How Sober Living Homes Out-Cash-Flow Traditional Rentals w/ Jim Bode
JUN 21, 202633 MIN
How Sober Living Homes Out-Cash-Flow Traditional Rentals w/ Jim Bode
JUN 21, 202633 MIN
Description
One sober living home can out-cash-flow five traditional rentals. Jim Bode breaks down exactly how.Jim Bode has been a real estate investor for 25 years. When COVID hit and tenants stopped paying, he discovered sober living homes and built a six-figure operation running three properties in 10 to 15 hours a week. Today he coaches investors and operators through Group Home Accelerator on how to do the same.In this episode, Jim walks through the full model from start to finish:Why renting beds instead of bedrooms changes the cash flow math entirelyThe four-bedroom minimum buy box and the two-beds-per-room ruleHow state and federal funding covers 2 to 6 months of rent per residentADA protections that shield sober living operators from zoning pushbackHow to find the right operator if you want the cash flow without running the homes yourselfWhy turnover is a feature of this model, not a problemJim also shares the story of a resident who came in missing his front teeth and left two years later with a new smile, a truck, and a drive back home to the family he hadn't seen since he was 14.Guest: Jim Bode, founder of Group Home AcceleratorLearn more: grouphomeaccelerator.com🔗 Build systems for your investing business: https://realdealcrew.com#SoberLiving #GroupHomeInvesting #RealEstateInvesting #CashFlow #RealDealChat #NicheRealEstate #RealEstatePodcast #PassiveIncome #RecoveryHousing #InvestingStrategyWork With RealDealCrewIf you’re already closing deals but your intake, follow-up, or visibility feels inconsistent, here are two ways to go deeper:Take the Deal Intake AssessmentSee how resilient your current operation actually is.→ https://assessment.realdealcrew.comBook a Fit CallIf you want to explore what a fully system-driven deal flow looks like, let’s talk.→ https://realdealcrew.com/bookLIKE • SHARE • JOIN • REVIEWWebsiteApple PodcastsYouTubeYouTube MusicSpotifyAmazon MusicFacebookTwitterInstagram