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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 ...
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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 ...
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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.
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Ready to invest in assisted living? In this step-by-step guide, Brett Chotkevys outlines 4 critical steps for starting your own Residential Assisted Living (RAL) facility. Learn how to research and choose the best properties using Zillow and LoopNet, understand local zoning and building regulations by working with city officials, and explore financ…
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Are you ready to avoid costly mistakes and ensure your success in the residential assisted living industry? Join Isabelle as she uncovers the top three mistakes to avoid when opening your first residential assisted living home; mistakes that could cost you your entire business. These errors have led to devastating consequences, including financial …
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Welcome to Assisted Living Investing with host Brett Chotkevys! In this episode, learn how to boost profits in your assisted living business by making smart investments in furniture, design, and décor. Want to know how luxury upgrades can increase revenue and attract higher-paying residents? We’ve got the insights you need. Discover why cutting cor…
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Are you curious about how to achieve financial freedom and minimal work hours in the residential assisted living industry? In today’s episode, we're unveiling the secrets to being hands-off while ensuring your business thrives. Isabelle shares two key strategies for becoming a hands-off owner while still maintaining cash flow. Let's dive in and dis…
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Looking to make more money for your assisted living business using social media? Wondering how to boost occupancy rates and even build a waitlist without adding extra overhead costs? In this episode, we break down the exact strategies that have helped us increase profit and gain time freedom through a simple, consistent social media posting system.…
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Are you ready to uncover the secrets to thriving in the residential assisted living industry? We're diving into the critical demographics and care needs of your ideal residents. But this isn't a Golden Girls scenario; these seniors are moving in because they require essential care and support and today we'll discuss the various care options availab…
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What’s up, Mansion Builders! In today’s episode of Assisted Living Investing, I want to get into a major trap that many entrepreneurs fall into—becoming a hostage to their business. When we first opened our assisted living, I found myself trapped in the day-to-day operations, sacrificing my time freedom. But here’s the deal: making great money on p…
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Can I run a residential assisted living business remotely? Join us as Isabelle explores the exciting possibilities of owning a residential assisted living home remotely. We'll discuss how to live where you want while investing where it makes sense, leveraging technology and systems to manage your business from afar. Isabelle highlights the process …
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Hey, Mansion Builders! In this episode, I’m getting into the number one thing you absolutely need to do before opening your assisted living. So, what’s the first step to ensure you hit the ground running and even hit profitability in your first month? Well, we’re about four months out from completing our neighborhood of mansions, and I’m going to g…
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What are the best states to run a residential assisted living home and business? Today we're exploring a crucial question for anyone interested in starting a residential assisted living home: What are the best states to do this in? With the growing number of baby boomers needing housing, there’s a significant opportunity for RAL entrepreneurs. We'l…
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I'm sharing a big shift in my real estate journey—why I'm selling off all my single-family rentals. Have you ever wondered if there’s a better way to achieve financial freedom faster? In this video, I’ll walk you through why I'm moving away from single-family homes and diving headfirst into a new, more scalable asset class: luxury assisted living. …
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How can I find the right residents for my home? Today’s episode features the essential steps in vetting potential residents for your residential assisted living (RAL) home. We'll explore the interview process, the importance of references, and the role of family dynamics in making informed decisions. These key areas will help you make informed deci…
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Are you tired of seeing your business dreams dying out before they even take off? Ever wonder why your last big idea or attempt at financial freedom didn't pan out the way you hoped? In this episode, I get into the emotional cycle of change—a pattern that many entrepreneurs face but few overcome. What happens when that initial excitement turns into…
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In this episode, Isabelle highlights that most good residential assisted living (RAL) deals are off-market. Soooooo, how do we find them? We'll explore the power of building relationships, the importance of sensitivity in negotiations, and the secrets to securing the best deals. Listen in to hear stories from real students who faced real challenges…
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How do I work 4 hours a week through investing? How do you transition from working 40 hours a week to just four? In this video, we explore the steps to reach ultimate time freedom through efficient business management. Discover how you can build a system that allows you to focus on your family, travel the world, and still maintain a profitable busi…
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Does location matter when starting or purchasing an assisted living home? The short answer, yes! Today, we're diving into one of the most critical aspects of starting a successful residential assisted living home—location, location, location. With 76 million baby boomers in the U.S. facing housing dilemmas, this episode is packed with insights on w…
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Are you wondering how to achieve financial freedom through real estate investing? What are the best strategies for entering the assisted living industry? In this video, I break down the methods and steps you need to take to reach your financial goals. Should you start small with a six-bed residential assisted living (RAL), or aim for a larger, more…
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How much money can a single family home bring in every month? Isabelle unveils her strategy for transforming a single-family home into a thriving residential assisted living facility. Discover how Isabelle generates $10,000 per month from a luxury home in Arizona! This isn't just about financial success—it's about creating a supportive environment …
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Why is the Residential Assisted Living (RAL) model struggling? How has inflation impacted the profitability of small home conversions? In this episode of Assisted Living Investing, I explain why the RAL model is dead and how you can adapt to these changes. I discuss the challenges faced by the RAL industry post-COVID. Why have staffing costs increa…
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In today's episode, we'll be discussing the recession-proof nature of residential assisted living (RAL) as a real estate investment opportunity. Find out why residential assisted living is a smart, recession-resistant investment opportunity that aligns with the growing needs of the aging population. With the aging population and the increasing dema…
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Have you ever wondered how you can run a successful assisted living business with just a few people on your payroll? How can you possibly offer all the amenities and services of a big facility with such a lean team? In this episode of Assisted Living Investing, I reveal the secret to maximizing profits while maintaining top-notch care for residents…
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In today's episode, we'll be diving into the crucial topic of fire suppression and sprinkler systems. We'll share information about valuable resources available through the Residential Assisted Living National Association, which can help care home owners navigate the process of installing these crucial safety features. Join us as we discuss the cos…
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Are you struggling with creating a diverse and appealing menu for your assisted living? Do you find it challenging to keep your residents happy with their food options? In this episode of Assisted Living Investing, I get into a comprehensive system for crafting an effective chef menu that caters to the unique preferences and needs of your residents…
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It can happen; and what do you do if it does in your care home? In today's episode, we'll be tackling the sensitive yet important topic of sexual relationships among seniors in residential assisted living homes. Tune in to discover our expert tips on handling sexual relationships in assisted living homes, including when to alert families and how to…
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In this episode of Assisted Living Investing, I discuss the best strategies for marketing your Assisted Living business. When should you start marketing to ensure profitability from the beginning? We answer this crucial question, helping you understand the optimal timing. Is it ever too early or too late to start? Tune in to hear why starting your …
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Many care home owners may be tempted to maximize their occupancy by offering shared bedrooms, but is this really the best approach? In today's episode, we'll be discussing a crucial aspect of senior living: privacy. While shared bedrooms may seem like a quick fix to increase revenue, there are several potential pitfalls for both residents and care …
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