
Assisted living investments may be the most underrated, unknown, but ridiculously profitable real estate investment out there. For many investors, turning their single-family home into assisted or senior living seems like an impossible task. Don’t you need to have a medical background? Do you need a license? Can anyone do it? Instead of getting caught in analysis paralysis, Antoinette Munroe looked at the numbers, decided to take the jump, and hasn’t looked back. And after hearing her story, you might do the same! Antoinette found financial freedom in just a few years with vacation rental investing. She used the game-changing strategy of house hacking combined with short-term rentals to profit over a thousand dollars a month, all while living in her own house. She slowly started building her empire, buying one property a year while working towards financial independence. She reached her ultimate goal, retiring early after only a few years of investing. Then, things started to change. With new regulations rolling in, Antoinette had a large slice of her business about to be shut down or restricted at best. She needed to pivot to something that would make her the same money while still being passive enough to live the newly-retired lifestyle. When she heard about assisted living, she knew she had to run the numbers to see if the hype matched reality. The income was astonishing, and now she’s dedicated her time, money, and resources to building an assisted living empire that'll pay her much more than the vacation rentals before. 00:00 Intro 01:25 Quick Tip 01:59 Shooting for Financial Independence 12:11 The "Game Changer" 16:09 Pivoting the Short-Term Rental Strategy 23:57 Tripling Her Income! 32:07 Short-Term Rental Regulations 36:18 Doing Good While Making More 39:16 One BIG Mistake 47:28 What's Next? 50:44 Famous Four ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Grab Some BiggerPockets Merch: https://bit.ly/biggerpocketsswag ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/match?utm_source=owned_media ~~~~ Hear Antoinette’s Story on the “BiggerPockets Money” Podcast: https://www.biggerpockets.com/blog/money-295?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Here’s Why You Should Consider Investing in Senior Living https://www.biggerpockets.com/blog/invest-senior-living?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Do New Short-Term Rental Regulations Make Investing Risky? https://www.biggerpockets.com/blog/rookie-204?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Antoinette: BiggerPockets: https://www.biggerpockets.com/users/fearlessandfree?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @fearlessandfreefi or https://www.instagram.com/fearlessandfreefi/ Website: https://www.fearlessandfreefi.com/ ~~~~ Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter: YouTube: https://www.youtube.com/c/Robuilt Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://www.twitter.com/robuiltchannel ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ Episode 710 Show notes at: https://www.biggerpockets.com/blog/real-estate-710?utm_source=youtube&utm_medium=description&utm_campaign=none #biggerpockets #realestatepodcast #biggerpockets710