Mo' Money Rental Hacks: Group homes, Mid-Term Rentals & Senior Living Profits!

https://is1-ssl.mzstatic.com/image/thumb/Podcasts116/v4/b8/57/bb/b857bbd1-c310-6ac7-30b4-9695b19777e9/mza_13534139280560215612.jpeg/600x600bb.jpg

Share The Wealth Show

Nicole P.

242 episodes

17 hours ago

Do you believe that life should be more than mediocre? Well, so does Nicole Pendergrass, the host of The Share The Wealth Show, a married mom of two toddlers, who decided to break through the stereotypical mold and build a better life for her family. As an active multifamily investor, her network has made her privy to conversations and information that the masses don’t get to witness. She’s also realized she’s only just scratched the surface. Join Nicole on her investigative journey to unearth and share secret strategies of the wealthy, so that you too can have the tools needed to build an abundant life and create a legacy of generational wealth. Her mission is to help other minorities break free of the golden handcuffs and make the transition from just surviving to thriving.

Investing

Business

RSS

All content for Share The Wealth Show is the property of Nicole P. and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business

https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/39769049/5e135b81b4368d75.jpeg

Mo' Money Rental Hacks: Group homes, Mid-Term Rentals & Senior Living Profits!

Share The Wealth Show

42 minutes 33 seconds

3 months ago

Mo' Money Rental Hacks: Group homes, Mid-Term Rentals & Senior Living Profits!

Ep129 - Are rental properties just about collecting rent from tenants? Think again.

In this powerful episode of The Share the Wealth Show, we're diving into alternative rental strategies that go far beyond the traditional landlord model. From mid-term room rental empires to group homes, senior living businesses, and even Medicaid-backed motels—these creative approaches are not only highly profitable but also deeply purpose-driven.

💡 What You’ll Discover in This Episode: 🏠 How to cash flow with transitional housing, assisted living, and more 🔑 Real-world tips to finance creatively, even in tough markets ⚙️ How to pivot when regulations change—and turn barriers into opportunities 🌱 Why impact-driven rentals are thriving in today’s economy 💬 Investor insights you won’t hear anywhere else

If you’re ready to diversify your real estate game, unlock recession-resistant income, and build wealth with purpose—this mashup episode is your blueprint.

Tune in now! 🚀

________________________________

Interested in investing in small multifamily?

Learn more about The Microfamily Mavericks mentorship program here:

https://www.microfamilymavericks.com/...

Check out our podcast website!

Thesharethewealthshow.com

Want to leave feedback or suggestions on our show?

Take our survey: https://s.surveyplanet.com/c1xu5qdv

________________________________

Here are some of the key questions answered in this episode:

Alternative Rental Strategies

Ep 72, 73 - Senior Living w/ Carlene Cadet Francios

CARLINE

[ 2:16 - 2:53 ] How did you go from the idea of senior housing to actually launching your first ALF?

[2:54 - 6:00] What exactly is a residential assisted living home and how does it operate and who is the ideal resident for a ALF home?

[6:01 - 8:07]- What’s the typical monthly income per room in ALF, and what key expenses should operators plan for?”

Ep 84, 85 - STR w/ Brianna Mulzac and Tyrell Taylor

[9:50 - 12:59] How do you successfully navigate converting a traditional rental into an Airbnb or short-term rental?

[12:00 - 18:09] How can an operator ensure they have full control in a master lease agreement so they don’t lose money because of an owner’s poor decisions?

[18:10 - 21:19] If local laws suddenly ban a rental model, how should an investor pivot their strategy or market to keep growing?

Ep 86, 87 - Mental Wellness housing w/ Standice Rumph

[21:53 - 24:09 ] How was a micro motel purchased using seller financing, and what lessons came from negotiating the down payment, interest rate, and extension terms?

[24:10 - 26:54 ] How can a small motel be turned into transitional housing that generates cash flow through Medicaid payments and housing vouchers?

[26:55 - 29:51 ] What issues can come up when rehabbing an older motel with a tight budget and how do unreliable contractors affect timelines?

Ep 102, 103 - Group Homes w/ Donnise Webb

[29:52 - 32:45] What are the key factors you consider when choosing a neighborhood for a group home or transitional housing investment?

[32:46 -35:48 ] Why invest in tax deed lots, and how can vacant land be turned into new rental income streams?

[35:49 - 39:25] How did you acquire a rental property without needing a new mortgage and how did setting it up as room rentals help maximize the cashflow?

Connect with Standice!

You can find her on

Instagram: https://www.instagram.com/stanlpc_re/?hl=en

Connect with Donnise Webb!

You can find her on

Instagram:https://www.instagram.com/donnisewebb/

Connect with Brianna and Tyrell!

Brianna

LinkedIn https://www.linkedin.com/in/briana-taylor-mulzac-72094aaa/

Tyrell

LinkedIn https://www.linkedin.com/in/tyrell-taylor/

Connect with Carline!