Are you interested in starting a profitable Real Estate business with an equally positive impact on society?
If so, consider group homes, also known as shared living, cooperative housing, or just affordable housing in general.
Despite popular opinion, these creative real estate niches offer numerous advantages over most startup business ideas and real estate strategies, including financial perks .
In this email, we’ll provide you with five reasons why this is the best business to start right now.
Reason #1: This is a lucrative Real Estate Investment
Do a quick search on Google and you will find that “90% of millionaires acquire their wealth through Real Estate”.
That stat is debatable. But let’s all agree that most rich people invest in Real Estate in some form or fashion. And it CAN be a great way to acquire wealth if done right.
If you are a business person or familiar with Real Estate, then I hear your thoughts…
“Duh”
But many of our students did not come to us for a “Real Estate” strategy. They wanted to start a business that got them a ton of cashflow while helping their community at the same time. Most don’t think of themselves as “Real Estate” investors.
However. They are. And they might be better at it then YOU.
If you’re a “savvy” Real Estate investor, ask yourself…
How much do YOU cashflow every month on 2 properties????
Sorry. But if you are the typical buy and hold real estate investor that cashflows $200-$300 per month. ON A GOOD MONTH. And that hurt your feelings…
IT SHOULD
You were sold a lie.
Landlording is a great strategy for people that are looking to build equity. But let’s keep it real. Equity doesn’t pay bills. And $200/mo doesn’t either. On a good month. If everything goes great. Which never happens. Which you learn quickly in property management.
Many of Group Home Riches’ clients work in nursing homes, hospitals, social work, GROUP HOMES, nursing, medical, and related fields.
They have the “caretaker” personality and are just looking for something that fuels that passion AND let’s them be their own boss.
Many don’t know that they have stumbled into one of the most lucrative Real Estate niches that even you haven’t heard of.
Lynette was an unemployed corrections officer when she found us. Take a look at her cashflow on TWO PROPERTIES ^^^
Keep in mind, Lynette doesn’t own any of this Real Estate.
She doesn’t collect checks for anything besides housing.
No medical services, no food, etc.
She has ZERO licensee or certifications to provide this type of housing.
Despite all of this, she is taking home over 6 figs in her first year. OF CASHFLOW. Not “net worth” or “equity”.
Curious yet?
Reason #2: Affordable Housing Demand is Exploding and Supply is LOW. Almost Non-Existent.
Affordable housing is in high demand and short supply in many areas of the country.
By investing in group homes, you can help solve this problem while making a MUCH larger profit than typical rental properties.
According to the National Low Income Housing Coalition, there is a shortage of 7.2 million affordable and available rental homes for extremely low income renters.
Don’t take our word for it. Go search Google News for “Affordable Housing Crisis”.
Better yet.
GO OUTSIDE
How many “we buy houses cash signs” do you see?
How many people that own Real Estate want to actually sell said Real Estate for pennies on a dollar just because you might know a few people that have “cash” (AKA hard money loans)?
Now flip it.
How many “we have affordable rooms and beds” signs do you see?
GO OUTSIDE. How many people need said “affordable rooms and beds”?????
What happens to a business that provides a service in high demand and low supply?
Reason #3: Government Funding
If you’re offering housing to folks that can’t afford it and most likely don’t “qualify”, then what gives?
So you just have really good “collection agencies” that have been trained in bounty hunter tactics???
NO
There is literally BILLIONS in funding for this stuff!!!!
Government programs like Continuum of Care and Social Security provide the majority of funding for affordable housing like this.
PARTNERING with these programs can ensure a stable and predictable income stream.
And they desperately need Real Estate investors willing to work with them!
If you’re in a major city than there are hundreds if not THOUSANDS of caseworkers and landlord engagement officers whose sole purpose in life is to find Real Estate owners willing to work with them.
How do you think that’s going for them?
**HINT – what were your initial thoughts when first reading this email? /HINT**
Reason #4: Low Barrier to Entry
Lynette is one of the many many students that are testament to this.
Also check out our podcast wherever they are broadcasted under “Group Home Riches”.
Read our testimonies. Our reviews. Our comments.
They are FILLED with people like Lynette who
– Have no license
– DON’T NEED TO GET A LICENSE IN THE FUTURE
– Are Not Certified in way form or fashion
– Do not have a degree or Real Estate experience
– And have started with little to no money
REWIND THAT
Literally NO MONEY!!!!!!
Lynette ran her business out of the home that she was renting when she first stumbled on Group Home Riches!!!
As a matter of fact, MOST of our students start with little to no money!
IF IT TAKES A CALCULATOR, IT ISN’T A DEAL!!!!
Break one out if needed, but here’s some basic math.
The average room, depending on your market and the demographic, might generate $1,000 – $2,000 per BEDROOM. Not property. Bedroom.
Now take a 4 bedroom, or even a 5 bedroom plus piece of Real Estate. (We won’t even talk garage conversions that will increase the beds and cashflow. Let’s keep it conservative.)
Now take out your rent or mortgage payment, inflate the bills a little, factor in maintenance and vacancies.
Say $2,000 – $3,000 for expenses.
Now, even though day to day activities will be similar to property management, especially if you follow our systems we teach in the Gold Course, you are cashflowing ….
ABOUT 10X AS MUCH AS YOUR TYPICAL BUY AND HOLD PROPERTY!!!!!!
Want to know the best part??
The real “riches” we speak of?
Take a look at this text we received from one of our coaches the other day…
**Bonus reason**
You are helping out those in need.
[gravityform id=”2″ title=”true” description=”true”]