In this short video, Jay’s special guest, Philip Vincent the Co-Founder of Mom’s House discusses senior living’s real estate market.
Can you really make a real estate business using the market for senior living?
While Phillip started as a home builder and developer, he quickly transitioned to buying houses from seniors.
It’s his entrepreneurial spirit and commitment to make the home selling process easier for older people and their families.
Click on this link to watch the complete video: https://youtu.be/yQg_7DHJwtg – “Massive Tsunami in Senior Living Real Estate Coming Fast! – with Jay Conner & Phillip Vincent”
Private Money Academy Conference: https://jaysliveevent.com/live/?oprid=&ref=42135
Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book
Real Estate Cashflow Conference
https://jaysliveevent.com/live/?oprid=&ref=42135
Free Real Estate Webinar:
Join Jay’s Private Money Academy Four Week Free Trial:
https://www.jayconner.com/member-4-weeks-trial/
Register for Jay’s $199 Real Estate Udemy course for $19.99:
https://www.udemy.com/course/real-estate-investing-foreclosures/
Join over 2,500 happy students.
Listen to our Podcast on iTunes:
Google Play:
https://music.youtube.com/googleplaymusic#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y
Join out ROKU Channel:
https://my.roku.com/account/add?channel=realestateinvesting
Free Training:
https://vancouverrealtorinbc.blogspot.com/2019/05/jay-conner-real-estate-investing.html
Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.
He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.
He has developed a strong network of Private Money suppliers.
Chaffee-Thanh Nguyen started investing in Real Estate a decade ago. He dramatically changes and impacts the lives of thousands of people around the world as an Executive Success and Event coach with the likes of Powerteam International and Marshall Sylver’s Mind Power Inc. Chaffee also teaches at his own events.
http://www.keyconceptcoaching.com/
The Conner Marketing Group
PO Box 1276 Morehead City,
North Carolina 28557
Phone: 252-808-2927
Fax: 252-240-2504
Free Webinar: How To Sell Any Home In 3 Days Or Less No Matter How Crowded Your Market Is!
WEALTH & FREEDOM FORECLOSURE SYSTEM HOW TO FIND, TRACK AND PROFIT FROM FORECLOSURES
https://www.jayconner.com/members-area/foreclosure-system/
What others are saying:
“Jay’s private lending scripts alone are worth the price of his entire system, and are the best I’ve ever heard … including mine!” – Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL
“You will not believe this, but it is absolutely the truth … 3 days after attending Jay’s seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay’s seminar, he is now in contact with my attorney to discuss his investment!“
– Donald A. Hovey, Norfolk, MA
Producer: Scott Paton
https://www.udemy.com/course/powerpodcasters/
Visit our Channel:
https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w
Playlists:
https://www.youtube.com/watch?v=T6sHj3R5FuI&list=PLTMERXRi9cnVPmCzyV_Xtpk654WbVi5Ln
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnVTWhmcE4SuEBjpultnpGqe
* Occasionally we have affiliate links in our description.
DISCLAIMER: Jay Conner is not a financial advisor, real estate broker, licensed mortgage broker, certified financial planner, licensed attorney nor a certified public accountant, therefore consult with a professional prior to making any real estate investing.
Listen to our Podcast:
----------------------
Jay Conner:
So perhaps one question that our listeners may be already asking in their mind is isn't that, that niche like really, really a small piece of the pie. And I mean, can I really make a business out of targeting just on this piece of it? Or is this market like a bonus to your real estate investing business, other marketing channels?
Philip Vincent:
Phenomenal question. And I guess it depends on the business you'd like to build. I love it. When people say I'm going to small little niche and I'll tell you the reason why, 7 out of 10 Americans over the age of 65 will live in some sort of assisted care before they pass away. Seven out of 10. So when people say that they love to work Probate deals, I'm saying, I'm telling you right now, that is the little niche, because that's the three out of 10 that may be still had a house that made it, you know death is what happens when you have a Probate deal, right? These are what I call the industry, started calling what we do Pre probate. So mom is moving into senior living. She's usually 28 months away from passing away. We can be blunt about that. This that's what the data they're moving into senior living because they can't take care of themselves any longer.
Right? So that's actually a giant it's called the Silver Tsunami. So over the next 20 years, there's 21 million baby boomers that will be going to long-term care. And they're going to be needing to sell their houses before they pass away. The small niche is actually the probate. The big section is the senior living world. And so I don't look at what I do is trendy or a flash in the pan. I think we have a 20 year run here, Jay of this will be a constant lead source for the people that take it seriously and build the relationships right, the first time.
Jay Conner:
As far as what the population is looking like, and the baby boomers and all this, and that. Is senior are, so these people that are going to be needing to sell their house prior to going into assisted living, is this market, are you seeing this market growing and more people needing this type of service?
Philip Vincent:
Definitely. I think what's happening right now with the COVID world or the post COVID world is the type of senior living they're moving into, might be changing from the big box communities to the smaller residential assisted living communities. But the fact of the matter is, is once you're told by a doctor that mom or dad can't take care of themselves any longer they're going to be moving to a senior living community. So when you look at the charts over how many communities are being built, you're like, wow, that's a whole lot of communities, but then you look at the need and it's way it's even higher than that. There's this big gap. We were just talking earlier today with someone about Biden's plan to help seniors. His goal is to keep them in their houses as long as possible.
The reason why for that Jay is because it's cheaper to pay someone to subsidize the care, instead of having them go to on the Medicaid rolls at 24 hours a day. And so the Silver Tsunami, why, you know, we all know what a tsunami is, right? You don't see it coming. And all of a sudden, it's too late. That it's actually a tragic word as tsunami is a bad thing. Right? And it's over it to overtake something. And so your listeners, I want them to know that don't, I heard somebody say this, you're going to work in senior living, whether you want to or not. So you might as well embrace it. And I love that line because it's coming. And we think about who our sellers are right now. It is usually seniors. So why not focus on that and systematize it to make this part of your business?
No comments:
Post a Comment