Differentiate. Begin the wave, the tsunami; it's unstoppable. What do other investors do? What kind of competition do you have? Do you know anybody who's doing fix and flip wholesale, foreclosures, short sales? Maybe they're doing just rent homes or apartments or storage units or notes. That's exactly what most people do when it comes to real estate investing. Every RIA...

The answer is, "Yes and no." Let me explain. When I first got started, I assumed I'm going to have a big huge van, we're going to take people to the opera, and the ballet, and the senior center, and the library. You know what? Grandma isn't that mobile. She's not going out all that often. If you have a vehicle...

I had to face this question recently; smoking inside a facility. Here's the reality, most people are not going to want to have smoke anywhere near them, whether the state allows it or not, but some residents unbelievably, even they're 85 years old and having health issues, are still going to want to smoke. What I would suggest you do is...

One of the questions we get is: “How about the caregivers, are they live-in or do they do shifts?” The answer is: it depends. Usually, when you are just getting started, you're probably going to have a caregiver who is going to be live-in. He or she is going to take care of the residents during the day and at night;...

One of the most common questions when you decide to invest in a Residential Assisted Living Facility is: “How do I come up with the money to be able to buy this?”  How do you fund your RAL facility? - Tweet this! To start, understand that it is “residential, it's a single family home. You know as well as I, you could go...

Medicare? Health Insurance? Private insurance? Do they cover the cost for assisted living? The answer is it could. The Private Insurance; a long term care insurance policy.   https://youtu.be/zrh8fHAHJ_Q   Those are policies that seniors bought thirty years ago. They've been paying three, four, five thousand dollars a year in a premium for the last thirty years; the benefit that they're supposed to receive for...

What's the first step in getting started for residential assisted living? Well, I'm going to just say right off the bat, "Learn as much as you possibly could, before you start anything." I'd rather learn from your mistakes than mine. Does this make sense? It's all about location. Where should this home be? – Tweet this!   [embed]https://youtu.be/ybhOCP2wJlg[/embed] People make a big mistake. They...