NAPA VALLEY – HOW TO VACATION WITH WHOM YOU WANT AND WHEN YOU WANT

The Famous George Strait (Jeff Bezos’ Cousin) once said a life living is worth living well. I say, you need to ask yourself how to Vacation Well And Create Money With Group Homes in order to get “Livin’ Well”…..

Which leads me to a thought…

A long time ago, one of my mentors told me the following:

  “One Mans Trash Is Another Mans Treasure”

I listened. Why? Because the guy was worth probably $30,000,000 (Back then) and lived in a beautiful home (even he admits personal residences are liabilities)

I bring this up this morning because as I sit writing this in Napa Valley, it is ever apparent. I just looked at my phone and reviewed photos of a dilapidated property that I just acquired for probably $0.20 on the dollar……Yet here I am looking at this view

 

How to start a group home and vacation when you want
How to start a group home and vacation when you want

 

Yet all of this beauty is provided to me through properties like this:

Group Home Fix Up
Group Home Fix Up foreclosure
Buy Distressed Real Estate For Income
How to buy Distressed Real Estate For Income

  You See, This property was one mans trash…..AND I TURNED IT INTO MY TREASURE 
(You can see photos and a blog post of it here)


This Trash is Actually Treasure
REAL GOLD

A treasure that allows me to spend a week in the early part of February in one of the most beautiful places in the entire United States.

$300 dinners, wine, private limos, private wineries and 5 Star Resorts where the rich and famous live and play. Lebron James was here a few weeks ago. $10,000,000 – $20,000,000 Million Dollar homes line the hills.

I owe this lifestyle and the riches and experiences that it provides for my wife and family to my business acumen, more specifically real estate and the
                          INCOME GENERATING POWER OF GROUP HOMES. 

You seeregular real estate sounds great. People can brag. I own X dollars of real estate. It sounds great on paper. And if they sell (assuming they purchased correctly) their overall pops can be tremendous. But with capitalization rates as low as they are, someone with a $100,000,000 million empire may actually not have that much money coming in. You see, a 5 Cap building with a 4% interest (and principal) expense doesn’t leave much room. I will write on this topic at another time ( I actually know of people with $200,000,000 Real Estate Portfolios that don’t make any money)

But a $30,000 home with 8 beds and a house manager could yield you the following:

Revenues:                       $4,800
Utilities:              $500
TV/Phone:         $100
Food:                 $350
Rent:                  $500
Other:                 $500
TOTAL EXPENSE           $1,950
———————–
MONTHLY NET INCOME:               $2,850

I TEACH PEOPLE HOW TO GENERATE MONTHLY PASSIVE INCOME IN MY FREE 10-STEP COURSE

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For most of my subscribers, 2 or 3 homes will set you free. Free to do what you want, when you want, with whom you want.

  • Want to come to Napa for a few weeks? Go for it.
  • Go to Maui for a Few Weeks? Go for it.
  • Argentina for a few months? GO FOR IT.The process takes time to get up and going and will not provide you with $50,000,000 capital gains like a 1000 unit MF portfolio very well may.BUT, it will provide you with the cashflow lifestyle that I teach people how to create….

Get Started Now

 

The best part about this business is that you really don’t need any money.

  • You don’t need credit
  • You don’t need to talk with bankers
  • You Don’t need to put together financial statements

Those are all prerequisites when you want to buy a $20,000,000 asset.

However this business can be done with little to nothing.

You don’t need to own. You can rent the property to get started. Later down the line, I will teach you how to ramp up your game and build wealth through the acquisition of real property….but for now, LEARN HOW TO GET FREE. FREEDOM  is the name of the game.

And for most people, $3,000 – $6,000 per month of passive income will do the trick.

Want to learn how to do this? Follow a free, 10-step course and get started NOW. 

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START LEARNING TODAY. MAKE THE DECISION TO CREATE THE LIFE YOU WANT IN 2018

How to Stop Worrying About Money?

Just get rich! Seriously, there is no better way!

First of all, I eat, sleep and live significantly better since I got rich. I also worry less, especially about small things that most people worry about every day.

About 11 years ago I stayed in an average hotel in Santa Barbara. During my checkout, the gentleman at the front desk informed me that I made a huge stain on the wall in my room and they will have to charge me for the damage.

I barely stayed in the room and I was pretty sure that I had nothing to do with the stain. Maybe the housekeeping lady accidentally stained the wall. Anyway, the guy insisted that I have to cover the damage.

This literally ruined my vacation. I was saving for so long to afford a decent family vacation and any unexpected expense was a reason to worry about.

On the other hand, If this happened today I wouldn’t bother at all. If I end up being charged I can easily afford it.

Now I earn money even while I am sleeping. I earn monthly passive income from my group home business and the money keeps rolling in no matter where I am or what I am doing.

Not to mention that something like this would never have happened at the expensive resorts I spend my vacations now.

That’s why I enjoy being rich. I don’t have to worry about irrelevant things such as where to dine in, where to park or when the flight tickets are the cheapest. Being rich saves a lot of time and effort.

Back in the days, I would spend hours reading reviews and thinking if a certain online course, program or book is worth the money. I just don’t care now. I will buy it and determine myself.

I transferred the formula that made me rich into an online course. I don’t want every single little problem to ruin your day. I want you to have more awesome days like I do!

I am so grateful for the amazing life I have now and I feel that is my obligation to make your days better.

I’ll do my best to make this happen, are you in?

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!”

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”

Make Money While Making a Difference

Years ago I read a sad story about children that live in poverty and don’t have access to proper education.

I donated $30 and that probably didn’t solve much. I couldn’t afford more.

With the job I had at that time, I could barely make a difference. I would make a small donation and all I could do was hope that more people would do the same.

Now I have the freedom and the control to make huge differences.

In fact, I am making money by making a difference in people’s lives.

Continue reading “Make Money While Making a Difference”

Looking For a Way to Get Rich?

Looking for a way to get rich?

Start with your morning routine!

Have you ever wondered what successful rich people do every morning?

I challenge you to try their routine! I assure you that their morning habits are one of the reasons why they are so rich.

Continue reading “Looking For a Way to Get Rich?”

How Much Money Can Be Made Starting A Group Home

Is there any money to be made with group homes, transitional homes, sober homes, halfway houses or MHMR homes? Don’t let them fool you!

Let’s get into the high-level details.  A 30,000-foot level – of the financials behind running group homes.

Businesses come in all shapes and sizes. Whether it is a developer of land who purchases large tracts of land, entitles it and sells it off piece by piece. Or an owner of a Thai restaurant who buys 1000 eggrolls and then sells them 1 at a time. or it is a local bar that purchases beer by the kegs and then sells them by the individual glass – they all have one thing in common. All these businesses are buying in bulk and selling in smaller pieces. Renting out an apartment is the same thing. And the more apartment units you have in a building, the more rent you will take in.

 

Understanding The Money

The group home, assisted living, halfway house or transitional home business is the same from a generic standpoint.  Let’s take a normal property, for example, a four bed, two bath home. In a typical Texas neighborhood, this property will rent for anywhere from $1000 – $1350 per month. Unfortunately, most properties of this nature will cost between $115,000 – $155,000. Without a substantial down payment, this property will eventually be a money loser on a monthly basis before any potential appreciation or capital gain. However, let’s assume that you decide to start up an assisted living company, group home company or something of that nature and rent out the property by the room? What if the rent you collect is $600 per month? BINGO – Hopefully you are getting the point. The property now brings in over $2400 per month.

 

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Understanding The Landlord

This type of landlord is not new. In fact, many refer to it as the second oldest profession in the world! Now, take a minute and think about some of the world’s greatest fortunes that initially started from this simple concept. Let me give you a hint; you probably have stayed at one of their hotels…and you may have seen one of their great grand-daughters acting as they worked in the world’s oldest profession. Conrad Hilton started out with a small rooming house in San Antonio, New Mexico and perfected his craft from there. The family has since built it into one of the largest hotel chains in the world because of his efforts.

But Hilton is just one example of how a small boarding home, rooming home or transitional house can give you the seed money you need to continue scaling up. There are tens of thousands of group homes throughout the country…and they wouldn’t be around if they weren’t profitable. And then there are the larger players…companies that are owned by private equity. Do you think Steven Schwarzman and Blackstone Group would have purchased Southern Cross, the biggest care home provider in Europe, of this was not a profitable industry? Remember, Private Equity’s job is to MAKE MONEY.

Jerry McGuire SHOW ME THE MONEY representing your need to make money.

 

The Opportunity is There for You to Take

Although we are only touching on the high-level financial aspects of care homes, nursing homes, group homes and MHMR homes; it should be fairly clear and obvious that even the owner of a small group home with six residents can make a lot of money with minimal hours. I will let you do the math on seven clients because at $600 per month and a small $950 per month rent or mortgage payment.

Now you must also remember that a “group home” is simply a generic name. Within the “group home” industry are literally hundreds of difference “sub-niches”.  Also, consider that “group homes” are simply a sub-niche of the real estate sector. That said, each “sub-niche” will have its different problems and solutions as well as differing amounts of work required to make the operation run. Student “group-home” living is going to be relatively passive, as will be elderly group home housing in the 50 – 65 age range; while housing violent ex-offenders in a group home would potentially be more lucrative but would require more staff and therefore management time. These are all things to take into consideration when determining how much money can be made operating a group home!

If you are looking for additional information on how to start a group home, halfway home, transitional living home, sober home, foster home, ICF/MR home, DADS Home or other type of care home for people with disabilities; check out our free course on starting your very own income-generating group home by clicking here or going to www.grouphomeriches.com and clicking on the free wealth building course.

If you think this was helpful… check out our membership site! The information here has helped many to earn more than $10,000 per month. 

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