The Assisted Living Investing Podcast

   👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I uncover the hidden risks of opening a small, unlicensed care home (2 to 6 beds) and why rushing into this model without understanding the fundamentals leads so many owners to lose thousands of dollars every month. Chapters 00:00 - Why People Want to Start Small Unlicensed Care Homes 00:46 - Cautionary Story: The Student Losing $5,000/Month 02:34 - What Does "Unlicensed" Actually Mean? 04:09 - Reason 1: Level of Care Limitations & High Resident Churn 05:44 - Reason 2: Payer Source Restrictions (Medicaid & VA Exclusions) 07:44 - Reason 3: Insurance Obstacles (Property, Liability & Workers' Comp) 10:18 - Reason 4: The Profitability Math Breakdown (W.I.F.E. Expenses Framework) 15:51 - The Vacancy Danger: How 1 Vacancy Erases All Monthly Profit 18:57 - Reason 5: Lender & Funding Challenges (DSCR Requirements) 20:22 - How to Move Forward Safely in Residential Assisted Living  💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur  

   👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I break down the real numbers and math behind small residential care facilities. Many beginner real estate investors and healthcare workers assume that opening a 5-bedroom home is the easiest way to start an assisted living business, but without proper underwriting, a small bed count can leave you breaking even or losing thousands of dollars every month. Chapters 00:00 - Is a 5-Bed Care Home Actually Profitable? 00:37 - Real-World Cautionary Story: The 6-Bed Facility Trap 02:25 - State Room Size & Square Footage Requirements (Single vs. Shared Rooms) 05:00 - The Financial Risks of Small Unlicensed Facilities  06:06 - Revenue - Expenses = Profit: The Core Financial Equation 07:11 - The 2 Key Revenue Levers: Resident Count x Monthly Rate 09:28 - Breaking Down the W.I.F.E.D. Expenses Framework (Wages, Insurance, Food, Energy, Debt) 14:43 - The Vacancy Risk: How Losing 1-2 Residents Erases All Profit 16:30 - Revenue Scenarios Compared: Single Rooms vs. Shared Rooms vs. Premium Rates 22:05 - Why You Shouldn't Run a Care Home Like a Charity  💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur  

 👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I break down the 5 types of homes you should NEVER buy for residential assisted living and explain why rushing into the wrong real estate decision causes major operational nightmares. Chapters 00:00 - The Biggest Real Estate Mistakes in Assisted Living 00:57 - Type 1: Multi-Level Homes & Stair Pitfalls 04:45 - Type 2: Homes with Too Few Bedrooms (The 4-Bedroom Math Trap) 05:32 - The "W.I.F.E." Expense Framework Explained 08:05 - Type 3: Homeowners Associations (HOAs) & Bylaw Headaches 10:30 - Type 4: Unlicensed Facilities (Why It’s NOT the Easy Route) 13:32 - Type 5: Homes in Oversaturated Markets 15:05 - The 3 P's of Market Research: People, Places & Positioning 17:00 - Key Takeaways to Guarantee Your Facility’s Success  💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur  

     👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I walk through the reality of buying an existing residential care home, the operational pitfalls to look out for, and how to avoid costly trial-and-error mistakes when launching your facility. Chapters 00:00 - Why Buying My First Assisted Living Facility Was a “Mistake” 00:34 - How I Found & Bought an Existing Facility in 5 Months 02:28 - The Focus-Clarity Quadrant Matrix Explained 03:10 - The Overwhelmed Zone vs. The Research Zone (Analysis Paralysis) 04:36 - The Hustle Zone: Moving Fast & Making Costly Mistakes 06:24 - The Focus Zone & The F.O.C.U.S. Acronym Framework 08:30 - What Went Wrong: Old Properties, Steep Stairs & Staffing Challenges 12:55 - Being Reactionary vs. Being Strategic in Real Estate 16:00 - The 3 Foundational Pillars: Business Plan, Market Research & Underwriting 17:34 - Scaling to Idaho: Closing Our Next Facility in 4 Months 20:00 - Key Takeaways & How to Find Where You Are on the Quadrant  💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur  

   👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I pull back the curtain on the day-to-day operations of owning an Assisted Living home. I break down the 3 Hats of Assisted Living Ownership, how I manage facilities remotely from out of state, the essential staffing structure you need, and how to transition from an active operator to a strategic owner! Chapters 00:00 - What Does Owning an Assisted Living Facility REALLY Look Like? 01:35 - What Out-of-State Passive Owners Do Daily 03:38 - The 3 Hats: Owner, Operator, & Administrator 05:05 - Understanding Care Home Staffing (MedTechs vs. Caregivers) 06:20 - Core Staff vs. Optional Roles (Do You Need a Full-Time Chef?) 08:20 - Administrator Duties vs. Owner Duties 10:40 - How & When to Make Your Business Hands-Off 13:25 - Operational Surprises: How to Handle Unexpected Emergencies 15:05 - Which Hat Will YOU Wear?  💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur