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Real Estate Goldmine (free)

Public • 114 • Free

3 contributions to Real Estate Goldmine (free)
Settlement Agreement
Attached below is the settlement agreement I entered in with a city in Nashua New Hampshire. Although I was issued a building permit in April, the neighbors complained and appealed it. From there, the ZBA wrongly discriminated against us and revoked our permit due a “zoning violation”. Although it took months and months to solve, they have signed a settlement offer and I’m being rewarded 40,000 dollars. I’m not profiting off this settlement. I’m posting this for multiple reasons: 1. Real estate is hard. This niche isn’t “easy”. Even when you do things the right way, circumstances can pop up. Life isn’t fair. Navigate and move on. 2. I’m proving that you can win these battles. Fair housing is a real thing and it’s powerful. 3. When problems arise, consult attorneys immediately. It’s easier that way and you’re taken more seriously. You’ll save money in the long run. 4. This is a single family home in a tight knit community. The house is great, however, there were signs this could be an issue (homes very close together, quiet neighborhood with no traffic other than neighbors). I suppose I’ve learned to be more thoughtful about placement. 5. I paid for all of this. It sucked. We’re getting our money back and I’ve earned the trust and respect of the operator and many other operators. I easily could’ve just sold the asset and moved on. I made a promise to make it happen so I’m doing it. I’m not saying you should be emotional and run a business with no thought process or plan. However, we navigated through this professionally and further earned respect in the recovery community.
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New comment 17h ago
2 likes • 18h
@Dan Murphy Really interesting to see how you handled this, and refreshing to see a mentor share the struggles and not pretend it’s all sunshine and rainbows!
Neighborhoods
I’m curious about whether you tend to have a lot of your sober living houses in rougher neighborhoods. It seems like there may be more need in these places, but is it then harder to attract people for the operator?
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New comment 21h ago
Introduce Yourself! (Start Here 🔥)
Hi! Welcome to Real Estate Goldmine. This community helps investors of all skill levels get the tools and resources needed to invest in the highly lucrative niche of behavioral health real estate. Step 1: Introduce yourself below! (✂️ copy/paste template 👇) Where are you from? What are you currently working on? What immediate help do you need? Step 2: Check out our classrooms https://www.skool.com/realestategoldmine/classroom/1db5689d ———————— Best practices in this community: 1. Level up by posting insights and thoughtful comments 2. Help others level up by liking 👍 good posts and comments. 3. Be kind 4. If you need help, just ask the community 💪
Poll
18 members have voted
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New comment 19h ago
2 likes • 1d
Hey I’m Amy! I’ve been doing long term rental and Airbnb investing for the past 2 years and am not thrilled with either. I’m a psychiatrist and have always seen need for sober living and board and care facilities, so feel like the opportunity to learn how to get into this space from someone who is excelling is perfect for me!
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Amy Appleby
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15points to level up
@amy-appleby-6266
Psychiatrist and real estate investor in southern California

Active 6h ago
Joined Oct 14, 2024
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