Episode 20 | How to Find the Right Property for Assisted Living
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides listeners on how to find the perfect property for an assisted living business. The discussion covers building a solid foundation, identifying criteria such as the number of beds and types of care, and conducting thorough market research. Brandon emphasizes the importance of choosing between purchasing an existing facility or converting a home, and provides resources like business planning guides and profit path analysis tools. He also touches on the significance of understanding zoning laws, the benefits of working with commercial brokers and real estate agents, and the need to cultivate patience and persistence in the search process. Listeners are encouraged to utilize available tools and build relationships to find the best opportunities for their assisted living ventures.
00:00 Welcome to the Assisted Living Investing Podcast
00:23 Introduction to Finding the Right Property
01:09 Building Your Business Foundation
03:37 Choosing the Type of Property
07:25 Navigating Zoning and Regulations
08:31 Market Research and Resources
10:40 Leveraging Relationships and Patience
14:47 Q&A and Final Thoughts
23:41 Conclusion and Next Step
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 the Mastermind today: alimastermind.com/application
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
Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink
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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