Real Estate InvestmentPotential income $20,000 per month

Better than Apartments

Better than Housing Rentals

http://veteranshousingwhittier.com/

It is a Licensed Boarding House

• We are offering a 5000 foot licensed boarding house with up to 10+ bedrooms

• As transitional housing each bedroom can house 3 to 5 people. we are planning on 2 to 4 per room as a transitional residents

• Each person ranges from $400 to $900 per month

• We were planning on 24 residents at $850 = $20,400 per month

Front of the Building Leading into the Large Downstairs Room

Types of Boarding Houses

• Plain boarding house at $600 a room = $6000• Artist boarding house at $750 a room = $7500• Student Housing. The college is about 1 mile from house

• Language school with onsite living • Photo or video school with onsite living• Webmaster and/or programming school with

onsite living

Types of Transitional Housingand Living Centers

• Sober living• Veterans Housing• Emergency Family Shelter• Care Homes for mentally challenged

Additional Parking and 1st Courtyard

Projects We Were Interested In

• Veterans HousingCan get government assistance

• Sober LivingHas high income potential

Sober Living Homes are Lightly Regulated

• Alcohol- and drug-free houses are not required to be licensed nor are they eligible for licensure.

• By definition, they do not provide alcohol or drug recovery or treatment services and are, therefore, not subject to regulation or oversight by the State Department of Alcohol and Drug Programs (ADP).

• For more information http://www.adp.ca.gov/FactSheets/LCD_FAQ.pdf

Side Retaining Wall for Privacy

Alcoholism Stats

• It is estimated that there are about 14 million alcoholics in the United states.

• Some statistics suggest that upper class males of European decent are some of the most susceptible to abusing alcohol http://www2.potsdam.edu/hansondj/Controversies/1116895242.html

Side Entrance at Ground Level

Veterans Housing Assistance

• HUD allocated nearly 38,000 “Housing Choice” vouchers across the country. A housing subsidy is paid to the landlord directly by the local public housing authority on behalf of the participating Veteran. The Veteran then pays the difference between the actual rent charged by the landlord and the amount subsidized by the program.

There Are Grants to Help With Rent

• California receives more grant funds from U.S. Housing and Urban Development (HUD) and U.S. Department of Veterans Affairs (VA) than any other state in the nation to help address the issue of veteran homelessness. The State got nearly $16 million, about 25 percent of all the grant money going to local public housing agencies across the country. http://www.calvet.ca.gov/News/2013/05/30.aspx

View of Street from Side Entry

http://VeteransHousingWhittier.com

You can get more information on the website

http://VeteransHousingWhittier.com