"Group Home Expert: From $10K Savings to $1.3 Million a Year"
Автор: Millionaire Essentials
Загружено: 2025-10-13
Просмотров: 4676
FROM $10K SAVINGS TO $500K/YEAR WITH GROUP HOMES!
Lynette Wheaton (@grouphomefornewbies) reveals how she went from losing her job with $10K in savings to making over $500,000 annually with group homes + $360K from her home care agency! She houses formerly incarcerated individuals with guaranteed government income (SSI, SSDI, VA disability) and makes $6,400-$10,000 PER HOUSE. This is the affordable housing strategy that changed EVERYTHING!
💰 WHAT YOU'LL LEARN:
✅ How to make $6,400-$10,000/month from ONE 4-bedroom house
✅ Rental arbitrage: Start with $8K or less (no mortgage needed!)
✅ Why formerly incarcerated individuals = guaranteed income stream
✅ Room rental strategy: $800-$1,500 per person in shared rooms
✅ 3X your rent: Pay $2,200, make $10,000
✅ Unlicensed vs Licensed group homes (she makes MORE unlicensed!)
✅ Home care agency: Bill Medicaid $17.13/hr, pay caregivers $11/hr = $6.13/hr profit
✅ How she went from 640 to 800+ credit score
✅ New construction strategy to maximize equity
✅ 83,000-member community breakdown
JOIN HER FREE WEBINAR TO START AND SCALE YOUR NEXT GROUP HOME:
https://grouphomes.millionaireessenti...
CONNECT WITH LYNETTE WHEATON:
FREE Facebook: @grouphomefornewbies
Instagram/TikTok: @grouphomefornewbies
TIMESTAMPS:
0:00 - Introduction: Meet the Group Home Queen
4:20 - ORIGIN STORY: $10K to $500K Journey
8:45 - What Are Group Homes? Breaking Down the Model
13:30 - TARGET DEMOGRAPHIC: Formerly Incarcerated with Guaranteed Income
18:50 - Guaranteed Income Sources: SSI, SSDI, VA, Social Security
24:15 - THE NUMBERS: $6,400-$10,000 Per House Breakdown
29:40 - Why Rental Arbitrage Works (Start with $8K)
35:20 - ABOVE ALL HOME CARE: $360K/Year Agency Breakdown
41:50 - Bill Medicaid $17.13/hr, Pay Caregivers $11/hr = $6.13 Profit
47:30 - Licensed vs Unlicensed: Why She Makes MORE Unlicensed
53:10 - 83,000-MEMBER COMMUNITY: How She Built It
58:45 - 17-City Nationwide Tour & Teaching Strategy
64:20 - CREDIT JOURNEY: 640 to 800+ Score with Millionaire Essentials
69:55 - $700K+ Funded to Her Community
75:30 - Starting in Personal Home During COVID
81:15 - Forbearance & Deferred Payments Strategy
87:40 - RENTAL ARBITRAGE vs BUYING: $112,800 Paid to Landlords
93:20 - New Construction Strategy for Maximum Equity
99:45 - Building Duplexes: 1,600 Sq Ft Per Side
105:30 - CHILDHOOD TRAUMA: Lost Everyone by Age 19
111:50 - Criminal Background & Employment Discrimination
117:25 - First Millionaire in Family - Breaking Generational Poverty
123:10 - MENTORSHIP: 3-Tier Packages + $65/Month School
129:40 - Virtual Office: Group Cold-Calling Strategy
135:55 - Above All Realty: Becoming Licensed Realtor
141:30 - Above All Financial Solutions: One-Stop Shop
147:15 - MILLIONAIRE ESSENTIALS: Consistency + Multiple Streams
153:45 - Celebrity Wedding Coming + Scaling Down Tours
159:20 - Million-Dollar SBA Loan Plans
MILLIONAIRE ESSENTIALS HOSTS:
Brandon Jackson: @brandontheprovider
Tevin Facey: @tevinfacey
This episode SHATTERS the myth that you can't make money serving underserved communities! Lynette proves that solving real problems = real profit. From losing her job to $1.3M/year serving formerly incarcerated individuals. Subscribe for strategies that actually change lives!
⚠️ DISCLAIMER: Real estate and group home investing involves risk. Results may vary. Consult local laws and regulations regarding group homes in your area. This content is for educational purposes only.*
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