Podcst
Why Senior Living Might Be the Most Lucrative Real Estate Niche Ever | Phillip Vincent by Justin Colby

Why Senior Living Might Be the Most Lucrative Real Estate Niche Ever | Phillip Vincent

from The Science of Flipping

by Justin Colby

Published: Fri Aug 09 2024

Show Notes

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Today I sit down with sits down with Philip Vincent, a real estate expert who has completed over 1,000 deals within a unique and often overlooked niche: the senior living space. We discuss the massive opportunity presented by the baby boomer generation, who own $30 trillion in real estate equity and will need to sell their homes to pay for senior care. Phillip explains that senior living communities are a relationship-based business and emphasizes the importance of building relationships in the industry. He also highlights the value of being a referral and placement agent, helping families find the right level of care and assisting with the sale of their homes. The conversation explores the challenges and opportunities in this niche and provides insights for real estate investors and agents. In this conversation, Phillip Vincent discusses the importance of building relationships in the senior living industry and how it can lead to long-term success. He emphasizes the value of networking and provides strategies for connecting with professionals in the industry. Phillip also introduces the concept of referral and placement business, which involves helping families find the right senior living options and assisting with the sale of their homes. He highlights the potential for real estate agents to expand their business by tapping into this niche market.

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Connect with Phillip!

Instagram - @phillip.vincent

Tiktok - @phillip_vincent

FREE RESOURCES - www.momshouse.com/justin

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๐€๐›๐จ๐ฎ๐ญ๐‰๐ฎ๐ฌ๐ญ๐ข๐ง: After graduating from UCLA in 2003with an English degree, Justin went directly into business for himself. He has never had a W-2 job. In 2005he got into real estate by co-founding a brokerage in the Northern California area. Quickly he realized that being a realtor was not for him.


In 2007he got into real estate investing full time. 16 years later, Justin has flipped well over 2600properties, accumulated millions in rental properties, and is an active investor to this day.


His success in real estate led him to start The Science Of Flipping podcast and education company, where he has coached and mentored over one thousand aspiring and active investors.


He is a nationally recognized speaker and is on a mission to educate as many people as possible on becoming a successful dynamic real estate investor.


๐‘พ๐’‰๐’‚๐’•๐’•๐’‰๐’†๐‘ท๐’“๐’๐’”๐‘ฏ๐’‚๐’—๐’†๐‘ป๐’๐‘บ๐’‚๐’š๐‘จ๐’ƒ๐’๐’–๐’•๐‘ฑ๐’–๐’”๐’•๐’Š๐’:


โ€œJustin is one of the best trainers in this space. He really gives everything to his tribe.โ€ โ€“ Brent Daniels (TTP)


โ€œJustinโ€™s ability to connect with people and help them understand what he is teaching, is unparallelledโ€ โ€“ Kent Clothier (REWW)


โ€œWe have been in the trenches flipping homes in Phoenix for over a decade, he is one of the best to do it.โ€ โ€“ Sean Terry (Flip2Freedom)


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