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FROM $10K SAVINGS TO $500K/YEAR WITH GROUP HOMES! Lynette Wheaton (@grouphomefornewbies) reveals how she went from losing her job with $10K in savings to making over $500,000 annually with group homes + $360K from her home care agency! She houses formerly incarcerated individuals with guaranteed government income (SSI, SSDI, VA disability) and makes $6,400-$10,000 PER HOUSE. This is the affordable housing strategy that changed EVERYTHING! 💰 WHAT YOU'LL LEARN: ✅ How to make $6,400-$10,000/month from ONE 4-bedroom house ✅ Rental arbitrage: Start with $8K or less (no mortgage needed!) ✅ Why formerly incarcerated individuals = guaranteed income stream ✅ Room rental strategy: $800-$1,500 per person in shared rooms ✅ 3X your rent: Pay $2,200, make $10,000 ✅ Unlicensed vs Licensed group homes (she makes MORE unlicensed!) ✅ Home care agency: Bill Medicaid $17.13/hr, pay caregivers $11/hr = $6.13/hr profit ✅ How she went from 640 to 800+ credit score ✅ New construction strategy to maximize equity ✅ 83,000-member community breakdown JOIN HER FREE WEBINAR TO START AND SCALE YOUR NEXT GROUP HOME: https://grouphomes.millionaireessenti... CONNECT WITH LYNETTE WHEATON: FREE Facebook: @grouphomefornewbies Instagram/TikTok: @grouphomefornewbies TIMESTAMPS: 0:00 - Introduction: Meet the Group Home Queen 4:20 - ORIGIN STORY: $10K to $500K Journey 8:45 - What Are Group Homes? Breaking Down the Model 13:30 - TARGET DEMOGRAPHIC: Formerly Incarcerated with Guaranteed Income 18:50 - Guaranteed Income Sources: SSI, SSDI, VA, Social Security 24:15 - THE NUMBERS: $6,400-$10,000 Per House Breakdown 29:40 - Why Rental Arbitrage Works (Start with $8K) 35:20 - ABOVE ALL HOME CARE: $360K/Year Agency Breakdown 41:50 - Bill Medicaid $17.13/hr, Pay Caregivers $11/hr = $6.13 Profit 47:30 - Licensed vs Unlicensed: Why She Makes MORE Unlicensed 53:10 - 83,000-MEMBER COMMUNITY: How She Built It 58:45 - 17-City Nationwide Tour & Teaching Strategy 64:20 - CREDIT JOURNEY: 640 to 800+ Score with Millionaire Essentials 69:55 - $700K+ Funded to Her Community 75:30 - Starting in Personal Home During COVID 81:15 - Forbearance & Deferred Payments Strategy 87:40 - RENTAL ARBITRAGE vs BUYING: $112,800 Paid to Landlords 93:20 - New Construction Strategy for Maximum Equity 99:45 - Building Duplexes: 1,600 Sq Ft Per Side 105:30 - CHILDHOOD TRAUMA: Lost Everyone by Age 19 111:50 - Criminal Background & Employment Discrimination 117:25 - First Millionaire in Family - Breaking Generational Poverty 123:10 - MENTORSHIP: 3-Tier Packages + $65/Month School 129:40 - Virtual Office: Group Cold-Calling Strategy 135:55 - Above All Realty: Becoming Licensed Realtor 141:30 - Above All Financial Solutions: One-Stop Shop 147:15 - MILLIONAIRE ESSENTIALS: Consistency + Multiple Streams 153:45 - Celebrity Wedding Coming + Scaling Down Tours 159:20 - Million-Dollar SBA Loan Plans MILLIONAIRE ESSENTIALS HOSTS: Brandon Jackson: @brandontheprovider Tevin Facey: @tevinfacey This episode SHATTERS the myth that you can't make money serving underserved communities! Lynette proves that solving real problems = real profit. From losing her job to $1.3M/year serving formerly incarcerated individuals. Subscribe for strategies that actually change lives! ⚠️ DISCLAIMER: Real estate and group home investing involves risk. Results may vary. Consult local laws and regulations regarding group homes in your area. This content is for educational purposes only.*