Helping Beginners Launch Their Assisted Living Business in the Next 12 Months
Are You Missing Out on One of the Best Real Estate Investments?
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Do you have a lack of understanding around assisted living?
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Does the healthcare industry scare you?
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Is residential assisted living really as profitable as it sounds?
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Can I turn my home into an assisted living facility?
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Is a residential assisted living facility better than a large commercial facility?
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How do I get funding to start an assisted living facility?
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Can I keep my beds full at my assisted living facility?
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How do I staff and manage my assisted living facility?
Helping You Learn How to Launch Your Assisted Living Business in 12 Months!
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Create a solid business plan
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Find the property
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Get the funding
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Obtain the facility license
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Run and scale your business
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Who the key players are that you need to know to get started, and how to interact with them
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Types of funding and how to obtain it
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Understanding local rules and regulations
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How to get a facility up to code
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How to underwrite a facility and create a financial model
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How to build a useful and sustainable business plan
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How to stay on task, track your progress, and create KPIs
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How to staff your facility
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How to obtain your facility license and other licenses
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How to help you identify what type of resident to serve
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The SBA funding process and how to close
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How to operate your facility
You Deserve Somebody Who Cares
Are you intrigued by the idea of investing in assisted living, but the rules and regulations seem confusing? Are you wondering how you’ll fund the purchase of an assisted living facility? I’ve been there!
In 2020, I figured out the process for myself, I documented that process as I bought two assisted living facilities, and now I want to help you go through the process so you can determine if assisted living is the right fit for your investing goals.
Get Your FREE CalculatorWelcome to Assisted Living Investing
At Assisted Living Investing, we know that you want to be an owner of your own assisted living facility. In order to do that, you need a coach, somebody who’s done it before, to teach you how to get started. The problem is all the resources you find online are to help you once you’re up and running, not teach you how to get started, which makes you feel helpless and scared that you will never figure out if you can do this. We believe you can do it, and you can figure this out and get your own facility up and running in the next year. We understand how it feels not to know how to get started investing in assisted living. We’ve been there, which is why we have created Assisted Living Investing and our year-long Mastermind program to give you all the information you need (building a business plan, finding the property, getting the funding, obtaining the license, and launching and scaling the business) to get started.
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Here’s how we do it:
- Join the Mastermind program.
- Participate in the Mastermind (participate in the virtual courses on your own time and join in on group calls to get your questions answered).
- Launch and Scale Your Business.
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And in the meantime, get our free underwriting calculator to help you get familiar with some of the financials of running your own assisted living facility. So you can stop feeling hopeless and scared about the assisted living industry and instead feel empowered, knowing you can do this!
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Are you scared that you don’t understand enough about assisted living, and that’s holding you back? Our year-long mastermind will help you build a base by getting your business plan created, then helping you find the right property, getting the funding, obtaining the license, and launching and scaling your business. The online courses also have action items each week to help you progress and get some quick wins.
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Does the healthcare industry as a whole scare you? Brandon Gustafson has a master’s in healthcare administration and has worked in healthcare since 2011. He’s also taught courses on healthcare management at the University of Utah to graduate-level students. He will walk you through the industry and share his knowledge.
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Is residential assisted living as profitable as it sounds? As with all things, it depends. It absolutely can be if you know what you’re doing and can set things up correctly! In the course, we share some of the tricks we’ve learned through the process, and some of the hiccups we ran into getting our facility started so you can learn from our mistakes and get to profitability quickly.
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Can I turn my home into an assisted living facility? In the program, we go over how you can determine if this is a viable option for you, who you should talk to at the municipality and state levels, and why you should or shouldn’t turn your home into an assisted living facility.
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Is a residential assisted living facility better than a commercial assisted living facility? This also depends. What are your investment goals, and what type of facility and business are you comfortable operating? In the course, we get into the pros and cons of each type of facility, the classification of the different types of facilities, and why you might choose one type over another.
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How do I get funding to start an assisted living facility? There are several options for funding an assisted living facility. Whether you want to go the conventional route, get an SBA loan, or use some non-traditional funding methods, the course will cover each option and help you determine which is right for you and how to go about having conversations with lenders to help you get the funds you need to get your facility up and running and generating income quickly.
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Can I keep my beds full at my assisted living facility? Obviously, you’ll need residents in your facility to generate income. I’ll share my experience with keeping my facilities occupied (it’s much easier than you think). We’ll also share how to maximize your income for each resident in your facility, including some tricks for Medicaid residents that can help you get full fast and generate income quickly. You absolutely can get your facility full quickly, and our course helps you learn how to do that.
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How do I staff and manage my assisted living facility? Staffing is one of the most difficult parts of running an assisted living facility; your staff’s high turnover rate in this industry can be scary. In our course, we lay out strategies for retaining staff (incentives, building a culture, and providing proper training) to help reduce your staffing turnover rates and help you succeed. We’ll share some horror stories to so you know the worst-case scenario going into it, which will give you peace of mind that you can make it work.
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Brandon Gustafson created Assisted Living Investing to help beginners launch their assisted living business in 12 months. Brandon started his Assisted Living Investing journey in 2020 and now owns and operates two facilities. He has developed the Assisted Living Investing coaching program to share everything he’s learned through the process so you can also successfully invest in assisted living!Â
With multiple coaching options, you can choose the one that best meets your needs and learning style while also getting access to the ever-increasing catalog of Assisted Living Investing resources which will help reduce the time to get you up and running and profitable as quickly as possible.