Maintenance should be at an absolute minimum.
Your buildings, with no negative cash flow, can be entirely paid off in 10 to 15 years. Even better, by using a 1031 Tax Deferred Exchange to convert your current high maintenance and management intense rental property into a triple net, double digit, hassle free return. For example, if our income from the lease is $7,000.00 p s $7,000.00 per month and we spend $1,000.00 (o d $1,000.00 (or less) on monthly expenses we have $72,000.00 of net cash flow. If the set up cost for the building was $720,000.00 t s $720,000.00 then we are generating a 10% c g a 10% cash on cash return. Obviously the numbers will be different on every building but you can see the general idea in the above example. I asked a Professional Bond Broker if he could get 10% f et 10% for his clients? He said "No way, not even in Junk Bonds!"
What is Residential Elderly Care?
Right now, there are 77,000,000 b e 77,000,000 baby boomers… Everyday 10,000 t y 10,000 turn 70 years old…. 4,000 t …. 4,000 turn 85
The terms “residential elderly care,” "residential care homes," "adult family homes," "board and care homes," and "personal care homes" are industry terms to describe certain communities and/or senior care facilities. These terms may or may not reflect official state requirements concerning licensing, level of care, and/or the services that are provided. When we set up a Residential Elderly Care Center the first thing that we do is to research the local community and secure our state or county
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