Real Estate Investing Mastery Podcast
Buying and Flipping Grandma’s House » Episode 922
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:46:36
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Sinopsis
Real estate and senior living can be like peanut butter and chocolate if you do it right. But it can be a terrible disaster where you come off looking like a jerk if you mess it up. That’s why the approach you have when you talk to buyers and senior living professionals must be completely different than the normal real estate investor approach. For 22 years, Phillip Vincent has been a fix and flipper in St. Louis, and for the last 9 years, he’s focused solely on the senior living niche. From the moment a family finds out that mom has to move into a senior living facility, that family moves into crisis mode to take care of her. And as they figure out which home to place her in, they realize that they can’t afford to do it unless they sell all of her stuff and her house. That’s the point when Phillip steps in. He buys grandma’s house as-is and flips it. Every time you see a crane go up to build a 280-bed senior living facility, you should also be seeing the hundreds of homes those seniors need to sell so that t