GROUP HOME & SHARED HOUSING BLOG

Thinking about opening a group home? It can be one of the most rewarding businesses you will ever run. You provide safe, affordable housing for people who need it, and you build steady monthly income at the same time. I'm Felicia Edelman. I have been a California real estate attorney for 25 years, and I spent 15 years running group homes. With my husband, Uncle Dave, I built a shared housing business with 17+ homes and 200+ beds. This guide walks you through the same steps we

Do the Numbers Before You Enter Into a Contract This is a question every group home or coliving operator should answer before signing a lease or buying a property. How much you can make depends on your city's rental market, the property itself, and what it really costs to run a house with several residents. Cities like Los Angeles, New York, and Raleigh have a high cost of living, which drives up both what residents pay and what you pay. Here is how to figure out whether a pr

I Teach Your Clients If you coach group home and shared-housing operators, you already know the problem: every client needs more of you than you have to give. Your calendar is full, and the hardest questions (the legal ones, the operational ones, the ones about filling beds) take the most time. That's why I now offer coaching for coaches. You book 1 or 2 hours of coaching for your client, and I work with them directly on the issue they're stuck on. You stay their coach. I tak

Starting a shared housing business is an exciting journey. It offers a chance to create affordable living spaces while building a profitable venture. If you want to make a real impact in your community and achieve financial freedom, this guide is for you. I’ll walk you through the essential steps, share practical tips, and keep things simple and clear. Let’s dive in! Why Start a Shared Housing Business? - Online Shared Housing Startup Guide Shared housing is more than just a

Establishing house rules early on is a must

Starting a shared housing business is an exciting journey. It offers a unique opportunity to create affordable living spaces while building a profitable venture. If you want to make a real impact in your community and achieve financial freedom, this guide is for you. I’ll walk you through everything you need to know, step by step, with practical tips and encouragement. Let’s dive in! Why Start a Shared Housing Business? Shared housing is more than just a trend. It’s a solutio

Watching a client succeed in opening a shared housing business is truly the most rewarding part of coaching. Recently, I had the privilege of witnessing Romeo launch his shared living home, www.truewayhouse.org, and it has been an incredible journey from the very beginning. Romeo signed up with me in October 2025, ready but understandably uncertain about where to start. Like many aspiring operators, he quickly realized that finding the right property would test both his patie

Do you need to own the property to operate a group home?

Why Do You Need This Particular Contract? It's a must. In order to form a good relationship with your tenants, guests, licenses all parties must understand the rules of your house. My husband and I have personally rented thousands of beds in our transitional housing for men for the past ten years. I have amended, rewritten, and edited this contract/agreement to almost perfection. I can’t begin to tell you how many times in the past ten years we have had to change our original

YOUR PRIORITY IS TO FILL UP YOUR GROUP HOME!