Building Bridges in Special Needs Real Estate

Send us a text

In this episode, we explore the vital and often under-discussed world of special needs housing. Join us as we unpack the complexities associated with building supportive networks that serve individuals with disabilities. Our discussion emphasizes the significance of collaboration between real estate professionals, investors, service providers, and community leaders. We shine a light on the multi-faceted approach necessary to create impactful housing solutions that genuinely meet the needs of residents.

The conversation dives deep into the key players involved in special needs real estate, spotlighting the importance of forming connections that go beyond transactions. By integrating knowledge sharing, community engagement, and, most importantly, compassion, we can redefine the landscape of special needs housing. We provide actionable insights on how you can contribute to meaningful change, whether you’re a seasoned professional or simply looking to understand the dynamics at play. Tune in, open your mind, and discover how you can be part of this transformative journey.

We invite you to share your thoughts, experiences, and suggestions on this important topic. Don't forget to subscribe, leave a review, and join our growing community dedicated to making a difference!

Episode Transcript

Speaker 1 (00:00):
All right, Welcome back everyone Ready for another
deep dive.

Speaker 2 (00:02):
Always.
What are we getting into today?

Speaker 1 (00:05):
Well, today we're looking at special needs real
estate, specifically building anetwork in that niche.

Speaker 2 (00:12):
Interesting, so not just the properties themselves,
but like the whole supportsystem around it, exactly.

Speaker 1 (00:18):
And you know this is relevant, whether you're an
investor thinking of starting abusiness in this area or just
want to understand how thesenetworks function.

Speaker 2 (00:26):
I can see that it's definitely more complex than
just you know buying and sellingproperty.

Speaker 1 (00:30):
For sure, and, speaking of which, big thanks to
our sponsors for this episode,flowers and Associates.
They're doing some fantasticwork in special needs housing,
property rentals specifically.

Speaker 2 (00:41):
Oh yeah, I think we've had Robert Flowers on the
show before, haven't we?

Speaker 1 (00:44):
We have he rentals specifically.
Oh yeah, I think we've hadRobert Flowers on the show
before, haven't we?
We have.
He really knows his stuff andactually he has a new book out,
from Setback to.

Speaker 2 (00:49):
Comeback Kitchy title .

Speaker 1 (00:50):
It is all about real estate overcoming challenges the
whole nine yards.

Speaker 2 (00:58):
You can find it on Amazon.
I'll have to check that out.
Oh, and I wanted to mentionAngela Kraft too.
She's part of the Flowers andAssociates team as well.

Speaker 1 (01:02):
Right Graceful journeys her transportation
business specifically forseniors.
I believe.

Speaker 2 (01:06):
Yep Helping seniors get around comfortably and
safely Just another example ofthe kind of specialized services
that are crucial in this field.

Speaker 1 (01:14):
Okay.
So let's say someone's startingfrom scratch.
They want to create housingsolutions for people with
special needs.
How do they even begin to buildthat network?

Speaker 2 (01:25):
Well, the source we're looking at breaks it down
into a few key areas.

Speaker 1 (01:29):
Okay, lay it on me.

Speaker 2 (01:30):
First you've got your industry professionals realtors
, obviously, to help find theright properties, then investors
to provide the capital andproperty managers to handle the
day-to-day stuff.

Speaker 1 (01:40):
Right the nuts and bolts, but I imagine finding the
right investors is key here.
Not just anyone will do, Iguess.

Speaker 2 (01:48):
Exactly.
You need people who are alignedwith your mission, not just
looking for a quick profit, butwho really understand the social
impact, who are passionateabout creating a positive
environment for the residents.

Speaker 1 (01:59):
Makes sense.
It's more than just a businessventure.
So, beyond the real estatefolks, who else do you need in
your network?

Speaker 2 (02:04):
Well, there's a whole world of service providers who
are absolutely essential.
Think nonprofits thatspecialize in disabilities,
social workers to help residentsnavigate challenges, health
care providers, and so on.

Speaker 1 (02:16):
Wow, it's a whole ecosystem really.

Speaker 2 (02:18):
It is, and the source also mentioned local housing
authorities, which might not bethe first thing that comes to
mind.

Speaker 1 (02:24):
No, not immediately.
What makes them so important?

Speaker 2 (02:26):
Well, think about it.
Grants, subsidies, zoning,regulations, that stuff can get
really complicated.

Speaker 1 (02:32):
Definitely Not something you want to tackle
alone.

Speaker 2 (02:34):
Exactly.
Housing authorities can helpyou understand the system and
maybe even access resources youwouldn't know about otherwise.

Speaker 1 (02:42):
So knowing the right people, a and D.
Knowing the rules of the game.

Speaker 2 (02:46):
Precisely, and speaking of knowing people, the
source highlighted communityleaders and advocates too.
They can really champion yourvision, connect you with
potential residents and helpyour project become part of the
community fabric.
So it really is about buildingrelationships, not just
transactions 100%, and that'swhere actively joining relevant

(03:07):
groups comes in Real estate,investment clubs, online forums
like BiggerPockets, evendisability advocacy groups.

Speaker 1 (03:14):
Places where you can learn, connect and share your
own expertise too.

Speaker 2 (03:18):
Exactly, and the source also brought up this
interesting idea about contentcreation.

Speaker 1 (03:22):
Oh, like what.

Speaker 2 (03:23):
Well sharing your knowledge through blog posts,
videos, maybe even hostingworkshops, that kind of thing.
It positions you as anauthority in the space.

Speaker 1 (03:32):
Makes sense, and it attracts people to your network
too.

Speaker 2 (03:35):
Exactly, and it helps educate the wider community
about special needs housing,kind of like what Robert Flowers
is doing with his book.

Speaker 1 (03:42):
Actually, Right, he's not just building properties.
He's sharing his knowledge andinspiring others to get involved
.

Speaker 2 (03:47):
Love that.

Speaker 1 (03:48):
Now, beyond the digital world, you can't forget
good old-fashioned face-to-faceinteraction Conferences,
community events, evenvolunteering at organizations
that serve people withdisabilities.

Speaker 2 (04:00):
Absolutely Building those real human connections is
invaluable, nothing beats it.
And it can't be a one-timething either.
Right, absolutely Buildingthose real human connections is
invaluable, nothing beats it.

Speaker 1 (04:05):
And it can't be a one-time thing either.

Speaker 2 (04:07):
Right, nope, the source was very clear about that
.
Consistent follow-up is key,whether it's through a CRM
system or just sendingpersonalized messages to check
in.
You've got to nurture thoserelationships over time.

Speaker 1 (04:20):
It's not just about collecting contacts.
It's about building a community.

Speaker 2 (04:24):
Exactly A community of support and shared purpose.
That's what makes this niche sospecial.
You're not just building anetwork.
You're building something thatgenuinely makes a difference.

Speaker 1 (04:35):
Powerful stuff Really makes you think.

Speaker 2 (04:37):
It does, and it makes me wonder.
You know the source we lookedat focused on the practical
steps, but what about theethical considerations?
How do you ensure you're trulyserving the needs of this
community, not just?
You know doing business.

Speaker 1 (04:51):
Ooh good question, Something for everyone to ponder
.

Speaker 2 (04:53):
Lots to think about.

Speaker 1 (04:54):
Thanks for taking this deep dive with us.
No-transcript.