

Turning One House Into a $13.4M Business Model (by Helping Retirees Live Better)
Today I'm going to air an appearance I did on the Action Academy Podcast, in this episode we discuss about the only asset class where you can cash flow six figures on one home is residential assisted living, and 77 million baby boomers are creating the biggest investment wave of our generation. Aaron Ameen and Charlie Cameron reveal how they're building $9.4 million memory care mansions that solve a massive problem while generating 20%+ IRR returns.
/ CONNECT WITH US
Guest
Aaron Ameen teaches how to buy and operate profitable rental properties anywhere in the US, having bought 8 remote rentals in 3 years while working full-time. He's now partnering on a $13.4 million residential assisted living development in Texas.
Aaron's Instagram: / aaronameenreicoach
Charlie Cameron is an Air Force veteran and partner at Open Range Capital, running an assisted living portfolio company and mastermind called "Room" focused on launching residential assisted living homes.
Check out their project: https://www.everwoodreserve.com/
Host
Brian Luebben – Investment coach and founder of Action Academy
Instagram: / brianluebben
/ CHAPTERS
00:00 - Intro
00:31 - What is residential assisted living?
02:29 - Aaron's journey from single family to RAL
05:22 - Alex Schillo shoutout and full circle moment
08:54 - 77 million baby boomers creating massive demand
11:26 - Memory care mansion model explained
15:52 - Transitioning from small deals to $9.4M projects
19:02 - CVC framework: clarity, volume, consistency
22:04 - Underwriting complex syndication deals
25:22 - Deal specifics: location and market demand
28:01 - Construction and staffing challenges
31:41 - Comparing to existing RAL portfolio
32:47 - Current capital raise details and timeline
34:24 - Return profile: 18.5% cash-on-cash, 20%+ IRR
36:02 - How to learn more about Everwood Reserve