Ep #209: A Unique Spin on the Assisted Living Model -- with Loe Hornbuckle

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9 • 675 Ratings

🗓️ 18 December 2018

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of the Real Estate Investing for Cash Flow Podcast, Kevin shares the mic with Loe Hornbuckle; CEO of Sage Oak Assisted Living in Dallas, Texas.

Loe originally cut his teeth in business as a car salesman while in Louisiana. Pulled by the desire to do something greater, Loe later relocated to Dallas to work in a multifamily management company -- eventually investing his sweat into his first Assisted Living Facilities with the help of a high net worth investor.

Loe now operates 5 main properties that fill a need significantly lacking in his markets; Re-Creating the warmth and comfort of home for all of his tenants.

HIGHLIGHTS:

[5:47] Loe’s background
[9:48] What was Loe’s first deal like, and how did he scale to 5 properties in 18 months?
[21:25] What does the expense ratio look like running a campus-like assisted living model?
[25:22] What is Loe’s due diligence process?
[33:05] What is Loe’s exit strategy?
[37:24] Closing thoughts

Job Opportunities with my Team: Click Here

Recommended Resources:

Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here
Visit Sage Oak Homes’ Website
Contact Loe at “[email protected]”

Review and Subscribe

Transcript

Click on a timestamp to play from that location

0:00.0	You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it.
0:09.2	But you're tired of all the so-called gurus who are all talk and no substance.
0:15.3	Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen.
0:21.6	This is the Real Estate Investing for Cash Flow podcast.
0:25.2	Now, here's Kevin Bup.
0:31.7	Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real
0:35.0	Estate Investing for Cash Flow podcast.
0:37.2	Our mission is to help you build and maintain
0:39.1	massive amounts of cash flow through income producing real estate investments. Our guest for this week's show is
0:45.0	Real Estate and Assisted Living Investment Expert Low Hornbuckle. Lo is the founder and CEO of Sage Oak
0:51.5	Assisted Living, the premier boutique senior living provider in Dallas.
0:55.8	It has been involved in over 100 real estate transactions since 2010, including Sage Oak's
1:00.9	current portfolio five residential care homes. Lozay licensed assisted living facility manager
1:06.8	in the state of Texas and currently handles day-to-day operations for all five locations.
1:12.3	And now, if you guys have been an active listener to my show for any time now,
1:17.0	then you'll know that assisted living is one of my favorite asset classes.
1:21.7	The others being, of course, mobile home parks, and then really no particular order following
1:25.9	that would be multifamily parking lots and self-storage. Mobile home parks surely take in really no particular order following that would be multifamily parking lots
1:28.1	and self storage. Mobile home parks surely take the lead, but really diversity is the key when it
1:33.3	comes to investing in. The aforementioned investment niches are really at the top of my list.
1:38.5	And so, guys, I'm very excited to get on to the show with Lowe, but before we do, here's a
1:43.2	Quickworth Mar our show sponsor,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kevin Bupp, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kevin Bupp and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.