Episode 146: Real Estate Investing in Senior Living Areas with Phillip Vincent

Posted Sep 17, 2020 | Chris Petrie

This post may contain affiliate links or links from our sponsors. Read our disclosure policy here.

Listen on the Podcast

When Mom and Dad are ready to move out of their home and into a senior living community, what is the best way to go about it?

And is there an opportunity for investors?

Phillip, the co-founder of Mom’s House explains the process of selling mom or dad’s house…

75% of Americans over the age of 65 will be moving out of their homes and into some kind of assisted living community.

Phillip Vincent, Founder of Mom’s House

First you have to clean out the house, then start getting contractor bids to get the house “sell ready” and finally painting, repairs and everything else.

What if there were a better way to streamline this process? What if you could take the months of back and forth and turn it into a few weeks?

What if investors could come in with cash offers and get discounted houses as a real estate investment?

This is where Phillip and Mom’s House comes in.

Links from the Show

Do You Need a Budget? (Everyone Needs a Budget)

The first step to reaching financial independence is to have a plan for every dollar in your life. Whether you are looking to cut expenses, increase income, save more, or all of the above — a budget comes first.

You can have the same one I use everyday (free).

Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe to the podcast where you listen and leave a review!

Today’s show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011. 

If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

Leave a Reply

Your email address will not be published. Required fields are marked *

Want to save more money and pay off debt?

Great! Grab the free budget mini course where I will give you a budget and show you exactly how to use it! The same budget I used to pay off $52k in debt, save money and build wealth!



Scroll to Top