The Above Room Will Keep 4 People Warm Tomorrow and Will Cover The Group Home owner’s Monthly Overhead….For Life

How William Got His First Group Home Opened?

William joined our FREE 10-PART COURSE  to start his group home about 3 or 4 months ago.

Right after that, COVID-19 hit.

While the country shut down and many people put their lives AND dreams on hold, he took the opposite approach.

He saw it as a blessing and invested in our ONE ON ONE COACHING PROGRAM and built his own website.

He also used the instructions from our coaching combined with the FREE 10-PART COURSE material exactly how we laid out and set himself up for the life he has always dreamed about.

On this episode of THE GROUP HOME RICHES PODCAST we do not cover all of the Netflix shows he binged on, video games he played or his favorite food delivery service he pigged out on during lockdown.

Because he didn’t have time to do any of that!

Even while STILL working full time from home, he took the extra time from driving and doing busy work at the office to do the following:

• Amassed over 1500 contacts to market to like social workers, case workers, non profits, social service organizations etc. Exactly what we cover in the Beginner’s Guide of  our course.
• He used many of the 73 marketing techniques in our course to sign up SEVENTY FIVE tenants on his waiting list BEFORE he leased his first property.
• He got his first home leased after a week of searching. After pitching the idea and offering to clean the house after the last tenant, it was a no-brainer for the landlord to work with him.
• He got 3 more homes under contract to purchase, with full capacity ALREADY contracted through one of the non-profits he marketed to.
• Has a verbal agreement to get FIFTEEN more from just one, tired landlord and he had his first home open about a week before our recording and is already profitable.

We really just wanted to have him on to discuss how he got his first tenant and lease, but he TOTALLY underestimated his progress before the recording. What a pleasant and MOTIVATING surprise!

You can do the same thing! You don’t need a license or a lot of money to start and we cover exactly why in the interview.

If you’re interested in getting started in this extraordinary, well kept secret of a business and want to streamline things check out FREE 10-PART COURSE.

Group Home Lessons From a Time Traveling Billionaire

Tools of Titans by Tim Ferriss is one of my favorite business books. It’s a collection of short interviews with mega successful people from multiple industries.

I was re-reading the other day and a quote by one of PayPal’s founders, Peter Thiel, struck me because it’s a common issue many of our Group Home Entrepreneurs have.

Q: What do you wish you had known about business 20 years ago?

A: “I wish I would have known that there was no need to wait…not until I started PayPal did I fully realize that you don’t have to wait to start something. So if you’re planning to do something with your life, if you have a 10-year plan of how to get there, you should ask:

Why can’t you do it in 6 months?

After a ONE ON ONE COACHING CALL last week, this point really dawned on one of our Group Home Entrepreneurs.

His goal was to open 6 Group Homes over the next 5 years. We calculated that would bring in around 12 – 18K PER MONTH! AFTER EXPENSES!!!

Not a bad long term goal right??

Well after explaining the main points in our FREE 10-PART COURSE, guess what?

It dawned on him that he would be able to do that in his FIRST YEAR!!!

Just like our founder did, and just like many Group Home Entrepreneurs have done all over the country! Check out some of their stories on THE GROUP HOME RICHES PODCAST!

Here are some common misconceptions that make people think this is IMPOSSIBLE when it’s really quite simple:

– You don’t need a license

– You don’t need a big medical staff

– You don’t need to live at the home and care for people 24/7 (Andy spends about an hour per month on this business)

– You don’t need a home to get started and YOU DON’T NEED A BIG BUDGET. In fact….

– You can get started with NO FUNDS out of your pocket!

One thing every single person in that book, on our podcast, and anyone who has done anything significant with their lives has in common….

THEY GOT STARTED…

They took that first step.

Don’t take it from me. Take it from them. Take it from the BILLIONAIRE’S:

THERE IS NO NEED TO WAIT!

Let’s do a quick time traveling mental exercise I learned from that book…

Travel in time 1 year from now. You have 5 group homes running. You’re helping out your community and debating whether you should quit your full time job and retire, or do you want to bring on an operational manager to replace yourself and focus on growing your business? It’s a tough decision right? But these are GREAT problems to have!

You take a moment to reflect back in time like Peter Thiel does….

What would that future Group Home Entrepreneur tell his/herself TODAY??

Is it to finally sign up for our FREE 10-PART COURSE?

Is it to get your WEBSITE DEVELOPED so you look like a modern, legitimate business you’re comfortable marketing?

Is it to get over your fear of the phone and start calling local caseworkers in your area for referrals?

If you don’t have anyone to call, is to finally start hitting google to do some research??

Is it to write to us what question, topic or concern you have that is holding you back from getting started??

Is it to tell us to KICK ROCKS because you don’t want to start a Group Home???

Whatever it is…

Don’t Wait. Your future self will thank you 🙂

One of the first questions you might have asked yourself on your path to Group Home Entrepreneurship is:

Who Would Want to Live in a Group Home Anyways????

This is a very important question that you need answered right??!! The “product” is going to be your home, but who is your customer??

Our business model is really quite simple. We find homes with a lot of bedrooms, and rather than rent them out to 1 person or family, we get them set up LIKE THIS (CLICK HERE FOR A TOUR), and “rent” out the beds.

Now we can charge a VERY affordable rate and we end up netting somewhere around…

10 TIMES AS MUCH AS A RENTAL PROPERTY!!!

But this brings us back to the question…and many times a “MISCONCEPTION” …

NOBODY WOULD WANT TO LIVE LIKE THAT, RIGHT???

WRONG. Absolutey 100% WRONG!

The demand for this type of housing is HUGE and because of all the misconceptions and disinformation out there people LIKE YOU are sitting on the fence and not filling this demand!!!

This is why when landlords like TASHA (CLICK HERE FOR INTERVIEW) hear about this opportunity they jump on it, follow our FREE 10-PART COURSE, and are in business in a few weeks with no license, no employees, and a bank account MUCH BIGGER than it was from their rental properties!

The picture above is from our private Facebook Group for our Group Home Entrepreneurs Members (CLICK HERE FOR MORE INFO).

Johnnie followed the guide on how to partner with a landlord (either through leasing or no money down partnerships), used our FREE 10-PART COURSE to get his home set up, and his phone is now ringing off the hook!

You may have heard William talk about this section on the most recent episode of THE GROUP HOME RICHES PODCAST also. He said he implemented around 30 of them and guess what?

He signed up for our FREE 10-PART COURSE right around the time the Coronavirus pandemic hit.

Bummer right?

NOPE!

He saw that as an opportunity and took the time off from work to complete the course!

Check out the full interview anywhere podcasts are streamed or HERE on Youtube to listen how William just opened his first home, and is in the process of moving the SEVENTY TWO tenants on his waiting list into his FIRST FIVE HOMES!!

Again, just a few months after signing up for the course. Folks, he is going to be charging around $500 – $600 per bed. Do the math. He will not have to be working a day job anymore in a few months.

YOU COULD BE IN THE SAME POSITION!

3 Secrets of Investing the “Gurus” Don’t Want You to Know on Starting a Group Home

Chances are you found us online looking up “How to Start a Group Home” or something similar to that on Google.

Most likely, this was either late at night or early in the morning, before or after a stressful shift at the job that you don’t like, thinking that there
“Has to be something better out there…”

You probably stumbled across a lot of the standard “side hustles”, get rich quick courses, and Real Estate investment strategies.

Real Estate investing is a great tool to build wealth, and one that many wealthy people use, however the “dream” is often misrepresented. We’ll give it to you straight!

Here are 3 of the biggest myths that you’ll find out there about traditional Real Estate Investing:

1) You Can Start With No Money

This is one of those that is “technically” kinda true. You do not need your own funds to get a property under contract and then sell the contract. This is called “wholesaling”. Here’s what they don’t tell you though.

You see all those “We Buy Houses Cash” signs? Those cost $$. You also need to send out a ton of mail and make a ton of phone calls. This all adds up. We spend around $5000 PER DEAL for marketing. Some of the larger firms spend around $10,000 per deal.

You can truly start a Group Home with absolutely NO MONEY DOWN. If you understand why it’s a better strategy compared to other Real Estate investments, you will have a much better chance of accomplishing this!

LISTEN TO THIS to hear how a GROUP HOME ENTREPRENEUR named Tanya started her first home with truly NO MONEY DOWN. You can do the same thing no matter what your financial situation is!

2) You can steadily build your income through rental properties and make enough to quit your day job.

After years of buying properties for pennies on the dollar from stressed out landlords and seeing my own friends, family fall for this…this is the biggest and most infuriating myth out there!

Do you know what the average real estate investor using the buy and hold strategy (AKA Landlord) considers a GOOD deal??

ONE THAT NETS A MEASLY $200 – $300 PER MONTH!!!!

What happens if someone moves out and you need to perform a new paint job? What happens if there’s a major plumbing issue? New roof? EVICTION???

These are all very common occurrences and examples of issues that completely WIPE OUT your whole year’s income!!!

3) Rental properties are passive.

This is not just to knock other Real Estate strategies. If you have a ton of cash sitting around, not earning interest in a bank and just collecting dust…than rental properties are GREAT. You can buy a lot of them, get multifamily properties, have the luxury of being able to hire a property management company to handle all of the day to day activities, and get a GREAT return on your cash compared to a savings account.

How many people out there really have that problem though??

Little to none, right? So with only $200 coming in per month, why would a landlord hire a manager?

THEY CAN’T. So they do all the work themselves. They handle all the clogged toilet calls, all of the incoming calls, all of the maintenance, show the property, etc. etc.

Now what happens when you have 20 of these things??

If EVERYTHING goes 100% perfectly you have now created a $40,000 per year, full time, 24/7 on the clock J-O-B for yourself!! This is the OPPOSITE of “Passive”.

Like I said, this is not just to bash Real Estate Investing. We come from that industry.

The trick is to know the right vehicle to get to your destination.

If that destination is extra income, actual, liveable income, WHILE ALSO helping your community….

Then Group Homes are the PERFECT vehicle!

Here are a few reasons why we LOVE Group Homes compared to your typical rental property:

10x the Cash Flow

More Control Over Your Home

No Evictions

Guaranteed Payments

Dreams are free. The hard part is keeping them going

YOUR DREAMS COST NOTHING. They’re FREE.

The hard part with dreams is keeping them going. Do Not Give Up!

Results do not come in 1 day, 2 weeks or 2 years. If you bust your A** and get lucky, maybe you can get it done in 3-4 years.

Just remember, the first 2,3,4,5,7 years the world will hit you with everything it has.

The world is not all peaches and cream, sunshine and rainbows. And to succeed, you must be able to withstand hits. In fact, it is not even about how hard you CAN hit…it is about taking the pain, punishment and your ability to keep getting up when you fall down

One of my MENTORS who knows a LOT about GROUP HOMES and the FREE 10-PART COURSE told me yesterday about 3 deals he had going on before Corona…

He lost out on $90,000 in Net Income in less than 24 Hours….

But guess what? He Kept Going. He Has a dream. And his Dream Costs Him Nothing….The hard part (as I said earlier) is keeping it going.

The Very First Step to Opening Your 1st Group Home

It may sound counterintuitive, but before buying or leasing a new home, getting all of the furniture and supplies, and getting all of your systems in place, we recommend doing 1 key thing FIRST:

MARKETING

Trust me that if you live in populated area there are probably HUNDREDS of caseworkers, social workers, treatment centers and non-profits like the one pictured above DESPERATE to work with people like you!

They receive a ton of government funds to house people who are in need but are AWFUL at marketing! Check out this info we received from a program in California:

One of the biggest problems they face is finding landlords willing to work with them!

This is why the very first thing we teach on our FREE 10-PART COURSE is simply compile a list of organizations like this and reach out to them!

This way you will find out where the demand and opportunities are AND motivate you to take the next steps.

On our next PODCAST (CLICK HERE TO SUBSCRIBE), we talk with a new group home entrepreneur about how he found FIFTEEN HUNDRED contacts.

How he set up his email campaign like what we teach in our FREE 10-PART COURSE,  and all while the rest of the country was locked down…he got

SEVENTY TWO POTENTIAL TENANTS ON A WAITING LIST!!!!

His first home has a few of these folks moved in, with a guaranteed payment and he’s already profitable after the first couple weeks of being open.

When the home is fully occupied he’ll be bringing in $14000 PER MONTH on a home that he rents for only $1300!!! He has 4 more homes opening soon and my bet is that he will be retired from his full time job within a year’s time.

The best part??

He’s helping out people who are in need!!! You can do the same thing.

You don’t need a big home and a big budget to start.

AND YOU DON’T NEED A LICENSE.

Follow The Money – New Reit Targets 7.5% Return from Homeless Shelters

You already know we like Group Homes, but don’t take our word for it.

FOLLOW THE MONEY

The above article is written for Real Estate Investors about a new trust that will return 7.5% on $250,000,000.

They are not going to be investing in big apartment complexes or fancy high rise condominiums, they will be investing in HOMELESS SHELTERS.
How are homeless people going to pay them???? We’ll get to this in a sec…
Smart investors are looking for stable, guaranteed ways to park their hard earned cash.

They can read the headlines about the MORATORIUM ON EVICTIONS (AKA landlords working for free)

They see that 40% of Americans are AT RISK OF EVICTION

And they are not relying on homeless people to pay them. There is literally BILLIONS in guaranteed checks from Uncle Sam and THIS is where they will get that rate of return!!

The writing is on the wall.

The proof is in the pudding!

We are not financial wizards, but we can see trends, see where problems are, and know that you can make a great living by solving problems.

Our solution to this massive problem is something anyone, anywhere can do.

You don’t need a license, a degree or good credit.

You don’t need permission from anyone.

In fact, you don’t even need a home to get started.

Find as many non-profits, caseworkers and organizations as you can in your area. There are hundreds, even thousands of them in your area as long as it’s populated.

Click on the “Billions” link above, then look up your area just to get an idea. That is just ONE program!

Once you have your resources for guaranteed payments every month, you can lease a home or partner with a landlord.

Get the home SET UP LIKE THIS. Next, follow the FREE 10-PART COURSE, wash, repeat, and grow until you reach your goals!

Tasha’s First Couple Months in the Group Home Business

A few months ago we released a podcast episode admitting that this has been a scam along.

We’ve been creating all of this content for years, moved in additional furniture/beds into staged homes for our tours, and made the whole idea of Group Homes up out of thin air.

This is absurd of course and we did that for April fools.

Tasha is living proof that our business model is NOT a scam and she was the subject of our April Fools episode.

She plugged “How to Start a Group Home” into Google, found us, signed up for our FREE 10-PART COURSE, and had her first home open and profitable in THREE WEEKS!!

We catch up with her to see how the first couple of months in business has been for her and SPOIL ALERT: it’s been awesome!

Check it out HERE and make sure to subscribe!

She’s in the process of opening Group Home #3 already! Folks, a lot of people can start to think about retiring at that point.

What other business out there can you do like this?? The lottery maybe?

If you’re the type of person who is motivated by helping others and would like to make a business out of it:

GET STARTED TODAY!!!

Living The American Dream – A Non Group Home Story

Many of you, Group Home Entrepreneurs, know I am a firm believer that the American Dream Still exists.

This AM, we did podcast #2 with Tasha (You can click here to listen to Podcast #1), it reminded me that we must all work hard and execute daily on our goals and dreams.

Like many of our Group Home Entrepreneurs do that embody the American Dream!

That said, here is the story of Sriracha Hot Sauce…..

In 1980, a Vietnamese refugee arrived in Los Angeles and began crafting a new spicy sauce. 40 years later, his sauce has developed a cult following and grown into an $80 million business.

His life is the embodiment of the American Dream.

David Tran was born in 1945 in Vietnam.

Beginning around 1975, Tran started experimenting with making spicy sauces, using peppers from his brother’s farm and selling the sauces in nearby villages.

The family operation quickly scaled as the sauces gained in popularity.

In 1978, the Vietnamese government began to crack down on the ethnic Chinese population in Vietnam. Tran and his family, being of Chinese origin, decided to flee the country.

He soon found himself with thousands of other refugees on a freighter – The Huey Fong.

After a brief stay in Hong Kong, David Tran was granted asylum in the United States. At first, he was in Boston, but a conversation with his brother-in-law in Los Angeles would seal his fate.

“Do they have red peppers in Los Angeles?” he asked. They did, so Tran flew to LA.

Within one month, David Tran had started his company, Huy Fong Foods (named after the freighter that took him out of Vietnam), and was making spicy sauce.

His goal: to bring the flavors of his country and region to these new markets and his fellow immigrants in America.

He made several spicy sauces, but his signature sauce was inspired by a traditional condiment from a town in Thailand called Si Racha. The sauce had a simple list of ingredients: chilis, vinegar, salt, sugar, and garlic. He named it Sriracha after the town in Thailand.

David Tran began selling the sauce to local Asian restaurants and grocers, giving his pitch and taste tests out of the back of an old, beat up van. His first HQ was a small bottling facility in LA Chinatown, but the business quickly outgrew its humble beginnings.

By 1987, with demand soaring, the business relocated to a 68,000 square foot facility in Rosemead, California.

In 2010, it moved into its current HQ, a sprawling 23 acre compound in Irwindale, California with office, production, and warehouse space.

Along the way, Sriracha sauce became an icon with a cult following. People dressed up as Sriracha for Halloween. Lexus made a Sriracha car. People tattooed pictures of Sriracha bottles on their bodies.

In 2009, @BonAppetit Magazine named it its ingredient of the year.

Today, Huy Fong Foods generates over $80 million in annual revenue.

It remains family-owned, run primarily by eight members of David Tran’s family. Imitators have come and have gone. David Tran did not trademarked the Sriracha name but everyone knows the original when they taste it.

David Tran’s story is, in many ways, the embodiment of the American Dream. A refugee who came to America and built an amazing business through sheer effort and creativity. Next time you put Sriracha on your food, tip the hat to David Tran and his incredible story.

I hope that YOU LOVE this American Dream Story. After reading it, start thinking about beginning YOUR AMERICAN DREAM STORY.