Real Estate Investing for Cash Flow with Kevin Bupp Ep #209: A Unique Spin on the Assisted Living Model -- with Loe Hornbuckle
In this episode of the Real Estate Investing for Cash Flow Podcast, Kevin shares the mic with Loe Hornbuckle; CEO of Sage Oak Assisted Living in Dallas, Texas.
Loe originally cut his teeth in business as a car salesman while in Louisiana. Pulled by the desire to do something greater, Loe later relocated to Dallas to work in a multifamily management company -- eventually investing his sweat into his first Assisted Living Facilities with the help of a high net worth investor.
Loe now operates 5 main properties that fill a need significantly lacking in his markets; Re-Creating the warmth and comfort of home for all of his tenants.
HIGHLIGHTS:[5:47] Loe's background[9:48] What was Loe's first deal like, and how did he scale to 5 properties in 18 months?[21:25] What does the expense ratio look like running a campus-like assisted living model?[25:22] What is Loe's due diligence process?[33:05] What is Loe's exit strategy?[37:24] Closing thoughts
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Recommended Resources:
- Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
- Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
- Grab a free copy of our book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here
- Visit Sage Oak Homes' Website
- Contact Loe at "loe@thesageoak.com"
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