Want to create an interactive transcript for this episode?
Podcast: Get Rich Education
Episode: $10K Monthly Cash Flow With Each SFH
Description: #227: You are aging. So is America. The U.S. median age keeps rising. We need more senior housing. Your demographics are baked in the cake. Gene Guarino, owner of the Residential Assisted Living (RAL) Academy & I tell you about the opportunity. Serve seniors by converting Single-Family Homes into Assisted Living Homes (ALHs). There are two distinct pieces here: Â Â Â Â 1) The real estate. Â Â Â Â 2) The business with residents & care staff. Average U.S. ALH tenant pays $4,000 per month x 10 residents = $40,000. Your net is about 30%. That's $12,000 month. We discu...