ROI for Sober Living Homes?

Question

Sherri Perry · Answer

Hi David, I'm a nurse practitioner and I'm interested in doing sober living homes "the right way". I really believe they deserve a nice home to be able to recover properly. I'd appreciate your advise on getting connected with the right people. I'm in Florida. I appreciate it! Sherri

David Goodman · Answer

When you’re looking into operating recovery homes, it’s vital that you put the right supports in play. You can learn more about how to do that with the national Certification program, NARR (National Alliance of Recovery Residents). Here in TN, our branch is known as TNARR.

If your interested in doing sober living the right way, I can get you connected to the right people.

Daniel Shamtoub · Answer

@David Goodman

Hi David,

I’m looking into turning a multi family property in Los Angeles into a detox/sober living facility.  Would you please contact me for a brief discussion?

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Thanks I’m advance

Uwe Cerron · Answer

I'm intereted in connecting with other investors with experience. Looking to buy and lease or operate sober living facilities in LA, TN and FL

Charles Kappe · Answer

If you're ever looking for assistance, I have owned and operated multiple sober living programs for about 6 years now and also have been in the investor/landlord position across the US. Feel free to reach out to me directly. I may be able to offer some solutions.

Thanks,

Charles Kappe

Founder Connect The Dots Recovery

Jared Galde · Answer

We invest in sober living style homes full time. Closed 7 of them last month. ROI is great if you do it right, would be glad to connect and share any info. Cheers

William J Melius · Answer

Hey there Nick. I have a few friends that are invested in Sober Livings. I myself live in LA county and you like to connect with you further on this subject.

Derrick Haase · Answer

He said sober house not flop house.  Nick, I am interested in sober living investments as well for the many benefits I have seen other investors experience.  I am about ready to open my first one by August 31.

Chad Michael · Answer

Not sure about ROI but I’ve heard they can be a hang out for bed bugs.