Episode 83 | The Most Difficult States to Start an Assisted Living Business

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides listeners through the complexities of launching an assisted living business, particularly in highly regulated states like California, New York, and Virginia. Brandon shares his expertise, covering topics such as the most difficult states to start an assisted living business, the impact of politics and regulations, staffing requirements, and facility codes. He provides practical strategies for navigating the lengthy licensing process and emphasizes the importance of meticulous paperwork, early application submissions, and networking with other operators. Brandon also discusses the use of AI for creating policies and procedures. 

00:00 Introduction to Assisted Living Investing

00:23 Challenges in Different States

00:51 Free Resource for Business Plan

01:20 Host's Background and Experience

02:23 Top Five Most Difficult States

04:54 California, New York, and Virginia

06:34 Understanding State Regulations

09:10 Staffing Requirements and Background Checks

10:36 Facility and Building Codes

12:03 Licensing Timeline and Process

17:02 Certification Requirements for Caregivers

17:40 Navigating Policies and Procedures

18:19 Licensing Fees and Approval Process

19:01 Challenges in Certification Timelines

20:12 Starting with Unlicensed Care Homes

21:11 Strategies for Navigating the Process

23:05 Working with Consultants and Experts

25:07 Importance of Meticulous Paperwork

25:53 Networking with Other Operators

27:52 Q&A Session

28:11 Using AI for Policies and Procedures

33:11 Conclusion and 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

Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics

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

Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5

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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