12 Years in Prison to Building a Thriving Sober Living Homes Business
From Adversity to Triumph: Kelly Mahana’s Journey from Prison to Entrepreneurship and Real Estate Success.

It can be hard enough for the average person to start a business, let alone an individual who has faced as many struggles as today’s guest. In this inspiring episode, Kelly Mahana takes us on an incredible journey of overcoming adversity through recovery and entrepreneurship. Growing up amidst generational poverty, Kelly faced unimaginable challenges, witnessing his father’s murder at the tender age of 5 and subsequently navigating the juvenile system from the age of 10.

At 32, after serving 12 years of a 60-year sentence, Kelly was released from prison with no support system. While working minimum wage jobs, he found solace in BiggerPockets podcasts. Motivated by what he had learned and determined to make a difference, Kelly began his mission to open a sober living home.

Kelly spent what little free time had researching requirements, drafting policies and procedures, and eventually launching his very first sober living home. But it wasn’t an easy journey. Starting with just two residents for the first three months Kelly faced his next challenge. But refusing to give in and through networking, he met mentors like Jeff White who became a crucial partner in his journey.

In this episode, Kelly highlights the difference between state-run halfway houses and private sober living homes, sharing their crucial role in maintaining structure and accountability for sustained sobriety.

Delving into the operations, Kelly explains his program’s structure, with on-site house managers and a fee structure that includes a deposit and monthly payments. Partnerships, such as the master lease, have been beneficial to both Kelly and Jeff, yielding 25% higher rents and stability through handling utility and landscaping costs. This has not only increased profits for Jeff but also ensuring a secure and well-maintained environment for residents. This is a great opportunity to be inspired and discover new possibilities in an ever-changing real estate world.

(01:38) Kelly’s Background of Generational Poverty

(11:11) Transitioning from Prison to Real Estate Investing

(25:45) How Kelly got his First Sober Living House

(33:50) Converting a House to a Sober Living Home

(40:00) Sober Living Home Rules, Expectations, and Structure

Bigger Pockets

Email Kelly Mahana: [email protected]

Analyze Before You Buy
Start Evaluating Properties Today with Our Free Toolkit
In a rapidly changing market, having the tools you need to help you analyze the data is critical. Know what the numbers will look like ahead of time so you don't buy a bad deal. Our toolkit is designed to help you thoroughly analyze any kind of deal so you can invest with confidence.
Start analyzing your Colorado investment properties today
Rental Property Spreadsheet • House Hacking Spreadsheet BRRRR Calculator Spreadsheet • Fix and Flip Deal Analyzer Investing Maps • Rehab Pricing Estimator
Start analyzing your Colorado investment properties today
Rental Property Spreadsheet • House Hacking Spreadsheet BRRRR Calculator Spreadsheet • Fix and Flip Deal Analyzer Investing Maps • Rehab Pricing Estimator
Authors
Chris Lopez
Chris Lopez is a Denver area real estate entrepreneur and investor, as well as the host of Bigger Pockets’ House Hackerz and the Denver Real Estate Investing Podcast.
Similar Post You Might Also Like
Podcasts - Denver
How to Cash Flow through House Hacking in 2024
Discover the top cash flowing strategies for house hackers in Denver with our 2024 Guide to House Hacking!
Denver
Real Estate Development from Concept to Reality | Deal Analysis
Real estate developer, Adam Fenton, joins us for an in-depth deal analysis of Narrate’s current development project, covering key aspects
Sign Up For Our Newsletter
What do you want to learn today?

All registrants get the recording sent to them automatically.