Episode 14 | How to Start an Unlicensed Care Home
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses how to start an unlicensed care home. Brandon introduces the concept of unlicensed care homes and outlines the foundational steps needed, including business planning, property selection, and funding. He highlights the key differences between licensed and unlicensed facilities, especially regarding regulations and operational procedures. The episode also provides insights into building legal structures, market research, and practical tips for aspiring care home operators. Brandon also shares resources available on the podcast's website and invites listeners to join a year-long mastermind program for in-depth support and guidance.
00:00 Introduction to the Podcast
01:30 Understanding Unlicensed Care Homes
03:20 Building the Foundation
05:08 Finding the Right Property
07:42 Securing Funding
09:41 Operating the Business
11:02 Conclusion and Next Steps
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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