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Assisted Living Facilities – Profitable & Safe Investments – Vern Harris

August 2, 2018 @ 12:00 pm - 2:00 pm MDT

The demographics in America are changing!

There are 77 million baby boomers currently in the US, with 10,000 new people reaching retirement age each day until the 2030s.

The need for credible, long-term support is rapidly growing into one of our nation’s greatest social and economic demands.

Right now it is so difficult to keep up with the demand that facilities are charging giant premiums for even shared spaces!

Vern Harris is an expert in the assisted living space, specifically in “ALR” which is utilizing neighborhood homes that would normally get 3% cap rates as rentals to where the same house is able to easily generate double digit cap rates with less maintenance, less turnover, and therefore less headaches.

No matter the market, the elderly will need living places to support them, making this investment almost impervious to Market Fluctuations.

Details

Date:
August 2, 2018
Time:
12:00 pm - 2:00 pm MDT
Website:
https://www.meetup.com/BlueSpruce/events/251934846/

Organizer

Creative RE Lunch Club of Denver
View Organizer Website

Venue

Mimis Cafe
14265 West Colfax Avenue
Lakewood, CO 80401 US
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