Welcome to "Assisted Living Investing," the ultimate podcast dedicated to helping you thrive in the world of Assisted Living investments. Join your host, Brett Chotkevys, as he shares his expertise and insights into the lucrative realm of assisted living. In each episode, Brett delves deep into the strategies, challenges, and opportunities of investing in Memory Care Mansions. Whether you're a seasoned investor or new to the industry, this podcast offers invaluable guidance and practical adv ...
…
continue reading
Welcome to the Assisted Living Network, presented by RAL Academy, a podcast designed to help you discover how to successfully invest in the booming Residential Assisted Living market. If you're a real estate investor, you know how hard it is to find a profitable and fulfilling strategy in today's market. Methods of generating revenue that worked 10 years ago, don’t work today. Are you tired of low cash flow, high maintenance, and unhappy tenants? Do you wish you could make a difference in th ...
…
continue reading
There are (2) two special, and very lucrative business models that have presented themselves to average people with a passion for caring and a will to generate wealth. The first being Home Care - The 20 Billion Dollar industry opportunity right next door. The second opportunity is in Residential Assisted Living. The average in America today is $3,750 per month for a private room in assisted living. We will discuss how average Americans can take advantage of this growing opportunity.
…
continue reading
Intended for adults born 1955-1975, who have elder parents. Learn the questions to ask from the professionals, researchers and the institutions to make an informed decision for your loved ones. Visit www.homestretch101.com for more.
…
continue reading
1
How To Buy Land To Build Your Own Assisted Living! - Learn How To Start A Luxury Assisted Living! - Ep 48
18:13
18:13
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
18:13
In this episode of Assisted Living Investing, we're answering the big question: How do you find the right piece of land for your assisted living project? We'll explore the best strategies for purchasing different types of land that you can build your Assisted Living on . If you're wondering how to pick the perfect spot to build your dream project, …
…
continue reading
1
Are You Leaving Your Kids Burdens? Pass on the Blessings!
5:06
5:06
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
5:06
Did you know that a staggering 70% of family businesses fail when passed to the next generation? For the millions of baby boomers grappling with housing and elder care concerns, this is a daunting reality. But what if there was a solution that could provide significant income, care for loved ones, and secure your legacy? In this episode, we'll dive…
…
continue reading
1
What Are The Biggest Challenges In Assisted Living? - How To Overcome Obstacles To Open Up Your Assisted Living! - Ep 47
35:01
35:01
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
35:01
Ever wondered what it really takes to manage a successful Assisted Living Business? Feeling nervous about starting your own life-changing deal? In this episode of Assisted Living Investing, I’m chatting with my wife and business partner, Laura, about just that. We talk about overcoming initial fears, the importance of mindset, and how to handle the…
…
continue reading
1
Can I Utilize Hospice in My Care Home?
5:03
5:03
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
5:03
Have you considered working with hospice agents to connect with residents to fill your home? In today's episode, we'll be discussing hospice care and how it can benefit both seniors and assisted living homeowners. We'll explore what hospice is, where it can be provided, who pays for it, and how assisted living homeowners can build relationships wit…
…
continue reading
1
How To Find Investors For Your Assisted Living! - The Key To Raising Money! - Ep 46
18:44
18:44
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
18:44
In this episode of Assisted Living Investing, I talk about investors for your Assisted Living business. I break down the two types of investors, how to approach them, and the best ways to impress them. The first question I answer is: what are the two types of people that can be potential investors? Depending on what kind of person they are, how do …
…
continue reading
1
The Fastest Way to a Waiting List for Your Care Home- MARKETING
15:19
15:19
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
15:19
Wondering how to fill your residential assisted living beds quickly - and keep them full? In this episode of the Assisted Living Network podcast, we're sharing top strategies for marketing your RAL home. With 76 million baby boomers facing housing dilemmas, opening a RAL home presents a tremendous opportunity... if you know how to get the word out.…
…
continue reading
1
Build A New Construction or Buy A Home - Which Is Better For Assisted Living? - Ep 45
19:46
19:46
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
19:46
In this episode of Assisted Living Investing, I discuss New Construction vs. Buying an Existing Home. When starting an assisted living facility, which option is better? I have had success with both, and each comes with its unique pros and cons. When comparing New Construction Assisted Living to Remodeling an Existing Home, I use six metrics to asse…
…
continue reading
1
Top 3 Ways to Fund Your Residential Assisted Living Home
8:27
8:27
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
8:27
"Using your own money for investment is a lazy approach." That is the sentiment of famed author and businessman, Robert Kiyosaki. In this episode, we'll dive into the importance of using other people's money (OPM) to fund your assisted living ventures and why relying solely on your own resources can be a lazy approach. Listen as we discuss three ke…
…
continue reading
1
Where Should You Build Your Assisted Living? - Strategies For Building In A Competitive Market - Ep 44
19:12
19:12
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
19:12
In this episode, I discuss choosing the location for your Assisted Living. Whether you're operating a Residential Assisted Living (RAL) or a larger facility, one of the most crucial aspects of a successful Assisted Living is its location. It's essential to see if there's a viable market for your Assisted Living in the desired area before proceeding…
…
continue reading
The housing dilemma facing the 76 million aging baby boomers is creating new opportunities in residential assisted living facilities. In this episode, we’ll discuss the pros and cons of having live-in caregivers to help inform the staffing decisions for your own assisted living home. We will explore various perspectives on managing this unique empl…
…
continue reading
1
How To Find The Right Partners For Your Assisted Living: Creating The Dream Team Of Investors! - Ep 43
19:13
19:13
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
19:13
In this episode of Assisted Living Investing, I talk about the team you should assemble in order to make your Assisted Living business possible. I’ve heard multiple people in this industry say they don’t want a partner because they want to own 100% of the business. I’m here to tell you that train of thought is flawed. Having a team makes pursuing…
…
continue reading
Should assisted living homes allow seniors to bring their pets? In this episode of the Assisted Living Network podcast, we're exploring an interesting question. Pets can provide comfort and emotional support for older adults, but they also come with some practical challenges in a care home environment. We'll weigh the pros and cons so you can make …
…
continue reading
1
How You Can Have The Best Assisted Living Business! - Learn The Three P’s! - Ep 42
12:54
12:54
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
12:54
In this episode, we break down what makes an Assisted Living business successful. This allows me to pay more than the industry standard to my caregivers, make $40,000 a month, and only work a few hours a week. This is because of my Three P’s. In this episode, I talk about the Product, Process, and People that go into an Assisted Living and how thes…
…
continue reading
1
How COVID-19 Helped Us Grow Our Senior Housing Business!
7:28
7:28
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
7:28
The COVID-19 pandemic reshaped many industries, but one of the most profoundly impacted was senior and assisted living facilities. In this episode, we discuss the effects of the pandemic on big-box facilities versus smaller residential assisted living (RAL) homes and what that means for residents and investors today. As the virus spread rapidly thr…
…
continue reading
1
Turning Your Home Into An Assisted Living! - How To Convert Your Home Into A Memory Care Mansion - Ep 41
28:29
28:29
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
28:29
In this episode, I break down converting your home into an Assisted Living. This is something I’m sure we’ve all heard about before, people converting their garage into a bedroom and having a 6-bed Residential Assisted Living. However, I don’t think the small RAL really works anymore. You can’t have a ton of profit running a small RAL, you will be …
…
continue reading
1
Why Our Homes Are Better Than Theirs
6:58
6:58
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
6:58
Did you know there are no mandated staffing ratios in the assisted living industry? Concerned? You should be. In this episode, we discuss why resident-to-staff ratios are central to providing high-quality care and provide some insights into appropriate and recommended ratios for smaller residential assisted living homes. In many typical big-box ass…
…
continue reading
1
A MASSIVE Loan For Your Assisted Living! How I Signed 1800 Page Loan Docs! - Ep 40
13:55
13:55
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
13:55
In this episode of Assisted Living Investing, I talk about securing a substantial loan for my Assisted Living Memory Care Mansion. Raising capital is something I am both very experienced in and passionate about. I break down the largest loan he has ever taken, which required me to sign 1,800 page loan docs! I discussed the three loans he acquired f…
…
continue reading
1
Should You Quit Your Job to Take Care of Mom?!
6:39
6:39
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
6:39
With 10,000 baby boomers turning 65 every day, many families are facing difficult decisions about eldercare. Is it cruel to move your loved one out of their home into an assisted living facility? In this episode, we’ll explore the compassionate and practical reasons why you want to consider this option. Most dual-income households simply cannot aff…
…
continue reading
1
My Builder Quit! - How To Recover From Setbacks When Building An Assisted Living - Ep 39
12:49
12:49
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
12:49
In this episode, Brett talks about his new construction for his Assisted Living Memory Care Mansion Neighborhood! Brett always says the best way to learn is through mistakes. That is no different here. After Brett put tens of thousands of dollars and months of work into it, his builder sold the project at the last minute to another builder with no …
…
continue reading
1
4 Ways to Get Started in Residential Assisted Living
9:31
9:31
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
9:31
Are you considering opening a Residential Assisted Living home but not sure where to start or how long it will take to get up and running? Good news! In today's episode, we’re diving into the nitty gritty of timelines and preparation methods for getting a residential assisted living facility up and running. There are four viable options, each with …
…
continue reading
1
Everything You Need To Know About Licenses For Assisted Living! - Interview With Texas Commissioner! - Ep 38
24:30
24:30
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
24:30
In this special episode of Assisted Living Investing, Brett Chotkevys is joined by John Darby who is the Executive Director of TORCH. Together they interview the Associate Commissioner of Long Term Care Regulatory, Michelle Dionne-Vahalik. Essentially, Michelle runs the show here for Texas Licensure. Brett and John interviewed Michelle so they coul…
…
continue reading
1
Save Yourself From $50k in Mistakes
6:43
6:43
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
6:43
Have you considered opening your own assisted living facility? With over 76 million baby boomers in need of senior housing, it can be an incredibly lucrative move. However, costly mistakes in the startup process could derail your plans and rapidly drain your funds. In today's episode, we reveal some inside tips on the most common costly mistakes ma…
…
continue reading
1
How To Train Your Managers For Your Assisted Living! - Gain Financial Freedom Through Our Management System! - Ep 37
23:59
23:59
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
23:59
In this episode, Brett Chotkevys talks about training your managers for your Assisted Living. As he’s talked about in previous episodes, his managers are one of the most important components of his business model. By having a two-manager system, Brett ensures that he never has to deal with the day-to-day work in his Memory Care Mansion. In fact, Br…
…
continue reading
1
What’s the Difference Between Memory Care and Residential Assisted Living?
8:47
8:47
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
8:47
Deciding if your loved one needs more advanced memory care can be an incredibly difficult decision. In today's episode, we’ll break down the key differences between assisted living and memory care to help you determine what level of care may be required. We’ll also provide some telltale signs that it may be time to transition to memory care and tip…
…
continue reading
1
Kicking Residents Out Of Your Assisted Living! - The Process and Steps To Do It Right - Ep 36
26:59
26:59
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
26:59
In this episode of Assisted Living Investing, Brett Chotkevys brings his wife, Laura, onto the show! Laura handles a lot of the operations at their Memory Care Mansion. Because of that, Brett thought it would be beneficial to have her on the show to talk about a very tough issue when running an assisted living. The issue is when you have to kick ou…
…
continue reading
1
How To Hire The PERFECT Chef For Your Assisted Living! - Full Hiring Process Walkthrough - Ep 35
20:13
20:13
נגן מאוחר יותר
נגן מאוחר יותר
רשימות
לייק
אהבתי
20:13
In this episode, Brett Chotkevys talks about hiring the perfect chef for your Assisted Living. A chef is an extremely vital part of any Assisted Living community. When you hear about the next big-boxed facilities, one of the most common complaints is how bad the food is. That is the pain point that Brett wanted to solve. As Brett always says, the b…
…
continue reading