Episode 136 | How ONE Key Person Can Help You Build Your Assisted Living Business

Brandon gives an overview of a crucial aspect of launching an assisted living business: securing funding by building relationships with key financial contacts. Brandon emphasizes that while finding lenders can be challenging, there are effective strategies to increase your chances of success.

00:00 Introduction to the podcast mission: helping beginners launch an assisted living business in the next year.

01:09 Tips on independently finding lenders via internet searches, cold calling local banks, and credit unions.

04:27 The importance of working with brokers or agents to facilitate real estate transactions and lender introductions.

06:27 Lending brokers are the key contacts because they specialize in securing funding and coaching borrowers.

08:20 Lending brokers help prepare borrowers with business plans, underwriting, and paperwork to improve lender interactions.

10:04 Emphasizing relationship building, persistence, and professionalism as critical factors in securing funding.

11:16 Additional resources: free underwriting calculator, business plan checklist, and the ALI Basics community for support.

Resources Mentioned:

Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.

Get your free business plan checklist today: https://urlgeni.us/alibpc

Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind

Apply for the Mastermind today: alimastermind.com/application

Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics

Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM

Get the 12 Week Year Book: https://amzn.to/4bAOpQf

Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5

Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink

Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg

FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590

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