Episode 4 | Three Paths to Starting Your Assisted Living Business
In this episode of the Assisted Living Investing Podcast, Brandon guides listeners through the three primary paths to starting an assisted living business: buying an existing business, buying and converting a home, and leasing a property. Additionally, he touches on a fourth option, building a facility from the ground up. The episode covers important considerations like licensing processes, zoning requirements, funding options, and business planning to help you decide the best route for your assisted living venture. Tune in to gain actionable advice and find out how you can achieve time and financial freedom through assisted living.
00:00 Introduction to Assisted Living Investing
00:21 Host Background and Experience
00:55 Overview of the Three Main Paths
01:58 Path 1: Buying an Existing Business
05:20 Path 2: Buying and Converting a Home
12:01 Path 3: Leasing and Converting a Home
14:22 Bonus Path: Building from the Ground Up
15:01 Choosing the Right Path for You
17:31 Conclusion and Resources
Resources Mentioned:
Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.
Get your free business plan checklist today: https://urlgeni.us/alibpc
Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind
Apply for a free strategy call today: https://urlgeni.us/alistrat
Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM
Get the 12 Week Year Book: https://amzn.to/4bAOpQf
Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg
FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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