On this blog, we sit down with Orlando who is a brand new member of THE GOLD COURSE.
Even though he found us just a few weeks ago, he has already secured 2 properties to operate out of and was moving in his first tenant the day after recording our podcast.
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How can you get a Group Home business up and running so quick you might ask?
Well to start, contrary to popular belief there really is no lengthy legal process required. You don’t need to get a license, or a certification, or zoning approval, or permission from anyone to start.
Once you understand your rights as a landlord, your tenants’ rights, and wrap your head around the idea of “outsourcing” any services your tenants may need, you just need to START!
The first step is to start marketing your future Group Home. Reach out to local agencies that work with people who are in need of this type of housing, find out where the opportunities are and the demand is, and when you’re comfortable and confident enough go find a property!
There are a number of different strategies to secure a property. 2 of the most popular are partnering with landlords with zero money down, or like Orlando did, just simply lease a property.
On the podcast we really dial in on some of the key points to doing this.
- Have Confidence. This will come from your ACCOMPLISHMENTS. Maybe you have a background in a related field like nursing. Maybe like Orlando you have experience as a Real Estate Investor. This all helps, but the key accomplishment that a landlord is going to care about is actually having some tenants lined up. They are going to want to know that you can follow through on your promises. This will come from your marketing.
- Have a good pitch. Our GOLD COURSE will tell you exactly what to say and you can work in your own personal touch like Orlando did. He tended to focus on the demand and how much this type of housing is needed in his community.
- Mindset. You must start with a positive mindset. Matter of fact…you must have a positive mindset or you WON’T START. Orlando learned this quickly in his Real Estate investing career. He spent ZERO time sitting around in analysis paralysis mode. He did the same thing with his Group Home business. This mindset is the biggest difference between people like Orlando who have a blossoming business and others who WANT to start but (insert excuse here).
We know these are topics a lot of beginner’s struggle with so we went into as much details as possible for you!
Make sure to grab a notebook and pen so you can take some notes and subscribe and/or leave us a review if you get some value from it!
If you’re ready to get your 1st home up and running in the next couple of weeks like Orlando did, check out THESE TOOLS HERE to help you streamline things!
Have any questions holding you back? Email me or CLICK HERE to book a free 10 – 15 minute phone consultation with our team today!
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