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Real Estate Rockstars Podcast

1281: The Blue Ocean Market of Residential Assisted Living with Charlie Cameron and Angie Holmstrom

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 14 November 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Curious about the untapped potential of residential assisted living in real estate? Charlie Cameron and Angie Holmstrom, two dynamic real estate pros who each transitioned from entirely different careers to specialize in a niche that’s quickly gaining traction. They share the hurdles they encountered early on, how they found their stride in real estate, and what ultimately led them to focus on residential assisted living properties. They break down the booming demand for these properties, various assisted living models, and the unique needs of clients seeking these investments. They offer expert advice on how to discreetly approach sellers, network effectively, and evaluate the financial potential of each property. They also tackle essential factors like valuation methods, market trends, and financing opportunities. Tune in for this episode’s game-changing insights! Links: Follow Angie Holmstrom on Instagram Follow Charlie Cameron on Instagram Visit Angie Holmstrom’s Website Visit The RAL Room Website Join the Residential Assisted Living Facebook Community Follow Aaron Amuchastegui on Instagram Get Hundreds of FREE Real Estate Tools From the Toolbox Join the 2025 Real Estate Rockstars Mastermind!

Transcript

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0:00.0

Real estate rock stars. Hey, I just interviewed two of my friends. I met them last year at my

0:07.2

real estate rock stars mastermind out in Austin, both Charlie Cameron and Angie Holmstrom

0:12.6

wanted to come on today to share about something kind of completely different they've never

0:16.2

had on the podcast before. One of their focuses on how they grow their real estate businesses is by helping investor

0:23.4

clients find assisted living houses.

0:26.0

I was totally inspired by what they said.

0:28.8

It made me kind of consider myself.

0:30.6

Maybe I should be doing this in my business.

0:33.5

So if you're ready for a new investor lead type, buckle up.

0:37.1

Listen without further ado, here we go.

0:52.3

All right.

0:53.0

Let's get started.

0:53.7

Well, today we get two agents for the price of one. So it's time to say hi to both of them. Hi, Charlie. Good to see again. How are you?

1:02.1

I'm great, Aaron. Glad to be here. Thanks so much for bringing me on. Yeah. And where do you live right now? Where are you coming from?

1:07.6

I am in Virginia. I'm in the Northern Virginia area, Woodbridge. Northern Virginia. How long have you been there? Just a few months. Just moved from

1:14.1

Destin, Florida. Oh, wow. You moved from the best place in Florida. To the rat race. Yep, I know.

1:20.4

Rat race. That's like people usually do it in reverse. Like everybody wants to go live in Destin. Why did you leave Destin? My wife is still active duty. I

1:28.4

formerly am active duty. So she's at the Pentagon now. So we had to had to make that move.

1:34.0

You don't say no to the Pentagon. They're like, you got to move. Okay. Hopefully we get back to

1:39.4

Destin someday since everybody wants to get there. How long have you been an agent, Charlie?

1:44.0

Just over five years.

1:45.7

Yeah.

...

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