Episode 23 | How to Create a Lease Agreement with an Operator for a Residential Assisted Living Facility
In this episode, Brandon Gustafson guides beginners on how to create a lease agreement with an operator for an assisted living facility. He discusses the importance of a lease agreement, which outlines responsibilities and protections for both landlords and operators. Brandon advises viewers to consult an attorney to ensure compliance with state laws. He also highlights necessary lease components like insurance requirements and signatures. The video offers a free lease agreement template and emphasizes the value of using additional resources such as an underwriting calculator and a business planning guide.
00:00 Introduction to Assisted Living Business
00:23 Free Resources for Your Assisted Living Business
00:36 Understanding Lease Agreements
01:46 Creating a Lease Agreement
03:38 Legal Considerations and Resources
04:20 Who Creates the Lease Agreement?
06:36 Key Elements of a Lease Agreement
08:56 Conclusion and Additional 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 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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