CLOSING CHAPTERS: Where Every Real Estate Mission Has A Story!
What happens when a seasoned real estate investor loses everything overnight and has to completely rethink his business model? In this episode of Closing Chapters, Brittney sits down with Jim Boad, a 25-year real estate veteran from Washington State who went from fix and flips and rental properties to running five sober living homes housing up to 50 men at a time. Jim shares how the COVID eviction moratoriums pushed him to the edge of selling off his entire portfolio, and how a late-night internet search led him to a recession-proof housing model he had never considered. From his first home being nearly full within a month to now operating a full program with staff, a waiting list, and even a restaurant that employs men from his program, this conversation covers what sober living actually is, how it works financially, and why it might be the most impactful investment a veteran or military-connected investor could make. Brittney also digs into the very real connection between military service, transition struggles, and the need for programs like this. If you have ever wondered why veterans fall through the cracks after separation, or if you are an investor looking for a model that generates strong returns while doing genuine good in your community, this episode is required listening. Key Takeaways • Sober living homes are largely unlicensed and far easier to launch than most investors expect. • The income potential is dramatic: one five-bedroom home went from $2,300 per month income to $8,500 per month gross income. • Two people per room reduces relapse rates significantly by eliminating self-isolation. • Funding comes from state, federal, and clinic sources, so many residents arrive with two to four months of pre-paid housing. • Military veterans are uniquely positioned to run these homes because of their structure, accountability, and heart for service. • The investor and operator roles can be separated, creating a true partnership model. • HOA compliance, quiet hours, and proactive neighbor communication make these homes great community members. • Every FSBO showing and every sober living home is a door, not a dead end. 🎧 If this episode opened your eyes to a housing model you had never considered, please subscribe, leave a review, and share it with someone who needs to hear it. Whether that is a veteran looking for purpose in business, an investor searching for a better return, or someone who has been touched by addiction in their own family, this conversation is worth passing on. If you have a heart to serve and want to know more about providing a group home, connect with Jim: https://jimboad.com Closing Chapters Podcast: Where Every Mission Has A Story Thanks for listening. We talk all things military real estate, my transactions, the mistakes, the wins, and simple plays you can use right now. Work With Me: * Buying or selling near Fort Bragg & Moore County [https://calendar.app.google/RAhFE3tg5kBEp8q66] * Agents, partner with me [https://calendar.app.google/RAhFE3tg5kBEp8q66] Connect With Brittney: 🌐 Website [https://www.homeswithbrittney.com] 📚 Training Platform [https://eft.mykajabi.com] 📺 YouTube [https://www.youtube.com/@homeswithbrittney] 📸 Instagram [https://www.instagram.com/bfryerealtor/] 📘 Facebook [https://www.facebook.com/BrittneyFryeRealtor] 💼 LinkedIn [https://www.linkedin.com/in/elevatefreedomtraining24/] 📧 Email: brittney@homeswithbrittney.com If this episode helped, follow the show, leave a quick review, and share it with a friend in PCS season. Disclaimer: This podcast education only & is not legal, tax, or financial advice. Talk with your own pros about your situation. Opinions are my own. © 2025 Brittney Frye. All rights reserved. Realtor, license # 352197 in NC. Brokerage: REAL Broker l Military Division
40 episodes
Comments
0Be the first to comment
Sign up now and become a member of the CLOSING CHAPTERS: Where Every Real Estate Mission Has A Story! community!