Capital Hacking E242: Benefit from Altruistic Capitalism by Owning Assisted Living with Prince Eboka
Be a successful investor with a heart! Today we’ll discuss how to mix capitalism with altruism by acquiring properties and turning them into assisted living facilities. Our guest, Prince Eboka, will share how he got into this niche in real estate and talk about what happened in his first deal.
In the second part of this episode, Josh offers a unique investment opportunity for all our podcast listeners! You don’t need a large capital for this! Listen now!
Key Points from This Episode:
- Prince’s background and how he got into real estate.
- Mixing capitalism with altruism by acquiring properties and then leasing them to nonprofit organizations like nursing homes, assisted living facilities, housing for veterans, etc.
- The type of properties Prince and his team acquire and how they convert them into what the organization needs.
- The story behind how Prince got into this product type of real estate.
- The logistics and cost of the property they acquired on their first deal.
- The income difference between renting the property to a family and a commercial business.
- The latest investment opportunity with Capital Hacking.
- Learn how you can become a partner and invest in bigger deals without having to be an accredited investor!
Tweetables:
“The more money you’re able to raise, more investors you’re able to work with, the more end users get to benefit from that.”
“You don’t have to grow up rich to do great work.”
“I've learned that when it comes to selling an idea as long as you believe in it, a lot can happen just from the gusto of the passion behind it.”
Links Mentioned
E163: Learn “Residential Assisted Living” Real Estate Investing with Gene Guarino
About Prince Eboka
Prince Eboka is the Owner and Principal of Pillar Housing, LLC. Pillar Housing is a Full-Service Private Equity Company that serves to pair quality, attractive housing facilities with qualified, experienced Home Health Organizations - such as Nonprofits, Residential Assisted Living, Transitional Living, Behavioral Health, Sober Living etc. - that create a win-win situation for all parties.
Turn your unique talent into capital and achieve the life you were destined to live. Join our community!
We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger.