10X Your Cashflow: How to Start a Sober Living Home
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- Опубликовано: 1 июл 2024
- Book a call with us: soberlivingriches.com?
Follow us on Instagram: / theandrewlamb
Start a Sober Living Home, Make an Impact AND 10X Your Cashflow
Video Chapters:
00:00 Intro
00:39 Andrew's Background
10:50 Andrew's journey into real estate investing
17:25 How did Andrew discover Sober Living homes?
24:35 Andrew's READ Framework for filling up homes
25:46 Home setup
29:59 Do you need a license?
30:30 House Rules
34:48 People over profit. How to ensure you're successful with sober living homes
37:44 Sober living software and workflow
39:45 Andrew converted a traditional rental into sober living and more than 10X'd his cashflow
43:30 Wealth and Impact
47:40 Financing sober living homes
50:50 What is "delayed financing"?
53:00 Market Research keywords (Sober Living Riches does this for our students)
56:40 Sober Living Riches Coaching Program - learn more at soberlivingriches.com
57:44 Outro
Are you passionate about making a positive impact on people's lives while building a thriving business? In this video, Andrew Lamb shares his insights and strategies on how to create a successful and lucrative sober living home business.
Starting a sober living home is not only a rewarding endeavor, but also a tremendous opportunity to achieve time and financial freedom. Andrew Lamb, founder of SoberLivingRiches.com, has cracked the code to help you navigate the ins and outs of this specialized industry, allowing you to make a profound difference while generating massive cash flow.
In this in-depth video, Andrew walks you through the step-by-step process of launching and scaling your sober living home business. From finding the right properties to creating an effective operational system.
Don't miss out on this exclusive opportunity to learn from a seasoned expert who has achieved remarkable success in the sober living home industry. Andrew's proven strategies and insider knowledge will empower you to create a thriving business that positively impacts the lives of individuals in need of support and a safe environment.
If you're ready to embark on a transformative journey that combines purpose, profit, and community service, click the link below to access Andrew Lamb's comprehensive course, Sober Living Riches. This course is designed to equip you with the tools, resources, and guidance you need to start and scale your own successful sober living homes.
Don't wait another moment to turn your passion for helping others into a profitable business venture. Join the Sober Living Riches community today and discover the incredible possibilities that lie ahead!
🔗 Book a call with us: soberlivingriches.com/apply?u...
#soberlivingenviroment #soberliving #realestateinvesting #financialfreedom #makeadifference #communityimpact #impactinvesting #impactinvestment #entrepreneur #recoveryresidence #halfwayhouse
Hi lamb is there a call I could book? I’d love to talk more because I am in the Pittsburg Antioch Area and I’d very much need your help. Please
Absolutely! Book a call here - soberlivingriches.com
I tried booking a call but it didn't work
Looks like the link isn't working. @@andrewlamb
The application link? Should be working no problem - soberlivingriches.com/apply
❤ luv this.... Thank you for the information....
As a recovering addict, ICU RN, and as of 10 days now, a license Florida real estate agent, this was an Easy choice for me, starting a sober living home. Now that I got my license and have the time to get the ball rolling, I am starting my research on how to go about starting a home. I really appreciate your video!!! A sober living home saved my life (multiple times) and from someone who knows that value, truly knows, I thank you from the bottom of my heart bro….addiction has its stigma, and that’s ok, but it’s amazing to see and know there are people out there helping make a difference, one addict at a time! I’m in Tampa FL and have learned it’s not the easiest thing to do, launching a sober home, but see that it’s truly doable! Any advice would be much appreciated! Ps, Pace is a beast ✌🏾
Where you looking to open one in Florida? Are you interested in a partner
Hey Eric, I’m Chris, I’m a detox nurse in NY, I also do real estate, how has the journey been starting the sober living home?
Very informative video! I’m in the process of starting a sober living myself in Connecticut. Thank you for the information!
Closing on my first property on the 24th to utilize as a sober living house. I have a history of addiction and incarceration. This hits home for me and I’m excited. This is good info, thank you very much
Love that man. Congrats on making a choice to serve others!
@@andrewlambthank you man, I’d love to get in contact with you in the future as I move forward on this journey. I’ll have questions no doubt but you have shared a lot of good tips here and I appreciate it. I’ll be checking out all your videos the next week or so
If anyone in kentucky doing sober living hit me up
I just booked my call. Looking forward to Monday!!
Andrew! I am so grateful! God led me here this morning! I am purchasing a home specifically to be a sober living house, and I've been scouring YTU for how to start
.asking who not how and after 4 or 5 videos, this was everything i was wondering and looking for , thanks so much for the incredible info and great interviewer! Every question I had! Bravo! I'll be booking a call! Lets JV on a few? Ohio amd Kentucky to start. Thank you!
Thanks for watching! Looking forward to our call.
Well done Andrew, great video!
Thank you! Let me know if you have more questions.
Great conversation! See the Pace Morby hat in the background, love finding open minded realtors.
Thank you! And I love Pace, great guy and great community.
Fresh perspectives! Clarity 💯! Everything shared on the money, thank you
Thanks brotha!
Thank you so much for all this valuable information! I am so grateful that you put this out there for people that are trying but just don’t know who what when where to start. I’ve had a llc for my business for two years and didn’t know how to get off the ground 🙏🏽.
Hey, did you already set up a call? This is exactly what we help people do!
Hi Andrew, I have a 6bedroom 3 bath Home rennovated. WANTING to start a Sober Living home. Struggling with the rent portion and working with organizations.
Great video! Thank you for the tremendous value. moving up near your area soon, would love to connect ✌️
Love this content. I’m thinking of opening an sober house my self. Learned a lot. Love to see more
Definitely more coming soon!
Subscribed! Well explained! I’m looking into group homes in AR but I never considered the sober living niche until now. My biggest obstacle has been find landlords with reasonable rates, any tips?
How much does agency pay home Owner per bed ? If u don’t mind sharing please
Or
How much do you charge per bed ?
Thanks Andrew...
You're welcome!
This video provided great information. Thank you. I am in the process of doing the same thing. Please put both of y’all information in the description box so people know where to find y’all.
Thank you! Follow me on IG - instagram.com/theandrewlamb or email me at andrew @ soberlivingriches.com
Hello Andrew Great video I'm in San Diego County And you'd like to open a sober living and I own my own house but have no idea where to actually start I heard someone ask about a manual for procedures And policy I was wondering if that would help
42 YR OLD GANG BANGER IS CRAZY
You’d be surprised! So many people are still bout that life in their 40s and 50s. But they aren’t allowed to conduct that type of activity in our homes 😇
I’m trying to open up sober livings in my local market (San Diego)
Whether that be by taking control of homes via subject to or just using other peoples rentals.
Any advice? I would love to connect
lol how he says Vacaville lol Andrew I’m from Sacramento gonna be opening a sober living house
That’s great! Let me know if you need any help
Do you have to Re-Zone your Single Family Home with the city in order to start a Sober Living Home? Im in Florida
In my experience, you do not need to re-zone a single family home for sober living in 99% of cities and states.
There are 3 states that require a license, but no zoning changes. And there are a few cities with ordinances for sober living homes. Those ordinances are extremely rare, and likely violate the Fair Housing Act by requiring certain permits or documentation to prove the residents have certain disabilities (i.e. substance use disorder). That’s clearly discrimination, but no one has pushed back in those areas.
Ho. Im opening a sober home in Minneapolis. Where do you get the software for residents to sign? Also, is there an app? Congrats on your success! 😊
Thank you! There are some great apps for sober living. Are you looking for help in getting started?
Hi, new here. I would love to get into this industry.
Welcome!
Hello, where to I find policy and procedures manual for my Recovery Residence?
Do you have a recovery residence already? And if so, what area are you in?
Do you have to handle the property management or does the program take care of that
It’s really easy to handle management. Our residents do chores and take care of the property. We handle maintenance issues as they come up. I have a home warranty so we can just call one # and get anything replaced or repaired.
Do we need to own a home to get started in your program?
No you don’t. We have a lot of people join and then buy, which works great because we teach you how to find the best location.
We also have plenty of student who lease their first place.
Well explained, I own a three bedroom house, can I make 2 bedroom for that business? It’s in Arizona.
You can make any property work! Depending on where you are in AZ there may be some local requirements, but any residential property should be okay for the most part
Its Vacaville. Vacka-ville. Not vawkaville
🤣🤣🤣
Why Indianapolis?
We were looking to get a duplex as a short term rental. Decent area with a lot of business, sports, and medical travel that was also affordable. Unfortunately, it didn't work out as we couldn't get the property to appraise during purchase.
Do you have tv’s in each room?
We don’t, but I know some homes that do. We have WiFi so if they have a tablet that works, and a big tv in the living room. We want to foster community and not have everyone in their rooms staring at screens when they are home.
Hi Andrew. I am looking into purchasing homes for Sober living. Im still heavily researching this. I don't know if i want to manage them or if i just want to provide the home. Are property management companies that will handle the day to day of a sober living property? On average what do you pay a live in home manager? Thank you!
There are not any property management companies that I know of that understand sober living. We manage ourselves by having resident leaders and house managers.
Most living in managers just get free rent and some perks, but I have 2 paid staff now that float because we have so many locations.
Ok, that is good to know. I had heard about the free rent. I wasn't sure about any other pay. Thank you
Any specific software your using to manage intaking people to the homes, and just overall managing your company?
@@user-qx2se1ob2f In our community we cover EVERYTHING we use to run the business. A few different tools for call tracking, our security cameras, our keypads, and then our hippa compliant CRM that is specific to sober living. Apply and let's jump on a call to run through it all
How do you navigate unused beds?
We market to our list of referral sources quite often, so they rarely stay unused.
Set up a parent child structure.. with the bank as the in-between with the 1st child.. (property management) and the 1st child has offspring like a snow removal and lawn care. The lawn care has landscaping..
But the 1st child collects payments and pays the bank and the profits to the parent (your investment company) ((be the manager not ceo as title)) *its more player..
All properties are under your real estate company all separate llcs...
And etc....
#negusshit
I'll share a video on this soon. We go deep on corporate structure in my mentorship.
Great content, would love to have a convo
Hit me up! Access my calendar here soberlivingriches.com/apply
So are you utilizing the unlicensed model?
Yes, no license or certification needed.
Where can I get in contact with you Andrew
@@marcgenece956 DM on IG @theandrewlamb
are your houses self pay or does insurance cover clients stay? i am interested in opening a home here in ky, but i have no clue where to start.
We don’t charge insurance currently. We mostly work with local government programs. Only 5-10% of our residents are private pay.
Where in KY? I can help you find some good organizations and see if there are in local programs that help. It’s a pretty cool gig. Giving someone a place to stay can save their life - we’ve seen it.
@@andrewlambHi Andrew! I am in KY. I am a therapist and looking to open a sober living home. It would be great to learn more.
@@funfabfreedom4388 Definitely watch all of my content here on RUclips. When you're ready we can jump on a call to talk through next steps. You can lock in a time for the call here: soberlivingriches.com/apply
Hi sleetjordan im also in ky going to be opening up sober living if ya want to talk about it let me know
Are your leaders certified?
Yes, my house manager is an RADT pursuing her CADC now. It’s not a requirement, but I like my leaders to understand the journey of those that they oversee.
So how numbers look like?
10X traditional cashflow. I took one of my traditional rentals from $600/mo to $6000/mo with this model.
What’s the average cost per tenant?
@@1stmillionaireinmyfamily331 Really depends on what they pay in your area. However, I have found that you can get over $1000 per month in most areas by working with the local government.