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Updated over 9 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Ronald Jones
  • Investor
  • Birmingham, AL
2
Votes |
23
Posts

Single room occupancy (SRO) and/or Supportive Housing

Ronald Jones
  • Investor
  • Birmingham, AL
Posted

Does anyone have any advice on getting started with small multi-unit investing with the ultimate goal of making the property available to agencies for their clients needing SRO and/or Supportive Housing assistance?

Most Popular Reply

User Stats

51
Posts
24
Votes
Zachary Smith
  • Real Estate Agent
  • Johnson City, NY
24
Votes |
51
Posts
Zachary Smith
  • Real Estate Agent
  • Johnson City, NY
Replied

Thanks @Joe Fairless...Yes @Ronald Jones I would have to agree with some of the comments for mentioned. In SRO, I am operating it as two business structures (the real estate and the services I am providing)

Early on the biggest obstacles I found was finding consistent clientele to fill rooms, but after building stronger relationships with organizations that provide parallel services for individuals who would need Single room occ that problem began to diminish.

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