Episode 43 | How to Start an Assisted Living Home for Veterans

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares in-depth knowledge on starting and managing assisted living homes for veterans. Drawing from his extensive experience in the healthcare industry, Brandon addresses complexities such as working with the VA, supporting an aging veteran population, and providing essential mobility and mental health assistance. Discussions cover key VA benefits like Aid and Attendance (A&A) and Housebound, alongside strategies for navigating them annually. The episode offers tips on securing grants, avoiding scams, and leveraging resources from veteran-focused nonprofits and local organizations. Emphasis is placed on collaboration with Veteran Service Organizations (VSOs), understanding funding routes, and meeting zoning and regulatory requirements. 

00:00 Introduction to Assisted Living Investing
00:16 Starting an Assisted Living Home for Veterans
01:15 Host Background and Expertise
03:09 Understanding the Veteran Population
05:31 VA Benefits for Assisted Living
10:04 Eligibility Criteria for VA Benefits
11:57 Setting Up Your Home for Veterans
14:36 Funding Your Veteran Assisted Living Home
18:51 Navigating the VA Benefits Application Process
19:18 Collaborating with Veterans Service Organizations (VSOs)
21:04 Combining VA Benefits with Medicaid
21:54 Nonprofit Organizations Offering Grants for Veterans
23:54 Engaging with the Assisted Living Investing Community
25:10 Q&A: Connecting with Caseworkers and Veterans
26:41 Q&A: Specializing in Veteran Housing
30:48 Q&A: Buying Real Estate for Assisted Living in California
34:55 Q&A: VA Credentials and Billing Process
36:53 Conclusion and Final Thoughts

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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