JF678: Earn TWICE the Fair Market Rent from an Assisted Living SFR

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 11 July 2016

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode will make you shake with excitement! Our guest is a specialist in transforming residential homes into assisted living facilities. He took a three bedroom home and turned it into a 10 bedroom assisted-living business, and he is replicating this model everywhere. Take a hold of the 20 year plus trend that is carrying baby boomers to the bed! Best Ever Tweet: Learn from other people's mistakes before your own. Gene Guarino Real Estate Background: - Owner of Residential Assisted Living Academy - Turned a 3 bedroom home into a 10 bed Assisted Living investment - Based in Phoenix, AZ - Say hi at http://residentialassistedlivingacademy.com Listen to all episodes and get a FREE crash course on real estate investing at: http://www.joefairless.com Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at http://www.fundthatflip.com/bestever. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Subscribe in iTunes and Stitcher so you don’t miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
0:23.7	InvestHircon is not just another real estate conference.
0:27.1	It's a transformational experience focused on real estate investing,
0:31.0	business strategies, and self-care tactics, all designed to help women take
0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R, Con.com, promo code 100 best ever to get $100 off your ticket.
1:05.0	Best real estate advice I could possibly give you about this business and anybody else's.
1:09.2	I wish I had the ability to pay for somebody else's experience in this whole niche.
1:13.9	There was nobody out there to teach me, that's why I teach others.
1:16.2	So learn from other people's mistakes, not your own.
1:18.8	Best ever listeners, wouldn't it be nice to have a $2 million pre-approval line of credit.
1:25.0	Just think about that.
1:28.0	Isn't that nice?
1:29.0	Wouldn't that be nice?
1:30.0	How would that help you get more deals done? Because when you submit a pre-approval line of
1:35.6	credit with your offer on a fix and flip house, do you think it's going to stand out
1:41.7	more? I think so. And our friends at Fun Matt Flip, you know Fun That Flip, Matt Rodack, he's been on the show before many times. He's a friend of mine. He's also the owner of Fun That Flip and they're a sponsor of today's episode.
1:58.0	What they're doing is they're giving a $2 million pre-approval line of credit up to $2 million pre-approval line of credit for qualified
	...

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