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 is an exciting opportunity to make a difference in people’s lives, but it’s important to understand the roles that keep a facility running smoothly. Two of the most important roles are the administrator and the operator. While these roles might sound similar, the...
Investing in an assisted living facility is a big decision, and an in-person tour is one of the most important steps in the process. While virtual tours are convenient, physically walking through the property gives you a deeper understanding of the facility's condition, atmosphere, and operations.
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Welcome to the Assisted Living Investing Blog. I'm Brandon Gustafson, and I own and operate two assisted living facilities. I created this blog to help people like you learn the ins and outs of assisted living.Â
In this blog, we're diving into a common question: Can a care home with just 2 or 3 ...
Thinking about building a residential assisted living facility? You're in the right place. Entering this field is rewarding but comes with unique challenges. Whether you're driven by a desire to provide great care to the elderly or to join a growing industry, this blog will be a helpful resource.
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Navigating the real estate market when investing in an assisted living facility is no small task. One of the most important decisions you'll face in this process is choosing the right professional to guide you. Should you work with a real estate agent or a broker? While these terms are often used in...
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 brokers ...
Starting an assisted living facility is challenging and rewarding, requiring careful planning and skilled supervision. From negotiating legal regulations to building a sound business plan, there are numerous essential decisions to make that will have a substantial impact on your success. Selecting t...
Starting an assisted living business requires more than just a desire to serve others—it necessitates a thorough understanding of the financial complexities that drive success. Underwriting stands out as an important factor in ensuring that your enterprise is not only interesting to investors but al...
Running a residential assisted living facility requires numerous considerations, including the reimbursement model. As a facility owner or manager, it is important to understand how different caregiving arrangements affect your finances. One common topic is whether having a live-in caregiver affects...
This blog will unravel the complexity of the assisted living industry, providing clear and concise information for both newbies and seasoned experts. Today, we'll look at a topic that many people find difficult to understand: the difference between a care home and a residential assisted living facil...
Starting a residential assisted living business is an exciting experience, but one of the most important decisions you'll have to make is selecting the correct partner. Partnerships can provide numerous benefits, ranging from shared responsibility to increased financing prospects. The right partner ...