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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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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2018 – What is your Group Home Game Plan

This Group Home Room = Your Retirement

Group Home Room
Group Home Room

(THIS ONE ROOM in our Group Home = Over $1,500 in NET MONTHLY INCOME)

Hi ,

I’m putting up this Group Home Blog Post this Saturday afternoon with 1 tip and 1 inspirational story.

Group Home TIP #1

Group Home Automation. When you get your first group home up and going, furnished and making money your next step is to AUTOMATE. One of the easiest ways of automating is setting up your website and marketing systems to produce inbound leads for you while you sleep.

  • You can do this by coming up with a group home marketing flyer and 10-15 pre-scripted emails that go out to the nurses, case workers, social workers and doctors in you area one to two times per month.
  • You can set this up on auto-pilot using any old email system. Total cost Free – $99/month depending on how advanced you want it to be.
  • We actually include group home campaigns like this targeted toward disabled vets and other similar areas that you can use to build up your client base. All of this is included in my GOLD COURSE and you can literally just copy, past and change your company name and contact #. The calls will start rolling in in order to get your group home occupancy full and generating income ASAP.

Group Home TIP#2.

I have been absolutely slammed the last 6-9 months working on new projects – all primarily recent real estate acquisitions (in order to add more Group Homes to the portfolio) The past few weeks, my family and I decided to head out of town for a small break (quicker flight than Hawaii)- and so I am here right now writing this from my phone. The trip will cost a small fortune – but let me tell you a great inspirational story. Just last night one of my Group Home Managers told me he had received a call from a case worker needing to house a special needs client. We signed the guy up on a $3,500 three month contract. My margins on just that one client will probably be close to 90% because we will not be paying for food, and the social services agency is covering his gas, water and electric. Not bad! I just paid for half my trip with just one client without doing much if any work at all.

This is the power of the GROUP HOME AND HALFWAY HOME business. There are literally millions of people that need a place to live. I show people, step by step in my GOLD COURSE exactly how to do this and automate it so that you too can travel the world while others pay You!

Thoughts?

Questions?

Dont believe me?? Or dont think you can do it?? Think again! You CAN DO IT!

Send me an email and lets talk!

 

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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.

$149 Can Change Your Life Forever

From all your questions I got so far, I have noticed one thing that is common for most of my subscribers. You overthink things!

I get a lot of questions related to the price of my Gold Course and personal seasons. “Will they to pay off?” So, let me break down the cost vs the benefit of the Gold Course.

First of all, I am sure that most of your expenses on monthly basis are more than $100. You may pay for gas, food, rent, student loans and so on. Probably just your gym membership is less than $100.

On a list of your monthly expenses, my Gold Course would be somewhere on the bottom. But this course won’t cost you another $149 next month.

So, you pay for it once and use it for a lifetime. If you are patient and committed, this one-time small expanse can turn into a monthly income.

After more than 10 years in the business, I can say I am rich in every sense of the word. I help people who are on the bottom. I see them grow. I see them stand on their feet again. I see some of my former tenants with their own houses, families, cars and even group homes.The feeling is priceless!

This is not a course only about how to start your own business. This is a course that will teach you how to change your life. If someone told me that the life I desire will cost me $149, that would have sounded like one hell of a deal to me!

Overthinking is just useless. Things will come to you depending on how motivated, inspired, driven, committed, patient and ready you are. And things will come as soon as possible if you START NOW.

I’ll Teach You How To Make Money And Have Fun!

I just came back from my 3rd vacation this year. In 5 months I was on 3 ten-day vacations. I know for sure that most of you wish to have more time to do fun things in your life. So, I’ll teach you how to have fun while making money.

I didn’t realize how good life can be until I left corporate America. I can have fun and make money at the same time now!

Continue reading “I’ll Teach You How To Make Money And Have Fun!”

Treat Yourself!

  • Former tech CEO and a passionate car collector Antoine Dominic are one of the three people in the world who drives a Lamborghini Veneno. This is the most expensive car on the road as of 2014. He spent $4 million without even seeing it ahead of time. Don’t forget that this is not the only luxury car in his garage.
  • Socialite Theresa Roemer owns a three-story, 3,000-square foot closet. The luxury closet is designed after the department store Neiman Marcus. Could you imagine how many clothes and accessories she has?
  • The co-founder of Broadcast.com, Marc Cuban has a $40 million private jet and once spent $90 000 on a bottle of champagne.

Continue reading “Treat Yourself!”

The Blueprint For Success

One of the first things that you need to do if you want to succeed is to set clear goals. Next, you need a specific plan how you are going to achieve these goals.

Of course having dreams is important, but every single person on the planet has dreams. Only those who have clear goals and a plan can succeed.

Continue reading “The Blueprint For Success”

Why Now is The Time to Start Group Homes

 

We have seen this scenario play out many times before. You decide that you want to change your life for good. You start looking for ways to do this, and you come across the niche real estate industry of creating group homes, retirement homes, etc. and decide that you want in. You start reading and researching, and your desire to change just gets larger and larger. The problem is that researching is the first step, but it is not the last step. You have to go and take action, and I want to make sure that you do just that. There is no time better than the present to start group homes.

Continue reading “Why Now is The Time to Start Group Homes”