Episode Transcript
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SPEAKER_01 (00:00):
Welcome to the deep
dive.
Today we are tackling um areally significant challenge.
It's that friction so manypeople feel, especially those
who commit to full-time familycare.
Trevor Burrus, Jr.
SPEAKER_00 (00:11):
Right.
That tension between the work ofparenting, which is all
consuming, and that, you know,that need for personal identity.
SPEAKER_01 (00:19):
And for financial
reward, yeah.
Purpose outside the home.
SPEAKER_00 (00:21):
It's a huge tension.
And the sources you sent over,they really focus on the work of
Robert Flowers and uh theyarticulate that specific pain
point.
SPEAKER_01 (00:31):
Aaron Powell They
do.
Especially for stay-at-homemothers.
SPEAKER_00 (00:33):
Exactly.
They're looking for a bridge,right?
Right.
A way to move from, as the titlesays, from bored to fulfilled.
SPEAKER_01 (00:39):
Aaron Ross Powell
Without having to wait ten years
until the kids are older.
SPEAKER_00 (00:42):
Yeah, without
putting their own identity on
hold.
SPEAKER_01 (00:44):
Absolutely.
So today we're deep diving intoa solution that honestly is
pretty surprising.
It's this idea of using specialneeds housing as this dual path,
a way to get stable cash flow,but also have a real social
impact.
SPEAKER_00 (00:59):
Aaron Powell And our
mission today is to really
unpack that model.
SPEAKER_01 (01:02):
Go beyond the
buzzwords.
SPEAKER_00 (01:03):
Right.
What is it?
How does it actually workfinancially?
And I think this is the mostinteresting part.
Why the sources claim it's soperfectly suited for someone
who's already, you know,managing a household.
SPEAKER_01 (01:14):
Aaron Powell, which
is basically a complex logistics
operation.
SPEAKER_00 (01:17):
It is.
So we're going to be drawing alot from Flowers' work,
specifically his book, The Joyof Helping Others, creating
passive income streams throughspecial needs housing.
SPEAKER_01 (01:26):
Aaron Powell Okay.
Let's start with the problemitself.
The sources call it theunfulfillment gap.
And this isn't about criticizingthe choice to stay home at all.
SPEAKER_00 (01:35):
Aaron Powell Not at
all.
It's about recognizing that thework, even though it's, you
know, heroic in many ways, itcan feel invisible.
SPEAKER_01 (01:43):
Lonely, and so
repetitive.
SPEAKER_00 (01:45):
Aaron Ross Powell
That's the hidden emotional
drain, right?
Your identity starts to revolveentirely around other people's
needs.
SPEAKER_01 (01:50):
Aaron Powell And the
work you do, the vital labor, it
doesn't come with a paycheck oruh structured feedback from
other adults.
SPEAKER_00 (01:57):
Aaron Powell Right,
which leads to what the sources
call the fading spark.
SPEAKER_01 (02:00):
Tell me more about
that.
SPEAKER_00 (02:01):
Aaron Powell It's
this feeling that you're only
using your patience, not yourlike your full intellectual
capacity or your managerialskills.
SPEAKER_01 (02:09):
Aaron Ross Powell
You crave something that's
externally validated.
SPEAKER_00 (02:11):
Aaron Powell And
that's where the guilt comes in.
Yeah.
The guilt trap.
SPEAKER_01 (02:14):
Feeling bad for
wanting more.
SPEAKER_00 (02:15):
Yeah, for wanting
more purpose or more income when
from the outside it looks likeyou're successfully running your
family.
SPEAKER_01 (02:21):
Aaron Powell So the
real desire isn't to escape
family life.
SPEAKER_00 (02:25):
Aaron Powell No,
it's to integrate something
meaningful into it.
Yeah.
Something that brings in incomeand has a real social impact.
That solves both problems atonce.
SPEAKER_01 (02:33):
Aaron Powell Okay.
So if the problem is that lackof a visible rewarding purpose,
this brings us right to thesolution the sources propose.
Special needs housing.
What makes this so differentfrom, you know, a traditional
side hustle?
SPEAKER_00 (02:49):
Well, most side
hustles, gig work, that kind of
thing, you're just trading moreof your time for honestly pretty
marginal income.
SPEAKER_01 (02:55):
Right.
SPEAKER_00 (02:56):
SNH is different.
It's a real estate investmentmodel that creates a genuinely
stable, passive cash flow.
Trevor Burrus, Jr.
SPEAKER_01 (03:02):
And it does that by
addressing a huge societal need.
SPEAKER_00 (03:05):
Aaron Powell A
profound one.
Safe, high-quality housing forvulnerable populations.
We're often talking about adultswith physical or intellectual
disabilities.
SPEAKER_01 (03:15):
Aaron Powell So this
isn't just buying a rental
property and hoping you find agood tenant.
SPEAKER_00 (03:19):
Aaron Powell Not at
all.
The whole model is built on aspecific partnership structure.
That's what creates thestability.
SPEAKER_01 (03:25):
Aaron Powell Okay,
let's break that down.
How does it work operationally?
What does Robert Flowersdescribe?
SPEAKER_00 (03:29):
Aaron Ross Powell So
the key here is the mechanism
for stability.
The investor following thismodel doesn't rent to an
individual.
SPEAKER_01 (03:37):
They don't.
SPEAKER_00 (03:38):
No.
They enter into what's called amaster lease agreement with a
qualified nonprofitorganization.
SPEAKER_01 (03:43):
Aaron Ross Powell So
the nonprofit is your tenant?
SPEAKER_00 (03:46):
Exactly.
The nonprofit is the primarytenant.
Then they sublease the propertyto the people who actually need
the housing.
SPEAKER_01 (03:52):
Okay.
That partnership sounds like itde-risks the whole thing.
SPEAKER_00 (03:55):
It's the absolute
key.
It's critical for anyone who isseeking truly passive income.
SPEAKER_01 (04:00):
But I have to ask,
how does the nonprofit guarantee
that rent?
I mean, where does their fundingcome from?
Is it secure?
SPEAKER_00 (04:06):
That's the
million-dollar question.
And in many cases, yes, it'sgovernment-backed.
SPEAKER_01 (04:10):
Ah, okay.
SPEAKER_00 (04:11):
The tenants that
these nonprofits house, their
rent is often subsidized throughstate or federal programs.
Trevor Burrus, Jr.
SPEAKER_01 (04:17):
Like Section Eight.
SPEAKER_00 (04:18):
Could be Section
Eight.
Or state-funded waiver programstied to disability services.
SPEAKER_01 (04:23):
When the money is
linked to a government program
and paid to the nonprofit, thecash flow is way more reliable
than just relying on someone'spaycheck.
Trevor Burrus, Jr.
SPEAKER_00 (04:31):
Infinitely more
reliable.
It makes the claim of stablecash flow very, very real.
SPEAKER_01 (04:37):
Aaron Powell Okay.
But we have to address theelephant in the room.
This is still real estate.
For someone who's been out ofthe traditional workforce,
focused on home management,where does the capital come
from?
That seems like a huge barrier.
SPEAKER_00 (04:50):
Aaron Powell It's a
fundamental challenge and the
sources don't gloss over it.
SPEAKER_01 (04:53):
Right.
SPEAKER_00 (04:53):
But there are
pathways.
First, some lenders actuallyhave specialized financing for
SH projects.
SPEAKER_01 (04:59):
Why is that?
SPEAKER_00 (05:00):
Because the returns
are so stable, thanks to those
nonprofit guarantees.
Second, and this is very common,is using joint venture
partnerships.
SPEAKER_01 (05:08):
So you might bring
the managerial skills to the
table.
SPEAKER_00 (05:10):
Right.
SPEAKER_01 (05:11):
And a partner brings
the capital.
SPEAKER_00 (05:12):
Precisely.
Your ability to find a property,manage the nonprofit
relationship, and oversee theproject.
Those are assets.
SPEAKER_01 (05:22):
Those are valuable
skills in themselves.
SPEAKER_00 (05:23):
Highly valuable.
So the goal is to start with theknowledge.
You learn the landscape.
That's why resources like thejoy of helping others are so
important.
You get ready so when a capitalopportunity appears, you can
act.
SPEAKER_01 (05:37):
That's a really
important dose of reality.
You have to do the homework.
SPEAKER_00 (05:41):
You do.
SPEAKER_01 (05:41):
Which brings us to
what the sources call the aha
moment.
The idea that you already havethe marketable skills you need.
SPEAKER_00 (05:49):
This is where we
need to connect the dots, right?
SPEAKER_01 (05:51):
Yeah, because it's
easy to say managing a home
translates to business, but whatdoes that actually mean?
It's not about laundry.
SPEAKER_00 (05:57):
No, it's about
high-level executive function.
It's systems thinking.
SPEAKER_01 (06:00):
Okay, I want to
challenge that.
Give me a direct translation.
How does, say, managing atoddler's nap schedule translate
into evaluating a property?
SPEAKER_00 (06:09):
Perfect question.
Let's take budgeting.
In a home, you're managingfinite resources.
Groceries versus schoolsupplies.
In SNH, that same skilltranslates to projecting capital
expenditures, analyzing propertyreturns against compliance
costs.
SPEAKER_01 (06:25):
So you're managing a
PL for an investment property.
SPEAKER_00 (06:28):
Exactly.
A profit and loss statement.
The core skill resourceallocation under scarcity is
identical.
SPEAKER_01 (06:34):
That reframes it
completely.
SPEAKER_00 (06:36):
And scheduling and
problem solving.
That nap schedule.
That's anticipating needs andcrisis mitigation when it all
goes wrong.
SPEAKER_01 (06:43):
Which it always
does.
SPEAKER_00 (06:44):
Always.
In SH, that's vendor management.
Scheduling maintenance, makingsure inspections happen on time,
and calmly handling a burst pipeon a Saturday.
SPEAKER_01 (06:53):
You're the
operational manager of the
asset.
SPEAKER_00 (06:55):
Yes.
You are providing the stableinfrastructure that frankly many
vulnerable people lack.
You're drawing on talents you'vebeen honing for years.
SPEAKER_01 (07:02):
And this is why the
credibility of the whole
framework is so important.
SPEAKER_00 (07:06):
Absolutely.
The source material notes thatRobert Flowers firm, Flowers and
Associates, is an A plus BBBaccredited firm.
SPEAKER_01 (07:13):
Why does that detail
matter?
SPEAKER_00 (07:14):
Because you're
stepping into a regulated field.
You need partners and frameworksyou can trust.
Whether it's the firm guidingyou or the nonprofit you partner
with, it's all about standardsand compliance.
SPEAKER_01 (07:25):
Okay, so that link
between domestic skill and
business reality is the key.
You're capitalizing on yourcapacity for organized,
compassionate management.
Which leads us right into thefinal part of this dive.
The transformational emotionalreturn.
SPEAKER_00 (07:42):
This is the real
why.
SPEAKER_01 (07:43):
This is what fills
that fulfillment gap.
SPEAKER_00 (07:45):
It is.
I mean, if you only wantedpassive income, you can invest
in anything.
SNH is about purpose.
SPEAKER_01 (07:51):
It's about having a
profound emotional impact.
Trevor Burrus, Jr.
SPEAKER_00 (07:54):
It's about restoring
dignity.
So many people in need of SNHhousing disabled adults, foster
youth, they've been rejected bylandlords over and over.
SPEAKER_01 (08:02):
They feel unseen.
SPEAKER_00 (08:04):
Totally.
So when you, as the investor,provide a safe, high-quality
home through this partnership,you become part of their support
system.
SPEAKER_01 (08:12):
Aaron Powell, you're
part of their success story, not
just some anonymous landlord.
Trevor Burrus, Jr.
SPEAKER_00 (08:16):
A completely
different psychological reward.
And it also solves thatisolation problem we talked
about at the beginning.
SPEAKER_01 (08:21):
Yeah.
How so?
SPEAKER_00 (08:22):
You're reconnecting
with society in a meaningful
way.
You're engaging withcaseworkers, with community
organizations, maybe even theparents of the tenants.
SPEAKER_01 (08:31):
So you're pulled out
of that isolated cycle.
SPEAKER_00 (08:33):
Aaron Powell And
integrated into a support
network that's actuallyimproving society.
SPEAKER_01 (08:37):
The message here
feels so powerful.
You don't have to wait toreclaim your identity.
SPEAKER_00 (08:42):
You don't.
SPEAKER_01 (08:43):
You can be a mom, an
investor, a community builder,
all at once.
SPEAKER_00 (08:47):
It's about taking
the skills you already have and
maximizing them.
And the first step is alwayslearning and networking.
SPEAKER_01 (08:53):
So for anyone
listening who feels that
friction, who has these skillsand is curious, where do they
start?
SPEAKER_00 (09:00):
You start with
research, understand the
specific rules and partnershipopportunities in your local
area, and a deep dive into thefoundational material is just
essential.
SPEAKER_01 (09:10):
Which, as we've
mentioned, is Robert Flower's
book, The Joy of Helping Others,creating passive income streams
through special needs housing.
Right.
SPEAKER_00 (09:16):
It's on Amazon.
You can also find a lot moreinformation and resources at
Passive Impactbookstore.net.
SPEAKER_01 (09:22):
And for those who
are maybe ready to take a more
direct step.
SPEAKER_00 (09:26):
For direct inquiries
about partnership opportunities,
you can contact the firm at901-621-3544.
SPEAKER_01 (09:33):
That knowledge base
really is the bridge, isn't it?
SPEAKER_00 (09:35):
Aaron Powell It's
the bridge from wanting to help
to actually creating asustainable financial model that
does it.
SPEAKER_01 (09:42):
You know, we've seen
today that some of the most
overlooked skills, patience,organizational prowess, just
sheer home management can be themost financially rewarding when
you apply them to a criticalneed.
And that leaves me with onefinal question for you, the
listener, to think about.
We focused on home management,but what other invisible
strengths do you have?
Maybe it's mentorship or justdeep empathy.
(10:03):
What strengths do you possessthat, if you leverage them
correctly, could transform bothyour financial stability and
your sense of purpose in theworld?
SPEAKER_00 (10:10):
Until next time,
keep digging.