Assisted Living Investing

Why RAL Is DEAD! - What You SHOULD Be Investing In! - Ep 56

Brett Chotkevys Season 1 Episode 56

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 increased so dramatically? How has inflation affected expenses like food, utilities, and insurance? Discover why the traditional small home conversion model is no longer financially viable and why higher bed counts are necessary to turn a profit.

What strategies can you use to increase your income and offset rising costs? How does expanding to a 16-bed model maximize income and ensure quality care? Learn about the zoning and licensure changes needed to implement this model successfully. If you're looking for a sustainable and profitable approach in the assisted living space, this episode is packed with crucial insights and practical advice.

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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

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