Updated almost 2 years ago on . Most recent reply
Assisted Living // Military
I have a buddy who has all the certifications and license for an assisted living home. I would love to connect with someone that has experience in this sector :)
Plus, I would also love to connect with military investors and see what you guys currently do for investing
Most Popular Reply
Joshua,
I do not have any experience with assisted living facilities, however, I had a BN CDR a while back that was making a ton on them. He had several large homes that he rented rooms out to elderly tenants who needed assistance. He would then hire nurses to work at each of the homes. Some of his places had 4 or 5 bedrooms and he was collecting a few thousand a month per room.
As far as military I'm currently in my 38th year in the Army Reserve. I have about 8 years active duty from deployments. I've done a wide range of real estate investing over the last 25 years, but currently I'm at the tail end of a fix and flip. I'm supposed to close on the next house next week and it will likely be a fix and flip as well. Hamp Lee III congrats on your fast approaching retirement. I won't be far behind you. My current plan is to retire in 2028, but I could leave sooner.