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Buying & Selling Real Estate

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Rob B.
  • San Leandro, CA
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59
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Residential Care Home

Rob B.
  • San Leandro, CA
Posted May 14 2015, 17:56

I'm just curious, does anyone have experience with Residential Care Homes? I saw one advertised that was a house set up for six people, fully occupied. They claimed it was 10.5% CAP. I'm just wondering, is this akin to a nursing home or is it just a house set up for the elderly. Does anyone know how these work and if they're a good passive investment?

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