and up!
– How to find local organizations to send you tenants on housing assistance
AND THEN…
– How to get set up to receive a GUARANTEED check every month!
Each one of our homes brings in an average of $4000 – $6000 per MONTH. You can fill your’s in the next 30-60 days and earn a nice, mostly passive check every month using the systems OUR FREE 10 PART COURSE (CLICK HERE TO SIGN UP) will supply you with!
Or
You can SCALE to a multi – six figure (OR MORE) empire with the higher level management techniques and business plan used to acquire millions in capital…all included in OUR FREE 10 PART COURSE (CLICK HERE TO SIGN UP)! Sign up for free today!
