From Rentals to $4M in Equity Overnight (Through Assisted Living) w/ Aaron and Andrea Ameen
Action Academy | Millionaire Mentorship For Your Life & Business
Brian Luebben
4.9 • 702 Ratings
🗓️ 27 April 2026
⏱️ 52 minutes
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| 0:00.0 | First they call you crazy, then they call you lucky, then they call you for advice. |
| 0:23.0 | $7,400 a month just to put our three kids in daycare, which is, you know, more than twice our mortgage. There was no option to stay the same. To stay the same means that our finite resources would eventually run out. Strategies saying no to things, not saying yes to things. We went from dual income, no kids, to three kids and one W2 income in the course of 25 months. My dad had early onset dementia, so I was like a sophomore in college when he had to go into a nursing home. |
| 0:28.7 | There's two ways to win in business. Aaron and Andrea, welcome to the Action Academy podcast. |
| 0:33.9 | Round two for you, Aaron. I think Andrea are round one. Yes, newbie. Yeah, welcome to the show. |
| 0:39.1 | I'm super excited to have you guys on. Tell the people the wild ride that we're about to go on for the |
| 0:44.4 | next 45 minutes. All right. I think we're going to start with the present tense. We're currently |
| 0:48.9 | developing two residential assisted living homes in a suburb of Houston, Texas, where we live. |
| 0:54.1 | It's about a $9.4 million |
| 0:55.9 | development cost, and the appraised value once complete will be $13.4 million. So for people doing the |
| 1:02.0 | math, that's $4 million of added equity, of forced equity upon just like completion of the project |
| 1:08.6 | and having a full occupancy. 100%. But it was a long journey leading up to that, including lots of, you know, |
| 1:14.6 | trying different things that didn't quite pan out the way we wanted to, exploring different |
| 1:18.9 | asset classes, and then really merging our visions as a husband and wife as well to find |
| 1:24.7 | our way into this project. It's very personal in nature. So remind me again |
| 1:29.2 | the total project. What's the what's the total cost of the project? It's about $9.4 million. So |
| 1:35.5 | somebody that's listening to this is probably like, oh, Aaron and Andrea, you guys come from a |
| 1:39.3 | development background, a construction background. You probably were raised in a family where your |
| 1:43.2 | parents were doing that. |
| 1:44.5 | Not the case. So what was life like before? And so that we can paint a picture for how possible |
| 1:50.8 | this is and how figure outable things are like this. Yeah. So we were both working W2 jobs. And we got |
| 1:58.1 | into single family rentals as a way to make passive income. This is now seven or eight |
| 2:03.3 | years ago. And so that was where we started out. Aaron's parents had experience in rentals. And so we |
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