Assisted Living Investing
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 advice to navigate the ever-evolving landscape of senior care.
Brett unravels common myths surrounding assisted living investing, debunking misconceptions and shedding light on the realities of this thriving market. From understanding the financial considerations and operational intricacies to exploring different investment models and approaches, he provides actionable tips and real-life examples to empower you on your investment journey.
Discover the secrets to maximizing profitability, scaling your portfolio, and creating sustainable income streams in the booming assisted living sector. Learn about the latest industry trends, regulatory updates, and market insights that can shape your investment decisions.
Whether you aspire to be an owner-operator, a passive investor, or simply seek to expand your knowledge in this niche, "Assisted Living Investing" is your go-to resource. Tune in to gain a competitive edge, unlock new investment opportunities, and embark on a rewarding venture that combines financial success with making a positive impact on the lives of seniors.
Assisted Living Investing, Memory Care Mansion, Memory Care Mansion Neighborhood, Senior Care Investments, Assisted Living Strategies, Assisted Living Challenges, Investment Opportunities, Residential Assisted Living Myths, Financial Considerations, Assisted Living Operational Intricacies, Investment Models, Profitability, Scaling, Sustainable Income Streams, Industry Trends, Regulatory Updates, Assisted Living Market Insights, Real Estate Market Insights, Owner-Operator, Passive Investor, Financial Freedom, Financial Success, Positive Impact, Seniors.
Intro Music by Alex_Kizenkov via Pixabay
Assisted Living Investing
How To Hire The Best Managers For Your Assisted Living - Learn This Method To Gain Time Freedom - Ep 24
In this episode, Brett talks about finding the perfect managers for your Assisted Living. Brett has created a business model that lets him work only 3-4 hours a week in his Assisted Living Business. The only way this is possible is because he created a system to have the best possible managers who can operate his Assisted Living Memory Care Mansion without him or Laura constantly needing to be working in the business.
The trick here is having a manager with heart. Brett stresses the importance that you, as the owner, have to be able to do everything you will ask your manager to do. This is so you can train them. Your manager doesn’t have to know everything right off the bat. The really important thing is character and heart. If your manager can love on your residents as much as their own family, then they’ll be the perfect fit. It is on you to train them on everything they’ll need to do.
Eventually, after you’ve trained them and they have the confidence to start working on their own, that is when you can hire another manager, and your first manager can do the same thing you did. Train them. Watch this episode to learn who your manager should be and learn how the two-manager system has given Brett time freedom.
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Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.
Intro Music by Alex_Kizenkov via Pixabay