Author: brandon B

Common Mistakes To Avoid With Your Group Home Business

Warren Buffet once said “We all learn from mistakes, but no one said that they have to be our own.”

I love this quote, and it shows why we need guidance.

This is going to be an ongoing series, so make sure to read this and look out for the next one soon!

Trust me, you would much rather learn from OUR MISTAKES instead of your own!

Don’t Wait Too Long to Start

I am fortunate because I began investing in real estate when I was 22 years old. I purchased a condo for $55,000 with about $2,400 down which I had saved up from odd jobs. Here we are, nearly 20 years later and I still have friends talking about when they are going to get started.

The reality is that there is never a perfect time to get into the game. If you want to hit a home run, trust me, you need someone to be pitching and some balls to swing at. You have to get into the batters box. The reason why we show people how to run care homes, assisted livings and group homes is because it is the ULTIMATE low-to-no risk way of getting into the real estate business.

You can literally start tomorrow by finding organizations in your area that will send you referrals.

Once you have case workers calling you every week to see if you’re open and you have tenants on your waiting list, you’re going to feel much more confident taking on a new housing payment or partnering with a landlord right?

With one home, you can begin creating a nice income stream or even a supplemental income stream if you already have a full-time job.

Once you get to around 4 or 5 of them, most people can comfortably “retire” from their 9 – 5. Keep in mind, using the FREE 10-PART COURSE, one person can run 15 – 20 of these before it’s a full time job!

You can start just by leasing a property or even with NO MONEY by partnering with a landlord. Even with such a small investment with so much upside and potential, people still don’t get started!

If you plan on waiting until you find that perfect coach or mentor that will take you under his or her wing for free, it may be 5 years, 10 year, 15 years from now. Heck, it may never happen! Isn’t it smarter to just spend the money, educate yourself and get into the game today?

I firmly believe it is. No matter which road you choose, it is going to cost you money. You can spend money today and invest in your future or waste time and lose money in the form of lost opportunities.

Start Your Group Home and Become the Solution!

Covid 19 has exacerbated A LOT of problems, but you can solve one of them! You can provide Affordable Housing by starting your group home and earn a great living at the same time.

Check this excerpt out from the article above:

“The nation is short more than 7 million homes for extremely low-income renters, per the National Low Income Housing Coalition (NLIHC). That gap between the affordable housing we have and what we need is poised to grow, through a slowdown of new housing production and the loss of existing homes and apartments, just as it’s needed most.”

Check out this link for the full article, but do you really need to? Look outside. Drive around. If you live in a populated area this is blatantly obvious: There is a MASSIVE shortage in affordable housing across this country.

There’s literally hundreds if not THOUSANDS of articles like this that we could be highlighting and none of them provide the simple solution that our FREE 10-PART COURSE proposes.

It’s really quite simple.

Rent a home, get it set up LIKE THIS, follow our FREE 10-PART COURSE  marketing methods to locate organizations in your area that will pay you directly for providing this type of housing, and start solving this massive crisis!!

YOU DON’T NEED A LICENSE, A MEDICAL STAFF or A BIG, SPECIALLY ZONED FACILITY!

All you need is the desire to help out your community, follow instructions, and take ACTION!!

Don’t take our word for it. CLICK HERE to subscribe to our podcast to listen how people just like you signed up for our FREE 10-PART COURSE, did what we said, helped out their community and reaped the financial rewards for doing so!

We have released an interview with William that signed up RIGHT when Covid hit. He took the time off from his full time job as a blessing, followed our MARKETING METHODS, got SEVENTY TWO people on his waiting list, and is in the process of opening his first 5 Group Homes!!! His first one is going to bring in FOURTEEN THOUSAND DOLLARS PER MONTH!!!

You can do the same thing if you got off the sidelines and started playing the game.

Protest Or Invest? Start your Group Home!

One of my FREE 10-PART COURSE client and a group home owner texted me yesterday (yes, he has my private #).

He is a younger dude – 21 years old – trying to get onto the fast track of success. Here is what he told me:

“Andy, many of my friends don’t have jobs. They know that school is a racket and don’t want $160,000 of debt when they get out. They are pissed and don’t have anything else to do but screw off and protest – and in some cases do worse things. What should I do?”

Ha! I wish I really knew the “perfect” answer….unfortunately I don’t. What I do know is that when I was young – probably 7th and 8th grade – I was more than happy to be a punk! So I get it….fortunately, by the time I hit about 14 or 15 I realized that money was a true separator and I wanted to be in the “haves” rather than the “have not’s”

I definitely received some direction during my youth about the qualities and characteristics of successful people – hard work, industriousness, focus, sacrifice etc.

BUT NOBODY EVER GAVE ME A SPECIFIC DETAILED ROADMAP LIKE I PROVIDE IN MY FREE 10-PART COURSE…

So what did I tell this young man?

Keep being an example. Be the role model. Eventually, your friends will come to you and ask you for guidance, help or employment.

I left it at that. He is on Group Home #2 and hopes to have 4 of them by the end of the year.

With four of them, he should be making anywhere from $7,000 – $11,000 per month.

He did not need a license or a $160,000 college education. He started with the FREE 10-PART COURSE and then eventually got some 1-on-1 coaching.

Next year I have a feeling his friends will begin reaching out to him and I will show him how to bring them on-board to his way of living.

Focusing on INVESTING rather than PROTESTING. Investing in themselves and their community. At that point, he can turn them into house managers or even division managers as he scales up his group home business. Just one of his friends could manage up to 20 group homes pretty easily and all of the sudden he will have an automated machine that someone else is running. This is the power of capitalism. It can bring up everyone.

He can then go on to build other companies, pursue real estate investments and other ventures and help lift up those around him. Eventually those around him will do the same.

This is the power of investing in oneself.

How Two Men Started With Nothing And Turned A Few Group Homes Into An 11 Billion Fortune

I need to take back one of my statements from over the years…In fact, I have probably said this more than once…

“YOU WON’T BECOME A BILLIONAIRE WITH GROUP HOMES”

Well, I stand corrected!

Last night, as I was reading the Wall Street Journal, I read an article about the BARCLAY Brothers…

I am sure many of you are familiar with the iconic BARCLAY Name out of London…..Yes, that BARCLAY….

Well guess what line of business they first started in to generate MASSIVE CASHFLOW?

You guessed it. GROUP HOMES (i.e. Boarding homes)

Check out the image above and the article here.

I didn’t realize it either. But after London was bombed by the Germans, Millions of people needed LOW RENT GROUP HOME HOUSING. And this is what the Barclay brothers started with!

They went on to AMASS AN $11,000,000,000 (yes, $11 Billion) FORTUNE in U.S. Dollars by essentially following the same steps we outline in the FREE 10-PART COURSE.

In fact, when they started, they were BROKE! They were about as poor as you could imagine. So why did they start with Group Homes?

THEY DID NOT HAVE ANY MONEY AND DID NOT NEED ANY MONEY TO START

THEY DID NOT NEED ANY LICENCES

THEY KNEW THAT THE DEMAND FOR LOW-RENT HOUSING WAS ENORMOUS

THEY KNEW THAT OUR FREE 10-PART COURSE STYLE OPERATIONS WOULD MAKE THEM A FORTUNE!

These brothers eventually went on to accumulate a variety of different businesses including the revered RITZ Hotel in London

ARE YOU INTERESTED IN BECOMING THE NEXT BOARDING HOME BILLIONAIRE?

This is how the great Hilton Hotel Founder Conrad Hilton started as well! And the list goes on and on…

I hope this message is inspirational – many times what we need in life is for someone else to show us how they live – IN SPIRIT – i.e. with the SPIRIT OF GOD AND THE UNIVERSE in order to motivate us to GET STARTED!

And when I read this last night, I was INSPIRED! Two men, starting with NOTHING and building an $11,000,000,000 fortune from the FOUNDATION OF GROUP HOMES!

QUESTIONS? COMMENTS?

How To Take Your Tenants To Court If and When They Screw You Over

This AM, one of my new managers (from the group home that generates $10,000 per month with bunk beds – see video below) texted me to let me know that one of the tenants had disputed the rental agreement and credit card charge.

He is a new manager, so I told him to start documenting everything. When you do so, it gives you an upper hand to go after them later down the line.

An example of this is the image above of a judgment I received yesterday in the amount of $6,833.39 against a truly HORRIBLE tenant.

Most of the time we don’t bother with this, but sometimes if the tenant has caused property destruction etc – it is worth doing!

Why?

Because later down the line, they may want to pay it to get it off their credit!

Also, b/c it would not be fair for another property manager to deal with a HORRIBLE tenant that you failed to go after because you either did not know how or were too lazy….

These judgments compound at 5% annually (unless specified differently in your agreement) and can add up over time.

This little judgment turns into $11,000 in a little less than 10 years!

In a nutshell, here is the step-by-step process for obtaining judgments:

1. Document everything

2. Obtain copies of receipts, photos of the damage, bids and checks written to the handyman that does the repair work from the damage caused by the tenant

3. Sue them for the amount due! (it will cost about $200)

4. Bring all your evidence to trial. You have the moral highground and will win if you have everything documents.

5. File an abstract of judgement with the courts ($5 cost)

Then, sit back and wait! Not all of these will turn into money…but some will!

In fact, I have had more than my fair share call me after 10 or 15 years and THANK ME for being tough on them….I vividly remember one guy apologizing for being a “Young, dumb, punk” as he told me and thanked me for letting him better understand the word “responsibility”.

The Coming Tidal Wave of Evictions And Foreclosures

When I consult directly with my Group Home Entrepreneur clients and even when I have brief conversations with my website development clients, one thing I continue to mention is getting ready for the end of this year and early next.

Why?

BECAUSE THERE IS A FLOOD OF EVICTIONS AND FORECLOSURES

that will hit the market whenever the courts begin opening up…

Let me tell you a quick story and then share how you can MAKE A FORTUNE picking up these properties for pennies on the dollar or simply taking over payments..

ANDY’S STORY…

I have a property (not a group home) and the tenant has not paid rent since April. Do the math! It will cost me $10,000 by the time it is all said and done.

AND HERE IS WHY THIS COULD MAKE YOU $50,000…

Because your average landlord cannot handle a $10,000 hiccup. It is just way to much money. This is where you come into play:

#1. Reach out to your local court house and look up all the eviction cases and foreclosures in your specific area. Build your excel spreadsheet of the owners name, number, email address etc. Then pick up the phone and reach out to them!

THESE ARE MOTIVATED SELLERS!!

On the other side of the coin, many of these folks will be more than happy to deed you over their property for a few thousand if you promise to handle the tenant/eviction riff-raff.

ALL OF THE SUDDEN, YOU MAY HAVE 3-4 HOMES THAT YOU ACQUIRED FOR PENNIES!

These properties can then be converted over to GROUP HOMES.

(IMAGINE 4 HOMES MAKING YOU $3,000 PER MONTH EACH! – $12,000/MONTH)
The beauty of this model is that you either have a home you bought for 30% – 60% of the market value or you picked it up with cheap-financing in place!

Remember one of the KEY SECRETS IN MY FREE 10-PART COURSE is CHEAP HOUSES IN AFFORDABLE NEIGHBORHOODS! The cheaper the underlying rent/mortgage – the more money you will make!

Questions?

Do you have a great deal but do not have the capital to buy it or have the paperwork system in place?

Need further questions answered on the ins and outs of running a group home?

Want to fast track it right now? Just get the FREE 10-PART COURSE. No licenses needed, minimal capital required and you can be up and going in 30-45 days.

WHERE DO YOU THINK THESE PEOPLE ARE GOING TO LIVE ONCE THEY ARE EVICTED?

HINT: YOUR GROUP HOME!

There has NEVER BEEN A BETTER TIME TO START YOUR GROUP HOME. Demand is SKYROCKETING! PEOPLE NEED A PLACE TO LIVE! THIS IS THE REAL BEAUTY OF THIS COURSE!

What are people saying about Group Home Riches?

Have you ever actually seen a Group Home?

There are so many segments of the population that live in them, and so little information about them online, and so few properties, that chances are you haven’t!

We’re of the belief that if we someone accomplish something, than we believe we can do it too. Hopefully you’re the same way!

So check out our company’s new Sober Living home on this video (CLICK HERE). It had just been opened at the time of filming, which was right in the middle of the Covid – 19 pandemic.

It’s now filled, bringing in over 10K/month, and we’re now looking for a fourth property!!

That’s right…while the rest of the country was shut down, and a lot of businesses closed doors unfortunately, this business is booming and the demand for this type of housing does not look to be slowing down anytime soon.

On the tour, we talk about a lot of the common questions that you probably have… Like what license if any was required to start this?

What are the expenses like? What’s the advantages of this type of home compared to your average rental property?

How can you run something like this with only an hour or 2 of your time per month???!!!!

Look, the proof is in the pudding! Check out that video to see it live and direct!

While you’re there, check out our other videos, subscribe, and give us a like if you find anything helpful! There’s a ton of material including live intake calls, free training material, and interviews with our successful Group Home Entrepreneurs.

We hope to be interviewing you soon…and it could happen in as little as 30 – 60 days!

You don’t need a license.
You don’t need permission from anyone.
You don’t need a lot of money.
In fact, many of our students get started with ZERO DOWN!!

We’ve helped people from all over the country, from all walks of life, and all different economic situations.

One thing every single successful Group Home Owner has in common is that they stopped over analyzing and paralyzing themselves and took that first step!

Take yours today and…

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. Ab – so – lute -ly

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 GROUP HOME ENTREPRENEURS (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 the FREE 10-PART COURSE to get his home set up, and his phone is now ringing off the hook!

One of the most valuable sections of our FREE 10-PART COURSE is the “73 Ways to Market Your Group Home” area with a book and video to go along with it. One of the 73 tools we talk about is of course, Facebook!

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 THE 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!

Some of my Personal Mentors Secrets That Helped Me Build A Group Home Empire!

If you have read all of my blogs, then chances are you already know this stuff. But for those of you that don’t; I want to reiterate the importance of clear, defined, written goals. Or as I used to say…

DREAMS WITH A DEADLINE

The older I get, the more I realize how important it is to dream on paper. I first learned these secrets from a guy named Mike R that I worked with selling Cutlery. Mike gave me a set of tapes (yes tapes) of Tony Robbins back in 1996 or so. As a young man, I was going through a bit of a depressive state – probably the only time in my life – and I vividly recall listening to these tapes in a little “walk-man” cassette player while running and working out

THESE ANTHONY ROBBINS TAPES CHANGED MY LIFE

A few years later, I stumbled across another set of CD’s (yes, this time it was CD’s) from a guy named Brian Tracy. The name of the course was called “The Goals Course”. This little set of CD’s was worth way more than my college education.

I began writing down my goals DAILY.

BUT ANDY, WHY ARE YOU TELLING ME THIS?

A few reasons. Brian Tracy says that we are GOAL SEEKING INDIVIDUALS. The interesting thing I have learned in diving deeper into the human psychology behind this stuff is that he was correct on many levels.

People are more interested in getting from point A to point B than actually ARRIVING AT POINT B!

All of the positive emotion you feel is experienced during the PURSUIT of the Goal rather than the ATTAINMENT of the goal.

Once you understand this, you realize that you YOU NEVER WANT TO RUN OUT OF MOTIVATION.

AND THAT IS WHY IN MY FREE 10-PART COURSE and THROUGHOUT THE COURSE I TALK ABOUT THE POWER OF A BIG WHY. A BIG WHY creates perpetual motivation.

YOUR WHY WILL HELP YOU CREATE YOUR GOALS.

So today, ask yourself the following questions:

WHY DO YOU WANT TO START A GROUP HOME?

WHY DO YOU NEED TO START A GROUP HOME??

ARE YOU HAPPY WITH YOUR CURRENT SITUATION?

IF NOT, DRINK A PIPING HOT CUP OF COFFEE AND START DREAMING ABOUT YOUR DREAM LIFE. NOW BE THE PERSON THAT WOULD BE LIVING THAT LIFE!

FIND A MENTOR. GET THE EDUCATION NEEDED TO FAST-TRACK YOUR GROUP HOME SUCCESS WITH OUR FREE 10-PART COURSE

And Remember the following:

HE WHO HAS A WHY CAN BEAR ANY HOW

Check out what our FREE 10-PART COURSE Students are saying!”

Did Grant Cardone Study the Group Home?

If you’ve spent any time online learning how to run a business, work on self improvement, work on your sales and marketing, or anything like that..chances are that you have heard of GRANT CARDONE.

He is the modern day “Tony Robbins” with a twist.

That twist is that although a lot of his courses and material are the raw-raw positive thought, self improvement guru-type stuff that we’ve all seen if staying up too late and watching basic cable…

HE IS ACTUALLY A SUCCESSFUL BUSINESS MAN TOO!!

Grant makes the majority of his income from multi-family (apartment) syndication. So he will take investors’ money that trust his Real Estate investment strategies, all pooled together, and they will all share on the return! It’s a really cool strategy…

WHEN THINGS ARE GOING GOOD!!!!

What about now? With unemployment near record highs, people out of work, not being able to pay rent, and landlords not being able to evict, where does that leave Real Estate investors. Well…the smart ones (like Grant)

ARE LOOKING FOR NEW STRATEGIES!!

This is why we’re getting posts like this in our PRIVATE FACEBOOK GROUP HOME ENTREPRENEURS…

So has Grant read our “HOW TO GET PAID GUIDE” in our course?

In it we show you a few guaranteed options to get paid for housing those who are in need. Like becoming a payee, outsourcing that to 3rd parties, or marketing to organizations that pay you directly!

On top of that, you can 10x your cashflow (Grant will love this) 😉

You’ll have more control over a property

And you will avoid the Eviction process with our LICENSE AGREEMENT!

START NOW BEFORE EVERY INVESTOR FIGURES IT OUT!!!

If you’re reading this now, chances are you were just looking into how to make some extra income while helping your community out.

This is all that Adam wanted to do too.

On our first group home entrepeneur, he let me know how he just wanted to make a few extra grand per month after a few years in the business. He also had the motivation to help out all of the homeless people he saw in his area!

Little did he know that just after a few weeks from starting with the FREE 10-PART COURSE and implementing what we taught him, that he would stumble on a $20,000 per month opportunity…

WITH NO MONEY DOWN!!!!!!!!

Too good to be true right??? CLICK HERE to listen to his interview breaking it down!!!

Do the same thing!

You don’t need a license.

You don’t need a lot of money.

Just a good heart and some drive!

If that sounds like you…