“ANDY, I WANNA BE A MILLIONAIRE SO FREAK’N BAD”

One of my coaching clients and GOLD COURSE students told me this last Friday on one of our monthly private training sessions.

I asked him if he knew Bruno Mars – Bruno has loftier ambitions.

So in today’s lesson, I am going to review with you what I learned from studying under a true (real-life) self made Billionaire.

BILLIONAIRE.

Remember, in yesterday’s lesson (Johnny Depp) I basically told you want NOT to do.

#1. You net worth calculation is SIMPLE.

Take the net income from you GROUP HOME BUSINESS and Multiply it by 4. That is it. EXAMPLE:

If you have 5 GROUP HOMES and each one makes you $2,000/ month then you are making $120,000 per year. Now add back personal misc. items such as Phone, Internet, Cable, Insurance, Automobile Expenses and even your personal rent or mortgage (if you run that through the business) this could easily be another $45,000 / year. Now take THAT # and multiply by 4.

$165,000 X 4 = $660,000. YOU ARE WORTH $660,000

DO THAT 1 more time and you are a MILLIONAIRE. IT IS THAT SIMPLE. WHY?…..

#2. INTEREST RATES.

Yes, rates are going up. But savers are still losers. They make about 2% on their CASH at best. Millionaires, Deca-Millionaires and Billionaires don’t sit on cash (by and large). They play with productive (semi-illiquid) assets. In the above example, the buyer of those group homes would make a 25% return on his / her money. This is how the game gets played

#3. CASH IS TRASH.

The Self-Made Billionaire that I studied under buys and sells companies. BIG COMPANIES. He started small and then built out his team. Back in 2011 when I was studying under him, he was worth about 2.8 Billion. Guess how much cash he had? About $50 Million. Do your homework and run that as a %.

Obviously every guy / gal and industry will be a bit different, but this is something to consider.

#4. AIM HIGH. PICK YOUR NICHE AT FIRST.

I teach people (LIKE YOU) how to get financially independent and successful using one of the oldest methods (and 2nd oldest profession) in the world.

LANDLORDING.

THE GROUP HOME AND GOLD COURSE niche is a bit different in that we take a small, 1,500 sq ft home and rather than renting it out to families, we rent BEDS out by the room.

Rather than grossing $1,200 per month – I teach you how to make $4,000 – $6,000 PER MONTH.

It is a SUB-NICHE within the real estate sector.

And it works. It makes COLD HARD CASH. SPENDABLE INCOME.

(NOT EQUITY – have you ever gone out to dinner or tried to purchase a house using your home equity? No. It doesn’t work).

I TEACH YOU HOW TO MAKE MONEY USING A TARGETED NICHE.

MY LESSON TO YOU

Although I did not learn this from any of my mentors, one thing that I must emphasize is the fact that $1,000,000 is not enough. Think back to lesson #2. Interest rates. Now think about real costs in a Sand State like New York, CA, FL (heck, even Texas now)…..Here are some simple calculations:

– A nice house is at least $1,000,000. With property taxes, insurance and maintenance you will drop at least $9,000 per month assuming you have some debt on it.

– Want to eat at whole foods? Tri-Tip Steak and a Nice Malbec on the weekends? Free Range Chicken? Organic Veggies? With a small family you will spend at least $1,500 / month.

– Want a nice car? You insurance alone will be $2,000 per year. Chances are you need two cars

– Vacation? Umm, yes. Get ready for $10,000 – $15,000 per year or roughly $1,000 per month. Want to fly private? One 3 hour leg to Cabo from DFW will run you $12,000. Thats $24,000 round trip. You get the point

– Schools, Nannies, Babysitters etc. In most instances, the public school systems are HORRIFIC. ABSOLUTELY HORRIBLE. Get reaady for $1,000 per month BARE MIN per child. 2 Kids? That’s $24,000 / year. The reality is that it will be closer to $50,000 for two kids.

Just like a business, your personal P&L is VITAL. It is an expense. And it is never what you think it is. It is ALWAYS more. I strongly encourage my GOLD COURSE students to get a book-keeper or begin keeping books on their personal expenses. In the above example it is probably damn near $16,000 PER MONTH and we haven’t even talked about clothing, utilities, telephone, internet etc.

$1,000,000 of Cash in the bank wouldn’t even cover 1 month of expenses. Hell, $1,000,000 of STOCK with an annual dividend of 3% (rough S&P dividend yield) would only cover about 3 months of expenses.

REMEMBER THE EMAIL ABOUT JOHNNY DEPP AND REVERSE ROLE MODELS??

Diversifying. How many so-called professionals tell you to diversify?

The only reason to diversify is if you don’t know what the hell you are doing and are not confident.

Diversifying is hedging your bets. It’s done to protect yourself against making the wrong choice.

Andrew Carnagie said “put all your eggs in a basket and watch them grow”. Me? I listened.

I don’t diversify, I put everything into something I know will work. LIKE GROUP HOMES AND I FOCUS until it starts cranking out recurring income.

Speculating. I never speculate. If I can’t tell you that this thing is going to pay me next month – I don’t do it. Bitcoin, RIPPLE, CARDONA etc. is speculating. Flipping homes is speculating. Stocks and Wall Street are speculations.

Buying the way Warren Buffet bought Goldman or BofA during the recession with a 10% pref? That will pay you each and every month (or quarter). That’s intelligent – Ben Graham – investing. It is what I teach my GOLD COURSE students

By the way, what does everyone on Wall Street tell you to do? Diversify. They aren’t even confident in their own investments!

I show you how to do this in my GOLD COURSE.

Step by Step negotiation tactics, marketing docs, and other audio and video courses YOU NEED to generate a SUBSTANTIAL PASSIVE INCOME through GROUP HOMES.

HOPEFULLY YOU READ MY ARTICLE EARLIER ABOUT STAYING FOCUSED.

Now, let me give you further PROOF that there is HUGE DEMAND for GROUP HOMES

READ TODAY’S WALL STREET JOURNAL ARTICLE.

IT IS FRONT PAGE.

“TIME BOMB LOOMS FOR AGING AMERICA”

Short Summary:

Demand:

There are millions of baby-boomers that do not have enough money to retire. There are millions of baby-boomers that do not have enough money to live. They need cheap, affordable GROUP HOME living environments. 

Supply:

There are not enough GROUP HOME ENTREPRENEURS to supply affordable group home housing for these Baby-Boomers. They NEED PEOPLE LIKE YOU.

Solution:

STAY FOCUSED. FOLLOW MY  GOLD COURSE and learn the insider secrets to providing housing and related services for this aging demographic. There is HUGE demand in this space and it is not crowded. You can make a FORTUNE while simultaneously helping others

Remember, as a GROUP HOME ENTREPRENEUR, your JOB is to find answers to other people’s problems. If you can be a problem solver in your community, not only will you help others, but you ill make A FORTUNE

If you are willing to invest in yourself, STAY FOCUSED and FOLLOW ONE COURSE UNTIL SUCCESSFUL (FOCUS) then you can set yourself up for life.

Interested in investing in yourself?

 CHECK OUT MY GOLD COURSE

WANT A FREE 10 PART COURSE ON HOW TO START, RUN AND OPERATE GROUP HOMES?

Stay Strong,

Andy

Yesterday, one of my GOLD COURSE members emailed me

(this is one of the benefits of being a GOLD COURSE member, you get email access to me for free)

Anyways, he asked me about an 8 MILLION proposed mental health cut to his local community and how it would impact his business. Here is what I told him:

As an entrepreneur, you need to learn how to make money in rising markets and falling markets. When others see void, you need to see opportunity. That is the model. You need to be an OPTIMIST. Now let me tell you and show you how this 8 MILLION proposed cut can positively impact you:

When the county cuts services, the MH/MR people will still continue to receive their SSI and SSDI payments. The positive thing is that the county will no longer be stepping in to provide housing for these people etc. which leaves a greater opportunity for you as the GROUP HOME entrepreneur. Essentially, your competition just got wiped out.

EVERYONE LOVES A GROUP HOME MONOPOLY

Look, if I showed you a way for you to eliminate your competition in the GROUP HOME business so that literally everyone in your community had to live with you, wouldn’t that be a good thing?

This is what is happening in this guys community.

The truth is, many of these non-profits are not running efficiently. When their $$ and budget goes down, someone has to step in and fill the void. Why not let it be myGOLD COURSE STUDENT?

The opposite holds true as well. When big money flows into these NGO’s, you need to learn how to get out there and grab it. I SHOW PEOPLE HOW TO DO THIS STEP BY STEP IN MY GOLD COURSE.  But for today, focus on how to see and find opportunity even when things look bleak.

NEED TO LEARN HOW TO DO THIS AND WANT TO START FOR FREE??

Do you want to fill your beds fast? Go over to the local homeless shelter. Every single one of the people at the homeless shelter is getting a monthly check! Pass out your cards, pass out your brochures, give them some T-Shirts with your company name on it…..YOU CAN HAVE YOUR 4 BEDROOM, 8 BED HOME LEASED OUT IN 2-3 DAYS!!! 8 X $550 = $4,400 PER MONTH!

This is just one sector within the Group Home Business and is the easiest and has the Lowest Cost of All of them To Start! Want more info?   CHECK OUT OUR SPECIALTY COURSES.

WANT TO LEARN HOW TO HELP OTHERS WHILE SIMULTANEOUSLY HELPING YOURSELF???

The Game Of Monopoly IS THE GAME OF REAL ESTATE

In today’s lesson, I am going to teach you some very simple truths about

STARTING YOUR GROUP HOME EMPIRE

#1. START TODAY. YOU CAN ALWAYS TRADE UP.

The minute you land on a property BUY IT. Do you want to PAY RENT or CHARGE RENT?

Do Not Be Scared if you don’t have the money to buy it. If you get a Deal – YOU CAN FIND A LENDER OR PARTNER.

Do you know the difference between a lender and a partner? A lender is typically a bank or debt partner. A typical partner will be an equity partner.

If you don’t know the difference, don’t worry.
GET MY GOLD COURSE

and start investing in your education.

Hint: 1 charges you monthly. The other splits profits with you. Those are the two basic differences

#2. Baltic Avenue or Park Place?

In the game of monopoly, you will actually get a better return buying the expensive stuff. The CAP rates are higher – meaning you get your money back faster.

In real life, it is often the opposite. Here is what I mean: the crap-hole down the road that you can buy for $45,000 rents out for $850 / month. The nicer home in the good neighborhood sells for $150,000 and you can rent is for $1,000.

Get it?

22% VS. 8%.

Obviously this does not take into consideration maintenance from animals that may live in the 45K home! Nor does it take into consideration time spent trying to collect from these types of people.

I REFER TO THIS AS DOLLAR PER HEADACHE

#3. In real life – although money is PLENTIFUL (There are TRILLIONS OF DOLLARS looking for a good home) 9 out of 10 people have no money!.

Most of my COACHING CLIENTS and GOLD COURSE MEMBERS only make $35,000 – $100,000 per year

(although some are mulit-millionaires with hundreds of millions of dollars worth of real estate – YOU KNOW WHO YOU ARE!)

If you are short on funds or income, you first need to invest in yourself and learn the secrets to raising money and capital from others so you can skyrocket your income. You also need to GET STARTED WITH YOUR FIRST GROUP HOME and can easily do so with minimal funds. How? FOLLOW THE LESSONS OUTLINED IN MY GOLD COURSE:

A. Buy Baltic Avenue. You can buy it for $60,000 meaning you need probably $3,000 – $8,000 to purchase it.

B. Don’t rent it out normally. You will get eaten up with Taxes, Insurance, Maintenance etc. Remember – you basically 100% financed it! Your mortgage alone will kill you.

YOUR JOB NOW IS TO CHOP IT UP AND PUT 8 BEDS IN THE HOUSE. CHARGE $600 PER MONTH PER BED.

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C. Remember those collection headaches I mentioned? Your job now it to learn how to recruit and manage. YOU NEED A HOUSE MANAGER.

#4. Revert back to RULE #1. BUY MORE ASSETS! Remember this simple lesson that WAS NEVER TAUGHT IN SCHOOL NOR FINANCE CLASS:

Assets put money in your pocket every month
Liabilities suck money OUT of your pocket every month

#5. See Rule #1 again.

You can always trade up or refinance. You can PLEDGE your properties as collateral to the bank thereby holding your assets and giving you the money to purchase more real estate.

On each property, keep utilizing the METHODS I TEACH IN MY GOLD COURSE
so that the cash you generate each and every month in 4X – 7X normal rents.

SUMMARY:

My GOLD COURSE will not do the work for you. You still need to play the game. But you also need to KNOW HOW TO WIN AT THE GAME.

When I was young, I loved playing Monopoly. I think I stumbled upon the fact that the objective was to simply buy up all the properties and charge rent to everyone (and eventually bankrupt them) early on. Nobody taught me. But once I won my first game, I inherently knew what to do.

I AM HERE TO TEACH YOU HOW TO WIN AT THE GAME OF LIFE, REAL ESTATE AND GROUP HOMES. 

Look, I remember when I was in my mid twenties and I played a game of monopoly with my friends. They STILL DID  NOT KNOW THE TACTICS!

I beat the shit ouf of all of them in about 60 minutes. These guys were college educated with high IQ’s. But they didn’t get it.

Hell, for those of you without down payment money or partners, YOU DO NOT EVEN NEED TO OWN THE ASSET! You can always rent it and sublease lease it.

Like I teach all my COACHING AND GOLD COURSE STUDENTS, AMAZON, WALLGREENS and DOLLAR GENERAL don’t own their real estate…..you don’t need to either if you want to start your GROUP HOME EMPIRE

Hope todays lesson was and IS helpful

Questions? Email me today!

Comments? Send me an email?

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FEEL FREE TO EMAIL ME. I AM HERE TODAY ONLY TO RESPOND TO YOUR QUESTIONS

I arrived in San Francisco yesterday. When crossing the GOLDEN GATE BRIDGE on my way to NAPA, the driver told us a story of his relative who was recently fired after 35 years at the same company.

He was an executive. The CEO of a subsidiary to a multi-BILLION organization. His job was to grow his division, and recently one of the acquisitions did not turn out as well as the board thought it should have. He was given two options:

1. Resign with 16 weeks severance
2. Be put on “Probation”

He resigned.

I heard another similar story the previous week. A young lady that worked at a production company was essentially the company whipping post. No matter what, whenever something went wrong – she took the blame. Apparently one of the shows they did was a flop….and guess what? 3 weeks later she was fired. Gone. 3 weeks severance.

TWO QUICK TIPS THIS SATURDAY AS WE GO INTO THE 4th OF JULY HOLIDAY

HOW TO COLLECT RENT AT YOUR GROUP HOME

#1. When the first of the month falls on a Friday and especially when there is a Holiday that weekend, START HOUNDING YOUR RESIDENTS / TENANTS FOR PAYMENT

Look, whether you run class A multi-family or Class D stuff (or somewhere in between like many of my GROUP HOME subscribers do) you will ALWAYS have a certain % of people that are going to SPEND ALL THEIR MONEY during that time period.

Your job is to get to them before the grocery store, liquor store or amusement park does.

Let me explain. Today is June 30th. July 4th is on Wednesday. Most people were paid yesterday or will be paid on the 2nd or the 3rd. TRUST ME, they are thinking about celebrating July 4th rather than paying their rent!START GETTING ON THEM TODAY.

TEXT, PHONE CALLS and IN – PERSON REMINDERS.

Get your house managers to start hounding the residents TODAY!

HOW TO COLLECT RENT AT YOUR GROUP HOME!!!

Obviously, if you are the REPRESENTATIVE PAYEE like I teach in my GOLD COURSEand checks like the one above get direct-deposited into YOUR bank account, then this is a NON-ISSUE.

(If you don’t know what a rep-payee is, click here to read about it on my BLOG)

Nonetheless, this is something SUPER IMPORTANT for you to know. I have been doing this 20+ years and I require all my managers to hound their people when the 1rst falls on or near a holiday

#2.

YOU CANNOT LET PEOPLE MOVE IN WITHOUT $$.

HOW TO COLLECT RENT AT YOUR GROUP HOME

Will TIME WARNER OR CHARTER COMMUNICATIONS come to your home and set up your cable TV without you first paying them? NO!

Can you move into an apartment without paying rent and deposit??? NO!

Remember, you are running a business. For Profit or NON-PROFIT you need to collect PRIOR to move in. NO EXCUSES.

Although this is SUPER OBVIOUS, I still get emails and phone calls from my GOLD COURSE and COACHING CLIENTS who are making this mistake!

DON’T DO IT!

HOW TO COLLECT RENT AT YOUR GROUP HOME
I trust these two Saturday TIPS are extremely helpful. Although they maybe obvious, going back to the fundamentals is important periodically.

If you are interested in learning both the FUNDAMENTALS of GROUP HOME OPERATIONS AND INVESTING and also the techniques, strategies and all the nitty gritty stuff you need to operate your 1rst or 20th care home, check out my

GOLD COURSE
WANT TO GET STARTED WITH A FREE, 10-PART COURSE???

CLICK ON THE ABOVE TO LEARN

HOW TO COLLECT RENT AT YOUR GROUP HOME

As we go into this 4th of July Week, many of you are going to have time to enjoy family and also time to reflect and think.

If you are thinking about investing in yourself, your future and possibly setting up 1 or 40 GROUP HOMES I want you to think about this.

TREES, MANAGE ORCHARDS

The first GROUP HOME is going to be WORK.

You need to study, put in your time and dig deep. You are going to need to dig deep and plant the tree.

But that one tree can and will become an orchard. Especially if you do it 2,3,4 or 5 more times.

Once you have everything set up the way I explain in my GOLD COURSE, your job is to manage your Orchard. Your Orchard will be your GROUP HOME MANAGER or House Manager.

MANAGE ORCHARDS. MANAGE YOUR GROUP HOMES. 
This is one of the lowest barriers to entry of any business I know with little to no competition.

The other great thing is the fact that it is HIGHLY SCALABLE, meaning that you can cookie-cutter the same business model that I personally use.

TOMORROW IS MONDAY. MANY OF YOU DREAD MONDAY. 

USE THAT FEAR TO PROPEL YOU TO GREATNESS. 

TODAY, I WANT YOU TO INVEST IN YOURSELF

INVEST IN YOUR FUTURE.

IF YOU WANT STEP, BY STEP INSTRUCTION, CHECK OUT MY

GOLD COURSE. 

IF YOU ARE ALREADY UP AND GOING, BUT NEED CLIENTS –

JUST WANT TO START WITH A FREE 10-PART COURSE??

I felt like today was not just a day to teach average joe’s how to replace their income and earn $3,000 – $20,000 per month with GROUP HOMES – BUT TO SHOW THEM WHAT IS POSSIBLE. As in BIG MONEY possible. 

Look, I am not part of this big-money, private jet crowd. I wish I was….but I am not.

But I am here today to SHOW YOU WHAT IS possible in this space – AKA this industry.

The GROUP HOME BEHAVIORAL HEALTHCARE INDUSTRY.

• Substance abuse treatment — The opportunity due to the opioid epidemic is enormous, but our understanding of what treatment models work continues to evolve. These people ALL need a place to live. A place to CALL HOME. Will you provide it? Thousands of my GOLD COURSE students are. Why not you?

  
  

• Eating disorders — There’s a big opportunity for companies that can increase the range of treatment options. But actually treating eating disorders is complex, with patients often suffering from a range of other conditions as well. These conditions often require living in a GROUP HOME or other care home type environment. Why not learn how to do this like I teach people in my GOLD COURSE?

  
  

• Intellectual disability disorders — Many of these patients need life-long care, and there is a continuing trend to treat patients in their homes and communities, rather than state-sponsored facilities. I have been actively involved in this “care home” model for 20 years. It works.  But as caregivers get older,  these patients’ needs – and the types of companies that provide them — are evolving. I teach people LIKE YOU how to evolve with the industry and operate in this new 21rst century environment in my GOLD COURSE.

  
  

• Autism spectrum disorder — The incidence of autism has more than doubled since 2000, and there is evidence that many individuals with autism, if diagnosed and treated early, can live a relatively normal life. But guess what? Many of those that are not treated, need a place to live. Why not be the person that provides that home for them like I teach my students in my GOLD COURSE. The

The above bullets are just a few sub-sectors within the behavioral health and group home space that you will come across when you start your care home journey.

• Clearview Capital portfolio company Pyramid Healthcare Inc. acquired Tapestry Eating Disorder Services of Western North Carolina.

  
  

• Clearview Capital partnered with management to purchase Community Medical Services Holdings, a provider of medication-assisted treatment programs in four states for patients suffering from substance use disorders.

  
  

• InTandem Capital Partners purchased Turning Point Centers, a substance abuse and mental health treatment program with four Utah facilities.

  
  

• Lee Equity Partners and FFL Partners bought a controlling stake in addiction treatment center operator Summit Behavioral Healthcare from Flexpoint Ford and other investors.

  
  

• FFL Partners purchased Autism Learning Partners, a provider of applied behavior analysis therapy for children with autism spectrum disorders and other developmental disabilities, from Great Point Partners, Jefferson River Capital and Scopia Capital Management.

  
  

• CCMP Capital Advisors bought a controlling interest in Eating Recovery Center from Lee Equity Partners and certain other investors.

  
  

• Pharos Capital Group portfolio company Family Treatment Network acquired Behavior Care Specialists of Sioux Falls, SD.

  
  

• Invo Healthcare, backed by Wicks Group, Jordan Company, and Post Capital Partners, acquired Autism Home Support Services, a provider of Applied Behavioral Analysis therapy to children with autism spectrum disorder.

  
  

• Baird Capital took a stake in Hopebridge, an autism therapy company with 15 clinics in Indiana, Kentucky, and Ohio providing Applied Behavior Analysis, occupational therapy, physical therapy and speech therapy to children with autism.

SUMMARY:

If you want me to coach you, mentor you or learn through my GOLD COURSE, I can show you the exact STEP-BY-STEP systems, technology, leases, agreements, house rules and management techniques I personally use. These are the strategies that will allow 99.5% of the population to retire tomorrow. 

If you want to simply learn and get started with my FREE, 10-PART COURSE – ENTER YOUR NAME BELOW

Andy