How do you create more profit from a Sacramento rental? Create a business inside of it!

July 23, 2010 Featured, Upcoming Events

How do you create more profit from a rental? Create a business inside of it!

Right now in the Sacramento real estate market we are able to get cash flow! For years investors were taking their money outside of California in order to get cash flow properties.

A nice cash flow home is good …. But what if you kicked it up a notch and buy a property… THEN added a business to pump up the cash flow! OR lease it to a business and potentially net more  rent because the location is move in ready for that type of business.

Did you know that many of the occupations projected to grow the fastest in this economy are concentrated in the health care industry? This is according to the U.S. Bureau of Labor Statistics. With our aging population and our baby boomer starting to go into retirement… Running a care home can be a profitable venture!

Come and learn from Delia Quinley, owner of M&D professional Services, and find out what it takes to run this kind of business.

You will learn…

  • What specs the home needs to have in order to optimize the income potential of the business!
  • What type of licensing requirements, inspections, and certifications are needed!
  • What type and how many staff needs to be on-site!
  • How profitable these care homes can be!
  • What you should know about your liability!
  • Bring your questions!

You may not want the liability of actually running the care home… but what if you bought one and leased it to someone who does? They get a location to run their business… and you might do a lease to own with them so they buy it from you in the next 5 years. It’s a different twist on your normal investment property purchase!

Join us for our next meeting and find out if this twist on a real estate deal is for you!

Meet our speaker Delia Quinley:

Delia is an owner of M&D Professional Services in Elk Grove. Her company assists their clients to start-up care home facilities in Sacramento County.  Her team knows the ins-and-out of the care home business and will give us great in-site into this up and coming industry.  Learn more about Delia at her website at www.mdquinley.com!

MEETING INFORMATION

August 23rd, 2010 <——– PLEASE NOTE: Our meeting dates for August is not on our usual night due to a scheduling conflict!

6:30pm Networking
7:00pm Meeting starts

Cost: Members are FREE! Non-members $15 at the door/$25 for a couple!
Become a member >>

Location:
9275 East Stockton Blvd. #100, Elk Grove, CA 95624

Elk Grove REIA was created to offer investors (regardless of their skill level), an opportunity to come together and sharpen their skills. We would love it if you would join us for our next meeting!

For more information please call Erin Newington at (916) 585-3858 or email her at erinnewington@kw.com!


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