Episode 38 | What is the Best Market for Assisted Living
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through launching their assisted living business within a year. Brandon emphasizes the importance of building a strong business foundation and provides insights on selecting the best market for your facility. Key topics covered include market research to avoid oversaturation, identifying desirable living areas, and the need to follow population trends. He also introduces valuable tools like the business planning guide and underwriting calculator to facilitate the investment process. Tune in for comprehensive strategies to achieve time and financial freedom through assisted living investments.
00:00 Introduction to Assisted Living Investing
00:26 Building a Strong Business Foundation
01:25 The Importance of Market Research
02:06 Evaluating Market Saturation
04:21 Choosing the Right Location
05:58 Business Planning Guide and Tools
06:55 State and City Research Criteria
08:52 Key Market Research Criteria
10:32 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 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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