Starting an assisted living facility is a noble and rewarding endeavor with the potential to significantly improve the lives of seniors and their families. However, the path to launching your business can be complex. One of the most important parts of the process is obtaining...
Starting an assisted living business is a rewarding adventure that allows you to provide essential care and support to individuals in need. However, starting your own business can take time and effort, especially when dealing with regulatory requirements. One of the most important tasks is...
Starting an assisted living facility is an exciting opportunity, but it also involves navigating a complex web of city regulations and procedures. Understanding how to work with local city officials is essential for a smooth and successful launch. In this blog, we'll walk you through the...
Starting an assisted living business is a rewarding investment that meets a rising demand in our communities. As people age, the demand for quality care facilities grows, making this a viable market for entrepreneurs. However, being a registered Medicaid provider ensures your assisted living...
Navigating the complexity of Medicaid and Medicare can be difficult, particularly in the context of assisted living facilities. In this blog, we will delve into the complexities of these important programs and show how they relate to assisted living. Understanding Medicaid and Medicare is vital...
Are you thinking about buying an assisted living business? If so, you're in the right place! Today, we're going to talk about something super important: building great relationships with sellers when you're buying an assisted living facility. These relationships can make a huge difference in your...
Starting an assisted living business is exciting, but there's one thing you shouldn't forget: setting up a business bank account. It might seem like a small detail, but it's super important for your success. Let's talk about why you need one and how to set it up.
Why You Need a Business Bank...
Welcome back to our series on how to underwrite an assisted living business! In Parts 1 and 2, we covered the basics of our underwriting calculator. Now, let's dive into the exciting part: looking into the future of your potential investment.
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Why Future Projections...
Welcome back! In Part 1, we talked about the basics of underwriting and how to use our calculator. Now, let's dive deeper into how this tool can help you figure out if an assisted living business is profitable.
Why Underwriting Matters in Assisted Living
When you're thinking about buying an...
Ever wondered, "Is assisted living profitable?" The answer lies in good underwriting! Today, we're going to talk about how to underwrite an assisted living business using my underwriting calculator. Don't worry if you're new to this - we'll break it down step by step.
Check out the video,...
When starting to purchase an assisted living facility, it is vital to understand how real estate agents and commercial brokers are paid. This knowledge is important because it allows you to understand the value and cost-effectiveness of working with these individuals. Real estate agents and...
Taking the leap and owning an assisted living facility is a turning point in your growth. Navigating the complexity of the commercial real estate market can be difficult, especially for individuals who are unfamiliar with the nuances. One of the most important aspects in this process is to work...
