DiscoverLiving Off Rentals#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys
#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys

#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys

Update: 2025-06-18
Share

Description

Joining us in this episode of Living Off Rentals is someone who is redefining the way investors think about real estate—and doing it in one of the country's most needed and profitable niches.

Brett Chotkevys is the co-founder of Platinum Assisted Living Luxury and the creator of a revolutionary assisted living mansion model that blends top-tier residential luxury with world-class elder care. After flipping 200+ homes, Brett transitioned to developing 16-bed luxury assisted living homes that generate $40,000 in monthly net income per facility.

In this episode, Brett explains how assisted living became the next big opportunity for real estate investors, what sets his model apart, and how he helps others do the same—even with no prior medical background. If you’ve ever considered blending real estate, business, and purpose, you’ll want to hear this conversation.

Enjoy the show!

Key Takeaways:

[00:00 ] Introducing Brett Chotkevys and his real estate background
[03:10 ] Transitioning from house flipping to assisted living
[07:03 ] Some of the lessons Brent learned from the flipping experience
[10:20 ] Creating the “Assisted Living Mansion” model
[14:42 ] Licensing and zoning considerations by state
[17:17 ] Assisted Living is different from a hospice house
[20:11 ] What it costs to build and how SBA loans make it possible
[26:52 ] The team, staffing, and operations behind the scenes
[35:14 ] Marketing: How to keep a waitlist of residents
[36:31 ] The Strategic 20
[40:36 ] Brett’s blueprint for those interested in getting started
[43:28 ] Connect with Brett Chotkevys

Guest Links:

Website:  https://www.assistedlivingmansion.com/ 
Instagram: https://www.instagram.com/assistedlivingmansion/ 

Show Links:

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 
Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast 
Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals 
Living Off Rentals Website – https://www.livingoffrentals.com/ 
Living Off Rentals Instagram – instagram.com/livingoffrentals 
Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys

#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys

Kirby Atwell