The Assisted Living Investing Podcast

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson walks beginners through the crucial steps to start an assisted living business in 2025. He details a five-phase process crucial for success: building a business foundation, finding the right property, securing funding, understanding rules and regulations, and launching and scaling the business. The episode underscores the importance of proper planning and offers resources like a free underwriting calculator and a mastermind program. Brandon emphasizes setting clear goals and shares practical advice and personal anecdotes to inspire and guide aspiring entrepreneurs. 00:00 Introduction to Assisted Living Investing 00:17 Starting an Assisted Living Business in 2025 00:49 The Five Phases of Starting an Assisted Living Business 01:33 Phase 1: Building Your Business Foundation 04:28 Phase 2: Getting the Right Property 05:04 Phase 3: Securing Funding 06:38 Phase 4: Navigating Rules and Regulations 08:10 Phase 5: Launching and Scaling Your Business 09:26 Recap and Final Thoughts 10:49 Conclusion and Next Steps   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a comprehensive guide for beginners on launching an unlicensed care home. Brandon shares his expertise on the distinctions between licensed and unlicensed care homes, the types of care that can be provided, and critical compliance considerations. He also discusses the importance of having a solid business structure and marketing strategies and avoiding common pitfalls. Listeners are encouraged to use tools like the free business plan checklist and consider joining the ALI Mastermind program for further guidance. 00:00 Introduction to Assisted Living Investing 00:27 Starting an Unlicensed Care Home 02:47 Understanding Unlicensed Care Homes 06:45 Legal and Compliance Considerations 09:03 Marketing and Finding Residents 11:32 Common Pitfalls to Avoid 14:25 Mastermind Program and Final Thoughts   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses crucial steps for staffing your assisted living business. He explains the roles of administrators, assistant administrators, house managers, med techs, caregivers, RNs, and housekeepers. Brandon also provides insights on where to find staff, steps for hiring, onboarding processes, and tips for managing payroll and shift coverage. 00:00 Introduction to Assisted Living Investing 00:21 Importance of Hiring the Right Staff 00:56 Key Staff Positions in Assisted Living 06:21 Finding and Hiring Staff 08:07 Onboarding and Payroll 11:12 Conclusion and Recap   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode, Brandon Gustafson, an experienced operator of two assisted living facilities, discusses top trends in the assisted living industry for 2025. Key points include the current supply and demand dynamics, potential challenges like accessibility, affordability, and quality of care, and the importance of technology and personalized care. Brandon also shares insights into who needs assisted living and provides tips on building a successful business in this field.  00:00 Welcome and Introduction 00:10 Free Resource: Business Plan Checklist 00:35 About Me: Brandon Gustafson 01:42 Top Trends in Assisted Living for 2025 04:56 Challenges in the Assisted Living Industry 13:53 Who Needs Assisted Living? 17:35 Q&A and Final Thoughts   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses the crucial fifth phase of launching and scaling an assisted living business. He provides an overview of the five phases: building the business foundation, finding the right property, obtaining funding, understanding regulations, and finally, launching and scaling. Brandon emphasizes the importance of choosing the right business path, getting the proper staff in place, and effective marketing strategies. He also highlights the benefits of joining the ALI Mastermind program for year-long support to ensure a profitable and successful assisted living business. 00:00 Welcome and Introduction 00:43 The Five Phase Process Overview 02:05 Phase Five: Launching and Scaling Your Business 03:38 Key Considerations for Assisted Living Business 04:31 Choosing Your Path in Assisted Living 05:54 Marketing and Operations 07:43 Conclusion and Final Thoughts   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, Brandon provides a comprehensive guide to becoming a certified Medicaid provider for assisted living. He breaks down the complexities of Medicaid, including funding allocation, waiver programs, and the application process. Brandon offers insights from his extensive experience in healthcare and government programs, explaining how Medicaid payments work, how to maximize reimbursement rates, and the importance of meticulous documentation. He also emphasizes the benefits of serving the Medicaid population and provides information about maintaining certification. This episode is packed with actionable steps and valuable resources for anyone looking to launch their assisted living business within the next year. 00:00 Introduction to the Podcast 00:17 Understanding Medicaid for Assisted Living 03:00 Medicaid Payments Explained 08:46 Navigating Medicaid Certification 11:56 Maintaining Medicaid Certification 13:14 Conclusion and Resources   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses the viability of residential assisted living facilities in the current economic climate. He addresses concerns such as rising costs, interest rates, real estate prices, and workforce shortages. Brandon emphasizes the growing demand for assisted living due to the aging population and highlights the unique value propositions these facilities offer. He shares strategies for success, including optimizing operations, attracting and retaining staff, diversifying revenue streams, focusing on marketing, and staying informed on regulations. Additionally, Brandon outlines the importance of building a strong business foundation through detailed planning and market research.  00:00 Welcome to the Assisted Living Investing Podcast 00:16 Introduction and Mission 00:25 Today's Topic: Profitability in the Current Economy 02:04 Economic Challenges and Realities 04:19 Why Residential Assisted Living is Still Viable 09:03 Strategies for Success in Assisted Living 14:11 Building a Strong Business Foundation 17:20 Q&A Session 33:59 Conclusion and Final Thoughts 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode, we will guide beginners through the process of developing policies and procedures for their assisted living business. We will emphasize the importance of these protocols for compliance and smooth operation. We will cover the necessity of aligning with specific state statutes, the contents of essential policies like resident intake forms and staffing guidelines, and the benefits and drawbacks of creating your own policies versus hiring a professional service.  00:00 Introduction to Assisted Living Business 00:41 Understanding Policies and Procedures 02:07 State Regulations and Compliance 04:57 Building Internal Policies 09:52 Approval Process and Final Tips 12:45 Recap and Final Thoughts     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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, Brandon shares practical steps for launching an assisted living business in 2025. Brandon offers insights from his experience operating two out-of-state assisted living facilities. He outlines key strategies such as setting specific goals, conducting market research, understanding financials, and making detailed business plans. He also discusses common challenges in the industry, from staffing and regulations to zoning and cost management, while providing resources like his business plan checklist and market research guide to support aspiring entrepreneurs. 00:00 Welcome to the Assisted Living Investing Podcast00:16 Getting a Head Start for 202500:57 Meet Your Host: Brandon Gustafson02:20 Setting Specific Goals for Your Assisted Living Business04:43 Conducting Market Research07:04 Understanding the Numbers09:47 Creating a Business Plan14:02 The Importance of Zoning15:47 Understanding Zoning for Assisted Living16:58 Research and Planning for Property Suitability19:03 Timelines for Starting an Assisted Living Facility21:30 Mentorship and Mastermind Programs23:32 Challenges in the Assisted Living Space29:28 Cost-Cutting Strategies for Assisted Living Facilities33:17 Conclusion and Resources 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a comprehensive guide on how to obtain a license for your assisted living facility. He discusses the various state departments you may need to contact, the different methods of communication for reaching them, and the essential questions to ask. Brandon also explains the types of licenses available, including care homes, residential assisted living facilities, and memory care licenses, as well as licensed versus unlicensed facilities. Additionally, he covers the process for completing the application and the steps for a change of ownership if buying an existing facility. 00:00 Introduction to Assisted Living Investing00:18 Understanding Facility Licensing00:44 Contacting the Right State Departments02:07 Effective Communication Strategies03:36 Key Questions to Ask07:18 Types of Licenses and Facilities09:47 Unlicensed Facilities: What You Need to Know10:58 Completing the Application Process14:03 Change of Ownership Process15:41 Conclusion and Recap   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson offers invaluable insights on obtaining a license for your assisted living home, covering Phase Four of a comprehensive five-phase process. The discussion begins with a quick recap of previous phases, including building a business foundation, finding the right property, and securing funding. Brandon delves into the specifics of the three main types of licenses: care homes, residential assisted living, and big box facilities, explaining their differences and what each entails. He highlights the importance of identifying your target population and how this decision impacts the licensing process. Additionally, the episode touches on the nuances of working with private pay versus Medicaid and their respective applications. Brandon also invites listeners to join his mastermind program for further personalized assistance in launching their assisted living business.  00:00 Introduction to Assisted Living Investing00:18 Overview of the Five Phases01:39 Types of Assisted Living Licenses04:23 Identifying Your Target Population06:32 Payment Options for Residents08:09 Upcoming Content and Resources09:22 Conclusion and Final Thoughts   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through the essentials of launching an assisted living business within a year. Brandon shares insights from his extensive experience in the assisted living industry, emphasizing the opportunities and challenges tied to Medicaid. He elaborates on how Medicaid works, its benefits, and the ways it can be a hidden gem in assisted living investments. The episode also addresses common misconceptions about Medicaid, providing a thorough breakdown of Medicaid payments, the importance of proper documentation, and strategies for raising rates. 00:00 Introduction to the Podcast01:05 About Your Host, Brandon Gustafson02:32 Understanding Medicaid in Assisted Living04:07 The Benefits of Medicaid05:55 Challenges and Misconceptions of Medicaid09:00 How Medicaid Payments Work15:52 Raising Rates and Advocacy19:31 Debunking Medicaid Myths25:04 Conclusion and Final Thoughts   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through various financing options available for launching an assisted living business. Key topics include SBA funding, conventional mortgages, construction loans, private funding, unsecured loans, seller financing, and subject-to financing. Brandon also provides tips on specific scenarios such as buying an existing home, new builds, and obtaining operating capital. Additional resources like an underwriting calculator, grant writing templates, and a grant accelerator course are highlighted alongside the importance of building relationships with lenders, lending brokers, and commercial brokers. 00:00 Introduction to Assisted Living Investing 00:18 Overview of Financing Options 00:55 Detailed Financing Options 02:50 Financing for Buying an Existing Business 03:49 Financing for Renovating a Home 04:37 Financing for New Construction 05:10 Operating Capital and Additional Funding 06:35 Pro Tips and Mastermind Program 07:35 Exploring Grants 08:46 Key People to Help with Funding 10:09 Conclusion and Next Steps 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

The Importance of a Business Plan in Assisted Living Investing In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares insights on the critical role of a business plan in launching and running a successful assisted living business. Brandon, who owns and operates two assisted living facilities, emphasizes that a solid business plan is essential for gaining clarity, securing properties, obtaining funding, and acquiring facility licenses. He offers free resources, such as a business plan checklist, and invites listeners to join his live workshops and mastermind program for further guidance. Brandon also answers audience questions, providing practical advice for those looking to enter the assisted living industry. 00:00 Introduction to Assisted Living Investing 00:46 Importance of a Business Plan 01:08 Brandon's Background and Expertise 01:44 Clarity and Confidence Through a Business Plan 03:22 Finding the Right Property 05:25 Securing Funding 07:33 Obtaining a Facility License 09:47 Running Your Assisted Living Business 11:36 Q&A Session 14:34 Conclusion and Resources   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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through launching an assisted living business with a focus on leveraging SBA funding. Brandon explains the basics of the SBA program, how to find SBA lenders, and the detailed steps in securing funding. Topics include building relationships with local banks, the role of lending brokers, and the importance of thorough paperwork. The episode also covers the comparisons between 7a and 504 SBA loans and emphasizes the necessity of being responsive and organized to obtain the loans successfully. 00:00 Introduction to the Podcast 00:49 Understanding SBA Funding 02:41 Finding the Right SBA Lender 04:26 Working with Lending Brokers 05:25 Cold Outreach Strategies 08:15 Navigating the SBA Loan Process 12:47 Final Steps and Paperwork 14:24 Recap and Closing Remarks 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson explores how the Trump administration's policies could impact the assisted living industry. Brandon shares his extensive experience running two assisted living facilities and offers insights into developing a business plan, securing funding, and navigating regulations. He highlights the potential benefits of less regulation, lower tax rates, and more lending options under a Trump administration. Brandon also discusses the important role of government programs like Medicaid and Medicare, as well as providing practical advice for new investors in the assisted living business. Listeners are encouraged to utilize free resources, such as a business plan checklist, and consider joining a year-long mastermind program. The episode concludes with a Q&A session addressing various listener questions. 00:00 Introduction to Assisted Living Investing 00:23 Free Resources for Assisted Living Business 00:45 Brandon's Background and Experience 01:25 Impact of Trump Administration on Assisted Living 04:47 Housing Market Insights 07:35 Lending and Funding Opportunities 11:30 Regulatory Environment 18:09 Small Business Benefits  21:41 Increased Access to Capital 22:24 Bullish Outlook on Assisted Living Industry 23:17 Funding and Interest Rates 24:46 Q&A Session Begins 27:30 Medicaid and Assisted Living 28:53 Starting an Assisted Living Facility 31:14 Mentorship and Mastermind Program 34:05 Final Thoughts and Resources 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson dives into phase three of launching an assisted living business: obtaining funding. Brandon outlines the overall five-phase process, emphasizing the importance of building a strong foundation, finding the right property, securing funding, obtaining licensing, and scaling the business. He shares personal experiences of persistent efforts leading to success despite numerous rejections. Building relationships with lenders and understanding that 'no' often means 'not yet' are key takeaways. Brandon also introduces various financing options and highlights the value of the ALI Mastermind program and free resources available on their website. 00:00 Introduction to Assisted Living Investing 00:16 Overview of the Five Phase Process 00:33 Phase Three: Obtaining Funding 01:33 The Importance of Persistence 04:09 Building Relationships with Lenders 07:41 Different Financing Options 08:36 Recap and Final Thoughts 09:30 Stay Connected and Get More Resources 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares valuable insights on how to find the right home for a residential assisted living facility. Drawing from his own experiences running two assisted living facilities in different states, Brandon discusses the importance of building a strong business foundation, understanding state-specific requirements, and evaluating the size and features of potential homes. He also answers listener questions regarding room sizes, licenses, and managing mental health populations. The episode includes information about an upcoming live workshop and resources available on the Assisted Living Investing website. 00:00 Introduction to Assisted Living Investing 00:21 Host's Background and Experience 00:56 Finding the Perfect Home for Assisted Living 01:47 Building a Strong Business Foundation 02:39 Evaluating Home Size and Room Requirements 03:57 Understanding State Regulations and Requirements 06:00 Financial Considerations and Profitability 15:04 Special Considerations for Mental Health Populations 17:55 Q&A and Final Thoughts 20:11 Conclusion and Next Steps   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses the crucial steps to obtaining fire department approval for your assisted living business. He explains the importance of securing a certificate of occupancy, ensuring ADA compliance, and selecting the appropriate fire suppression systems. Brandon also shares practical tips for engaging city planners and fire department contacts effectively. The episode emphasizes the significance of understanding and fulfilling these requirements as part of launching a successful and compliant assisted living facility. 00:00 Introduction to Assisted Living Investing 00:16 Understanding Fire Department Approval 01:04 ADA Compliance and Safety Measures 05:34 Fire Suppression Systems Explained 07:44 Navigating City Planning and Fire Department Inspections 09:39 Recap and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides listeners on how to become an assisted living facility administrator. He covers the necessary steps, including education, work experience, and the required courses and tests to obtain a license. Brandon also shares his own experience in the healthcare industry and offers valuable resources like a free business plan checklist and information about their mastermind program and upcoming workshops. 00:00 Introduction to the Podcast 00:16 Becoming an Assisted Living Facility Administrator 00:53 Free Business Plan Checklist 01:20 Host's Background and Experience 03:12 Steps to Obtain Facility License 03:26 State-Specific Requirements 04:36 Education and Work Experience 08:26 Course Requirements 12:14 Administrator License and Facility Management 15:54 Q&A Session 19:12 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Guen guides beginners on how to successfully zone their property for an assisted living business. Emphasizing the importance of proper zoning and obtaining necessary permits, Brandon shares key strategies for communicating with city planners and tackles the complexities of zoning changes and major renovations. The episode includes real-life examples, such as dealing with zoning issues in Colorado, and provides steps for handling rezoning processes. Additionally, the podcast highlights the potential need for business and renovation permits and concludes with information about a mastermind program for further guidance. 00:00 Introduction to Assisted Living Investing 00:16 Understanding Zoning for Assisted Living 01:16 Navigating Zoning Challenges 01:52 Effective Communication with City Planners 03:49 The Rezoning Process Explained 05:54 Tips for Clear Communication 06:59 Communication Pitfalls in Business Deals 07:29 Understanding Permits for Your Business 08:25 Navigating Zoning Changes 09:38 Who to Contact for Zoning Issues 09:48 Engage with Us: Share Your Zoning Experiences 10:11 Mastermind Program: Get the Guidance You Need 11:06 Recap and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson takes you through the essential steps and resources for securing grants for your assisted living business startup. Drawing from his personal experiences, Brandon discusses reliable grant sources, including federal resources like grants.gov and sam.gov, while emphasizing the importance of avoiding scams. He introduces his new Grant Funding Foundations course, which offers comprehensive guidance, templates, and expert advice on navigating grant proposals. Key platforms such as SAM.gov, GrantGopher.com, GrantWatch.com, and Foundation Center by Candid are highlighted for finding grant opportunities and effectively managing grants to secure funding for your business. 00:00 Introduction to the Podcast 00:16 Finding and Utilizing Grants 00:58 Grant Writing Template and Course 01:29 Host's Background and Experience 02:29 Avoiding Scams and Using Reliable Sources 03:45 Engagement and Questions 04:20 Reliable Grant Resources 05:17 Federal Grants and Agencies 06:24 SAM.gov and DUNS Number 07:45 Exploring Grant Opportunities 08:08 GrantGopher: A Deep Dive 09:14 GrantWatch: A New Contender 10:38 Foundation Center by Candid: An Overview 11:39 Introducing the Grant Funding Foundations Course 13:48 Wrapping Up and Additional Resources   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides an in-depth guide for beginners on finding the perfect property for an assisted living business. Covering essential aspects such as market research and building a strong foundation, Brandon discusses three main property options: purchasing an existing facility, converting a single-family home or commercial property, and leasing. He recommends various resources for each option, including websites like loopnet.com, Zillow, and rent.com, and stresses the importance of working with professional realtors and brokers specializing in senior living. The episode also highlights the benefit of leveraging expert assistance to simplify the acquisition process and ensure successful outcomes, and invites viewers to engage further by subscribing, liking the video, and exploring additional resources on the website. 00:00 Introduction to Assisted Living Investing 00:18 Finding the Right House for Your Assisted Living Business 00:49 Building a Strong Foundation 01:37 Leveraging Market Research 02:22 Types of Properties for Assisted Living 03:19 Where to Search for Property Opportunities 03:28 Using Online Tools to Find Properties 04:37 Free Tools for Home Conversion 05:17 Finding the Right Agent for Your Home Search 05:36 Resources for Renting a Home 05:51 Understanding Landlord Conversations 06:37 Leveraging Free Tools for Property Search 07:28 The Role of Commercial Brokers 09:30 Mastermind Program and Additional Resources 10:04 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares in-depth knowledge on starting and managing assisted living homes for veterans. Drawing from his extensive experience in the healthcare industry, Brandon addresses complexities such as working with the VA, supporting an aging veteran population, and providing essential mobility and mental health assistance. Discussions cover key VA benefits like Aid and Attendance (A&A) and Housebound, alongside strategies for navigating them annually. The episode offers tips on securing grants, avoiding scams, and leveraging resources from veteran-focused nonprofits and local organizations. Emphasis is placed on collaboration with Veteran Service Organizations (VSOs), understanding funding routes, and meeting zoning and regulatory requirements.  00:00 Introduction to Assisted Living Investing00:16 Starting an Assisted Living Home for Veterans01:15 Host Background and Expertise03:09 Understanding the Veteran Population05:31 VA Benefits for Assisted Living10:04 Eligibility Criteria for VA Benefits11:57 Setting Up Your Home for Veterans14:36 Funding Your Veteran Assisted Living Home18:51 Navigating the VA Benefits Application Process19:18 Collaborating with Veterans Service Organizations (VSOs)21:04 Combining VA Benefits with Medicaid21:54 Nonprofit Organizations Offering Grants for Veterans23:54 Engaging with the Assisted Living Investing Community25:10 Q&A: Connecting with Caseworkers and Veterans26:41 Q&A: Specializing in Veteran Housing30:48 Q&A: Buying Real Estate for Assisted Living in California34:55 Q&A: VA Credentials and Billing Process36:53 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

Finding the Right Property for Your Assisted Living Business In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through the essential steps of finding the right property for their assisted living business. He emphasizes the importance of a solid business foundation and offers free resources, including an underwriting calculator, to assist in the process. Brandon discusses the keys to finding a suitable property, zoning requirements, and fire department approvals. He introduces his mastermind program that helps prospective investors navigate these stages, highlighting the importance of a detailed business plan, understanding financial obligations, and setting the right property criteria. Viewers are encouraged to engage with the content, seek guidance, and utilize available resources to successfully launch their assisted living business in the next year. 00:00 Introduction to Assisted Living Investing 00:18 Free Resources for Your Assisted Living Journey 00:39 Today's Topic: Finding the Right Property 01:39 Phase Two: Keys to Finding the Right Property 02:21 Building Your Criteria and Working with Agents 04:59 Zoning and Fire Department Approvals 06:12 Recap and Mastermind Program 07:40 Final Thoughts and How to Get More Help   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson introduces the essentials of starting an assisted living business. The focus is on raising funds and building solid business foundations. Brandon shares his experiences and offers guidance on securing traditional and creative funding. He emphasizes the importance of creating a robust business foundation, developing a comprehensive business plan, and avoiding common pitfalls like over-leveraging. The episode also explores various funding options, including traditional bank loans, SBA loans, private investors, partnerships, and grants. Brandon encourages networking through local events, investment clubs, and online platforms to connect with private investors 00:00 Introduction to the Podcast 01:09 Host Introduction and Background 02:04 Today's Topic: Raising Money for Assisted Living 02:38 Understanding Funding Needs 04:27 Building a Strong Business Foundation 07:02 Traditional Funding Options 08:50 Exploring Creative Funding 12:28 Finding and Working with Private Investors 18:21 Avoiding Common Pitfalls 21:34 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses the foundational steps to setting up an assisted living business, specifically focusing on the importance of legal structures. Brandon emphasizes the need for consulting an attorney to ensure that business structures are established correctly, explaining the complexities and liabilities involved in assisted living operations. He compares different business entities such as LLCs, S Corps, C Corps, and sole proprietorships, advising against sole proprietorships and C Corps for small operations. Brandon also suggests considering separate entities for real estate and operational facets of the business to protect assets. He shares insights into cost ranges for setting up these entities with professional help. 00:00 Introduction to Assisted Living Investing 00:16 Setting Up Your Assisted Living Business 01:11 The Importance of Legal Advice 02:51 Cost Considerations for Legal Services 06:08 Entity Types for Assisted Living 10:38 Final Thoughts and Recommendations 11:16 Coaching and Mastermind Program 12:06 Conclusion and Next Steps 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

  In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson delves into the realities of securing grants for assisted living facilities. Brandon shares his personal experiences, including securing $1.2 million in grant funding and the process involved in managing these grants. He discusses the complexities, paperwork, and potential tax implications of grant funding and offers practical advice and resources like a free grant writing template. 00:00 Introduction to the Podcast00:16 The Reality of Grants00:52 Brandon's Experience with Grants01:38 Details of Secured Grants04:11 Grant Paperwork and Reporting05:34 Grant Payment Processes08:56 Tax Implications of Grants10:32 Grant Update and Challenges14:44 Upcoming Course and Resources15:48 Q&A and Final Thoughts 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through launching their assisted living business within a year. Brandon emphasizes the importance of building a strong business foundation and provides insights on selecting the best market for your facility. Key topics covered include market research to avoid oversaturation, identifying desirable living areas, and the need to follow population trends. He also introduces valuable tools like the business planning guide and underwriting calculator to facilitate the investment process. Tune in for comprehensive strategies to achieve time and financial freedom through assisted living investments. 00:00 Introduction to Assisted Living Investing 00:26 Building a Strong Business Foundation 01:25 The Importance of Market Research 02:06 Evaluating Market Saturation 04:21 Choosing the Right Location 05:58 Business Planning Guide and Tools 06:55 State and City Research Criteria 08:52 Key Market Research Criteria 10:32 Conclusion and Next Steps 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson explores the fundamentals of National Provider Identifiers (NPIs) and their relevance to assisted living businesses. Listeners will learn what NPIs are, who needs them, and how to obtain one. Brandon, who owns two assisted living facilities and has a decade of experience in healthcare administration, also offers insights into the practical applications of NPIs in healthcare billing and transactions. Additionally, he provides valuable resources including a free business plan checklist and information about his mastermind program to help beginners launch their assisted living businesses within the next year. 00:00 Introduction to the Podcast 00:16 Understanding NPIs: What and Why 00:45 Host's Background and Expertise 01:30 Deep Dive into NPIs 04:16 Who Needs an NPI? 06:14 How to Obtain an NPI 07:46 NPIs in Assisted Living 10:40 Q&A Session and Final Thoughts 13:19 Conclusion and Resources 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through the critical process of underwriting in the assisted living business. He explains what underwriting is, why it's essential, and how to effectively conduct it to ensure profitability. Brandon details the steps for reviewing historical financials, projecting future financials, and factoring in startup expenses. He also introduces useful resources like a business planning guide, underwriting calculator, and mastermind program to aid listeners in their journey towards launching a successful assisted living business. The episode emphasizes the importance of diligent financial review and offers practical tips for making informed, profitable decisions. 00:00 Introduction to Assisted Living Investing 00:18 Understanding Profitability in Assisted Living 00:39 The Importance of Underwriting 02:57 How to Perform Underwriting 04:12 Projecting Future Financials 06:01 Mastering the Underwriting Process 10:03 Conclusion and Next Steps 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson offers a detailed guide for beginners looking to launch their assisted living business within a year. Brandon shares his expertise, detailing the Assisted Living Launch Formula, which includes building a solid business plan, finding the right property, securing funding, understanding the necessary regulations, and successfully operating and scaling the business. He emphasizes the importance of a well-developed business plan, proper underwriting, market research, and networking. Additionally, Brandon provides insights about his experiences managing assisted living facilities and offers resources such as a free business plan checklist and grant writing template to support new entrepreneurs. The episode also features a Q&A segment where Brandon answers listener questions about funding, state regulations, and more. 00:00 Welcome to the Assisted Living Investing Podcast 00:32 Introduction to Assisted Living Launch Formula 01:27 Understanding the Importance of a Business Plan 03:09 Building a Solid Business Foundation 08:15 Finding the Right Property for Assisted Living 12:36 Navigating Funding Challenges 16:37 Understanding Rules and Regulations 20:28 Launching and Scaling Your Business 24:04 Resources and Next Steps 25:14 Mastermind Program and Accelerator Options 25:59 Promotions and Discounts 26:20 Q&A Session Begins 27:37 Funding and SBA Loans 28:52 Partnerships and Networking 31:29 State-Specific Regulations and Licensing 39:07 Market Research and Top States 44:41 Final Questions and Wrap-Up   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides aspiring entrepreneurs through the crucial elements of crafting a successful business plan for an assisted living business. Brandon emphasizes the importance of clarity, goal setting, and presenting a well-structured plan to potential investors and partners. He breaks down the four key sections of a business plan: overview, operations, marketing plan, and financial review, providing detailed insights and offering helpful resources like a business planning guide and a year-long mastermind program. Listeners are encouraged to engage with the podcast by commenting on their needs for personalized support and tools to ensure the successful launch of their assisted living business. 00:00 Introduction to the Podcast 00:19 The Importance of a Business Plan 01:55 Key Sections of a Business Plan 03:27 Operations and Marketing Plans 04:35 Market Research Essentials 05:59 Financial Review and Underwriting 08:10 Final Thoughts and Resources   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode, Brandon Gustafson, an expert in launching assisted living businesses, discusses how to leverage private money to fund your assisted living business. He covers the basics of private money, differences from traditional loans, typical loan terms, and interest rates. Brandon also shares strategies for finding private money lenders through networking and online platforms. He emphasizes the importance of building relationships, having a solid business plan, and knowing when to leave deals. Additionally, Brandon provides legal considerations and steps for pitching to private money lenders. Throughout, he offers practical advice from his own experience owning and operating assisted living facilities and invites viewers to utilize various resources, including a free business plan checklist and his mastermind program. 00:00 Introduction and Welcome 00:07 Overview of Private Money for Assisted Living 00:48 Promotions and Offers 01:36 Brandon's Background and Qualifications 02:32 Understanding Private Money 03:40 Loan Terms and Conditions 08:48 Finding Private Money Lenders 12:53 Building Relationships and Networking 18:45 Legal Considerations and Final Tips 20:12 Q&A Session   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson walks beginners through the foundational steps needed to launch an assisted living business within the next year. Brandon emphasizes the significance of having a clear vision, crafting a detailed business plan, performing thorough underwriting and financial modeling, conducting extensive market research, and setting up the correct legal entities with the help of an attorney. He also introduces various free resources available on their website, including an underwriting calculator, business plan checklist, and market research guide.  00:00 Introduction to the Podcast 00:34 Building a Strong Foundation 02:28 Crafting Your Business Plan 03:49 Mastering Financial Underwriting 04:51 Conducting Market Research 05:58 Setting Up Your Business Entity 06:50 Engage and Interact 08:44 Conclusion and Next Steps   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares valuable insights into the top markets for assisted living in 2024. He introduces his market research guide, which is part of his business planning guide course, and provides a detailed overview of how to identify the best locations for starting an assisted living business. Brandon discusses the importance of various market demographics, including median age, income, and housing costs, while also addressing regulatory considerations in different states. Additionally, the episode highlights the advantages of using existing facilities versus converting homes, and offers practical tips for those interested in launching their own assisted living business. This episode is packed with useful information for beginners looking to achieve time and financial freedom through assisted living investing. 00:00 Introduction to the Podcast 00:28 Top Markets for Assisted Living in 2024 00:39 Market Research Guide Sneak Peek 01:04 Host's Background and Experience 01:57 Research Process for Top Markets 06:01 Market Demographics Deep Dive 11:02 Top 10 States for Assisted Living in 2024 14:30 Community Interaction and Q&A 24:56 Challenges in Assisted Living Industry 26:41 Wyoming: A Top Choice for Assisted Living 28:55 Florida: A Popular Market for Assisted Living 32:21 Optimal Size for Assisted Living Facilities 35:10 Missouri: A Growing Market for Assisted Living 36:20 Filling Occupancy and Expansion Plans 39:32 Converting Properties for Assisted Living 43:37 Temporary Residents and Revenue Strategies 45:45 Finding Suitable Properties for Conversion 49:38 Conclusion and Resources   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson introduces listeners to a five-phase approach to launching an assisted living business. The phases include building a business foundation, finding the right property, securing funding, obtaining necessary licenses, and running and scaling the business. Brandon emphasizes the importance of having a solid business plan, conducting thorough market research, and understanding funding options. He also discusses regulatory requirements and offers tips for successfully opening and operating an assisted living facility.  00:00 Introduction to Assisted Living Investing 00:29 Phase 1: Building Your Business Foundation 04:21 Phase 2: Finding the Right Property 05:51 Phase 3: Securing Funding 07:10 Phase 4: Obtaining Licenses 08:48 Phase 5: Launching and Scaling Your Business 10:20 Conclusion and Recap   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a comprehensive guide for beginners on essential tools and apps for running an assisted living business effectively. Brandon offers insights into Electronic Health Records (EHR), payroll systems, meal planning solutions, grocery shopping options, bookkeeping software, and business credit cards. He also discusses the importance of building a solid business foundation and his mastermind program for launching an assisted living business within a year. Listeners are encouraged to subscribe, join the Facebook group, and utilize the resources available on the podcast's website. 00:00 Introduction to the Podcast 01:00 Host Background and Mission 01:55 Electronic Health Records (EHR) Overview 04:00 EHR Systems: ALIS, ECP, and ExaCare 07:03 Payroll Management with Gusto 08:19 Meal Planning with Grove Menus 10:04 Grocery and Supply Management 12:38 Bookkeeping Essentials with QuickBooks 13:59 Business Credit Cards for Assisted Living 16:47 Conclusion and Additional Resources   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson helps beginners understand the crucial role of vision work in launching an assisted living business within a year. Brandon discusses the importance of creating long-term and short-term visions, breaking down goals into actionable steps, and maintaining accountability. He recommends the book 'The 12 Week Year' by Brian Moran and Michael Lennington as a valuable resource and introduces the Assisted Living Investing Mastermind program for further guidance.  00:00 Welcome to the Assisted Living Investing Podcast 00:35 Importance of Vision Work 01:19 Breaking Down Vision into Manageable Steps 06:29 Creating and Achieving SMART Goals 11:09 Accountability and Progress Tracking 12:54 Recap and Final Thoughts 13:38 Conclusion and Resources   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners on creating successful partnerships in the assisted living business. He emphasizes the importance of building a strong foundation, crafting a solid business plan, and identifying potential partners such as family, friends, real estate investors, and local business owners. He also outlines the steps to approach partners, form entities, and maintain effective communication within partnerships. He encourages listeners to utilize the free resources available on the podcast's website, including a business plan checklist, and explore the mastermind program for further support. 00:00 Welcome and Introduction 00:16 Today's Topic: Creating Partnerships in Assisted Living 00:45 Free Resources and Mastermind Program 02:01 Building a Strong Foundation for Partnerships 04:15 Identifying Potential Partners 08:33 Approaching and Building Relationships with Partners 11:32 Structuring Your Partnership 14:12 Working Together Effectively 18:03 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses whether you should use a placement agency for your assisted living facility. He explains what placement agencies do and how they operate and draws parallels with the real estate industry. Brandon outlines the pros (such as getting more leads quickly and increased advertising) and cons (like high costs and the need for extensive follow-up) of using these agencies. He advises small facility owners to consider partnering with local placement agencies for better community engagement. Resources like the free underwriting calculator and business planning guide on the website are highlighted, along with additional support options, including the mastermind program. 00:00 Welcome to the Assisted Living Investing Podcast 00:28 Introduction to Placement Agencies 00:40 How Placement Agencies Work 05:41 Pros of Using Placement Agencies 06:56 Cons of Using Placement Agencies 09:28 Advice for Small Assisted Living Homes 11:00 Conclusion and Resources    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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a comprehensive guide for beginners on how to fill out an assisted living facility license application. Brandon emphasizes the importance of understanding the licensing process, which is state-specific, and shares insights based on his own experience of owning and operating two assisted living facilities. He also discusses the fees associated with the application, necessary supporting documents, and various types of licenses. Additionally, Brandon announces upcoming resources, including a free webinar and a mastermind program, to help aspiring assisted living facility owners achieve their business goals. 00:00 Introduction to the Podcast 00:16 Today's Topic: License Application 00:40 Community and Resources 02:12 Host Background and Expertise 03:06 Upcoming Webinar Announcement 04:41 Diving into the Application Process 06:23 Application Fees and Requirements 10:31 Detailed Application Walkthrough 25:32 Conclusion and Final Thoughts 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode, Brandon Gustafson guides beginners on how to create a lease agreement with an operator for an assisted living facility. He discusses the importance of a lease agreement, which outlines responsibilities and protections for both landlords and operators. Brandon advises viewers to consult an attorney to ensure compliance with state laws. He also highlights necessary lease components like insurance requirements and signatures. The video offers a free lease agreement template and emphasizes the value of using additional resources such as an underwriting calculator and a business planning guide. 00:00 Introduction to Assisted Living Business 00:23 Free Resources for Your Assisted Living Business 00:36 Understanding Lease Agreements 01:46 Creating a Lease Agreement 03:38 Legal Considerations and Resources 04:20 Who Creates the Lease Agreement? 06:36 Key Elements of a Lease Agreement 08:56 Conclusion and Additional Resources 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides beginners through the initial steps of launching an assisted living business, focusing on conducting effective market research. Brandon shares insights from his own experiences managing out-of-state facilities and emphasizes the importance of building a solid business plan. He introduces valuable resources, including a business plan checklist, market research tools, and a year-long mastermind program. Listeners are also invited to register for an in-depth webinar on August 14, 2024, where Brandon will delve into his assisted living launch formula. 00:00 Introduction to the Podcast 00:24 Brandon's Background and Experience 01:07 Mastermind Program and Webinar Announcement 02:19 Importance of Market Research 03:59 Choosing the Right Location 07:07 Base and Deep Criteria for Market Research 11:21 Competition Analysis 12:42 Feasibility Studies 15:11 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a detailed guide on creating an effective new hire file for staff at your assisted living business. He emphasizes the importance of this often-overlooked step in the business setup process, covering essential documents such as I-9 forms, tax forms, direct deposit forms, and emergency contact information. Brandon also highlights the benefits of maintaining both paper and digital copies for quick and easy access, especially important during employee surveys and compliance checks. He shares practical tips on using payroll vendors like Gusto, and offers resources for those needing additional guidance. The episode concludes with encouragement to subscribe for more valuable content and details on accessing free and paid resources to help launch your assisted living business within a year. 00:00 Introduction to the Podcast 00:17 Creating a New Hire File 00:55 Essential Documents for New Hires 01:49 Organizing and Storing Documents 03:06 Additional Important Documents 05:36 Why Documentation is Crucial 08:19 Conclusion and Resources 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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson guides listeners on how to find the perfect property for an assisted living business. The discussion covers building a solid foundation, identifying criteria such as the number of beds and types of care, and conducting thorough market research. Brandon emphasizes the importance of choosing between purchasing an existing facility or converting a home, and provides resources like business planning guides and profit path analysis tools. He also touches on the significance of understanding zoning laws, the benefits of working with commercial brokers and real estate agents, and the need to cultivate patience and persistence in the search process. Listeners are encouraged to utilize available tools and build relationships to find the best opportunities for their assisted living ventures. 00:00 Welcome to the Assisted Living Investing Podcast00:23 Introduction to Finding the Right Property01:09 Building Your Business Foundation03:37 Choosing the Type of Property07:25 Navigating Zoning and Regulations08:31 Market Research and Resources10:40 Leveraging Relationships and Patience14:47 Q&A and Final Thoughts23:41 Conclusion and Next Step   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson explores the differences between big box assisted living facilities and residential assisted living homes. He discusses the clinical, larger-scale environment of big box facilities and their higher profit margins versus the more intimate, home-like atmosphere of residential homes. Brandon highlights considerations for investors, including the operational and emotional aspects of each model. The episode also provides resources, including a free underwriting calculator and details about the mastermind program, to aid in launching an assisted living business. 00:00 Introduction to Assisted Living Investing 00:17 Big Box Assisted Living Facilities Explained 02:00 Investment Insights for Big Box Facilities 05:03 Exploring Residential Assisted Living Homes 07:10 Choosing the Right Assisted Living Option for You 09:03 Resources and Support for Your Assisted Living Journey 10:09 Conclusion and Final Thoughts   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 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson walks beginners through the process of building an assisted living facility from the ground up. He covers crucial steps, including finding the right property, understanding zoning requirements, working with architects, engineers, and contractors, and ensuring all necessary permits and licenses are in place. Brandon also shares his personal journey and experience in the healthcare industry and offers a wealth of resources, such as a free business plan checklist and details about his 12-month mastermind program. 00:00 Introduction to the Assisted Living Investing Podcast 01:01 About Your Host, Brandon Gustafson 01:45 Starting from Scratch: Finding the Right Property 02:39 Navigating Zoning and Approvals 04:10 Designing Your Facility: Size, Style, and Layout 06:51 Building Permits and State Licensing 09:31 Collaborating with Architects, Engineers, and Contractors 12:10 Starting Construction: Key Steps and Considerations 14:42 Final Steps: Licensing and Opening Your Facility 16:56 Conclusion and Resources   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 a free strategy call today: https://urlgeni.us/alistrat 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode, Brandon Gustafson guides beginners through the process of purchasing a single-family home and turning it into a residential assisted living facility. He discusses crucial steps such as purchasing the home, conducting market research, and developing a robust business plan. Brandon emphasizes the importance of zoning and fire department approvals before renovations, ensuring compliance with standards like FGI, and obtaining necessary licenses. He also highlights helpful resources, including a free underwriting calculator, a business planning guide, and his mastermind program. The episode aims to equip viewers with the knowledge to successfully buy, convert, and operate a residential assisted living facility. 00:00 Introduction to Assisted Living Business 00:22 Getting Started: Essential Resources 00:40 Step-by-Step Guide to Buying a Home 01:02 Market Research and Business Planning 01:58 Financing Your Purchase 02:33 Alternative Acquisition Strategies 03:33 Converting Your Home: Zoning and Approvals 04:51 Renovations and Compliance 06:53 Licensing Your Facility 08:17 Recap and Final Thoughts 09:18 Additional Resources and 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 a free strategy call today: https://urlgeni.us/alistrat 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram  

In this episode of the Assisted Living Investing Podcast, hosted by Brandon Gustafson, listeners learn about the crucial role of third-party service providers in enhancing the quality of care in assisted living facilities. Brandon explains various types of service providers, including healthcare professionals, personal care providers like beauticians and massage therapists, mental health workers, nutritionists, fitness instructors, elder law attorneys, and financial advisors. He emphasizes the benefits of forming partnerships with these providers to improve resident satisfaction and community referrals. The episode also highlights available resources on the podcast's website, including a free business plan checklist and information about their year-long mastermind program. 00:00 Introduction to the Podcast 00:26 Understanding Third-Party Service Providers 02:01 Healthcare Services Explained 04:00 Personal Care Services 06:19 Mental Health Services 08:31 Additional Service Providers 10:37 Conclusion and Resources   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 a free strategy call today: https://urlgeni.us/alistrat 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 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/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram