Learn how you can help people by building a successful—and sustainable—business leveraging the best real estate opportunity for the next 25 years!
Register for our free RAL 101 Introduction Course below.
RAL is an opportunity to create a financial legacy for your family while providing a real solution to a real need for real people.
Your Success Is Within Reach
First time hearing about Residential Assisted Living? Want to know how it works or how it will work for you?
This free training taught by RALAcademy Founder, Gene Guarino, will answer every question and will give you peace of mind and confidence as you move forward into the lucrative world of Residential Assisted Living.
The profound expertise of our team, deep understanding of all business aspects, ideal knowledge of processes will help to deal with various issues.
We create unique and innovative solutions for our customers along with the high-quality support & services with a personal approach to any case. Feel free to entrust your business to our experts, and you’ll see the difference!
Gene’s
Gene’s
Gene’s
Residential Assisted Living Business Owner
Motivated by a passion to help people and seeing first-hand the issues with their parent’s senior living environments, Donald & Talinda jumped feet first into residential assisted living. Determined to raise the standards of care, and being brought up by an extremely entrepreneurial father, Donald had the right mindset to seek out and follow through with the opportunity in assisted living investing.
Their new RAL home is a 12 bedroom, 6,600 sq ft facility that offers adult day services as well as memory care. The impact of their RAL home in their community has been exciting to watch, and we can’t wait to see them expand more homes in the near future.
“Thank you to the RAL Academy. It has been amazing the support we’ve received from you guys. We wouldn’t have been able to make this journey without you.” – Donald
Residential Assisted Living Business Owner
Music theory professor and professional musician, Timothy and Helga had years of experience with single-family rentals, but wanted to broaden their investment and create a lasting legacy. They got their start in residential assisted living by remodeling their own home into a 10 bed, 11 bath RAL facility. The care they provide their residents is focused on holistic health, with advanced nutrition programs, mental and physical exercise, music therapy and much more. Their biggest advice for those getting into this business, “know your why.” Find your purpose and embrace it fully.
Residential Assisted Living Business Owner
Among some of our first RAL Academy students, Mandy and her husband found the opportunity in residential assisted living irresistible. Though, initially running into roadblocks with zoning and building regulations, with the support from our academy they found their way past obstacles. It’s been over three years since they opened their 10-resident RAL home in Rhode Island and they are truly enjoying the fruits of their labor. Mandy’s advice…continue to ask questions until you get the answers you need to hear.
Residential Assisted Living Business Owner
Like many students, Justin heard about the RAL Academy through The Real Estate Guys. Impressed with Gene’s approach to investing prompted him to check out our 1-day training in Kansas City and then the 3-day fast track course in Phoenix, AZ.
With years of real estate experience and attending countless education programs, Justin was drawn to the RAL model, citing the family-like support in overcoming obstacles as the main difference to other investment training systems. “It’s all about the systems.” Now, his high-end 12 resident home is up and running and looking at about a 25% profitability margin. He is just knocking it out of the park and we couldn’t be more proud of him.
Residential Assisted Living Business Owner
Looking for a career change from a corporate aerospace 9 to 5 job, Jeff looked into real estate and after running the numbers found that he would need to invest in 60 units to match his income. Upon hearing about residential assisted living and the potential to make that same net profit with just one or two single-family homes, it was clear that this was the right choice for investment.
Having attended the RAL Academy 3-day training and completing the home study course, Jeff just opened his spacious nine resident home in Tuscon, AZ and is on this way to filling at. He and his wife have a goal of expanding to four RAL homes and eventually even helping his employees run their own assisted living homes one day.
Residential Assisted Living Business Owner
With a long time interest in real estate, Kevin found Gene’s RAL Academy system through a real estate podcast. His passion, in combination with Heather’s passion in her nursing career, pointed to the residential assisted living opportunity as one that just made sense. “Coming out to that 3-day really opened our eyes so much to the potential…it was invaluable to us.”
Although it took a while to find the right home, they persevered and just took the process a step at a time. Wanting to create the perfect environment, a place that they would be happy to have their own parents live in, their 10 resident home in Gilbert, AZ is open and operating at full capacity. And now they are looking to duplicate their efforts and start a second RAL home. Heather & Kevin’s advice…” get the training and seek out advice…it’s important to have that support system.”
Residential Assisted Living Business Owner
A former public school teacher, Allyson was looking for a solid investment plan for her family. She spent years volunteering in large senior care homes and when she heard about residential assisted living as an alternative, “it lined up with a passion and also made a ton of sense.” With very limited experience with real estate, health care or financial planning, Allyson learned everything she needed to open her residential assisted living home in Castle Rock, CO through the RAL Academy and the assistance available through the platinum support package. She advises anyone getting into this industry to get connected and network with people who are already operating RAL homes and ask lots of questions.
Residential Assisted Living Business Owner
With 15 years of real estate investment experience in rental properties, construction and property development, residential assisted living just seemed to be a perfect fit. Brad and Angie looked at this investment opportunity and said, “We needed this. Our community needed this.” From their experience, one of the biggest benefits they got from the RAL Academy was the support system. People who had been there and done it before were just a phone call away to answer questions and get advice on project specifics. And though they had a few roadblocks along the way, they kept focused…“We always have to keep in mind why we’re doing this. We’re wanting to provide the best quality care we can for seniors.”
Residential Assisted Living Business Owner
Ed and Janelle were looking for an investment opportunity more substantial than rental properties in Indiana. Life was good with rentals but it could be a lot better. In addition to the financial motivation, Janelle really wanted to have a suitable place for her grandma other than the large senior care facilities in their area. “I wish there could be a place that’s like home,” then this opportunity came along and “it was meant to be.”
With training from the 3-Day Fast Track event, the inner circle network and continued support from the RAL team, they are progressing quickly with their 16 bedroom RAL home project that will be open soon and providing care to an underserved area with the highest quality senior care.
Residential Assisted Living Business Owner
When Carla asked around she discovered that others in Albuquerque, New Mexico who have tried to open up a new home have taken up to two years. Carla told us that instead of taking months or years to get everything set up, she took a class in February and had a business in July!
It’s hard work, but if you follow Gene’s plan and put in the effort, you can open the front door to your very own residential assisted living facility!
Residential Assisted Living Business Owner
Hal is like a lot of our most successful students. They are brand new to residential assisted living and don’t know much about it — and after working with Gene they pick up what they need to know and are off to the races.
The reality that you can run a property from another state without fooling with rental property management companies is what appealed to Hal.
When you see how do-able it is to open your own home and how lucrative it is, there is no reason why you would mess with rental properties. You can achieve so much more with residential assisted living.
Residential Assisted Living Business Owner
Tommy and Jana Gillis are a great example of RALA students that believe if you just keep going on the path you planned you will reach your goal, even if it takes a little longer than expected.
Residential Assisted Living Business Owner
One of the greatest things about owning an RAL for Matt is the moment when a family member comes to him and expresses how having a home like this has changed the resident’s and the resident’s family for the better.
What does it cost to live in a Residential Assisted Living home?
The average in America today is $4,000 per month for a private room in assisted living. That includes everything from Medicare, Medicaid, to the highest privately paid. The idea of $4,000 is average but you’re more than likely going to be above average. You wouldn’t want to put mom in an average place, when you pull up you don’t even want to slow down the car.
Average or above, so $4,000 to $6,000 a month is what people pay for private assisted living homes. That’s the sweet spot, that’s the focus, that’s what we teach people how to do. That’s what you should plan on paying if you’re going to move into somebody else’s home. If you want to live for free, start your own home.
How can people afford Residential Assisted Living?
Five, six, $8,000 a month, that’s a lot of money. How do people afford it? We don’t focus on Medicare and Medicaid. We focus on private-pay, so whether it be longterm care insurance or an individual’s income stream from their pension, social security, or liquidating assets — like their own home or other assets and investments — to pay for their assisted living. This is what people typically do for assisted living.
Even if there is a senior who doesn’t have access to those assets, it’s their kids who are taking care of the costs.
So, how do people afford it? Frankly, they take care of it any way they can because they love mom and dad. The seniors we serve have families who make sure their parents have the very best care.
Can I do residential assisted living with or without my own money?
Yes, you can! We show our students how to do RAL with their own money or how to use other people’s money. When you think about it, borrowing from a bank is borrowing other people’s money. When you bring in outside lenders, investors, or private individuals those are all options utilizing other people’s money.
A lot of times people will think, “Oh, I have to have skin in the game,” and they believe they have to have their own money in. That’s not how we think about it. If you’re putting in the time, the effort, you have the plan, and you’re willing to do the work, you’re putting a lot of skin in the game.
Others have the money and are looking for something or somebody to invest in. That can be you! But you need to know what you’re doing. That’s where we come in. We’ll show you exactly what to do — whether using your own money or someone else’s. The choice is yours. You decide.
Can I use my own house for residential assisted living?
You have a home now — can you use it as a residential assisted living home? Maybe yes — but just because you could doesn’t mean you should. The biggest and most important piece of this puzzle is location, location, location. Is it near the right people? Is it near the right demographic?
If it’s near a college campus where the average age is 30 years old and these 30 year olds have parents in their 50s and 60s who are not in assisted living, that’s not an ideal location.
However, if your home is in an area where the average age is 50-60 years old and their parents are 80 and 90 years old, that’s the right neighborhood.
You’ll then want to look at economics. Are the residents in the area middle and below or middle and above? A successful residential assisted living property will want residents in the upper middle income, making location critical.
You don’t need to worry about the home structure, itself. We can scrape it away and build it new. It’s the location that we want to be certain is a fit.
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theralacademy2020-07-30 12:37:002020-07-29 15:29:14Considering Investing in Assisted Living? A Great Place to Start
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Elizabeth Garvey2020-07-21 09:29:002020-07-24 09:30:10The Pivot from Wholesaling to Residential Assisted Living
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theralacademy2020-06-26 06:00:002020-06-19 11:14:46Eldertopia… This Opportunity Is Transformational
A proven formula to provide your family with significant ongoing monthly cash flow and protect them from market fluctuations.