Category: Group Home Operations

Coaching Call Summary #2 – Starting With Big Dreams and No Capital

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Starting a group home is not just for the wealthy by any means. There are everyday people running group homes all around this country. This call was inspiring, and I decided to summarize it so that you could learn from its key lessons. There are so many people who have pushed off helping others because they claim to have no capital. When we get to talk, they are shocked to learn what it takes to start a group home if you know what to do and know where to look. Sometimes it can be so simple that it seems too easy and in some sense, if you are willing to work hard at the right things, it is easy. Make sure you listen to Coaching Call Summary #1 as well.

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How to Maintain Relationships With Group Home Contacts

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The best way to get started with your group home is by being a relationships builder(Maintain Relationships) with the major contacts in your community. In the video above we talk about how to go about doing this in an easy way. In the next video, we are going to cover which people in the community you need to have relationships with.

Maintain Relationships

Marketing your group home will be so much easier when you have strong relationships with the major players. You know the say, “It is not what you know, but who you know that counts.” 

Who do you know that can help your group home?

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Group Home Riches Coaching Call Summary #1

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We have some amazing conversations with our Coaching Call Clients. Some are not comfortable with us recording the call, so we can summarize what we talked about so YOU can learn. In this particular call, the gentleman already had a few single family homes he is renting out in Detroit. He wanted to turn them into group homes and make more money. He had saved up a substantial amount of money working and was concerned with preserving his wealth. The coaching call customer had a ton of questions, and he brought up some points that many of you will find interesting.

Topics Covered Include:

  • Finding your target market
  • The grind of group home ownership
  • The Fair Housing Act
  • Protecting yourself from the government and lawsuits
  • Hiring awesome people
  • Managing your team
  • The advantage of big cities

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No Capital For Your Group Home? Learn to Negotiate

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“When it comes time to negotiate, he who cares less wins.” – Unknown

We feel your pain. You want to start a group home, help others and make a lot of money but you just need the capital to start right? It is such a crappy feeling when you know you can succeed at something, but you just have one thing in the way. The good news is that we can overcome that one thing. The bad news is that the one thing that is in the way is you and your ability to negotiate.

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Group Home Business Plan – Why You Need One TODAY

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It has been a while since we wrote in this blog here at Group Home Riches. What have we been doing? Well, we have been busy running our day-to-day business which involves looking for more group homes to acquire along with other real estate and business endeavors, and creating an awesome group home business plan. That is the beautiful thing about the Special Needs housing industry.

If you start a special needs housing business or a Group Home business, you have the opportunity to focus on additional income and revenue streams. Although we are not huge proponents of “flipping” real estate, what you will find is that after you build out your group home team- manager, porter, housekeeper and all the trades associated with keeping the place up to par (HVAC, electrical, tape/float, sheetrock, flooring, paint, etc.) you will pretty quickly be able to handle the general contractor related duties if you want to flip something. But to do all of this you will need a group home business plan.

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How Do I find More Clients for My Group Home?

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How Do I find clients for my group home or transitional living home?

Great question! After all, lead generation is the life blood of your housing business! Fortunately for you, expensive television advertisements and radio ads are not where you need to be advertising. So if that isn’t the area to be advertising, where is?

TARGET YOUR NICHE CLIENTS!

This blog and website is set up for people looking to learn how to create or start or buy a group home, care home, sober home, transitional living home, halfway home, ICF/MR home or any other type of home for a special-needs population. Once you have that figured out, it is time to start your marketing campaign to fill your beds with clients!

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SINGLE ROOM OCCUPANCY GROUP HOMES

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WHAT is Single Room Occupancy and Will HUD pay me for learning how to start a group home for adults with disabilities?

Quick answers:

SRO = SINGLE ROOM OCCUPANCY. Why is this important for you (or I) to know? What is the benefit of this knowledge for you? Well to begin with, let’s think about why you are here in the first place, reading this blog and website. There are really only two (2) reasons:

  1. To help others
  2. To help yourself (either spiritually, emotionally or financially)

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Who Pays Me For Starting Group Home?

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Does The Government Provide Financial Assistance For People who are Starting Group Home?

In one simple answer: YES!

The US government at both a local and state level funds thousands and thousands of providers on an annual basis. In fact, if you go to google and type something in related to the above article title, you will literally find hundreds of links related to obtaining funding for your next group home, transitional living home, care home,  shelter or assisted living center. Remember, the government will HELP YOU, if you help those in need!

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What is the Re-Entry Program & How to start a group home for these clients?

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How to Start a Re-Entry Group Home Program?

When people are looking to start a business, they often look for things that are in need. As the saying goes, “necessity is the mother of all inventions.” Well, if you look around your community, you may realize that someone you know may have at one point in time been in jail. Often times, non-violent offenders go to jail for a variety of reasons. It could be something as simple as unpaid parking tickets, or something more serious like drinking and driving. Often times, these people do not have a place to live after getting out of jail due to the fact that they have not needed a place to live for a while (due to incarceration) and also may not have any money due to being in jail…Can anyone see or smell opportunity of a re-entry group home? The opportunity to help others while helping yourself?

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HUD ESG Group Home Grant Money!

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What is the HUD ESG and how can they help me start a group home for transitional living or the elderly?

In 2013, HUD requested $286Million in Emergency Solutions Home Grant money for a variety of purposes including emergency shelter operations, transitional housing, rapid re-housing and homelessness prevention. Why did they do this? Because they want YOU to help, these people end their homelessness! Yes, the government wants you to help and will pay you well for doing it…..

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