Posted by Scott L. on February 06, 2005 at 15:58:55:
I’m a homecare agency owner. We provide caregivers to work with the elderly and disabled. We conduct our work in regular homes, MHs, nursing homes, assisted living facilities, etc. In our area, there’s a tremendous amount of demand for low-income housing and quality care for seniors. Foster homes are hit and miss at best.
I like the idea of renting out used MH rooms to seniors and then have my agency provide care throughout the day. I would own the used MH and provide the care for a price much less than a foster home could. I’ll probably start with one MH to test the idea. This idea would be for a very specifici target market. Low-income elderly on fixed incomes. Please remember that we’re fully insured, licensed and bonded for the homecare agency and are professionals at this type of work. Most people on this board wouldn’t have our experience or credentials to attempt this. The margins, however, could be excellent. I would look at purchasing my own land in the long run and placing mobile homes on it and rent those rooms to seniors. That being said, any thoughts by anyone on the board regarding this concept? Probably a little different that what everyone is used to.
Respectfully,
Scott L.