Listen "Apartment Syndication Made Easy | 5 Transforming Senior Living with Thomas Goodge"
Episode Synopsis
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube: https://youtu.be/oqeU5btGlYI Spotify: spoti.fi/423B4fz iTunes: https://apple.co/3H9XKBo —— 🔗 Connect, Invest & Learn with Vinney: https://linktr.ee/VinneySmileChopra 📚 FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ 👉🏻 Come Learn FREE from Vinney: https://www.eventbrite.com/cc/free-online-masterclasses-taught-by-vinney-chopra-3926463 —— [00:01:00] Background on property search [00:03:00] Property foreclosure history [00:05:00] Facility and mansion description [00:08:00] Vinney's recent acquisitions [00:15:00] Potential financing structure [00:19:00] Renovation and upgrade plans [00:24:00] Financial projections review [00:31:00] Licensing and health authority considerations [00:37:00] Marketing and management strategies [00:46:00] Vinney's Phoenix properties showcase [00:54:00] Invitation to present at mastermind class ---- Join us as we sit down with Thomas Goodge, an innovative real estate investor and entrepreneur making waves in the senior living industry. In this eye-opening episode, Thomas shares his journey of acquiring a 68-unit former assisted living facility in New Castle, Pennsylvania, and his plans to transform it into a thriving senior community. From market research to financial analysis, Thomas offers a comprehensive look at the due diligence process in senior living investments. Thomas dives deep into the intricacies of his $1.1 million deal, discussing: 👉🏻The potential of the 68-unit main building and the adjacent 8,800 square foot mansion 👉🏻His strategies for renovating and optimizing operations 👉🏻 The importance of thorough market research and financial analysis 👉🏻 His approach to securing financing and additional funding for renovations Whether you're a seasoned real estate investor or just starting out, this episode is packed with valuable insights. Learn how Thomas plans to create a high-quality living environment for seniors while generating impressive returns for investors. Tune in to discover how you can apply these strategies to your own real estate ventures and make a positive impact in the senior living sector.
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