Isabelle Guarino
๐ค SpeakerAppearances Over Time
Podcast Appearances
100%.
A lot of people hear this and they get excited.
Oh, it's money.
And oh, yay, I could cash flow really well.
The reality is, you guys, you could cash flow well on a lot of types of real estate, of course.
There's a million other ways.
This is not one you should get into if it's all about the money, right?
It has to be that equal balance.
And this is impact investing because you are doing something big.
When you asked who's the right person for this, most of the people who come to our training, they have a loved one who's in assisted living who had a bad experience and they're coming because they either want to get them out and put them in a better home or they're like, I will never allow that to happen to anyone else in my life.
And so they have like a
So here's the thing.
Shared is actually harder to fill.
Yeah.
So shared is harder to fill.
We had a resident or we had a student who was licensed for 16 and they custom built a home out in Georgia.
13 bedroom, 13 bath with the intent that some people will want to share and we'll have that option.
They've only ever had 13 residents.
from like the last five years from day opening to now yeah and it's like yeah because people don't really love it when you're in a low income area everyone wants to share everyone needs to share because they can't afford that that's right but as the business owner you're now bringing in less income but you still have the same expenses your mortgage doesn't change those caregivers you still have to pay them yeah so now you're just making less money and you know be
So bathrooms can be shared.