In this episode, Wayne talks to Bethany Finch, Community Enhancer at American Made Home Solutions, about creating Christ-centered workforce housing communities. 

Previously, Bethany was a teacher and coach who transitioned to real estate. Her passion is to create change that is beautiful and sustainable. 

Since the inception of American Made Home Solutions, Bethany and her team have rejuvenated neighborhoods and increased the standards of housing for residents.   

Topics on Today’s Episode:

Company Vision and Mission: Create sustainable growth

Property Attributes: Numbers have to make sense for conditions and remote investing

Cash Buyers: New real estate investors need to find creative ways to compete 

Consumer vs. Business Mindset: People get in trouble if they don’t know their numbers

Passive Income: Potential to create momentum and leverage home loans/equity 

Single to Multifamily: Bethany and her husband’s vast experience and business sense   

Negative Growth: Markets where more people are leaving than coming to that market

Additional Asset Classes: Build-to-rent and manufactured/modular homes w/ RV parking  

Step Back, Slow Down, Reprocess: How residents find, feel, love the spirit of Christ?

Passive Investing Tips: 

Assume there will be no return that first year

Ask about correspondence frequency to set expectations 

Ask how often will you get paid (different deals differentiate) 

Ask if you have voting rights or say (different scenarios, sometimes negotiable) 

Be willing to lose it all (it hurts to lose money, but not always detrimental)

Links and Resources:

Bethany Finch on LinkedIn

American Made Home Solutions, LLC

Free Passive Income Checklist

Purpose Driven Investments; Multifamily Real Estate

United Financial Freedom – Innovative Debt Elimination and  Financial Tools

Del Webb: Retirement Communities

Dave Ramsey

Wayne Courreges

Free Passive Investor eBook by Wayne Courreges

The Untold Stories of Real Estate Investing Podcast