Business
Want to know how to make money with unlicensed group homes? On this podcast episode, Andrel Harris will explain step by step why unlicensed group home investing is a major play for passive income. Check it out! Timeline: 0:00 Intro 0:33 About Andrel Harris 1:05 How did you get started in real estate? 2:40 Is wholesaling your primary focus? 3:40 What are the benefits of passive income? 4:05 What type of mindset shift does it take to go from wholesaling into passive income streams? 6:00 What are some of the biggest obstacles investors will face? 7:15 How does unlicensed groups work? 8:55 Step by step process to getting started 10:25 NOTE: Mic goes out here so audio will change 10:38 How do you know what you can require per bed in your local market? 12:55 Are there any government programs that can help you get started? 13:20 Is it complicated to do? 14:42 What type of start up capital do you need? 15:24 Would you prefer to purchase or arbitrage the properties? 17:27 How to contact Andrel Harris 18:39 What are you currently reading? 20:01 Last words from Andrel Harris 21:01 How do you balance corporate America with your real estate business? 23:20 Closing comments