It’s the 2nd month of 2021.

If you’re like most people, you had a Grandiose plan of New Year’s Resolutions in January, and then like 80% of those people, they’ve failed already.

Don’t let this get you down though!

If your goal was related to the Group Home business, then hopefully our material has provided some of those key details for you and you are still going.

But do not fall victim to the #1 killer of Resolutions:

THE LACK OF A PLAN

I was listening to a great business podcast the other day and they explained this perfectly.

Most people focus on the Goal, and not the steps to GET to that goal.

For example, “I want to start a Group Home”

You are not going to just “start a group home”. It’s not a 1-day process. There is not a magical application to fill out. You don’t just decide to “start a group home” and homes and clients are given to you. It’s a process and you need a plan.

Here is an example:

1) GET THE FREE 10-PART COURSE if you haven’t already. This is an online digital library filled with how-to guides, videos, and sample material for every step of the way.

2) Answer your basic questions so you’re confident. This is the one that baffles me the most….WE ARE RIGHT HERE! Do you know how and why you can start with no license? Is outsourcing familiar to you? Do you know how to even get paid? How to get referrals?? Then email us ASAP or watch this free (not for long) webinar.

3) Market your services FIRST. Do not spend 1 dime on furniture, supplies, or housing before doing the following.

4) Get a WEBSITE. Check out our option there, or you can spend a couple of weeks designing your own to save a couple of bucks. That’s the one we use.

5) Build your contact list. You need to get referrals and you need people to refer you. This is the #1, time-consuming, and ongoing process. You need caseworkers, social workers, social service programs, hospitals, clinics, nursing facilities, home health agencies ETC ETC. If you’re in a populated area there are hundreds of people that could send you referrals. You need to find them and our 10-PART COURSE will tell you how.

6) Start marketing! 1-5 is the beneath the surface level stuff you need to do that nobody will see. It’s not flashy but you will not find many successful Group Home owners that did NOT do steps 1-5. Now you should feel confident about starting to network in your community. You do not have to be an expert. You do not have to have a home yet. It’s as simple as making calls like this.

7) Repeat that step as much as you can until your confident enough to do the next step. That woman we spoke with during step #6 was working with an organization needing to find housing for THREE HUNDRED PEOPLE that month! She has been following up with US. How many connections like that would you need to make in order to feel comfortable taking on a new house payment?

8) Get a house! You don’t need to be a cash buyer. You don’t need to even purchase one. A lot of our members get started by leasing and if you’re on too tight of a budget to do that then you can partner with a landlord.

THE 10-PART COURSE will tell you exactly what to say, but if you have not completed steps 1-7 the script we give you will be useless.

9) Put a system in place to scale if that’s your goal (like ours). If so, you can’t be the 1 person managing the house and providing all of the services. The simple tools we use are outsourcing all services, getting guaranteed payments, using a tenant agreement that puts us in control of the property (included in THE 10-PART COURSE), and having a house supervisor. You can also use cameras, lockers, security systems, and more. Your role in the beginning will be the “Operational Manager”. Each one of our Operational Managers can run 15 – 20 homes!

Now keep in mind, these Group Homes will be returning about 10x the Net Profit of a typical Rental Property, so around 2-3K depending on your area, amount of beds, etc. How many would you need to hit your financial goal???

10) Answer that question and repeat steps 1-9 until you hit it and never have to clock in at a job again!

If that sounds like a plan for you, SIGN UP FOR THE FREE 10-PART COURSE TODAY. If you have any questions holding you back, CLICK HERE to book a free consultation.

Do not let your dreams go to the graveyard this year!

Do you have our 10-PART COURSE??

I ask because one of our core philosophies and reasons for getting into this Group Home business is to create something that will HELP YOU AND HELP OTHERS.

TO WHOM MUCH IS GIVEN, MUCH IS EXPECTED

As you embark on this GROUP HOME JOURNEY, you will begin to realize how fortunate you are….even if you are someone with minimal means….Maybe no savings and minimal income….but when you begin helping others that TRULY NEED IT, your internal gratitude thermometer will begin to organically heat up

Why?

In today’s essay, I want to talk about what GROUP HOME OWNERS are doing to keep their residents and clients safe and warm. Here are a few pointers that frankly I never really expected to write about!

#1. Keep water on! The last thing you want are busted pipes from frozen water. Want to talk about an absolute fortune? Let your water pipes break.

#2. No power? Yup. Rolling blackouts? Yup. Sorry to tell you, but you can’t do anything about it. Bundle up. Make sure your residents are bundled up and staying as warm as possible.

#3. Low water pressure? Comes with the territory. Hopefully, your water pipes arent broken! (See #1)

#4. Food. Hopefully, you follow our 10-PART COURSE methodology and are not responsible for food. Why? First, it can cost you a fortune if you don’t know what you are doing. Second, it is a total waste of time going to the grocery store. Third, they will eat you out of house and home.

#5. Constant Monitoring. Look, even at regular B-Grade apartment buildings, the tenants will forget what you tell them. Make sure you have 2X daily reminders to run the water and stay warm

#6. (If Possible) – Make them re-sign the licensee agreement. Your job right now is to prevent frivolous lawsuits- i.e. slip and falls. Do what you can to plow snow, but also make them aware of the hold harmless agreements.

ANDY, I AM NOT YET A 10-PART COURSE MEMBER – WOULD THIS BE A GOOD TIME TO STUDY?

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.