This "Boring" Business Pays $20K/Month PER HOUSE with Mitch Conrad
The BetterLife Podcast
Brandon Turner and Cam Cathcart
4.8 • 831 Ratings
🗓️ 10 March 2026
⏱️ 67 minutes
🧾️ Download transcript
Summary
I never seriously considered assisted living until I sat down with Mitch Conrad. He's a former high school math teacher who built a portfolio of 22 homes and 650 beds, and he basically broke my brain for an hour.
The best homes in his portfolio clear $20,000 a month in profit on a single house. You own the real estate and the business at the same time, so you're stacking tax benefits and cash flow in a way that normal rentals just can't touch.
And the timing is wild. The average age for assisted living is 85, and the oldest baby boomers aren't even there yet. By 2035, beds needed versus beds available will be 7 to 1. The wave is coming, and almost nobody is positioned for it.
Cam and I are in after this conversation. Come find out why.
Go find your deals at cashflowisntdead.com
Need funding for your next deal? Start at betterliferef.com
🧔♂️ WHO AM I? My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
1️⃣ WANT TO GET YOUR FIRST DEAL?
https://go.abetterlife.com/fd_yt_landing
📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?
https://go.abetterlife.com/blt_yt_landing
🤝 CONNECT WITH ME ON INSTAGRAM
https://go.abetterlife.com/bb_yt_instagram
📚 READ ONE OF MY BOOKS
https://go.abetterlife.com/bb_yt_storefront
❌ DISCLAIMER
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the Better Light podcast. I'm your host, Mr. Brandon Turner here with my co-host. Cam Cathcart. Cam Cathcart, buddy, what's up? |
| 0:06.6 | How much, man? |
| 0:07.2 | How are you doing? |
| 0:07.9 | Dude, I'm phenomenal. I spent two hours preparing for this podcast, setting everything up, and my office has never looked cleaner. You did a great job. It's pretty good, right? Look how good we look in this camera. Dang, we look good. If you're watching this, or if you're listening to on Spotify right now or Apple, you're missing out on how good looking cam is. |
| 0:23.8 | Except I chipped one of my this camera. Dang, we look good. If you're watching this, or if you're listening to on Spotify right now or Apple, you're missing out |
| 0:21.8 | on how good, like, |
| 0:23.0 | looking camera is. |
| 0:24.0 | I chipped one of my teeth. |
| 0:25.2 | Did you? |
| 0:25.6 | You see that on it? |
| 0:26.2 | It's like half as big. Uh, yeah, what happened? Uh, I had a veneer and the veneer, like, cracked off. And then so I went to try and get this replaced |
| 0:34.5 | They're like, |
| 0:34.8 | ah, we probably should just do all of your veneers |
| 0:36.7 | because I messed up my teeth playing basketball in high school. |
| 0:41.0 | But... to try and get this replaced. They're like, ah, we probably should just do all of your veneers because I've messed up my teeth |
| 0:38.2 | playing basketball in high school. But you know how much veneers are these days? No. I have no idea. $12,000. No. Yeah, so I'm just going to write it out, but I am self-conscious about it. You look fine. I did not notice anything. Yeah. You look fine. |
| 0:53.5 | You also are down like 20 pounds, according to you. |
| 0:55.6 | I'm losing weight. |
| 0:56.4 | That's great. |
| 0:57.1 | How are you losing weight? So I can tell you exactly how I'm doing. Yeah, what are you doing? I am eating chili three times a day. Chili. Chili. Chili. But like 96 for ground beef, so no fat in it beans onions some bell peppers a couple cans of tomato sauce so it's |
| 1:18.0 | super healthy uh i literally eat that three times a day at night i'll put it over rice so i can get |
| 1:24.1 | some carbs in me um but i if i if I like give myself any leeway, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Brandon Turner and Cam Cathcart, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Brandon Turner and Cam Cathcart and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.