DISABLED VETERAN HOUSING GRANTS – HOW TO MAKE MONEY

ARE YOU LOOKING TO MAKE MONEY WITH DISABLED VETERAN HOUSING GRANTS?

I go over all of this in depth in my FREE, STEP BY STEP 10_PART COURSE

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but lately many of you have been asking for more info….so here is some free cheese for you……

Homeless Providers Grant and Per Diem (GPD) Program (Learning how to obtain disabled veteran housing grants)
State, local and tribal governments and nonprofits receive capital grants and per diem payments to develop and operate transitional housing and/or service centers for Veterans who are homeless.
How It Works
VA funds an estimated 600 agencies that provide over 14,500 beds for eligible Veterans. Grantees work closely with an assigned liaison from the local VAMC. The VA GPD liaison monitors the services the grantees offer to Veterans and provides direct assistance to them.

Typically, the maximum stay in housing is up to 24 months, with the goal of moving Veterans into permanent housing eventually (Just remember, YOU ARE THE HOUSING)

WHO DO YOU PROVIDE HOUSING FOR?

The targeted Population are chronically homeless Veterans who suffer from mental-health or substance-use problems, or who struggle with maintaining sobriety; and Veterans with multiple treatment failures who may have never received treatment services, or may have been unsuccessful in traditional housing programs. These Veterans may have not yet fully committed to sobriety and treatment.

HOW MUCH DOES IT PAY?


$45.79 PER DAY PER VET. YES, YOU READ THAT CORRECTLY. $45.79 PER DAY. 10 BEDS = $457.90 PER DAY! HOW MUCH IS THAT OVER 1 MONTH? 

THINK YOU CAN MAKE ANY MONEY PROVIDING DISABLED VETS WITH HOUSING??

HOW DO I GET STARTED?

I hate to break it to you guys and gals but you are going to need to make an INVESTMENT. An INVESTMENT IN TIME AND MONEY. First, start by getting my free 10-STEP COURSE

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 and start learning. If you want to waste time trying to learn this stuff on your own, by all means. But you will spending 100’s of hours and make no money – versus just GETTING IT FOR FREE
In the interim – IF YOU ARE IN ATLANTA – get on the phone and start calling the following contacts and begin networking! 
SALVATION ARMY
275 Pryor Street SW, Atlanta, GA 30303
1000 Center Place, Norcross, GA 30093

Want to get on the phone and actually speak with the head of the Homeless Providers Grant and Per Diem Program?  Call  Jeff Quarles at 1-877-332-0334

DON’T KNOW WHAT TO ASK HIM OR WHAT TO SAY?

Then, chances are you need TO SIGN UP AND START LEARNING! 

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WANT TO GET STARTED APPLYING FOR GRANTS TO HELP DISABLED VETS?

1. Go to www.sam.gov

2. Create a Personal Account and Login

3. Click “Register New Entity” under “Manage Entity” on your “My SAM” page

4. Select your type of Entity

5. Select “No” to “Do you wish to bid on contracts?”

6. Select “Yes” to “Do you want to be eligible for grants and other federal assistance?”

7. Complete “Core Data”, Validate your DUNS information, Enter Business Information (TIN, etc.) , Enter CAGE code if you have one. If not, one will be assigned to you after your registration is completed. Foreign registrants must enter NCAGE code.,  Enter General Information (business types, organization structure, etc) Financial Information (Electronic Funds Transfer (EFT )Information), Executive Compensation,  Proceedings Details

8. Complete “Points of Contact” 

9. Your entity registration will become active after 3-5 days when the IRS validates your TIN information 

OK! Thats enough for today….thats probably $5,000 worth of FREE INFO!

Group Homes Are About Operating Cash Flow – But You Still Need To Watch The Economy

Group Homes Are About Operating Cashflow – Not financing or Capital Gains….But if you pay attention to interest rates and are a BUYER of Real Estate  – you may want to continue Reading….This is a quick synopsis of how interest rates CAN impact bond prices (and therefore – often REAL ESTATE)

Today’s post is not going to be in depth. We are not going to review procedures or policies for running group homes or assisted livings. If you want that, you can simply sign up for my free TEN PART course which will teach you the step by step ways of making money with group homes

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TODAY’S POST IS ABOUT INTEREST RATES AND THEIR IMPACT ON BOND PRICES

Quick Rule Of Thumb:

A 1% change in interest rates will equate to a price change equal in duration.

For example a 10 year duration will go UP, 10% if interest rates FALL by 1%

The inverse applies as well:

A 10 year duration will go DOWN 10% if interest rates go up by 1%

Remember, these are rules of thumb.

NOW LETS LOOK AT REAL WORLD EXAMPLES

Microsoft sold a 2057 bond (meaning it is DUE in 40 years earlier this month). The yield at inception was 4.5% and at the time, the ten  year treasury was at 2.41%.

Currently, the ten year is about 2.88% or about 1/2 a point higher and the microsoft bond price is down about 4.1%. Using the rule of thumb, a .5% increase in rates would = a 5% change in price assuming a 10 year bond. This Microsoft bond issue is 40 years, so I’d like for you to comment on how to better understand this! Again, not all rules of thumb are precisely accurate. That is why they are rules of thumb.

IN MY GROUP HOME BUSINESS, I WOULD RATHER BE ROUGHLY RIGHT THAN PRECISELY WRONG.

I make the above statement because I am not a wall street whiz or trader. I wont teach you how to be either. In fact, quite frankly I don’t know if I really believe the majority of these Hedge Fund guys can really make money on a % basis any better than how I do, or how I teach people to with group homes. Warren Buffet placed a bet with a few of these guys like 10 years ago and asked them to beat the S&P index over a 10 year period. None of them did. Did they get rich in the process? YES! But not from returns. They got rich due to great marketing and taking 2% of assets under mngt and 20% of the upside…..But I digress.

Now lets talk about group homes and what to do if you own the real estate:

Take a look at the chart above to get an idea of how this may affect you if you are a buyer of real estate. Remember, if you can buy LOW, you will have less debt service and therefore a larger monthly profit each month which is the NAME OF THE GAME in the group Home business. You are looking to HELP OTHERS and also MAKE MONEY WITH GROUP HOMES!

SUMMARY:

In the group home business, the lower your monthly payments are for the underlying real estate the larger your monthly profits and FREE CASH FLOW.

If you want to learn how to MAKE MONEY with group homes, assisted livings, foster homes, care homes, ICF or MHMR homes – I encourage you to sign up for my free, 10 – Part Course. I will show you the methods you need to take to get started making money with group homes and how to help others and feel great about what you are doing

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Why A $200,000,000 REAL ESTATE PORTFOLIO SOUNDS BETTER THAN IT ACTUALLY IS – Low Cap Rates Are Killers

Learn why a $200,000,000 (Two Hundred Million) Real Estate Portfolio MAY (MAY) sound better than it actually is. HINT: CAP RATES ARE EXTREMELY IMPORTANT. IF YOU ARE BUYING 4 CAP RATES YOU MAY WANT TO READ THIS!

Everyone loves to brag. The guys in the local business journals. The guys in the Wall Street Journal. The guys on YOUTUBE. What do they say?

“I have a 200 Million real estate portfolio”

To the average neophyte, this sounds impressive. And it very well maybe. Especially if it was purchased during the previous recession – or possibly you are an OLD SCHOOL Billionaire like Donald Sterling with tens of thousands of units. Someone in either of those positions is DEFINITELY in a position to brag.

BUT WHAT ABOUT THE GUY THAT STARTED BUYING IN 2014 and brags about his 200 MILLION PORTFOLIO?

Lets consider the facts:

Cap Rates in most tier 1 and even popular tier 2 markets around high 4 cap rates or maybe low 5’s. Of course, everyone thinks that they are buying an 8…..until the numbers actually present themselves in the lack of distributions.

So here is some quick math:

  • $200,000,000 Million of real estate that was purchased on CAP RATES of 5% will yield a net operating income of $10,000,000 per year. 
  • Assuming an all debt transaction (No Equity) the annual (P&I) payments assuming a 4% Interest Rate over 30 years are $11.457,967.09
  • At the end of 12 months, you have lost $1,457,967.09

YOU READ THAT CORRECTLY

THE GUY BRAGGING ABOUT HIS $200,000,000 REAL ESTATE PORTFOLIO IS LOSING MONEY because he is buying stuff like this (and these advertised cap rates are way higher than actual)

http://www.loopnet.com/Listing/533-Evergreen-St-Inglewood-CA/11386063/

Can he make this up by selling if the property value goes to $250,000,000? Yes! But from a pure cashflow standpoint, it is risky.

Interested In Learning How To Make 100% Returns On Your Money? Get My Free, 10-Part Course

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LETS TAKE THE RISK OUT OF THE CAP RATES AND INCREASE THEM A BIT. LETS ALSO PUT SOME EQUITY INTO THE TRANSACTION. 

OK, now lets assume that the 200M of real estate was bought on an average of 5.5 – basically cap rates that avg out to 5.5%. Lets also assume that the owner (owners) injected 20% equity into the project:

TOTAL DEBT: $160,000,000

Interest Rate: 4%

Cap Rates: 5.5%

NET OPERATING INCOME: $11,000,000

Monthly P&I payments: $763,864.47

Annual P&I Payment: $9,166,373.67

NET INCOME BEFORE DEPRECIATION ETC = $1,833,626

Look, this is BIG MONEY. And the guy pulled off about a 9.1% CASH ON CASH RETURN on his money when he bought the portfolio with a blended avg. of 5.5% CAP RATES…..

BUT HOW MANY PEOPLE ACTUALLY HAVE $20,000,000 to put down?

If they raised $20,000,000 what guaranteed return would they need to offer their investors? And what % of the deal would they get for themselves?

Obviously, people have gotten tremendously wealth with this formula. But for the avg individual, this is very HARD to pull off. Assuming no appreciation and assuming an 8% pref, there is roughly $18,336 left for the GP’s to divvy up with their LP’s…..hardly a feast for anyone – unless you live in Venezuela!

I show people a very simple formula that I have used to create monthly passive income. You won’t become a millionaire overnight. And quite frankly, this is not a formula for someone that already has 7 figures saved up. This is the exact formula that I used to retire by first creating a $3,000 passive income stream and then repeating the process 10X over. Just 2 little properties can get you to $6,000 per month which is enough for most people to live comfortably on…..ESPECIALLY IF THEY DONT HAVE TO WORK FOR IT!

Sign up today for my free 10-part wealth building course. You Will Be Glad You Did

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One Mans Trash Foreclosure Is Another Mans Treasure

HOW TO BUY FORECLOSURES FOR PENNIES ON THE DOLLAR AND TURN THE FORECLOSURE INTO A MONTHLY OIL WELL THAT PRODUCES BIG PROFITS

I will buy 30 – 40 or so homes like this (buy foreclosures) in 2018. These houses may look like trash, but with a bit of knowledge you can turn them into TREASURE. Yes, foreclosures can be your GOLD

Let me give you an idea of what can be done with a foreclosed house like this and for what price you can pick up foreclosures for depending on your city

                              This foreclosed property was purchased for $28,000.

I will spend probably $10,000 on labor and another $5,000 – $10,000 on materials fixing it up. Rounded up, this house will cost me roughly $50,000 when it is all said and done. The final value? Probably $130,000 on the low  to $160,000 on the high. To me, it really doesnt matter. What matters is the income that it will generate.

 I WILL RENT IT TO MY GROUP HOME BUSINESS FOR $1,000 per month.

 

Market Rents would be about $1,200 / month

Buy Distressed Real Estate For Income
How to buy Distressed and foreclosed Real Estate For Income

Whether you want to use foreclosed houses like this for your group home or care home business, rent them out, sell them on terms or flip them for cash –

                                                  YOU HAVE A LOT OF OPTIONS. 

This website is dedicated to showing people like you how to set up and operate gr0up homes. One part of the wealth building formula that I teach is

 

                                            FINDING FORECLOSED PROPERTIES

like this, fixing them up and then holding onto them.

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Look, the houses dont even need to be foreclosures. They could be short sales or simply distressed property. Another secret is knowing WHERE to look. If you are in Los Angeles, chances are you are going to have a tough time finding foreclosures at the moment. The banks are holding onto them. So you need to look elsewhere. But once you find the location – AKA your farm area, you can find an ABUNDANCE of motivated sellers. Just remember, the window of opportunity usually doesnt last long. Heck, just look at Detroit!

In a nutshell, you need to learn how to market for these types of properties. After you learn how to find them, you need to learn how to fund them.

 

                                               After that comes the HARDEST PART.

                        Learning how to fix them without getting taken advantage of.

                                                   YES. THE CONSTRUCTION ASPECT

This is where most people lose their asses. The final part is EASY. Renting, Selling or Financing them out.

I have compiled all of this in my step by step system. Continue checking in on the Blog or simply sign up for my FREE, 10-Step GROUP HOME COURSE

 

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buy foreclosures and make money
Learn to Buy Foreclosures and turn them into income

Questions? Comments? LET ME KNOW YOUR THOUGHTS or sign up for my free 10-part course below

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Homeless Veteran Grant Per Diem Program

Homeless Vet Grant Per Diem
Homeless Vet Grant Per Diem

On a client consulting call yesterday, one of my students asked about grants. I explained to her that yes, Homeless Vet Grant Per Diem Grants were available, but the money flow looks like this:

FED GOVT—TO THE STATE GOVT—-TO LOCAL GOVT—TO LOCAL PROVIDERS

 

WHAT ARE LOCAL PROVIDERS?

Local providers are people like you!

They are also the local CANS (Community Action Networks) and other non profits that are responsible for administering the homeless veteran grant per diem program monies and other different grants. Once you begin building relationships with these local grant recipients and marketing your housing options to them, they will begin contacting you! Typically, they will look to help place people for the following reasons:

  • Bridge Housing: Emphasizes short stays, quick connection to permanent housing and necessary supportive services and benefits for homeless veterans that are in need of the grant per diem
  • Service-Intensive Transitional Housing: Emphasizes slightly longer stays paired with intensive services and supports to address a veteran’s barriers to achieving permanent housing; or
  • Transition-in-Place: This is more of a section 8 type program where the homeless veteran grant per diem program is essentially run through the section 8 VASH program office. It is a time limited transitional housing option where the veteran takes over the lease as their permanent housing.
HOW MUCH CAN I CHARGE PER NIGHT, WEEK OR MONTH WHEN HELPING HOMELESS VETERANS ON THE GRANT PER DIEM PROGRAM?

It runs the gamut, but by and large $18 – $46 night (FOR HOUSING ONLY). Remember, there are multiple “types” of grants within the homeless veteran space (Mentally Ill, chronically homeless etc) and all pay different amounts. Remember, the homeless veteran grant per diem program is just one of many funding options for you!

In my Gold Course, I outline the different niches that you can serve once you get into the group home industry. At the very beginning however (unless you already have an “in”) I recommend being a broad based provider for a variety of special needs communities. Don’t restrict yourself to homeless veterans only – open it up for all types of people. Eventually, as you begin building up your network of Doctors, nurses, case workers, social workers etc. your phone will begin ringing off the hook and you can begin setting up specific homes for specific needs – i.e. homeless vets struggling with substance abuse issues

WHO CAN I CONTACT TO LEARN MORE ABOUT THE Homeless Veteran GRANT PER DIEM PROGRAM?

I typically only help my Coaching Clients build out lists of names and numbers in their local community – but today I want to give out some more specific info. Because I do not know exactly where you live, the best place to start is at the VA Headquarters.

What you can do is reach out to the following list of people in DC and ask them whom to get in touch with in your local community.

Mr. Jeffery Quarles, Grant Per Diem Program Director: EMAIL: Jeffery.Quarles@va.gov 

Ms. Chelsea Watson, Deputy Director, VA GPO National Program Office:
EMAIL: Chelsea.Watson@va.gov

Ms. Lisa Pape, National Director, VHA Homeless Programs and now Chief of Staff(202) 761-7016 

Remember, when contacting these people, make sure you have your SCRIPT put together like I outline in my GOLD COURSE. You need to sound professional and know what you are talking about!

Hope this information is extremely beneficial for you! 

Bitcoin or GROUP HOME, CARE HOME AND SOBER HOME ENTREPRENEURSHIP

how do i sell my bitcoin?
How do i sell my bitcoin?

It is already January, 2018. Can you believe it? The entire population of the United States seems to be in a euphoric state with the stock market continuing to go up (recently over 25,000), the value of their “Cryptocurrency” and bitcoin going up and the value of their Dot.Com 2.0 VC backed companies going up….

But I have a question:

WHERE IS THE MONEY?

Maybe I come from a different school of thought, but seriously, when was the last time you went out to dinner on your home equity? What about making your mortgage payment with the value of your new Bitcoin? Just imagine…

Banker: “Mr. Jones, You are past due on your loan. We are set to foreclose next month”

Bitcoin, Altcoin or Home Equity Millionaire: “Mr. Banker, don’t worry about that, my bitcoin has gone up from $8,000 to $14,000 and the value of my home has gone up from $200,000 to $275,000”

Banker: “I am glad you feel wealthy. Pay your mortgage payment or we will foreclose the first Tuesday of next month.”

Bitcoin, Altcoin or Home Equity Millionaire: “Don’t worry, I will just sell some Ripple, convert it to bitcoin and then convert it to cash to make my mortgage payment”

Obviously I am joking around here (although this story is not that far off from many peoples’ reality) but let’s step back and think about this for a second. People have completely forgotten about the importance of making money and making a profit. It seems like they are only concerned with the price of their home or bitcoin! Remember, when the value of your home goes up, so do taxes! And unless you plan on selling, you need CASH to live.

What about your Bitcoin or other alt-coins? Well, what happens when you attempt to login to Coinbase or Binance and they tell you that “Due to high traffic, we are currently shut down” 

WHY A NICHE PLAY IN THE SOBER HOME, CARE HOME, OR GROUP HOME REAL ESTATE MARKET MAKES SENSE

Two words: CASH FLOW

1 small, 4 bedroom group home with 8 beds  – Whether it is in Detroit, Akron Ohio, Tampa FL or Houston TX will generate a bare minimum $4,000 per month. How much money do you need in the stock market (or in a bank) to make $4,000 per month? I would argue close to $1,000,000.

This is the value of owning your own GROUP HOME business. 1 small home, $4,000 per month in top line income. Each and every month the home spits off rents that are 4-6X what a normal rental would be. And the demand for this type of housing continues increasing EACH AND EVERY DAY as the divergence between the haves and have nots continues increasing.

Do bitcoin, other cryptocurrencies and stock bubbles have a place in people’s retirement? Sure they do. But I woud venture to say that there are more paper-millionaires out there today that are having trouble paying their bills than in anytime in a long while. Why? Because people have forgotten the fundamentals. CASH-FLOW is like oxygen. You need it to live.

I am a huge advocate of GROUP HOMES.  I show people how to set them up then teach the steps to automate the entire business. Is it easy at first? No. But it is after you have your team in place. In fact, I would venture to say it is easier (and far more reliable) than any stock market investment or bitcoin investment.

Here is my thought. If you want to invest in bitcoin or the stock market – first become self-sufficient without having to work 40+ hours per week. If you need $5,000 per month to live, then 2-3 Group Homes will do the trick for you. In fact, just three little group homes can change most peoples lives. And if you want to use the leftover money to buy bitcoin – go for it! I show people how to do this when they sign up for my free, 10-part course. My business model has been tried and tested for nearly 20 years. I have been through the recessions and the expansions. It is a no-nonsense, Warren Buffett method for accumulating wealth and setting yourself free.

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Thoughts? Comments? Disagreements? Let me know how you feel!

Want $3000? Check this out!

Give me only one month of your time and I will change your life! I made the Gold Course to guide all of you looking for financial freedom outside of your workplace. Here is why you should let me help you:

– No experience needed

– Results in one month

– At least $3000 monthly passive income

You’ve waited for too long. Now is the time to take an action and open your own business that can make at least $3000 a month. Group homes don’t require a big investment in advance. You could either rent or transform your property into a group home.

You can turn a house into a group home in just days. Go to few garage sales, get basic furniture and there you have it. Let’s say you start with only six people. Now let’s say you charge the minimum of $500 per month. You could make a monthly passive income of $3000.

My Gold course makes you skip the trial and error and jump right into making money.
You should never rely on one source of income. If you already do, this is your chance to change that ASAP.

L(Earn) Today!

Remember the big fight between Mayweather and McGregor? As we all expected Mayweather is the winner. The weird thing was the reaction of the audience. We all know Mayweather’s crazy lifestyle, but why people bother so much?

Yes, Mayweather likes to exaggerate and brag about his money. But he came from nothing and managed to make 300 million for one night. It’s his right how he’s going to spend his millions.

People usually think that millionaires are cocky and insensitive. What they don’t realize is what millionaires have been through to get where are they now. Mayweather had a drug addict mother, drug dealer father who was in prison at some point and lived in the worst neighborhood. He could have taken drugs, get in a gang, but he became undefeated with millions on his account.

He stayed determined and pursued his dreams. That’s where most people fail. So, we all could learn a lesson from Mayweather.

McGregor, on the other hand, was bold enough to switch from MMA to boxing and accept to fight with The Undefeated. This made him 30 million which is more than everything he has earned so far.

If you are bold enough to make decisions that others wouldn’t, you’ll live the life they couldn’t. The same applies to business. The entrepreneurs who react fast and are ready to adapt get the most of the money.

I opened my first group home without anyone’s help and with only basic knowledge. I had to go through trial and error, but nothing could get in my way. I was one of the first in the area to open a group home. I risked, but it was worth it.

You don’t have to risk as much as I did. I have the Gold Course to guide you through the process of opening and running a group home. You just have to make a decision and stay determined.

I went through the hard way and made it happen. You are in a way better position.

Work Less, Succeed More!

HOW TO MAKE GROUP HOME RICHES THE RIGHT WAY BY WORKING LESS AND SUCCEEDING MORE. GROUP HOME RICHES IS NOT JUST FINANCIAL. IT IS GROUP HOME RICHES IN THE SPIRITUAL SENSE AS WELL

Most people tend to overwork when they want to make more money. That’s not a bad idea. But on a long-term basis, something will break if you work a lot. You may lose most of your friends, get divorced or put your health at risk. So, even if you feel that you can handle 55-60 or more hours per week now, that won’t last long.

And at the end of the day, you don’t want to miss living life because you were busy making money.

But how could you possibly afford more if your work less?

Hard work is simply not enough. It could help at some point, but you won’t be able to maintain the same energy and productivity after years and years of hard work.

The corporate world taught us that more work equals to more respect. I was personally happy 15 years ago when my boss gave me more responsibilities. So my promotion wasn’t a promotion at all. I wasn’t moving forward in life. I was working more and had less time for everything else that I love to do.

So, I figured out that I had to work hard but for myself. Only when you work hard for yourself you could succeed more.

I was able to grow my group home business and hire other people to work for me. I have a lot more free time now and a lot bigger monthly passive income. So hard work pays off, but only when you don’t have to work that hard anymore.

If you want to find out how to achieve more with less effort check my Gold Course. All I am asking is a bit of your time and determination. You’d be surprised how your life could change in just months.

Hakuna Matata Group Homes!

You know what’s Hakuna Matata! A problem-free philosophy! So are the group homes!

Most people start a group home as a side business. On the other hand, most companies don’t encourage their employees to have a side business. In the worst case scenario, they prohibit them.

They might question your loyalty and your performances even if you are an excellent employee.

If you decided to start a side business you probably wonder should you tell your boss or not.

There isn’t a correct answer to this question. If your company allows side businesses but doesn’t encourage the idea it’s probably better to keep your side business as a secret.

There are 2 important reasons why:

1. Any issue with your performance might be addressed to your side business.

2. During layoffs, you might be the first on the list because the company may consider that you have other means of survival.

If you want to ditch your job once your side hustle gets going it’s definitely better to keep it as a secret.

Anyway, we can’t exclude the possibility your boss to find out about your side business.

With so many possible problems in the way, you are probably curious why I referred to group homes as a problem-free philosophy.

This is why:

1. Group homes generate monthly passive income and don’t require much activity from your side. Your boss can’t address any issue with your performance to your side business.

2. Group Homes aren’t considered as a competition to any corporate business.

3. Group Home is like renting a property. A lot of people with full-time jobs rent part of their house or other property they own and their employers are totally fine with this.

You can quit your full-time job after you open your third group home. And until then you have no reason to worry!

After you open your first group home and run it for a while, money will pile up in your bank account every month. This allows you to expand and open your second and your third one.

The sooner you start, the sooner you can ditch your 9-5 and be your own boss!