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 Much Money Can You Make Owning An Assisted Living?: 8-Bed vs 16-Bed - Ep 27
In this episode, Brett Chotkevys talks about how profitable owning an Assisted Living can be. Brett’s home is a Luxury 16-bed Memory Care Mansion. This business model has created a life of financial freedom for him and his family. Oftentimes, however, when people talk to Brett about starting their own Assisted Living business, they say that a 16-bed seems a little intimidating and wouldn’t it be easier to open an 8-bed and then open a second 8-bed later on? Brett goes through the numbers and compares the profits between a single 16-bed and two 8-bed assisted living.
While they will make the same amount of money when it comes to rent every month, you will see the difference between the 8-bed and the 16-bed when it comes to expenses. From having to pay more staff and having more operational costs to run two 8-beds, you see a drastic difference in net profit due to the higher operating costs such as payroll.
If you want to learn more about how Brett started his own Memory Care Mansion, then check out our Free Foundations Training!: https://palm.university/optin-freecourse
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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
