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What do seemingly smart comments from people on various forums lead to?

“Not right now. I’ll join after I get my first deal.” I hear that all the time. And, frankly, it is backwards and wrong. If you could have pieced together all the free information out there or all the random seemingly smart comments from people on various forums, then you would have done it already. Face it, being too cheap…

Do you decide on price or on return on investment?

I used to struggle with this myself. Do you decide on price or on return on investment? There’s only one thing that matters. That’s ROI. (return on investment) NOT price. If you look at the price tag first, then you are treating everything like a simple expense. Now, that might be fine when buying clothes, or a car, or some…

Q&A: Why would someone pay TWICE the fair market rent?

I asked Isabelle Guarino, our speaker at Traction REIA tonight, some very pointed questions about investing in single family houses and turning them into Residential Assisted Living facilities. QUESTION #1: Why would someone pay TWICE the fair market rent? ISABELLE GUARINO’S ANSWER: The answer is your tenant, the operator of the Residential Assisted Living (RAL) facility, will still be able…

Actually paying Full Market Value opens up more property deals

Here’s the rub… With the massive amount of cash flow coming in from a Residential Assisted Living facility, you DO NOT need as big of a discount on the property when you buy it. In fact, you could actually pick the place up for Full Market Value and still make the numbers work. Obviously this depends on many different factors,…

TONIGHT: Jump into the Silver Tsunami of Residential Assisted Living

“Get in on the “Silver Tsunami” We’re talking about a fantastic opportunity that exists in Residential Assisted Living Facilities since there are a TON of people reaching retirement age and beyond each and EVERY day. These people are the “Silver Tsunami” (even if they have white hair too…) The baby boomers have always had a major impact on all sectors…

Typical renovations for a residential assisted living home

“Tom, owning a residential assisted living facility sounds great, but how much rehab and reconfiguration would I need to do to get the property converted?” TOM: Here’s the scoop from Isabelle Guarino: The size of the home, the number of bedrooms and bathrooms and the layout are all major considerations when it comes to choosing a home for Residential Assisted…

When Happy Birthday is the only song you know

Above are some photos of me with my dad. The one in the park was on what was a “good” day for him. The other is when we left his house in Buffalo NY for what will be his last time there. There was a difference. The eyes give it away. (There’s always a cognitive difference in the eyes.) He…

Follow the money in residential assisted living

How much can you make in residential assisted living? Let’s follow the money and find out… There are 2 directions that you can go: #1– Own the Real Estate and rent it to an operator #2– Own the Real Estate AND operate the Residential Assisted Living business as well. If you own the home and lease it to an operator,…

Discover How to Turn a Single Family House into a Positive NET Monthly Cash Flow of $5,000, $10,000 even $15,000

America’s leading assisted living authority, Isabelle Guarino, who’s father Gene founded the Residential Assisted Living Academy, will be offering an in-depth expert training on this timely opportunity. With over 77 million Baby-Boomers moving towards retirement and millions of seniors currently paying $3,000 -10,000 Per Person… Per Room… Per Month… this makes for very, very… SERIOUS CASH FLOW! Imagine a monthly…

Reasons for the growth of Residential Assisted Living

Why focus on Residential Assisted Living as a real estate investor? (I’m finding out the hard way with my dad…) The baby boomers have always had a major impact on all sectors and phases of their lives, and now that they are getting old, they’re having a major impact on the need for living somewhere with Assisted Living. It just…