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Andy's "Retirement"
Manage episode 347390145 series 2853214
If you do not know the origin story of Group Home Riches, scroll over to our very first episode of the podcast to hear the story of our founder.
Long story short...
Andy was a struggling landlord, basically losing money every month on his properties. The affordable housing issue is at a CRISIS level now, but even 20 years ago he saw the writing on the wall.
He wondered if there was a way to help out the community AND solve some of the problems he was having with his rental properties.
And he was right!
He was able to quit his corporate gig, amass an extensive portfolio of properties, and eventually start LOANING money.
His Group Home Biz was the cash vehicle that fueled all of this.
Over the last year or 2 he began liquidating a lot of his properties and "retire".
We use the air quotes because he is basically cashing out, and now concentrating it all into hotels and apartment complexes.
The best part?
He's able to use his connections built from the Group Home business to STILL get guaranteed checks for his units, subsidized by Uncle Sam, and still have a massive positive influence on the communities that he serves.
On this podcast we do a deep dive on his beginnings, breakdown this new strategy, and talk the Group Home Riches and the Real Estate market.
If this sounds like the perfect industry for you, head to www.grouphomeriches.com and sign up for your free 5 part guide.
Have any questions? Reach out to andy@grouphomeriches.com
72 jaksoa
Manage episode 347390145 series 2853214
If you do not know the origin story of Group Home Riches, scroll over to our very first episode of the podcast to hear the story of our founder.
Long story short...
Andy was a struggling landlord, basically losing money every month on his properties. The affordable housing issue is at a CRISIS level now, but even 20 years ago he saw the writing on the wall.
He wondered if there was a way to help out the community AND solve some of the problems he was having with his rental properties.
And he was right!
He was able to quit his corporate gig, amass an extensive portfolio of properties, and eventually start LOANING money.
His Group Home Biz was the cash vehicle that fueled all of this.
Over the last year or 2 he began liquidating a lot of his properties and "retire".
We use the air quotes because he is basically cashing out, and now concentrating it all into hotels and apartment complexes.
The best part?
He's able to use his connections built from the Group Home business to STILL get guaranteed checks for his units, subsidized by Uncle Sam, and still have a massive positive influence on the communities that he serves.
On this podcast we do a deep dive on his beginnings, breakdown this new strategy, and talk the Group Home Riches and the Real Estate market.
If this sounds like the perfect industry for you, head to www.grouphomeriches.com and sign up for your free 5 part guide.
Have any questions? Reach out to andy@grouphomeriches.com
72 jaksoa
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