All Forum Posts by: Sara S Jung

@Karen Margrave

If doing an active adult community, similar to independent living but residents are self sufficient and want a simple lifestyle, good amenities are a must. Higher end luxury amenities will attract seniors that will choose that lifestyle. It depends where on the spectrum of costs and what you’ll be charging per bed, I worked with a developer that has done active adult projects and they made it like a high end resort.

@Al Ghindal

hi Al you can try healthtrust, they completed our market study for a project we are building in St. Louis

@Cody Smith

I’d always pay off the highest interest rate debt off first, if the other loans have low interest rates then leverage what you have to invest and pay those off over time.

@Wade G.

Locking up the equity in paying off the mortgage really limits your ability to scale, we like to call it “dead equity” it’s not doing anything for you while your holding. Over time having the leverage will give you more ability to grow if that’s the goal. If the goal is just to cash flow for passive income to a certain point then should pay it off.

Hey BP! I'm excited to bring this unique Assisted Living and Memory Care deal "The Cottages of St. Louis County", an 80 bed project in a community like setting in the robust MSA of St. Louis, Missouri. This senior living project is a ground up new construction facility consisting of 5 residential homes or "cottages", housing up to 16 residents each. This proven small house model has shown to provide higher quality care with a competitive cost advantage. The Cottages of St. Louis County is being built upon a 16 year proven track record of Innovative Senior Living, a well established operator in the senior living space with several successful communities using this similar small house model.

**PLEASE MESSAGE ME WITH YOUR EMAIL IF INTERESTED IN INVESTING AND I WILL SEND YOU FULL OFFERING MEMORANDUM**

Investment Summary

• -Located in Florissant, Missouri
• -80 Bed Assisted LIving and Memory Care Community
• -5 Residential Style Buildings and Community Building
• -6.79 Acre Property in residential neighborhood
• -High occupancy rates for Assisted Living in local market
• -Memory care is undersupplied, demand to go up 10% in next 5 years
• -16 year proven track record with operators
• -Invest with Cash, Self Directed 401K or IRA or Trusts, LLC's
• -506(c) offering - Accredited Investors Only
• -Potential capital pay back to investors once construction is complete and stabilized via refinance (either full or partial) 
  
• Investment Highlights:
• • -Build Cost $9.5 Million
  • -Capital Required $2.7 Million
  • -Minimum Investment $75,000
  • -8% Preferred Return
  • -12-13% Cash on Cash Return
  • -Annual Return 18-19%
  • -Equity Multiple 2.0x
  • -IRR 16%
  • -Hold Period 5 years

I'm working on a senior living deal right now, new construction. feel free to message me to chat. 

Hi Kishor, I'm working on one right now, new construction. feel free to send me a message. 

@Jennifer Pauyo

We are here! Welcome to BP!

@Valentine Antony

Is it a single family or Multifamily? 10 percent is pretty normal for a smaller unit size, plus a leasing fee. If there are more units say 30+, you could ask for a somewhat lower fee. Assuming it’s a 1-4 unit rental that sounds average, you can also try doing a bigger incentive bonus or a slighter higher management fee if certain metrics are met.You want to incentivize them to keep it occupied, not keep turning over.

@Derrick Anderson

Welcome Derrick!