WRITE DOWN YOUR GROUP HOME GOALS AND INVEST IN YOURSELF!

Oprah, Brady, Barrack, Biden, Trump, Les Brown – See What They Have In Common

DON’T BE SO DAMN SKEPTICAL!!!

I sent an email out this AM about the power of writing down your goals.

I rarely rarely rarely send more than 2 emails out in a day. But I was in my office a second ago and saw this little booklet.

HAVE YOU EVER HEARD OF L. RON. HUBBARD?

Growing up, I heard he was a QUACK. A WEIRDO. A SCAM ARTIST.

But eventually I began to realize that the Carlton Sheets people on TV (back then there really wasn’t internet) actually had something to offer. Then I read DIANETICS. It wasn’t what people said it was. It wasn’t some death cult Jim-Jones style thing down in Guyana.

CHECK OUT THE BOOK in the PHOTO ABOVE!

The guy actually was brilliant, and broke CERTAIN (not all) things down to a very basic level that everyone could understand

ANYWAYS, I am simply sending this out because – AS WE TEACH IN THE FREE 10-PART COURSE you MUST set goals.

You must then use your WEBSITE  to set LEAD GENERATION goals. i.e. how many leads can I generate PER DAY or PER WEEK or PER MONTH and convert to tenants.

Make no mistake. Every successful person you know out there – whether Oprah, Brady, Barrack, Biden, Trump, Les Brown or ANYONE ELSE YOU CAN THINK OF SETS GOALS. BIG ONES

Things like getting rich and helping out hundreds or even thousands in your community don’t just happen.

YOU MUST MAKE THEM HAPPEN.

The moral of this email?

DON’T BE SO SKEPTICAL

WRITE DOWN YOUR GOALS AND INVEST IN YOURSELF

Group Home Owner Follow Up Call With The Community Residential Care Program for Vets

Setting up a Group Home is one of the best ways to offer affordable housing to those who are in need in your community.

But in order to be successful, even if you are coming from a place of service, you need to treat it like a business. And just like most businesses, the money is in the marketing and THE FOLLOW UP.

Listen to the Follow Up call with the Community Residential Care for Vets when we set up an appointment with the program’s supervisor to check out our properties!

On the call they discuss a few extremely valuable topics for future Group Home Owners like yourself

Learn:

Why most vets prefer smaller, residential homes compared to the large facilities.

The history of the Community Residential Care Program

About the “Caregiver Support Program” that has been expanded with Trump’s recent “Mission Act”.

Most importantly, how to “SELL”.

Market. Find clients that need your product. Get to the decision maker. Build rapport. Build value in yourself and your product. And close. It’s the same formula in every single business and Group Homes are NO DIFFERENT!

In this example, Andy sets an appointment that will possibly fill a few new homes!

Keep in mind these homes bring in around $6000 PER MONTH!!!

This is all packed into one, 5 minute phone call. Click this video link to listen and make sure to stay until the end for a special message from Andy!

We teach you how to do all of this, wash, repeat, scale, and build the lifestyle you want with our OUR FREE 10-PART COURSE!

How Can You Start A Group Home with No Money?

Many of you are looking to start a business that you can feel good about to make MORE money. Not to spend it right?

Do you NEED money to make money? It helps for sure, but it is not 100% required. Check out these tips on how you could start a group home with NO MONEY. If you are on a tight budget, or even if you have a significant amount of savings to invest, this will still be helpful as you can use these tips to cut down on your costs.

LEARN THE BUSINESS

Even if you have unlimited funds…you need to do this.

Do some market research to figure out how much you can charge per bed (~60% of an average 1 bedroom rent with all bills in your area).

Figure out who to market to, how to market to them, and start building a contact list to send your marketing material when you are ready to roll.

Get a “licensing” agreement (not a lease, a LICENSE), get set up with a representative payee company, understand WHY you can start right away without a license, then figure out how much revenue you can expect to earn.

You need to understand all of this for the next steps to work. Our Group Home Riches Course will streamline all of this, but you can learn from our FREE BLOG, YOUTUBE, PODCAST, INSTAGRAM, and search your inbox for emails from us. We put out a TON of free, valuable information if you prefer to learn things on your own.

MARKETING

Use yellowpages, google, government sites LIKE THIS, and start to compile a list of social workers, case workers, rehab clinics, hospitals, shelters, transitional programs, non-profits, and social service organizations that serve folks who might be in need of a Group Home. You can cast a wide net and take in anyone who is in need or only organizations that serve a specific niche. Your target market is completely up to you.

You can create free graphics, flyers etc. at Canva.

Use Google Drive to design a database, then Mailchimp so you can email up to 2,000 contacts for free.

HOUSING

This is a way for 1 home to PROFIT thousands after a mortgage or rent is paid. If you can explain the business to someone that invests in real estate, show them that you have a plan…and even tenants lined up if you’ve started to market already…and convey to them that you are the person to implement this plan…you are in business! No investor in their right mind would turn this down if it were presented properly.

Imagine you had a vacant house losing money every month. Then someone came to you with a business that would make you MORE money then renting it out, and you had to do LESS work! You’d be a FOOL to not take that deal, right?
Once you become an ASSET with the knowledge taught in our course, you are now much more valuable to landlords AKA “Real Estate Investors”.

You can then negotiate to lease a property like DUANE DID (CLICK TO LISTEN TO HIS INTERVIEW) or even partner with someone with NO MONEY DOWN, just like SHERL DID (CLICK TO LISTEN TO HER INTERVIEW).

FURNISHING

This does not need to be fancy! Get it set up like THIS, real simple. You can use Facebook fundraising, free sections on Craigslist, or get creative like JAMIE DID (CLICK TO LISTEN TO HIS INTERVIEW)

That’s all you need! We’ve had quite a few of our MEMBERS do this exact strategy before they joined the course to learn how to scale [ we have material for that too 🙂 ]. Ideally, it’s nice to have some of your own money so you can find a way to get funds to lease your first property and don’t need to split the revenue. But this is to show you what’s possible!

The biggest game changer could be partnering with a Real Estate investor. We have a guide in the OUR FREE 10-PART COURSE that will go into much more details on why this is the perfect partnership opportunity and EXACTLY what to say! Email me today with details on how you can get this for FREE!

Ready to get started but have some questions or concerns holding you back?

But if you are ready to roll,

Nurturing Group Home Contractors

Are you ready to go from group home #2 to #10 and beyond? If yes, the key skill-set will be nurturing, cultivating and hiring your group home contractors.

MAKE NO MISTAKE. YOU CAN’T BUILD AN EMPIRE BY YOURSELF!

Like we teach in the GROUP HOME RICHES COURSE, your job is to handle the marketing, oversee the finance and put your team in place.

In this  VIDEO, you will hear me listening to complaints from one of my contractors….this is part of your job!

Sometimes a therapist, other times a general, other times a warden!

There are a couple key players on a real estate investing team, and of them will be your contractors.

If you are fixing up a rehab property or plan to do a basic maintenance on your group homes, you are going to need a good contractor on your side!

The key takeaway is that you must cultivate, nurture and train your staff. Listen to this call and please leave a comment!

Get started on your path to Group Home Riches today and sign up for our free training!

Why Group Home Is Better Than Rental

Group Home or Rental???

We all know Real Estate is one of the most commonly used paths to long term wealth right?

Depending on which article, study, or meme you see out there, around 80-90% of all millionaires have gotten there by what?

You guessed it…

REAL ESTATE

It’s not just as simple as heading to the MLS, buying a property, and sitting back counting your dough as many gurus out there want you to believe though.

A lot of “Landlords” think they can just buy a property, rent it for $200 more than their mortgage, get 10 of these, and you got over $20,000 coming in without lifting a finger right??!!

WRONG

First and foremost, you need to find a deal  like our OUR FREE 10-PART COURSE teaches and this is extremely competitive. You will often need to fix the property up. You need to market the property and the downsides are encapsulated in this video.

Even if you do have tight guidelines, you always run the risk of having someone doing drugs, subletting your property, tearing it up, burning it down etc. etc.

You have no idea what’s going on in there!!!

In the video, Andy breaks down how one of these tenants actually created a METH LAB.

Got raided by the Swat team.

Tore up the property causing ~ $5,000 in damages.

And then SUED ANDY FOR THEIR DEPOSIT BACK!!!!

The NERVE!!!

But this is the type of stuff Andy has to deal with in his regular rental properties! Believe it or not, he actually has to go to court, hire a lawyer, and spend a lot of time with this situation.

So what’s different and better about Group Home?

1) Supervision – You can install security cameras and House Managers to ensure the rules and regulations are being followed.

2) Legal Protection – You are not LEASING this property to your tenants. You are LICENSING SPACE to them. Think Airbnb. Hotels. If a hotel guest throws a loud, obnoxious party does management go through a 30 – 90 day eviction process to get the guest out of there. No!!! And you won’t need to either with your license agreement. You can use the same one we do with OUR GOLD COURSE. That alone is worth the price of the course!

3) Cash Flow – Look, you can’t feed other people if your plate is empty. This is a way for your “plate” to be OVERFLOWING. Think about it? How can so many of our FREE 10-PART COURSE MEMBERS earn a living by LEASING their properties??

You mean to tell me that after the landlord pays their mortgage, and get’s their cut, there is still enough left over for the Group Home Owner?

YESSSS

How does that even work??? Just as an example, in the areas we operate out of we look for homes with 4 or more bedrooms. These would normally “rent” for around $1800 – $2000.

Using the same systems you can use with OUR FREE 10-PART COURSE, these group homes now generate on average $4000 – $6000 PER MONTH!!!

4) YOU HELP THE COMMUNITY!!! This is the main reason you came to us anyways right?? There is MASSIVE demand for this type of housing and very little supply. Most real estate investors are misinformed about the business model, and many that do figure it out unfortunately take advantage of the system. Their heart’s are not in it for the right reasons.

THIS IS WHERE YOU COME IN

How do you start? Do you need a license? What systems do you put in place? How much do you need to find a home? Where will you find your tenants?

THIS IS WHERE WE COME IN

In Today’s Blog, on your Group Home Journey, I want you to do something and make it a habit every Sunday….

TOUCH YOUR DREAMS!!!

The stuff we teach in Group Home Journey is not easy to implement. It is SIMPLE – but it is not easy.

Why?

Because you will face challenges and hurdles on your journey to success.

We teach our Group Home Riches members how to overcome them in our step-by-step group home course.

Remember, I have been doing this for over 20 years – there is almost nothing I haven’t seen!

But in life, when you embark on your Group Home Journey, you need motivation to get you started and great habits to keep you going.

One of those great habits is reflecting on your accomplishments every Sunday while also finding ways to stay motivated.

One thing that I personally try to do every Sunday is focus on what I want in life and find ways to get in front of things that inspire me.

In much the same way that a tree gathers up sap during the winter months in preparation for spring, your ability to reflect and internally motivate yourself is akin to you gathering up sap just like a giant oak tree.

See this video – BE INSPIRED!

As I run up a street in the American Riviera – I will show you a $100,000,000 Compound owned by an amazing business entrepreneur.

Check out his mansion. Check out the view! Come with me on this quick little run and TOUCH YOUR DREAMS. BE INSPIRED.

TODAY’S DREAMS ARE TOMORROW’S REALITIES….JUST LIKE WE TEACH IN OUR FREE 10 PART COURSE (CLICK HERE).

Why You Must Write Down Your Goals

Group Home Riches Practical Tip

As those of  Group Home Riches members know, I am a true believer in writing down your goals.

EVERY. F*******. DAY.

I remember driving 3 hours to a sales call back in 2002 in the wee hours of the morning from Austin TX to Dallas. Now its probably closer to 4.5 due to the growth and traffic.

A real estate colleague had given my some Brian Tracy CD’s (remember CD’s??) and I listened to them all the way up IH 35 in pitch black as huge 18 wheelers nearly blew me off the highway.

THOSE TAPES SET ME ON THE RIGHT PATH. TEACHING ME HOW TO WRITE DOWN MY GOALS LIKE A HOMING PIGEON.

The goals didn’t become reality overnight. In fact, one of my goals was $4,000 per month in passive income through real estate within a year. (Good F’n luck).

But I was young, naive and PERSISTENT.

I kept writing my goals down every single day.

Quite frankly, most people would have given up. “This stuff doesn’t work”.

Dudes and Dudettes – Things are not supposed to happen immediately in life. This is tough to understand as a young person. But I had faith and vision and I kept pushing forward.

This faith and vision allowed me to push forward but also propelled me into other endeavors that could get me there faster. Knowledge was the main one.

Unfortunately, I never had a mentor or a coach. I had mentors from books, tapes and CD’s, but I never had a direct mentor that could have fast-forwarded my success.

Looking back, I wish someone had told me this:

“You want $4,000 per month passive from real estate? Then you need about $872,727 of cash or legitimate equity.”

I would have then asked them to explain further and they would have given me a simple equation:

$4k per month = $48,000 per year. Divide this by a yield (cap rate/interest rate of 5.5%) and that equates to $872,727.

BUT NOBODY EVER TOLD ME THIS

Thank goodness I stumbled across my first real passive cashflow stream. GROUP HOMES AND CARE HOMES.

I was lucky because I already had been acquiring real estate so it was easy to turn them over into GROUP HOMES.

Within 2 months, I had hit that $4,000 per month number. Then I perfected a system and cookie-cuttered it one after another. Each group home generates about $60,000- $75,000 per year in gross rents. The margins are HUGE. We joke that they are Pablo Escobar margins.

The point is that none of this would have happened without me writing down my goals on a daily basis.

I have been doing this for well over 20 years. I started doing it the Brian Tracy way in 2002 and I can tell you it works.

JUST DO IT.

What are your goals?

If you are serious about achieving them, WRITE THEM DOWN EVERY DAY! First thing in the morning and right before you go to bed at night and let your subconscious mind work on them while you sleep.

This is a secret to success that all the top performers do yet nobody wants to really talk about. It seems hokey. Don’t think that having them in your head is all you need. You must WRITE THEM DOWN!

DON’T BE A DOG THAT DOESN’T HUNT! MOTIVATION WILL GET YOU STARTED, BUT HABITS KEEP YOU GOING.

MAKE THIS A DAILY HABIT.

YESTERDAYS DREAM ARE TODAY’S REALITIES.

TODAY’S GOALS AND DREAMS ARE TOMORROW’S REALITIES.

Start Marketing BEFORE You Have a Group Home

We get this question a lot and it probably causes one of your biggest hurdles if you haven’t gotten your first Group Home started yet:

ANALYSIS PARALYSIS

Can you start marketing before you have a home to operate out of?

How do you market something that you don’t have yet right?

You don’t have pretty pictures of a home yet, because you don’t have one yet?

So why would you even make a flyer or design your website?

Now, you don’t have anyone ready to live in your home. You don’t even have any solid referral sources or contacts.

So why would you rent or purchase a home if you’re on a tight budget?

And the cycle continues.

This is why we recommend you market FIRST.

Think about it, imagine if you had THIS WEBSITE, you had built a contact list with hundreds of organizations and case workers in your area, you started your email marketing campaign, and you started to get PHONE CALLS LIKE THIS?

Have a conversation with them! Let them know why you are doing this and that you’re looking for a location now. Do you think that social worker would tell you off? Would she yell at you?

OF COURSE NOT!

Matter of fact, like one of our recent Group Home Riches member found out, she would probably start following up WITH YOU to see if you’re home was available yet!

Wouldn’t you be much more confident and motivated to find a home to operate out of if you knew it could be filled up before your housing payment was due?

If so, start your marketing ASAP!

Set Your Group Home on Autopilot

++ Let’s Do Some Math ++

Let’s take a 4 bedroom home.

You can rent out this home for say $1800 – $2000 to a traditional single renter or single family. Your mortgage comes out to $1500 so this is some decent cash flow.

Now let’s say this home has a converted garage too. It’s some extra space but you can’t really rent it for more, and a lot of traditional renters prefer a garage so this conversion was kind of a waste of time.

Rather than rent the traditional way, what if you put 2 beds in each room (including the garage) LIKE THIS, and then charged $600 per bed. Break out the calculator and now how much is your home bringing in?

That’s RIGHT

$6000

BUtttttttt……Why would anyone want to live in a situation like that???

Well let’s see.

Pretend you are retired and you can’t work anymore. You had a tough job that made enough to pay the bills and just planned on living on the Social Security you thought was going to be your safety net your whole life.

Big Problem though.

Social Security hasn’t kept up with inflation and you only have $1300 to pay for everything. Food, clothes, gas, rent, electric, water. Everything. And you’re in an area where you can’t get an apartment for less than $1000 including all the bills.

Do you see how a clean, affordable, furnished, structured environment, with like minded people just like yourself could be preferred?

And the best part??

It’s only $600 with all the bills paid AND FOOD!

Now let’s do some more math:

When Andy was really rocking and rolling and scaling his Group Home business, each one of his house managers controlled around 15 homes.

We’ll use 4 bedroom homes, no garages, for this example to underestimate.

4 Bedrooms x $1200 = $4800 Gross Revenue

50% was used on expenses (bills, rent/mortgage, food)

$4800 x 50% = $2400 Net Revenue

Now remember what we said. Each manager was in control of FIFTEEN HOMES. That is a full time job for sure. Each house will have a supervisor so you don’t need to stop in every day. But there will be maintenance issues, showings, tenant issues, collections, inbound calls etc. etc. They were HUSTLING for sure and definitely putting in overtime most weeks. But again

DO THE MATH

$2400 x FIFTEEN HOMES = $36,000

Remember…that was the NET. And for 1 month.

You’re the Operational Manager in beginning, but can you see how you could partner with someone else or just pay a salary and replace yourself????

Andy was able to do this around his 5th home.

At this point, you’re day to day activities are next to NADA if you have a good manager. And of course, if no houses burn down or anything.

Now you can see why he’s able to travel with his family wherever and whenever he wants, why he has the time to run a few other businesses, blog, and make youtube videos on the beach!!!

What makes Group Home business so appealing is you don’t need any qualifications, a license or great credit!!!

You can eventually scale and run your business on autopilot just like Andy did

AND THE BEST PART???

You’re helping your community and people in need!!!

You don’t need a lot of money either!! We have a lot of members get started by leasing LIKE DUANE HERE, or even acquiring properties with little to NO MONEY like JAMIE DID HERE or SHERL DID HERE.

You can do the same thing these people did no matter where you are located, or what your financial situation is.

Why You Need Insurance for Your Group Home!

As many of you know, running a business can be a HIGHLY PROFITABLE VENTURE….but it can also be disastrous!

The great thing about business ownership and property ownership is the ability to protect your downside. The best way to protect your downside?

INSURANCE!

Fires, tenant slip and falls, lawsuits or anything similar probably will happen once you have been in the game for over 20 years like I have.

TODAY I WANT TO SHARE SOME WISDOM REGARDING INSURANCE

Last month I had an issue pop up similar to one of the things mentioned above. I like to refer to these as Sh** Sandwich Days

ANDY, DO YOU ENJOY EATING
SH** SANDWICHES FOR LUNCH?

No, I don’t.

That’s why I let my insurance company do it for me.

I actually phoned an attorney friend who is one of the largest class action lawyers in the country (think suing Monsanto for Round Up etc.) and I asked him what his goals would be as an attorney with 200+ lawyers and paralegals (HE OWNS THE FIRM)

Here is what he said:

WE WANT YOUR INSURANCE OR WE WANT THE PROPERTY.

This is coming direct from the mouth of one of the most successful lawyers in the country

So each and every month, I write a check (actually everything I do is auto-draft) to the insurance company.

When an issue pops up (knock on wood, I don’t want them to) I simply forward it to the insurance company.

IN OUR FREE 10-PART COURSE, I go over all of this. Where to get the insurance, why you need the insurance, the TYPE of insurance (property, GL, Excess Liability, etc.)

It took me probably 3 years of searching to find this type of insurance. In fact, I did not get it until I received a CONTRACT WITH THE STATE FOR GUARANTEED RENTS and I asked the contract manager who other contract recipients were using.

The reason this information is so valuable is because when you are in Hawaii, Brazil, Napa, The Bahamas or your home town chilling out and checking your bank statements – You want to be cool, calm, collected and RELAXED!

You want to feel great helping others AND CASHING CHECKS without any worry…That is the beauty of insurance!

And that is why WARREN BUFFET LOVES IT! (see the above screen shot – he is getting my money each and every month)

These are some of the tips, tricks and strategies we teach in OUR FREE 10 PART COURSE (CLICK HERE).

Not just insurance tips, but also how the Billionaires like Buffet do things….. think COLLECTING each and every month on auto debit (just like we show you how to do with your GROUP HOME CLIENTS).