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

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Inhoud geleverd door Brett Chotkevys. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Brett Chotkevys of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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.

#Investing #RealEstate #AssistedLivingInvesting

Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.memorycaremansion.com

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

  continue reading

65 afleveringen

Artwork
iconDelen
 
Manage episode 430853315 series 3491895
Inhoud geleverd door Brett Chotkevys. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Brett Chotkevys of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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.

#Investing #RealEstate #AssistedLivingInvesting

Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.memorycaremansion.com

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

  continue reading

65 afleveringen

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