Private money can be a vital funding source for your assisted living business. When you leverage private money, you receive funds from private individuals or groups willing to invest in your venture. For instance, private lenders might offer interest-only loans for a short term, typically 12-18...
Hello everyone, Brandon Gustafson here. Owning and operating two assisted living facilities has given me firsthand insight into the multifaceted role of a facility administrator. Today, I want to take you through a typical day for an administrator and the essential tasks they handle, which...
Starting an assisted living business can be fulfilling and profitable, but it requires meticulous planning and preparation. Creating a comprehensive business plan is one of the most crucial steps in launching your assisted living business. In this blog post, we'll guide you through writing a...
Today, I'll be discussing a crucial topic for aspiring assisted living facility owners: How much does it cost to start your own assisted living business? You're in the right place if you're eager to achieve financial freedom through this venture.
Options for Starting an Assisted...
Navigating the complex terrain of securing grants for assisted living facilities can be daunting. However, with the right approach and resources, it is entirely feasible. In this blog, we'll explore the insights shared by Brandon Gustafson, an experienced professional in the nonprofit and...
Medicaid can be a vital revenue source for your assisted living facility. When you have Medicaid residents, you receive payments from different channels, primarily through a daily rate and a resident's Social Security contribution. For instance, you might receive around $100 per day per resident...
Are you contemplating venturing into the residential assisted living industry? If yes, understanding the startup costs involved is crucial. Brandon Gustafson, an experienced owner of two assisted living facilities and the founder of Assisted Living Investing explains what you can expect...
Introduction
Hello everyone, Brandon Gustafson here, and welcome to my latest blog post on Assisted Living Investing. You're in the right place if you're as passionate about healthcare and real estate as I am! Today, I want to share my journey into assisted living investments, the challenges I've...
Hi! I’m Brandon
I’ve worked in the healthcare industry for over a decade. Throughout my professional career, I’ve gained a lot of experience working in the health system, including time as a CNA, medical billing, and working with Government Programs (think Medicare and...
