01/30/2025 1:02pm

Personal Update: We're Building a 10,000 Sq Foot Memory Care Mansion | Ep 74

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Today I'm joined by my wife Andrea to discuss our exciting new venture into residential assisted living. We shares our journey from single-family rentals to developing a 16-bedroom luxury memory...

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In this episode

Exciting New Venture: Residential Assisted Living

Today, I’m joined by my wife Andrea to discuss our exciting new venture into residential assisted living. We share our journey from single-family rentals to developing a 16-bedroom luxury memory care home, explaining our motivations, challenges, and vision for elevating senior care.

We dive into the complexities of:

  • 🏠 Land acquisition
  • 🛠️ Construction planning
  • 💰 Financing for the project in Tomball, Texas

This episode offers valuable insights for real estate investors looking to expand into the growing assisted living market, as well as anyone interested in the intersection of profitable real estate ventures and meaningful societal impact.


Connect with Andrea:

0:00
welcome to a very special episode of the hybrid real estate professional podcast the show where we help you launch and scale your own real estate portfolio
0:07
without compromising what matters most to you in your life I’m your host Aon Amin speaking of what matters most today
0:13
I’m honored to host for the very first time my beautiful wife Andrea on the podcast we have an exciting update to
0:18
share about an evolution of our family’s vision for those who don’t know our story we scaled a portfolio of eight
0:24
modal properties in three years across three states all while having three kids in under three years it’s a lot of
0:30
Threes I know we built this portfolio with teams and systems in place that allowed us to manage it in only 20
0:35
minutes per day this allowed us to keep our jobs the exception of some time off when our kids were born to this day I
0:41
still work full-time while we continue to pursue our ultimate goal of Financial Freedom through real estate as the
0:46
common saying goes what got you here won’t always get you there we’re going to dive into a huge strategic shift that
0:53
we made in our investing Journey towards residential Assisted Living including why we believe this is the perfect
0:59
intersection meaningful impact to society and financial [Music]
1:08
opportunity Andrea honey welcome to the show how are you you good I’m excited to
1:14
be here and this is fun awesome I’m I’m so happy to have you on the show I’ve run this for 16 months and this is the
1:20
first time but um I know I’m meeting podcast Persona I’m loving it you always
1:26
hear me recording the other room but now now you’re on the show but so so let’s start by kind of explaining the project
1:31
and I would love to kick that over to you to just um you know give a little overview of kind of what we’re doing now
1:37
and you get as detailed as you want yeah so an overview of the project we are
1:43
embarking on this journey to open and operate not only open and operate build
1:50
from the ground up uh open and operate assisted living homes that also offer
1:55
memory care and um these will not be your standard residential assisted living homes we’re hoping to really
2:02
Elevate the industry of assisted living and memory care so we want to offer the
2:08
same type of luxury amenities that you’d find at a really nice larger facility but with the really attentive care and
2:16
individualized care plans that can be offered at a smaller home so we’re really hoping to bridge the best of both
2:23
of those worlds and really be able to serve the surrounding Community because as everyone knows there’s so many more
2:29
seniors every year that need care and we’re really coming into a time where our population’s aging pretty rapidly um
2:36
so this is really needed so I hope that we can contribute and help uh the seniors that need it 100% And so I think
2:45
one of the questions I’ve gotten quite a few times since I started posting about our Evolution into residential assisted
2:50
living is why why are we making a pivot what is so meaningful about this that
2:56
you know brought us in this direction out of our kind of standard single family Buy and Hold You know which I’m
3:02
still not off of by the way for those who are listening I still believe firmly that’s the best entry point into real
3:07
estate but can you just give a little background on why this is so meaningful for us and our family yes part of it is
3:13
what you were just talking about our experience in real estate um mostly our passion for this is coming from our own
3:20
personal experiences with loved ones that we had to put in larger nursing homes um so my father who had early
3:27
onset dementia he was in a nursing home for about 7 years before he passed away and it was so upsetting to us to go and
3:35
visit him and see the type of care that he was getting and feeling like kind of our hands were tied but like there
3:41
wasn’t really any other options so my grandma my grandfather your grandmother
3:47
um coming from that personal experience I think is what gave us the um inspiration to not only invest in these
3:55
as a more passive investor like we have been but to really um go all in and
4:01
build a purpose building that we then operate um to the best of our ability so we know that the care is the highest
4:07
quality and that it’s really operating the way that we would want to because we do have those two homes that we don’t
4:14
operate and I think you know we sometimes want to be in control of certain things yeah just to give a
4:21
little context on that so we do own two properties their single family homes in Las Vegas they were actually rental
4:28
number two and three that we ever bought back in 2019 and we lease those to an operator who provides assisted living
4:35
for adults with developmental disabilities so that was the first time we were exposed to this model where hey
4:41
there are these small residential homes where people provide service in a homelike environment instead of a
4:46
facility so I think we we kind of locked into those to be honest I I’ve told stories in the past about how our agent
4:53
in Las Vegas brought those deals to us and they were already occupied and running that way so we knew that was
4:58
possible but we never we kind of tabled the idea and we couldn’t figure out how to break into that space it just never
5:04
really crossed our mind until this past summer there’s a mastermind group that I’m in and a new member had joined and
5:12
mentioned he did an episode on on the podcast that where he shared about residential assisted living and all the
5:18
different opportunities that are uh behind that and when I say opportunity there’s there’s business opportunity but
5:24
there’s also the unmet need that Society has for this service right so we started
5:30
learning more and more about the demographic shifts the Aging population there’s a supply and demand mismatch
5:36
today in 2025 and that’s projected to get much much worse over the next 10 to
5:41
15 years so there’s kind of this societal impact com combined with the fact that you know each one of these
5:47
homes is also a good business opportunity so I think that’s what what you were kind of alluding to with those
5:53
two two homes that they piqued our interest but we didn’t qu quite know how to connect the dots and then some of
5:58
those personal experience experiences from our family and our past kind of led us in this direction so can we explain I
6:06
guess a little more about what the actual project is so we I’m wearing my hat for anyone watching this video uh
6:11
Mansion Builders so we’re we’re part of a network that are all embarking on the same project but I’d love for you to
6:16
just kind of outline you know what it is what’s a Memory Care Mansion well we are
6:22
strategic partners of Brett and Laura shot CIS who are located in Georgetown
6:27
and they are already operating uh a home that provides amazing top-notch care and
6:35
a beautiful home aesthetically um and they have a private Chef a salon um so
6:42
they really have this model that we want to follow and they have a group Mansion Builders of strategic Partners like us
6:49
that want to partner with them and they provide us with resources
6:55
education um support referrals to like marketing services and basically
7:03
everything you need to know to build and operate these homes successfully like
7:10
they do and so that’s the Mansion Builders Group and so we join them and
7:15
that’s the model that we’re following yeah so the the product if you will the piece of real estate is a 10,000 square
7:22
foot uh 16 bedrooms 16 private bathroom each one has a bath a toilet and a
7:28
shower which is uncom common in residential Assisted Living nice high ceilings you know you and I have both at
7:34
different times gone through and walked through their Mansions while they’re being constructed so we’ve seen this thing in real life it’s a absolutely
7:40
gorgeous building you know they they take care of all the environment outside too they’re putting in Nice Landscaping
7:45
Gardens really trying to create a homelike environment that stands out far and above some of the other um you know
7:52
older homes that maybe have been converted or they they’ve been kind of retrofitted uh to fit a certain purpose
8:00
versus constructed from the ground up one of the ways I like to explain is like we we’re controlling all the variables here so instead of trying to
8:06
force something into an existing home we’re building it from the ground up so that we can have every detail exactly
8:12
how we would want it if we were putting our family member in there but so if we outline kind of the project plan I think
8:19
you mentioned it there’s there’s you know finding the land there’s the actual construction itself and all the due
8:25
diligence that happens in that phase that in and of itself is an enormous project and a completely different set
8:31
of skills than anything we had in the past yeah one of the things that I’ve been so uh impressed by you know we kind
8:38
of divided and conquered and and chose different parts of this business plan to attack but you have dove in head first
8:44
into this kind of development world where we had no prior experience can you explain just some of the stuff that
8:50
you’ve been working on and maybe some of the stuff you learned um well yeah step one with land acquisition and uh well
8:57
starting actually with kind of market research search and determining optimal location um for this type of business
9:04
right um and that was pretty new to me as well um just starting literally with the census website and looking at
9:11
demographic that and then diving in deeper to uh researching the different
9:17
assisted living homes that are in that area what are they providing um what the population like what does it need and
9:24
then looking for land thinking about things like where are you getting your
9:29
utilities from well what if the loans the land is Zed for is it owned for your purposes would you have to reone it
9:36
utilities any sort of other site work that you need to do to make it feasible sourcing like bids from Builders calling
9:43
cons uh the the electric company to see where you’re going to get electricity from there’s just a lot of steps
9:50
involved basically every step you just mentioned is not part of a standard single family rental property
9:56
transaction which is the world we came from so these are all new motions and you had to go out and I’ve seen it from
10:01
where I sit right you’re on the phone with people at the city you’re talking to utility companies you know the piece
10:07
of land that we’re under contract on which we’re about to share a little more about you know there’s some intricacies with it where there’s some like
10:13
pipelines that we have to work around there’s a lot of um you know you’re taking a raw piece of land and you’re
10:19
developing it and turning it into something so it is literally making something out of nothing and um it’s a
10:26
whole new skill set and it’s a really exciting thing and I think we’re both having a lot of fun with it but um yeah
10:32
why don’t we talk a little bit about the land so part of the reason we chose to record this episode today is that
10:37
yesterday we went under contract on a s acre plot of land in Tomball Texas uh we
10:44
live in Houston if I didn’t already mention that and this is a suburb of Houston about 17 miles from where we
10:51
live uh but why don’t we tell them a little bit about that land and how you found it and kind of why we’re so happy
10:57
to at least be this far along with land yes so uh this location is in tomble
11:04
right outside of their Medical District so they have a hospital and multiple nursing homes in that location and a lot
11:11
of different medical offices that um folks would need um especially as you age oncology um Podiatry that sort of
11:19
thing anything in that Medical District um folks can go to that location and get
11:25
it there so um and tombal is a city that
11:32
has a sort of older population it seems like folks like to retire there it’s a
11:38
really nice small town feel area um they have a really cute downtown area so it’s
11:44
just a really nice town to spend time in and so this land that we found it’s a
11:51
little bit over seven acres so you can build multiple homes and have them sort
11:58
of sit on their own large Lots um so it feels like an upscale residential
12:04
neighborhood more than a facility right and it’s also uh right on the edge of
12:12
the residential district in Tomball yeah I think a lot of the suburbs in Houston are these planned communities or kind of
12:18
cookie cutter style I mean we live in a neighborhood that’s kind of like that and Tomball has this feel it’s still
12:24
really close to Houston it’s only like 20 30 minutes from downtown depending on when you go but it has this kind of
12:30
small town feel I feel like a lot of people are born and raised there and even some choose not to leave because
12:36
it’s just a nice area within an otherwise really really giant Metro that is Houston and I feel like um sometimes
12:43
I know we’ve experienced this and in where we live it’s like you feel a little Anonymous when it’s such a big city and there’s all this kind of
12:50
expansive development but Tomball still preserves some of that kind of family oriented like Mom and Pop vibe that I
12:57
think really Drew us to that area combined with the demographics that you mentioned um you know so some of the
13:03
stuff Andrea mentioned we work we’re working with mentors and partners Brett
13:08
and Laura Shak cavis so they provided us a lot of details on hey here are the types of demographics that would support
13:14
this type of home so you know you look at median income you look at age you look at a few other you know kind of
13:21
common slices of of information and you try and pick the right plot it’s funny we’re recording this now when we’re
13:26
under contract because there was probably a month and a half where you were driving all over the place you know
13:32
you’re looking at different areas and it’s it can get frustrating and it’s really hard to stay patient because the
13:38
amount of due diligence that it goes just to even see if a plot of land is viable is a lot this isn’t some five
13:45
minute back of the napkin thing it’s uh you know you have to actually make some calls and look at flood plane maps and
13:52
understand you know like a a number of different factors to see if it’s even worth making a call on and so I think
13:58
that’s where some of the growing pains for us have been we’re grateful to be this far on this plot of land but
14:03
there’s no guarantee that we’ll even make it to the Finish Line right it’s all there’s still a lot a lot of work left to go so you explained some of the
14:10
Motions before going under contract what is kind of the next phase of this project so uh we need to submit our
14:17
rezoning application because this land does need to be rezoned we’ve already had discussions with the city about that
14:23
um that they would be supportive about it but we need to go through all those motions um and it’s not for sure yet and
14:29
then well we’re in the process of getting bids from multiple construction companies all of those are design build
14:36
companies so we’re not going separately to any Architects or Engineers yet we’ll
14:41
just kind of see what things look like if we have to do that we need to figure out site where we need to figure out
14:47
information about these pipelines that are on the land and see what we have to do about those like move them or take
14:54
them out so the construction phase kind of includes a lot of really like getting down there and you have to map
14:59
everything out on a site plan you have to work around these gas pipelines like you’re mentioning you have to figure out
15:04
where the roads and access points are going to go you have to accommodate in a way that is you know compliant with the
15:10
fire department regulations you know there’s just so many moving pieces this is why sorry we’re gonna have to meet
15:17
with all the different Departments of the city to go over our plan once we do have the construction bid and they have
15:23
to approve it to give us permits them actually develop yep and this is before ever even
15:30
really breaking ground and um you know so it just kind kind of goes to show you know how much goes into this and how
15:37
these different phases of this project come with completely different challenges so I think any so then after
15:43
we get approval for permits and all of that then we have an appraisal to see if
15:48
we get the financing yeah so the financing is an interesting thing and I won’t go too
15:53
deep into it but essentially we’re going to use a SBA loan so it’s not a real estate construction loan it’s a small
16:00
business administration loan because ultimately we’re starting a small business but there’s a loan called the
16:06
sba7a that can Finance the construction the um actual real estate itself
16:11
including the land all the startup costs for the business so they’ll even Advance you operating Capital so you can make
16:17
your first couple hires and and put marketing out there uh all wrapped into one loan product and they will even lend
16:26
potentially up to 85% of the total project cost which is incredible because these this project based on the building
16:32
we’re trying to build depending on the price of the land could be anywhere between three and5 million for a single
16:38
home so you know those aren’t those are difficult loans to go get through any
16:43
other means but the lender we’re working with specializes in securing SBA Loans
16:50
specifically for residential Assisted Living so we’ve been having ongoing conversations with them sharing our
16:56
business plan sharing our vision and kind of keeping them in the loop all along the way and it’s been an evolving
17:01
conversation very different than again like a traditional conventional loan
17:06
where you kind of you have a few conversations back and forth you send some files you know they fund the loan
17:12
and then you never hear from them again this is going to be an ongoing relationship uh you know once the loan
17:17
funds that’s kind of the beginning of the journey not the not the end so that’s been an interesting thing and
17:22
that’s kind of more my my domain so I think the way we’ve kind of split it is that you’re going to be really deep in
17:28
the construction due diligence and a lot of the on the ground stuff I’m doing a lot more like um the business plan and
17:34
backend Financial Planning and when we’re up and running I’ll do business operations um and you’re going to do
17:40
more of the you know Home Care culture people hiring um and the actual what is
17:48
the environment that we want to build based on the vision that you have you know that you talked about earlier so we
17:53
have these Lanes carved out it’s going to be really interesting over time to see how they evolve and if we can can
17:58
stick to them but you know we do have a great support network behind us as well so I think you know doubling back to one
18:06
of the questions at the top here right it’s like we’ve already in in less than 20 minutes described a boatload of work
18:12
that’s going to take at least 12 months if not longer just to get through the construction phase I keep getting asked
18:18
the question why are you so willing to take this on so much work you have young
18:24
kids you know um it’s a it’s a really really big project
18:29
and you were doing well with single family homes you already know that skill you already built that skill you already
18:34
have it so why would you do something that takes so much more effort I’m curious to get kind of your your thoughts on that and then I’ll share
18:41
mine because immediately I’m like well what’s your thought on that or No I um
18:47
well I know my answer to this our goals for our family um I just think and at
18:54
the pace at which we want to achieve them single family resident Central Real
18:59
Estate was a great like base for us to start at but it’s not going to get us to
19:05
where we ultimately do want to go I think that single family residential
19:11
Investments are a great way to like get started and investing and if it’s
19:17
someone’s plan to continue that journey and get more into that game then I think
19:23
that there’s a lot of other um investment classes that you could do
19:28
better in right and so we started out like just not really knowing much right
19:35
like we had family mentoring us and we were kind of like learning as we go um and now with what we know and what we’ve
19:42
learned I feel prepared to take something like this on and you know
19:47
right now yes we have three kids under three so it sounds crazy that we’re doing this
19:53
but on the flip side of that the fact that we had three kids in 25 months
20:01
and you know we’re doing this it actually gives me more confidence uh as a person to be able to take on bigger
20:08
projects actually um and like being a mom the last three years makes me feel a lot more confident and capable not only
20:16
does this project help us get our family where we want to be and give us Financial Freedom and the time that we
20:23
want to spend with our family and be able to travel and give our kids the things that they want and give them the
20:28
life that we want but it’s also doing good for the community and giving a
20:34
service that is very much needed and we plan to be good at what we do and really provide excellent care and so we’re also
20:42
doing good and so being able to do both those things together gives me that
20:47
motivation and drive to to really do it and knock it out of the park it’s it’s become a passion project for me for sure
20:55
and I really do love it and now I can’t really imagine doing something else no I
21:00
love that I’m glad you answered first but my answer is pretty similar right it’s a lot has changed for us in a very
21:06
short amount of time our financial profile has changed very quickly along with the three beautiful children we
21:11
welcomed into this world we used to be dual income no kids and then we’ve had shifting you know Rising expenses and
21:18
then we’ve had time off and um you know part of this big bet was that you know there was a a fork in the road where we
21:24
were deciding you know should you go back and pursue a full-time job and jump back into a traditional career ladder or
21:31
can we find a way to put the pieces together with the skills we’ve gained and the knowledge we’ve gained and some of this new insight and communities were
21:37
part of and and we we kind of discovered this opportunity once we started looking into it and like you said it started
21:43
resonating with you in a way that that really lit you up you’re passionate about it so there’s you being passionate
21:49
about it and of course me as well there’s the impact that it has on the community and society around you and
21:55
then of course the financial underlying opportunity is much more accelerated
22:00
than if you were to buy single family homes one at a time over a long period of time and I think it’s just it’s more
22:07
of a statement about the path we’re choosing to take than it is a statement about whether buying you know slow and
22:13
steady single family R state is a successful strategy because I truly truly believe that it is and especially
22:19
if you’re dual income and you want to do W2 that’s literally the point of this podcast is typically how to tell people
22:26
how to kind of start that slow and steady snowball down the hill um so this is more of an evolution of our personal
22:32
Journey than it is any type of uh referendum on single family real estate so I just wanted to clarify that yeah
22:39
family real estate is amazing and I know that some people stick to that and
22:44
that’s great it helps them make you know achieve their goals um I really like it
22:50
I do enjoy doing it and managing those properties too there’s a lot of things I do love about it and I think it’s yeah I
22:56
think it’s a great Avenue to making a lot of money in investing for your family yeah and what another interesting
23:03
thing we can get into a little bit of the more tactical and even some of the financial uh components of this decision
23:09
we’ve made but having the base of assets that we built up serves us well when we
23:14
go to try and qualify ourselves for a multi-million dollar loan and the cash
23:19
flow that we’ve built in our real estate portfolio helps us you know qualify for additional lending power it also helps
23:27
sustain us so when you choose to step back from full-time work we have an additional stream of cash flow that can
23:32
at least back stop us partially right so we’ve had to kind of engineer this 24 to
23:38
36 month financial plan for our family so the previous 25 months to to three
23:44
years we’ve been adapting to our new life having children and what that has done you know not only for our finances
23:51
but for our lifestyle and our health and like just all this adaptation that we’ve had to do and then we’ve also had to to
23:58
create this financial plan where we basically have to take the pieces that we have whether it’s my job your job the
24:05
real estate what we could do with real estate what we plan to do with this new
24:10
uh project and piece it all together and create a runway for ourselves so we have different you know I do my coaching
24:16
you’re getting your real estate license we have a lot of different kind of irons in the fire and different ways we can generate income but it’s this very
24:23
intricate long-term planning that’s very different than anything we’ve ever had to do in the past but so far you know
24:30
this project is a is a Lynch pin in that plan it’s one of the only projects that we could find that had the potential the
24:37
income potential to replace your you know career uh earnings from your prior
24:44
job in one go uh you know there’s very few projects that can have that capacity
24:49
uh combined with all the other pieces we’re putting together so I think you know I don’t want to focus too much on
24:56
the financial part because I I think that Drew us to this was less the financial uh and more of the passion and
25:03
the impact but of course like it’s the combination of all three of those that make this project what feels like the
25:08
perfect thing for our family in this moment and Beyond and um you know the last piece I’ll just share out you know
25:15
kind of my thoughts on why it’s the perfect project for us is it resonates with everyone I have never in my life
25:20
realized until now that this senior care and Memory Care in particular every
25:27
person that I’ve mentioned as project to it hits them home you know close to home in one way or another either their
25:32
parent or their grandparent or their aunt or their Uncle like everyone has a connection to this and just about
25:38
everyone unfortunately has a you know less than Stellar experience there are exceptions to that rule but for the most
25:45
part when I hear people talk about end of life care and memory care it’s not in a good light and so I think you know us
25:51
being able to try and be part of the solution for that problem it means a lot to both of us and that’s what’s going to
25:57
you know help us power through all these really complex Milestones that and and a lot of stress that this Project’s going
26:03
to bring on our family but I don’t if you have cared to add anything to that well I would just say like I think of it
26:11
as we would not have decided to do this unless it did have that um that personal
26:20
aspect that we relate to and we like identify with because you know a the
26:26
biggest motivation for this is making sure that other people don’t really have to don’t have to go through what we have
26:33
gone through with family members in nursing homes and the way that the
26:39
project came about was during a time when I was looking at options of what I
26:46
wanted to do in terms of either going back to a W2 or what else was I going to
26:52
do and the timing was kind of just right where I think you brought up you had
26:58
found ra room like over the summer or something and originally we were
27:04
thinking to invest in this different asset class and we were just going to invest as passive
27:10
investors and but once you brought it up and since we had this personal
27:15
connection to the mission then we started opening ourselves up to the idea of well rather
27:22
than just be passive investors why not be operators as well yeah I mean the theme of this
27:29
episode is the evolution of our vision like you said even as recently as last July when I so quick shout out to the r
27:36
room the r room is the residential Assisted Living Mastermind group uh that’s the one I mentioned earlier but
27:42
it’s you know it’s a growing group of people who are very specifically focused on entering into residential assisted
27:48
living whether they want to buy a building and lease it to an operator like those two homes we have in Vegas
27:53
whether they want to buy an existing business and operate it themselves or whether they want to do a groundup construction
27:58
like what we’re doing you know the the room is meant to kind of help people discover the right strategy within
28:04
residential assisted living for what they want to do so as you mentioned when we joined we thought we were just going
28:09
to kind of figure out a way to copy you know paste what we did in Vegas six years ago exactly but that Evol once the
28:16
more we learned about it and the more you I think in particular really started lighting up about this idea of the impact it could have our vision evolved
28:24
very quickly toward this idea of like hey why don’t we just you know shoot our
28:30
shot we’re in our mid-30s we got the young kids yes we don’t want to take on too much undue risk but what we did is
28:35
we insulated ourselves we have mentors who have done this exact project and they have a team of people who Focus
28:41
each one is focused on a specific domain of this project every and they’ll be there to hold your hand every step of the way we have the r room Mastermind
28:48
which is a ton of other people that are you know on a similar journey and we have a pod you know that we meet with
28:54
every week where all the people in that pod are focused on ground up development I’m in multiple other masterminds and
28:59
real estate communities you and I have both leaned in and kind of built momentum to bring us to this point to
29:05
where we’re confident doing this this isn’t just some overnight thing where we decided hey let’s go buy land and build
29:10
a mansion this is a very very intentional thing where we surrounded ourselves with the right tools and
29:15
people in order to have the courage to take this project on so I mean it’s no
29:21
doubt going to be a wild ride even just this week we won’t litigate this week on the episode but like from Monday to
29:29
Saturday we’ve experienced some of the highest ups and lowest lows of this project just in the last five days but
29:37
you know we accept that as that volatility as part of the ride it’s kind of like the stock market once you invest it’s never going to be a straight line
29:43
path up there’s always going to be dips and and you know speed bumps but um you know the end result is totally worth the
29:50
squeeze at least that’s how I feel about this project and you know I just have to say too I’ve said this to you in private
29:55
but I I want to say it on camera it’s like for me probably the most gratifying part of this is seeing how passionate
30:02
you are about it and how this really ignites a a strong sense of purpose for you and how I can see how that
30:09
translates in your head to not only impact for the community but impact for our family and I feel like
30:16
you I feel like I can absolutely see it in your eyes when we talk about this project that this is you know something
30:22
that you want to be doing and that to me means more than just about anything else you know and that we can be on this
30:28
journey together uh and share it with other people so that maybe if they’re considering something similar they might
30:33
you know reach out and um ask us some questions if they want to I mean that that’s about as much fun as as I could
30:39
possibly have doing anything in real estate or investing is when I’m doing it you know together with you thank you
30:45
thank you so much and yeah this has been amazing and doing it together has been amazing and I you know I’m realizing
30:51
it’s like right before our anniversary that we got under contract so that’s
30:57
really really cool too and and working with you has been really great so far and I know that we are learning how to
31:04
work together even better as time goes on and so I’m looking forward to continuing with KNL this with
31:11
you no doubt and you know just to be clear obviously like we’re we’re we’re
31:16
excited right now but there are plenty of moments that are you know difficult and um you know whether it’s learning
31:22
how to work together whether it’s getting bad news or a big bid that comes in higher than we thought or something
31:27
changes with the amount we can qualify for like we we’re navigating all this stuff in real time uh but it’s you know
31:33
the fact that we have each other the fact that we have all that support network you know we feel equipped to solve these problems together and at the
31:40
end of the day like if if all else fails we we still have our family we still have a lot to fall back on and um you
31:47
know we we have what we need to succeed it’s it’s just on us to kind of weather the storm and continue to grow together
31:53
but so I think this is a good place to kind of cap this episode uh I would love to do this again kind of as we reach
32:00
different Milestones throughout this project yeah because I get a lot of questions now that we’ve announced this project and you know at first we we got
32:07
our Loi accepted now we finally got it under contract now it’s like the beginning of the journey and there will
32:12
be so much more to share so um I will look forward to having you on again soon
32:17
congrats on your your podcast debut uh hope hope I took it easy on you enough and um yeah if anybody wants to reach
32:24
out to you I always like to you know let people guests have the opportunity to share that if you’re comfortable with
32:31
that you know where can people find you or or at a minimum follow you if you want while you’re posting and sharing
32:36
your journey yes because I got back on social media specifically for this project you can follow me at Ral mama3
32:44
ra for residential assisted living at raal Mama 3 and I am trying to post
32:50
along the way and share like every detail of the journey that’s Mama M Ma
32:57
and uh we’ll we’ll post that along with um any other contact information in the
33:02
show notes of this episode if you’re listening on on the podcast feed just look in the show notes or on YouTube in
33:08
the description yes I love talking about this so anyone can hit me up about it thank you for having me this is really
33:14
fun of course I’ll see you in two minutes thank you for making it to the
33:20
end of today’s episode as you may know podcasts are very difficult to grow organically if you’re getting value from
33:26
today’s episode I’d deeply appreciate if you can take 30 seconds to leave my show a fstar rating and review this will go a
33:32
long way to helping me reach more listeners just like you thank you so much in advance

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