One Mans Trash Foreclosure Is Another Mans Treasure

HOW TO BUY FORECLOSURES FOR PENNIES ON THE DOLLAR AND TURN THE FORECLOSURE INTO A MONTHLY OIL WELL THAT PRODUCES BIG PROFITS

I will buy 30 – 40 or so homes like this (buy foreclosures) in 2018. These houses may look like trash, but with a bit of knowledge you can turn them into TREASURE. Yes, foreclosures can be your GOLD

Let me give you an idea of what can be done with a foreclosed house like this and for what price you can pick up foreclosures for depending on your city

                              This foreclosed property was purchased for $28,000.

I will spend probably $10,000 on labor and another $5,000 – $10,000 on materials fixing it up. Rounded up, this house will cost me roughly $50,000 when it is all said and done. The final value? Probably $130,000 on the low  to $160,000 on the high. To me, it really doesnt matter. What matters is the income that it will generate.

 I WILL RENT IT TO MY GROUP HOME BUSINESS FOR $1,000 per month.

 

Market Rents would be about $1,200 / month

Buy Distressed Real Estate For Income
How to buy Distressed and foreclosed Real Estate For Income

Whether you want to use foreclosed houses like this for your group home or care home business, rent them out, sell them on terms or flip them for cash –

                                                  YOU HAVE A LOT OF OPTIONS. 

This website is dedicated to showing people like you how to set up and operate gr0up homes. One part of the wealth building formula that I teach is

 

                                            FINDING FORECLOSED PROPERTIES

like this, fixing them up and then holding onto them.

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Look, the houses dont even need to be foreclosures. They could be short sales or simply distressed property. Another secret is knowing WHERE to look. If you are in Los Angeles, chances are you are going to have a tough time finding foreclosures at the moment. The banks are holding onto them. So you need to look elsewhere. But once you find the location – AKA your farm area, you can find an ABUNDANCE of motivated sellers. Just remember, the window of opportunity usually doesnt last long. Heck, just look at Detroit!

In a nutshell, you need to learn how to market for these types of properties. After you learn how to find them, you need to learn how to fund them.

 

                                               After that comes the HARDEST PART.

                        Learning how to fix them without getting taken advantage of.

                                                   YES. THE CONSTRUCTION ASPECT

This is where most people lose their asses. The final part is EASY. Renting, Selling or Financing them out.

I have compiled all of this in my step by step system. Continue checking in on the Blog or simply sign up for my FREE, 10-Step GROUP HOME COURSE

 

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buy foreclosures and make money
Learn to Buy Foreclosures and turn them into income

Questions? Comments? LET ME KNOW YOUR THOUGHTS or sign up for my free 10-part course below

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Want $3000? Check this out!

Give me only one month of your time and I will change your life! I made the Gold Course to guide all of you looking for financial freedom outside of your workplace. Here is why you should let me help you:

– No experience needed

– Results in one month

– At least $3000 monthly passive income

You’ve waited for too long. Now is the time to take an action and open your own business that can make at least $3000 a month. Group homes don’t require a big investment in advance. You could either rent or transform your property into a group home.

You can turn a house into a group home in just days. Go to few garage sales, get basic furniture and there you have it. Let’s say you start with only six people. Now let’s say you charge the minimum of $500 per month. You could make a monthly passive income of $3000.

My Gold course makes you skip the trial and error and jump right into making money.
You should never rely on one source of income. If you already do, this is your chance to change that ASAP.

L(Earn) Today!

Remember the big fight between Mayweather and McGregor? As we all expected Mayweather is the winner. The weird thing was the reaction of the audience. We all know Mayweather’s crazy lifestyle, but why people bother so much?

Yes, Mayweather likes to exaggerate and brag about his money. But he came from nothing and managed to make 300 million for one night. It’s his right how he’s going to spend his millions.

People usually think that millionaires are cocky and insensitive. What they don’t realize is what millionaires have been through to get where are they now. Mayweather had a drug addict mother, drug dealer father who was in prison at some point and lived in the worst neighborhood. He could have taken drugs, get in a gang, but he became undefeated with millions on his account.

He stayed determined and pursued his dreams. That’s where most people fail. So, we all could learn a lesson from Mayweather.

McGregor, on the other hand, was bold enough to switch from MMA to boxing and accept to fight with The Undefeated. This made him 30 million which is more than everything he has earned so far.

If you are bold enough to make decisions that others wouldn’t, you’ll live the life they couldn’t. The same applies to business. The entrepreneurs who react fast and are ready to adapt get the most of the money.

I opened my first group home without anyone’s help and with only basic knowledge. I had to go through trial and error, but nothing could get in my way. I was one of the first in the area to open a group home. I risked, but it was worth it.

You don’t have to risk as much as I did. I have the Gold Course to guide you through the process of opening and running a group home. You just have to make a decision and stay determined.

I went through the hard way and made it happen. You are in a way better position.

$149 Can Change Your Life Forever

From all your questions I got so far, I have noticed one thing that is common for most of my subscribers. You overthink things!

I get a lot of questions related to the price of my Gold Course and personal seasons. “Will they to pay off?” So, let me break down the cost vs the benefit of the Gold Course.

First of all, I am sure that most of your expenses on monthly basis are more than $100. You may pay for gas, food, rent, student loans and so on. Probably just your gym membership is less than $100.

On a list of your monthly expenses, my Gold Course would be somewhere on the bottom. But this course won’t cost you another $149 next month.

So, you pay for it once and use it for a lifetime. If you are patient and committed, this one-time small expanse can turn into a monthly income.

After more than 10 years in the business, I can say I am rich in every sense of the word. I help people who are on the bottom. I see them grow. I see them stand on their feet again. I see some of my former tenants with their own houses, families, cars and even group homes.The feeling is priceless!

This is not a course only about how to start your own business. This is a course that will teach you how to change your life. If someone told me that the life I desire will cost me $149, that would have sounded like one hell of a deal to me!

Overthinking is just useless. Things will come to you depending on how motivated, inspired, driven, committed, patient and ready you are. And things will come as soon as possible if you START NOW.

Hakuna Matata Group Homes!

You know what’s Hakuna Matata! A problem-free philosophy! So are the group homes!

Most people start a group home as a side business. On the other hand, most companies don’t encourage their employees to have a side business. In the worst case scenario, they prohibit them.

They might question your loyalty and your performances even if you are an excellent employee.

If you decided to start a side business you probably wonder should you tell your boss or not.

There isn’t a correct answer to this question. If your company allows side businesses but doesn’t encourage the idea it’s probably better to keep your side business as a secret.

There are 2 important reasons why:

1. Any issue with your performance might be addressed to your side business.

2. During layoffs, you might be the first on the list because the company may consider that you have other means of survival.

If you want to ditch your job once your side hustle gets going it’s definitely better to keep it as a secret.

Anyway, we can’t exclude the possibility your boss to find out about your side business.

With so many possible problems in the way, you are probably curious why I referred to group homes as a problem-free philosophy.

This is why:

1. Group homes generate monthly passive income and don’t require much activity from your side. Your boss can’t address any issue with your performance to your side business.

2. Group Homes aren’t considered as a competition to any corporate business.

3. Group Home is like renting a property. A lot of people with full-time jobs rent part of their house or other property they own and their employers are totally fine with this.

You can quit your full-time job after you open your third group home. And until then you have no reason to worry!

After you open your first group home and run it for a while, money will pile up in your bank account every month. This allows you to expand and open your second and your third one.

The sooner you start, the sooner you can ditch your 9-5 and be your own boss!

What’s in it for you to run one of these homes? Why wouldn’t you just provide housing to a traditional renter? Watch this video to see the amazing outcome this business model will have on your community AND your wallet:

The Blueprint For Success

One of the first things that you need to do if you want to succeed is to set clear goals. Next, you need a specific plan how you are going to achieve these goals.

Of course having dreams is important, but every single person on the planet has dreams. Only those who have clear goals and a plan can succeed.

Continue reading “The Blueprint For Success”

How Christine made an additional $39 000 this year?

Christine made an additional $ 39 000 in the first year of owning and operating her group home for senior assisted living. The best part of her story is that she needed less than $ 2000 to get started!

Continue reading “How Christine made an additional $39 000 this year?”

The Weight of: “I don’t Know Where to Start!”

Considering the fact that I am more than 10 years successfully running hundreds of Group Homes, people often approach me with questions. What I could notice so far is that people often don’t recognize what are their priorities at the moment. Some people get too technical and others have a high-level overview and lack of specification.

Continue reading “The Weight of: “I don’t Know Where to Start!””

Group Home Business Plan – Why You Need One TODAY

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.

Continue reading “Group Home Business Plan – Why You Need One TODAY”