Doing Well by Doing Good: How Andrew Tyree Turned Sober Living Homes Into a Scalable Real Estate Business
What if your next real estate investment didn't just cash flow — it changed lives?
Jeff "Fuzzy" Wenzel sits down with Andrew Tyree, co-founder of Gracious Wellsprings, a women's sober living company based in West Los Angeles that's quietly becoming one of the most compelling impact investment stories in the recovery housing space.
Andrew didn't start with a grand plan. He was a real estate agent who stumbled into a community meetup for sober living operators, found a like-minded business partner in Michael, and the two bootstrapped their way from zero to five homes — generating $6,000–$8,000 per unit in monthly cash flow — in under two years.
But what really makes this story different? The outpatient programs are now calling them. Gracious Wellsprings has built such a reputation for running professional, structured, well-managed homes that recovery programs across greater LA are actively asking them to open new locations and promising to fill them with clients on day one.
Now, Andrew and Michael are opening up their first outside investor round to fuel a goal of reaching 25 homes within 18 months — and the campaign launched to early commitments in its very first week.
In This Episode, We Cover:
- Why Andrew passed on Airbnb and Section 8 before landing on sober living
- The economics of sober living: leasing model, ROI, and per-unit cash flow
- How they picked West LA as their target market (spoiler: it's the #1 recovery city in the U.S.)
- The pivot from men's homes to an all-women's model — and why it made all the difference
- What it's like to manage a business with deeply human, unpredictable variables
- How they went from 100% referral-dependent to building organic inbound demand
- Why they voluntarily pursued state licensing and NARR certification when they didn't have to
- Andrew's vision: 5x growth, nonprofit status, and a new model for recovery housing nationwide
Why This Matters: Sober living is one of the most misunderstood and underserved sectors in both real estate and healthcare. Andrew and Michael are proving that when you run these homes like a real business — with systems, accountability, and genuine care — the demand is virtually limitless.
If you're an investor looking for cash flow with community impact, or someone in the recovery space trying to understand how housing fits into the treatment continuum, this episode is for you.
🔗 View the Gracious Wellsprings Investment Campaign: invest.fundinghope.com/offering/graciouswellsprings/details
🌐 Company Website: graciouswellsprings.com 📧 Contact Andrew: andrew@graciouswellsprings.com
This podcast is for informational purposes only and does not constitute financial or investment advice. Please conduct your own due diligence.
Hosted on Acast. See acast.com/privacy for more information.
