05/18/2026
I’m the CEO of GracePointe Independent Living Community & let’s do some math ➕✖️🟰💰
GracePointe Independent Living Community
House #1
7 Residents: 6 Pay=$800, 1 Pay=$1,200
Gross$6,000
Expenses: $1,725
Profit: $4,275
Turning this home into a Licensed Care Facility which I’ll be able to bill Medicare/Medicaid for around the clock care, transportation & more
Total Profit: $11,790-$13,460
House #2
3 Families, Transitional Living for Domestic Abuse Survivors
Funds received from a private donor: $1,200 per room
Residents Pays:$600
Total: $1,800 per room x 3= $5,400
Expenses: $1,800
Security: $250 daily/ paid for by my private donor
Profit: $3,600
House #3
8 Residents: 2 Pay $800, 1 Pay: $967,
1 Pay: $1,266, 1 Pay: $2,098, 1 Pay: $862
1 Pay: $750 1 Pay: $1,766
Gross: $9,309
Expenses: $2,100
Profit: $7,209
House #4
4 Residents
All pay $1,062 a month
Gross:$4,248
Expenses: $415
Profit: $3,833
Houses 5-8 are in progress with renovations with a projected profit of $4-6K per property.
Total Gross per month including projected income from properties in renovation:
Gross: + $47,947
Expenses/ Homes: -$6,040
Yard Maintenance: -$240
Maintenance Man:-$5,000
Total:-$11,280
Net Profit: $36,667
Gradually all my homes will become Licensed vs. Independent Living so that’ll be a monthly gross from $72-96K per month 😮💨😮💨
I’m expanding my model across TN, MS, AL & TX!!
And guess what?? I used the banks money!!
🚫 Money out of pocket 😎
And I still work my salaried full time job 💪🏽
I’ve never had anything passed down to me so I’m making sure I’m passing down generational wealth to my kids & giving them the “Blueprint” for success 👌
I just don’t teach these fundamentals, I live by them & you can too!! ✅
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