Are You Making These 3 Common Mistakes When Starting a Group Home Business?

Are You Making These 3 Common Mistakes When Starting a Group Home Business?

 

Starting a Group Home Business..or any business for that matter…isn’t always easy. There are so many things to think about and decisions to make!

 

There are several common and dangerous mistakes many new FREE 10 PART COURSE (CLICK HERE) members make that can negatively impact their businesses.


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Here are 3 of the most common ones we see that you should avoid when getting your first Group Home up and running:

 

1) Not Marketing Enough

This is HUGE. Marketing is going to be the life-blood of your business and many newer members do not realize how BIG you need to go with your marketing. We get a lot of members who have their first home and only get a couple tenants. The reason? They have ONE…maybe TWO referral sources…and sit back and rely on that one social worker or organization to send them clients. Don’t do this if you want to fill up and scale quickly. GO BIG. We recommend using the email marketing tutorial in my FREE 10 PART COURSE (CLICK HERE), build a database of AT LEAST a couple hundred contacts, and continuously market until you have as much tenants as you want.

2) Trying to Run Before Walking

We have a lot of members come to us with grandiose plans of buying an apartment complex and converting it to a large scale Group Home offering top of the line medical care, or partnering with local government programs and non-profits to completely end homelessness in their community with a large building and free resources….etc. etc. These are all WONDERFUL ideas but let’s be realistic! Have you ever flipped a home? Do you have construction experience? No? …. then you’re going to have an extremely tough time rehabbing and converting a large property! Do you have a lawyer that will help you with paperwork? Do you have political connections?? How bout a track record of successful Group Homes that you’ve previously owned? No?? … then you’re going to have an extremely tough time getting a Grant!

 

My FREE 10 PART COURSE (CLICK HERE) will show you how to start with as little as $1500 – $2500 or how to find a partner if you have NO MONEY (this is the PERFECT partnership opportunity for Real Estate investors) and be running at full capacity in 30 – 60 days! Having big goals are AWESOME…but without a plan they are just words! My FREE 10 PART COURSE (CLICK HERE) will give you the plan along with actionable steps you can take RIGHT NOW to have your first home running much sooner than you probably thought.

 

3) Analysis Paralysis

You don’t need to learn and know EVERYTHING all at once. There is a TON of material in my FREE 10 PART COURSE (CLICK HERE) and you should continuously educate yourself. But education is an ongoing journey, not a destination! Once you come up with a game plan and know who you want to market to: START! It’s a really simple concept….find a home, get it set up, market to organizations and people that serve your clientele, fill the home and manage! Don’t make it harder than it needs to be.

 

Think about your current job or hobby..or really anything like that in your life..you learn as you go along right? Can you imagine if you waited until you knew EVERYTHING about your current job before ever starting?? You’d never start…and never get a check! Unfortunately, this is what MANY people do when starting a business and this will hold them back for years when they could have realistically had a home filled with tenants in the first 30 – 60 days if they just GOT STARTED. 

We all make mistakes. Andy made a TON of them when starting out that cost him THOUSANDS…in fact, there is a whole section dedicated to this in my FREE 10 PART COURSE (CLICK HERE). The key is to learn from them! You can do this the hard way by learning from YOUR mistakes…or the easy way by learning from others. The choice is yours!

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The Lazy Way to Offer Licensed Care For Your Group Home

Does Your Group Home Need to Become a Licensed Facility?

Do You Need To Employ Licensed Nurses at Your Group Home?? NO!!!

 

 

Let’s imagine a scenario for a moment:

Let’s say you have a home and you want to rent out a converted garage.

You put an ad on Craigslist with a picture of your home, price, and brief write up of yourself and the home’s amenities.

You get a few inquiries and set up a few calls. One person seems like the perfect fit! He is quiet, stays to himself, and has a guaranteed source of income but there’s one catch:

He is an elderly gentleman and he needs a nurse to come by to administer medicine and check his vitals 3 times a week.

What would you do in this situation? Would you try to convert your garage into a licensed facility? How about hiring a nurse and paying him/her out of your own pocket? Would you become a licensed nurse yourself???

OF COURSE NOT!
You don’t have to turn this tenant away either! This is where a “Home Health Company” comes into play and this is what you can do for your Group Home!

In this situation your tenant would call a Home Health company, pay out of their own pocket or through Medicaid for example, and you collect your fee for providing housing! That’s it!

Now instead of one of these tenants in a converted garage, do it for every room! Establish a relationship with a few local companies and you can either refer your clients to them or make the call if needed.

This is exactly what our FOUNDER does for his Group Homes and the method taught in our FREE 10 PART COURSE. 

This is one of the MANY tips you can follow in the FREE 10 PART COURSE to replace your full time job’s income while STILL WORKING just like THIS FREE 10 PART COURSE MEMBER  DID (CLICK TO LISTEN)!

Follow the management tips in OUR FREE 10 PART COURSE to run a lean business, the easiest way, with minimal work on your end! If implemented correctly, your job duties will be similar to running a rental property and you can easily earn a GREAT LIVING working part time! 

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How To Approach Landlords & Start Your First Group Home With No Money Down

Start Your First Group Home With No Money Down

And How To Approach Landlords

Yesterday one of my FREE 10 PART COURSE students told me that they wanted to scale up their First Group Home Business.
                                                                                           

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She was wondering on average how many landlords she needed to contact to get a “Yes”

I explained to her that on average, once she got GREAT she would average a 25-30% close rate. But right off the bat, she would need to count on about a 15% close rate or roughly 1 out of 7.

More specifically, she would need to approach 7 landlords to get a “yes”….

Now for the next question…..

“Andy, can you give me the step-by-step script as found in the FREE 10 PART COURSE where I can get my First Group Home up and going for no money out of pocket?”


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 Yes – here it is:

“Mr. Landlord, I saw you had a 4 bedroom home for rent on Craigslist that you are trying to rent out for $1,000 per month. What if I could show you a way to make more per month than you are currently listing it for and do it in a way that doesn’t require any extra work, any extra cost, any extra maintenance….nothing at all?”

Landlord: “Hmm….tell me more.”

“What if I manage it, I rent out the rooms or beds in each room, handle all the maintenance, cleaning etc…. The rent will be paid ON TIME each month and all the maintenance will be covered by me….. AND I’ll pay you not the $1,000 you are asking – but I’ll pay you $1,500 per month – and then I get to keep everything that is left over?”

Landlord:

“Hmm. Yes, that sounds great”


GROUP HOME ENTREPRENEURS! THIS IS THE MODEL! YOU DO NOT NEED CASH, CREDIT OR RESOURCES!

YOU ONLY NEED TO BE RESOURCEFUL LIKE WE TRAIN OUR STUDENTS TO BE IN THE FREE 10 PART COURSE!

READY TO INVEST IN YOURSELF?? GET THE FREE 10 PART COURSE!

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The Federal Whole Person Pilot Program For Your Group Home Needs You – Read this to get government $

The Federal Whole Person Pilot Program For Your Group Home Needs You 

Read this to get government $ for your Group Home

 

 

No matter where I travel I see the same issue pop up.

GROUP HOME OWNERS NOT KNOWING HOW TO TAKE ADVANTAGE OF GOVERNMENT PROGRAMS
AND
GOVERNMENT PROGRAM MANAGERS NOT KNOWING HOW TO GET THE WORD OUT TO PEOPLE LIKE YOU!

When I woke up this AM, I saw the following article (photo above) with the caption

“State Intercedes Due To County Not Enrolling Enough Homeless People In Program”

The county was awarded $16,000,000 for this one program to help house roughly 3,000 homeless people. Click This To Read Article

Guess What? They Can’t Do It! They Need Your Help!

I have been teaching my FREE 10 PART COURSE students how to target these programs for years.

The FREE 10 PART COURSE is the step-by-step program that shows you exactly how to find a home, furnish it and begin renting beds out each month for Spiritual Growth and Financial Profit.

I have personally been doing this for nearly 20 years. 9 times out of 10, the biggest issue is the Government Agencies Not Knowing About YOU and YOU not knowing about these government agencies and programs.

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Co-Living: The Next Big Trend in the Housing Business and How You Can Capitalize With Your Group Home

How You Can Capitalize With Your Group Home

On The Next Big Trend in the Housing Business

As housing prices continue to rise, wages remain relatively stagnant, the housing crisis shows no signs of slowing down and big business is quickly coming up with creative solutions similar to what you can do with a Group Home. See excerpt from THIS ARTICLE below:

While housing leaders are focusing on collaborating for the next generation of more affordable housing solutions, residents are banking on new developments that allow them to collaborate. Resident demand for more affordable housing has led to many different shared-living solutions that lower overall cost, making them an attractive living arrangement.

 

Common, a national property manager that designs, operates, leases, and brands multifamily properties to appeal to today’s renters, has been leading the trend and now has properties in New York City, Los Angeles, San Francisco, Chicago, Washington D.C. and Seattle.

What big property management companies, Silicon Valley investors etc. are figuring out is YOUR BUSINESS MODEL as a Group Home owner! No matter what your target market is, at the end of the day you are offering affordable housing to people in need. AND if you follow the techniques taught inside OUR FREE 10 PART COURSE

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 you will be one step ahead of the Silicon Valley sharks by getting guaranteed payment every month from government programs, non-profits etc! Sign up today for your free training and learn how to find a home, get it set up, and market your way to financial freedom while helping out your community at the same time! Get Started today!

The Depression Crisis & How You Can Help With Your Group Home

The Depression Crisis &

How You Can Help With Your Group Home

 

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Did you know? …..

Approximately 20 Vets a day commit suicide?

Approximately 1 MILLION people commit suicide worldwide per year?

1 in 6 Americans take an antidepressant?

In a recent study, 1/3 of respondents reported leaving their job because of depression?

What does all of this have in common?

A MENTAL HEALTH CRISIS

And it is not just people who went to war, are homeless, or dealing with addiction issues…it’s even become a very big issue with men that get paid A LOT OF MONEY to play a game that they love. Check out an excerpt from a recent article on a growing mental health crisis in THE NBA:

For NBA commissioner Adam Silver, supporting players and their mental health is an ongoing initiative.
“When I meet with them, what surprises me is that they’re truly unhappy,’’ Silver told The Ringer’s Bill Simmons during an hour-long panel discussion at the 13th annual MIT Sloan Sports Analytics Conference on Friday afternoon. “A lot of these young men are generally unhappy.’’
While fans might presume players are hanging out and devising ambitious plans so that they can play on the same team, Silver stressed that’s hardly the case.
“I think it’s less calculated than a lot of people think,’’ he said. “The reality is that most don’t want to play together. There’s enormous jealousy amongst our players.’’
 
In his observations and meetings with players, Silver said he has discovered there are pervasive feelings of loneliness and melancholy across the league. Citing six-time NBA champion Michael Jordan’s final season with the Chicago Bulls as a paragon, he said he no longer sees the high level of camaraderie or team-building that once existed in previous years.

(READ THE FULL ARTICLE HERE)

The bold/underlined emphasis is mine and the reason the world needs YOU as a group home entrepreneur. In mine and many professional opinions backed by studies, one of the main reasons for the growing mental health crisis is lack of “Community” or “Camaraderie” or “Team Building” as the article mentioned. In this day of social media where everyone is connected DIGITALLY I believe we lack many of the traditional ways humans used to bond and this contributes to the growing depression epidemic.

Couple this with issues like homelessness, drug addiction, PTSD from war or traumatic childhoods etc. and you can see how the demand for Group Homes is growing. At the bare minimum, many of these folks need affordable housing so they can get back on their feet, but you can also provide a structured environment for like minded people going through similar struggles together.

If you want to be a Group Home Entrepreneur….

Your household finances are one of the most important things for your personal well being, and OUR FREE TRAINING is one of the most important things for your household finances!

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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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2018 – What is your Group Home Game Plan

This Group Home Room = Your Retirement

Group Home Room
Group Home Room

(THIS ONE ROOM in our Group Home = Over $1,500 in NET MONTHLY INCOME)

Hi ,

I’m putting up this Group Home Blog Post this Saturday afternoon with 1 tip and 1 inspirational story.

Group Home TIP #1

Group Home Automation. When you get your first group home up and going, furnished and making money your next step is to AUTOMATE. One of the easiest ways of automating is setting up your website and marketing systems to produce inbound leads for you while you sleep.

  • You can do this by coming up with a group home marketing flyer and 10-15 pre-scripted emails that go out to the nurses, case workers, social workers and doctors in you area one to two times per month.
  • You can set this up on auto-pilot using any old email system. Total cost Free – $99/month depending on how advanced you want it to be.
  • We actually include group home campaigns like this targeted toward disabled vets and other similar areas that you can use to build up your client base. All of this is included in my GOLD COURSE and you can literally just copy, past and change your company name and contact #. The calls will start rolling in in order to get your group home occupancy full and generating income ASAP.

Group Home TIP#2.

I have been absolutely slammed the last 6-9 months working on new projects – all primarily recent real estate acquisitions (in order to add more Group Homes to the portfolio) The past few weeks, my family and I decided to head out of town for a small break (quicker flight than Hawaii)- and so I am here right now writing this from my phone. The trip will cost a small fortune – but let me tell you a great inspirational story. Just last night one of my Group Home Managers told me he had received a call from a case worker needing to house a special needs client. We signed the guy up on a $3,500 three month contract. My margins on just that one client will probably be close to 90% because we will not be paying for food, and the social services agency is covering his gas, water and electric. Not bad! I just paid for half my trip with just one client without doing much if any work at all.

This is the power of the GROUP HOME AND HALFWAY HOME business. There are literally millions of people that need a place to live. I show people, step by step in my GOLD COURSE exactly how to do this and automate it so that you too can travel the world while others pay You!

Thoughts?

Questions?

Dont believe me?? Or dont think you can do it?? Think again! You CAN DO IT!

Send me an email and lets talk!

 

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