Last month Gene had the opportunity to sit down with the team at Superb Crew, a business news website that focuses on covering the most innovative companies from the tech and business world. Making a name for themselves by shedding light on the latest trends and sectors of growth in technology and business, it was only natural that they connect with Gene, founder of the RAL Academy, to discuss his vision behind the successful residential assisted living education model that he created, how it came to be, and where he sees it leading into the future.
Interviewer: Could you provide our readers with a brief introduction to Residential Assisted Living Academy?
Gene: The Residential Assisted Living Academy was formed in 2013. The purpose of the company is to provide the education and resources needed to create, own and operate RAL homes. Our mission is to help create over 1,000 homes across the country by the end of 2020. We are well on our way of doing just that. With over 1,000 people coming through our live and online training, we have seen the creation of hundreds of RAL homes across the country.
Interviewer: You’ve recently released Amazon best seller book that’s changing the game in real estate investing; could you tell us something more?
Gene: The hottest niche in real estate and business is Senior Housing and Assisted Living, according to many studies and financial professionals. The goal of writing the book is to provide, those that are looking to invest in this niche, the baseline information they need to make a good investment decision. Knowledge is the key and the more an investor knows about the industry they are investing in, the better.
Interviewer: Can you give us insights into your training programs?
Gene: We provide live and online training for individuals that are looking to get into the Senior Housing and Assisted Living industry. We cover the real estate investing side as well as the business side, in our training. We hold 8 live trainings each year in Phoenix AZ. People come from across the country to attend this training. The topics cover everything that you need to know to get started and to do it successfully.
We are developing an investor training for those that are just interested in that as well. That training will be launched later this year.
Interviewer: What makes your approach unique? What’s your success formula?
Gene: We are owners, operators and investors in these homes ourselves. That is the perspective that we are coming from as an education company. We do not work inside the businesses as the manager or the caregiver. Instead, we treat this as a business with an opportunity to “Do Good & Do Well”. We show people in a fast and efficient manor, what to do and how to do it. At our live training events we offer virtual tours of our homes so the students can experience and learn it from the “inside out”. That experience provides the context for the content that we provide.
Interviewer: What are your plans for the future?
Gene: We understand that everyone will be getting involved in Senior Housing and Assisted Living one way or the other. Either as a real estate investor, a business owner or as a customer living in someone else home. Right now, you have a choice as in “how” you get involved.
With 77,000,000 Baby Boomers aging by the day, this represents an incredible opportunity. 10,000 people a day are turning 65. 4,000 a day are turning 85. That is 1.4 million people turning 85 this year and every year for the next 20 years. That is an unstoppable “Silver Tsunami of Seniors”
For many it will be a “crisis” because they will be unprepared for it. For those entrepreneurs and investors that position themselves properly, it is an opportunity of a life time, it is like seeing a stock chart 10 years in advance and knowing exactly when to get in and get out.
We are creating the RAL Industry to capitalize on this opportunity. We own and invest in homes and facilities ourselves. We educate and provide resources for others that want to do the same. We are providing the investment opportunities for those that want to invest in these homes and this opportunity We have created the RAL National Association to support and bring the players in the industry together. And in 2020 we are launching an Operations company to service the entire industry.
Learn More About the 3-Day Fast Track
And don’t forget to save the date this year for RAL NAT CON 2019. Join hundreds of others in this amazing industry who are working together to meet the needs of the growing elderly population in this country. This incredible convention provides the chance to get more plugged into the residential assisted living industry and networking with other RAL owners, investors, lenders, equipment suppliers and support service providers that can help your RAL business grow. Be a part of the solution!
– Do Good and Do Well, my friends.