Obviously people are joining this group with the intention of learning more about the niche. That being said, the power of this is in COMMUNITY. I’ve already learned so much from connecting with other people in here already. Who here has access to private money lenders? I’m looking to scale (both behavioral health and regular residential) and bringing in equity partners who have access to capital is on the table. Also, if you’re really good at raising money, feel free to reach out to me. Happy to learn from the community as well.

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 💪

Below is a quick negotiation with an operator I had a week ago. I’m closing on this property 10/25/24. Purchase price: 400k Rehab 10k or so (almost turnkey. There’s a few things we’re doing to help him maximize bed count). $5,500 rent for 5 years. He handles all utilities and maintenance. He’s a great operator and pays his rent on time every month with our other property. So that makes 2 properties with this operator. Total purchase price for these 2 buildings: $685,000 Total rehab: 50k Combined rent: 11,500. All with no vacancy or maintenance. The deals are solid. However, it’s good for you all to see that we are more than a landlord. We make this VERY EASY for the operators. We take on a lot of risk upfront, in hopes they run a good house and we both win long term.