Investing in faith based or recovery house?

1 Reply

I was curious if anyone has experience investing in a recovery or safe house( Oxford House, Half way house, prison release etc)? I have many relationships with people that need help with a fresh start in recovery, prison release and abusive relationships. I know this is not a new concept and don’t want to reinvent the wheel. Typically a leader is appointed to run the house under established guidelines and provide oversight to residents. This part I feel comfortable with, the logistics of making it financially profitable and being able to reinvest in future houses is what I’m a little lost on. Thoughts?

@Jason Lavender I have absolutely no experience or knowledge really on this topic, but with that said, I think it could be tricky mixing this type of property class with a profit in mind. You've eluded to the fact that it's been done before, and I do not doubt that. Personally, it just seems that some things may be better left untouched by investors - and this seems like one of them.

I would think the pressure to crank out a positive cash flow or ensure you're making a profit could conflict with the goal and intention of providing the folks with a well-suited and safe environment.

Hopefully someone with extensive experience will chime in and give you a more appropriate response to your questions - I'm interested in at least learning more about this subject.

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