Category: Why You Should Start a Group Home

On this blog, we sit down with Orlando who is a brand new member of THE GOLD COURSE.

Even though he found us just a few weeks ago, he has already secured 2 properties to operate out of and was moving in his first tenant the day after recording our podcast.

How can you get a Group Home business up and running so quick you might ask?

Well to start, contrary to popular belief there really is no lengthy legal process required. You don’t need to get a license, or a certification, or zoning approval, or permission from anyone to start.

Once you understand your rights as a landlord, your tenants’ rights, and wrap your head around the idea of “outsourcing” any services your tenants may need, you just need to START!

The first step is to start marketing your future Group Home. Reach out to local agencies that work with people who are in need of this type of housing, find out where the opportunities are and the demand is, and when you’re comfortable and confident enough go find a property!
There are a number of different strategies to secure a property. 2 of the most popular are partnering with landlords with zero money down, or like Orlando did, just simply lease a property.

On the podcast we really dial in on some of the key points to doing this.

• Have Confidence. This will come from your ACCOMPLISHMENTS. Maybe you have a background in a related field like nursing. Maybe like Orlando you have experience as a Real Estate Investor. This all helps, but the key accomplishment that a landlord is going to care about is actually having some tenants lined up. They are going to want to know that you can follow through on your promises. This will come from your marketing.
• Have a good pitch. Our GOLD COURSE will tell you exactly what to say and you can work in your own personal touch like Orlando did. He tended to focus on the demand and how much this type of housing is needed in his community.
• Mindset. You must start with a positive mindset. Matter of fact…you must have a positive mindset or you WON’T START. Orlando learned this quickly in his Real Estate investing career. He spent ZERO time sitting around in analysis paralysis mode. He did the same thing with his Group Home business. This mindset is the biggest difference between people like Orlando who have a blossoming business and others who WANT to start but (insert excuse here).

We know these are topics a lot of beginner’s struggle with so we went into as much details as possible for you!

Make sure to grab a notebook and pen so you can take some notes and subscribe and/or leave us a review if you get some value from it!

If you’re ready to get your 1st home up and running in the next couple of weeks like Orlando did, check out THESE TOOLS HERE to help you streamline things!

Have any questions holding you back? Email me or CLICK HERE to book a free 10 – 15 minute phone consultation with our team today!

If you find yourself with the desire to start your 1st Group Home….

Help those in your community that you see everyday in desperate need of affordable housing…

Thinking that this business is PERFECT for you because you would love to “get a bag” for helping those people…

But you find yourself just kind of STUCK in analysis paralysis, scratching your head, wondering what the first step you should take is then I want you to pay attention to this lesson from our of our recent ONE ON ONE COACHING CLIENTS.

She has not just been studying her GOLD COURSE MATERIAL, but actually taking action on what she’s learned.

She has her WEBSITE DEVELOPED

She has over EIGHT THOUSAND contacts in her target areas that she can market to for referrals.

She has only just begun her email marketing campaign to them as broken down in the Beginner’s Guide of the GOLD COURSE and hasn’t even tapped into the other 73 Marketing Ideas from it.

She currently has EIGHT nonprofits and organizations begging to do business with her.

She has not spent ONE DIME on furniture or housing.

Rewind that.

That’s right. This client is on a very tight budget and does not own her own home. She does not qualify for FINANCING FOR HER GROUP HOME.

This did not hold her back from completing the 1st stage of OUR COACHING PROGRAM and she is now fully confident that she can start approaching landlords with the pitch from THE GOLD COURSE designed to start with ZERO down.

Just like JASMINE DID and many more of our GOLD COURSE STUDENTS.

The key word that we used just now was CONFIDENCE.

This student did not gain that confidence from reading the Gold Course a ton of times or studying business books.

She got this confidence from her ACCOMPLISHMENTS and the COMPETENCE that she has from actually implemented what the GOLD COURSE taught her.

So if you find yourself WANTING to start your business but feeling STUCK, the only way to gain this confidence is to actually START.

Think about it, if your phone was ringing off the hook with organizations FLUSH with Government funding, you knew exactly the systems to implement once these tenants started to come with you, wouldn’t you feel much more CONFIDENT about actually purchasing a home, leasing one, or pitching your idea to these many struggling landlords out here???

You don’t need the GOLD COURSE, ONE ON ONE COACHING or any of our other PRODUCTS HERE designed to streamline the process for you to start.

You can start looking up organizations RIGHT HERE in your area, and start making calls JUST LIKE THIS.

If you have any questions holding you back, email me today or CLICK HERE for our FREE 5 PART COURSE (CLICK HERE FOR MORE INFO).

If you’re reading this then you probably found us looking up “how to start a group home” online somewhere.

You might be in the medical field, or real estate, or both…or you’re just a business minded person that notices trends and opportunities.

Whatever the case may be, we have a very simple business model that prints cash, solves a MASSIVE PROBLEM in your community, works anywhere, and can be started with little to no money up front.

This sounds great BUT:

There are 5 concepts that you absolutely MUST understand before even thinking about spending a dollar on housing, furniture, or supplies.

I have great news:

Based on hundreds of calls with our ONE ON ONE COACHING (CLICK HERE FOR MORE INFO) clients, and 10’s of thousands of interactions with our GOLD COURSE (CLICK HERE FOR MORE INFO) students, we have found that once someone who has the drive to get started understands these concepts, there is absolutely nothing holding them back.

Once those light bulbs start clicking, they realize that THIS is the answer they have been looking for!

Look, there’s a ton of different strategies out there and outright disinformation on this business.

To put it bluntly, there’s a lot of money in keeping you confused.

Let us keep it simple for you!

Just like our Group Homes, we truly believe that the more people you help, the MORE CHEDDAR you get! We are not going to bog you down with months of paperwork, fees, and thousands of wasted George Washington$.

We have had some GOLD COURSE STUDENTS literally spend HUNDREDS of THOUSANDS trying to get their 1st Group Home started before finding our simplified process.

Keyword there – “Trying”

We show you how to avoid ALL of that and start with absolutely ZERO. (join the call so we can go over a few real life cases of this)

Yes, we sell a few products but they are totally optional to buy. On this call we’re going to give you the exact same game plan that has worked for our founder and our 1 on 1 coaching clients.

Once you understand the following you will finally get out of the “analysis paralysis” stage that you are in now.

You’ll know exactly what to do if you want to have your 1st Group Home open in the next 30 – 90 days.

Part 1 – The Opportunity

Find out why our founder’s Group Home business is baking bread on autopilot while he spends an hour or 2 per month on it. We’ll talk about a couple students who have completely changed their lives just months or even WEEKS in some cases after signing up for our GOLD COURSE, WEBSITE DEVELOPMENT, and COACHING SERVICES. We’ll show the receipts for all of this!

Part 2 – The Legality

Learn about the Federal Laws governing housing that we abide by and why our business model will work wherever you are! The reason you won’t hear this anywhere else is because many people don’t want you to know that once you figure this stuff out, YOU CAN JUST START without all paperwork, licensing, and regulation that you probably just assumed was necessary. They have absolutely nothing to gain from giving you this info, SO THEY WON’T!

Part 3 – The Systems

We’ll cover the basics of our business model so you will know exactly how to replicate it! There’s a few simple things we do in order to get government backed checks from our tenants every month and manage everything.

Part 4 – The Advantages of Our Model Compared to Other Investing Strategies

Why not just get a rental property and work with qualified renters?? Well, wouldn’t you like to 10x the cashflow, have way more control over your property, get guaranteed checks, AND help your community?? Once you understand these ideas and follow through with what we teach you, you don’t need to buy a property! We have countless stories of landlords partnering with our GOLD COURSE STUDENTS with absolutely no money out of their pocket to get started!

Part 5 – How to Find Tenants

While it is one option, we do not just walk around looking for homeless veterans, seniors or the number of other demographics that need cooperative, affordable housing. If you live in a populated area there are HUNDREDS of caseworkers, nonprofits, and social service organizations who NEED YOU!!! We will show you how to find them, how to talk to them, and how to keep a steady flow of referrals so your homes will stay full and your business will continue to grow until you’re ready to retire.

Many people find themselves unhappy with their current day job. And while the urge to quit is there, you should always think about what you plan to do next. You can find another job in a similar or different field or look at other alternatives.

If you’re no longer happy with the typical nine-to-five setup, perhaps you should consider making some investments. In particular, it would be an excellent idea to have a good source of passive income. And a group home business may just be what you need. 

What Is Passive Income?

Passive income essentially refers to a type of income in which you won’t need to do a lot of active work to gain money. One of the most common sources of passive income is earnings from a rental property. Being a silent investor is also another way to earn passive income. The gist of it is that you’re not actively involved and yet still gain profits.

What Is a Group Home?

We’ve mentioned earlier that passive income often comes in the form of property investments. And one property investment you can make is through establishing a group home.

A group home is essentially a place where a number of unrelated people needing care can live together. They were essentially designed to provide care to people in need in a less restrictive environment. Group homes also help integrate people with disabilities into the community. They often try to create an environment that simulates a typical family life.

Benefits of Running a Group Home Business

• Great Source of Passive Income

When you have a rental property, you essentially have a stream of income each month from your tenant. But in a group home, you’re not just getting monthly earnings from one person but a group of people. So, you can earn a lot of money whether you’re running it full-time or part-time. 

• Time Management

When you have a typical day job, your free time is often limited to those outside of the daily weekday nine-to-five. But when you have a source of passive income such as a group home business, you are more in control of your time.

As long as you hire staff and assign someone to manage your group home business, you don’t always have to be there. At the minimum, you can make regular visits to see how everything is going and just have regular communication with your team.

• Reduce Day Job Stress

Having a day job can be pretty stressful, even if you love your job. It comes with being in a stressful environment with lots of deadlines and having so much to do. While running a group home business isn’t without its challenges and problems, it’s still less stressful and more laid-back than a regular day job. Since you’re less hands-on, you also have less to worry about.

Final Thoughts

Having a source of passive income can be great, as it provides financial stability without much active involvement. And investing in a group home business can just be the source of passive income you need. You get steady cash, have more control over your time, and experience less stress.

Set up your own group home business with the help of Group Home Riches. With the group home resources we provide, we empower others by showing them how to not only make a living but make a fortune by serving those in need. We do this by providing free content on our blog and website, as well as a free 10-part course on starting your own group home. Enroll in our gold course today!