Finding new residents is one of the biggest challenges in running an assisted living facility. If you’re just starting out, you might wonder—should I use a placement agency to help fill my beds?
Placement agencies can connect you with families searching for assisted living options, but they also co...
As an assisted living facility owner or manager, you've probably heard of ACH, or Automated Clearing House. But do you know how it can transform the way you manage your facility’s finances? ACH is an electronic payment network that makes transferring money between banks simple, fast, and cost-effect...
Starting your journey into assisted living investing can be both exciting and challenging. One of the crucial decisions you’ll face is whether to operate a licensed or unlicensed assisted living facility, each with distinct advantages and disadvantages.
Licensed facilities adhere to strict state re...
Running a residential assisted living (RAL) facility comes with many decisions, and one of the trickiest is figuring out how to compensate your caregivers fairly. A common question is: Should overnight caregivers earn more than daytime staff?
Let’s break it down by looking at the roles, challenges,...
If you're planning to rent or lease an assisted living facility, you need the right lease agreement in place. A good lease makes sure everyone is on the same page—from how much rent is due to who fixes the leaky faucet!
This guide will break it all down in a simple, easy-to-understand way so you ca...
Starting a residential assisted living (RAL) business is an exciting journey, but understanding how residents will pay for their care is key to your success. Payment options can be a little tricky to navigate, so let’s break it down into three main methods: private pay, Medicaid, and long-term care ...
Are you prepared to embark on your journey in the dynamic world of the assisted living industry? If you’ve been looking for practical and actionable guidance on kick-start your career in this rewarding field, you’ve come to the right place. At Assisted Living Investing, we provide a wealth of inform...
Starting an assisted living business is an exciting and rewarding journey. But let’s face it—launching your dream facility often requires significant funding, and the idea of securing $1 million or more can feel overwhelming. The good news? With a solid plan and strategic approach, you can make it h...
Starting an assisted living business can feel overwhelming, but don’t worry—breaking it down into simple steps makes it manageable and achievable! By following these five key phases, you’ll build a strong foundation, find the right property, secure funding, get licensed, and launch successfully.
Ch...
Starting your own assisted living business is exciting, but there’s a big decision you need to make right away: Should you buy an existing facility or convert a home into an assisted living space? Both options have their benefits and challenges. Let’s break them down so you can make the best choice ...
Running a residential assisted living facility is all about balance—caring for your residents while also supporting the caregivers who make it all happen. Offering great benefits to your staff is one of the best ways to keep your team happy, motivated, and dedicated.
In this blog, we’ll dive into w...
Managing Medicaid payments is a vital part of running a successful assisted living facility. These payments keep your operations running, ensuring you can provide top-quality care to your residents. One of the easiest ways to streamline your facility’s finances is by setting up direct deposits for M...
