The Assisted Living Investing Podcast

In this episode, Brandon Gustafson explores the pros and cons of purchasing an existing assisted living business versus converting a home into an assisted living facility. He emphasizes the importance of creating a business plan and provides valuable free resources such as an underwriting calculator and business plan checklist. Key considerations include operational readiness, costs, licensing processes, and personal preferences. Brandon also shares insights on navigating negotiations, zoning, fire safety inspections, and potential renovation challenges. Viewers are encouraged to utilize additional resources and explore personalized help through strategy sessions and a mastermind program. 00:00 Introduction to Assisted Living Business 00:24 Free Resources for Your Assisted Living Business 01:01 Business Plan Essentials 01:53 Pros of Buying an Existing Facility 02:48 Cons of Buying an Existing Facility 03:56 Pros of Converting a Home 04:52 Cons of Converting a Home 06:35 Making the Right Decision for You 07:54 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 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, host Brandon Gustafson discusses how to start an unlicensed care home. Brandon introduces the concept of unlicensed care homes and outlines the foundational steps needed, including business planning, property selection, and funding. He highlights the key differences between licensed and unlicensed facilities, especially regarding regulations and operational procedures. The episode also provides insights into building legal structures, market research, and practical tips for aspiring care home operators. Brandon also shares resources available on the podcast's website and invites listeners to join a year-long mastermind program for in-depth support and guidance. 00:00 Introduction to the Podcast01:30 Understanding Unlicensed Care Homes03:20 Building the Foundation05:08 Finding the Right Property07:42 Securing Funding09:41 Operating the Business11:02 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 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 addresses whether a home must be wheelchair accessible to qualify as an assisted living facility. He discusses the requirements and considerations for making a home wheelchair accessible, including door widths, ramps, grab bars, and bathroom fixtures. Brandon also compares buying an existing facility versus converting a home and emphasizes the importance of city planning approval and fire department inspections. 00:00 Introduction to Assisted Living Business 00:38 Importance of Wheelchair Accessibility 00:53 Understanding Wheelchair Accessibility Requirements 02:03 Fire Department Inspections and Classifications  03:14 Options for Starting Your Assisted Living Business 03:19 Benefits of Buying an Existing Facility 04:14 Converting a Home for Assisted Living 05:36 Final Thoughts and Recommendations 05:59 Engage with Our Community 06:41 Additional Resources and Support 07:54 Encouragement 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 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, host Brandon Gustafson discusses important leadership roles within the assisted living business. He provides insights into the roles of owner, operator, and administrator and offers tips on how these roles interact and overlap. Additionally, Brandon introduces other relevant titles, such as executive director and manager. He also outlines practical advice for aspiring investors, including the benefits of management companies. The episode aims to equip beginners with the knowledge to launch their own assisted living business in the next year. 00:00 Introduction to the Podcast 00:53 Host's Background and Mission 01:24 Understanding Leadership Roles in Assisted Living 02:26 Deep Dive into the Owner Role 03:00 Exploring the Operator Role 04:48 The Crucial Role of the Administrator 06:38 Additional Leadership Roles and Management Companies 10:07 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  

Brandon Gustafson provides an introductory overview of Medicaid billing and coding for beginners launching their assisted living business. He explains the basics of Medicaid coding, emphasizing the need to understand state-specific reimbursement rates and the relatively simple process of billing Medicaid using a single code for assisted living services. Brandon also explores potential opportunities via parallel businesses, like transportation services. 00:00 Introduction and Overview 00:20 Free Resources and Tools 00:36 Understanding Medicaid Billing and Coding 01:03 Deep Dive into Coding 02:00 Deep Dive into Billing 04:13 Exploring Additional Billing Codes 06:52 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 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, host Brandon Gustafson offers a detailed look at the grant process, the specific purposes for which grants can be used, and the differences between for-profit and nonprofit considerations. He emphasizes the importance of aligning grant applications with the mission and goals of the grant providers. Brandon also provides valuable resources and discusses the need for proper documentation and reporting for grant compliance. Additionally, he mentions his free grant writing template available at assistedlivinginvesting.net/grants. The episode aims to help beginners in the assisted living business navigate the complexities of grant acquisition, providing them with practical tips and resources. 00:00 Introduction to the Assisted Living Investing Podcast 00:16 How I Secured a $1 Million Grant 00:30 Resources for Grant Writing 01:11 My Background and Experience 01:59 Understanding Grants and Their Purpose 03:53 For-Profit vs. Nonprofit Organizations 06:08 My Grant Success Stories 11:04 Finding and Applying for Grants 14:09 Grant Compliance and Reporting 16:35 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 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

Brandon Gustafson as he discusses whether you should pay your caregivers more for overnight shifts in your assisted living business. He compares the responsibilities of daytime staff versus nighttime staff, addressing common questions about caregiver compensation. Get insights into efficient staffing and pay strategies. 00:00 Introduction and Overview 00:41 Daytime vs. Nighttime Caregiver Responsibilities 02:56 Pay Rates for Daytime and Nighttime Shifts 04:03 Recap and Final Thoughts 04:23 Additional Resources and Coaching 05:33 Encouragement 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 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, host Brandon Gustafson shares insights on various insurance options relevant to assisted living businesses. Brandon covers the distinctions between Medicare, Medicaid, and long-term care insurance. He also explains the funding processes, application protocols, and the potential for creating a successful assistedmliving business. Special attention is given to common misconceptions and practical tips for leveraging these insurance programs to benefit both providers and residents. 00:00 Introduction to Assisted Living Investing 02:26 Understanding Medicare for Assisted Living 04:28 Navigating Medicaid for Assisted Living 09:27 Exploring Long Term Care Insurance 12:39 Handling Private Pay Residents 14:03 Other Funding Opportunities and Conclusion   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

We delve into the various levels of care in assisted living facilities, discussing their significance and how they affect both residents and operators. The topic covers the range of three to five levels of care, depending on facility structure, and how these assessments help set appropriate rates and identify staffing needs. Brandon will discuss each level, from minimal supervision to extensive assistance, providing examples and guidelines for effective resident assessments. 00:00 Introduction to Assisted Living Levels of Care 00:49 Importance of Assessments and Medicaid 03:22 Detailed Breakdown of Care Levels 03:44 Level One Care: Minimal Assistance 05:41 Level Two Care: Moderate Assistance 07:02 Level Three Care: Extensive Assistance 08:01 Additional Levels and Special Considerations 09:09 Transitioning Between Care Levels 11:53 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 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  

We're diving deep into the differences between licensed and unlicensed facilities. Understanding these distinctions is crucial for anyone considering entering the assisted living industry. Watch to learn which type might be best suited for your needs and business goals. 00:00:40:49 - Introduction to the topic 00:00:56:58 - Licensed Facilities Overview 00:01:15:48 - What is a Licensed Facility? 00:02:21:01 - Advantages of Licensed Facilities 00:02:39:25 - Challenges of Licensed Facilities 00:03:19:45 - Staffing Requirements in Licensed Facilities 00:03:39:25 - Unlicensed Facilities Overview 00:03:59:31 - Benefits of Unlicensed Facilities 00:05:13:57 - Limitations of Unlicensed Facilities 00:06:22:37 - Comparing Licensed and Unlicensed Facilities 00:07:21:16 - State Regulations and Trends 00:08:30:18 - Final Thoughts 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 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 podcaast, we explore how to secure over a million dollars in funding to launch an assisted living business. Brandon, who owns two assisted living facilities, shares his experience in obtaining over $1.5 million in SBA funding through strategic business planning and underwriting. Key steps include crafting a solid business plan, performing thorough underwriting, appraising the property and business value, and finally, finding a lender. The importance of each step is highlighted to ensure confidence and approval from lenders, investors, or partners. 00:00 Introduction to Securing Funding for Assisted Living Business 00:30 Importance of a Solid Business Plan 01:08 Understanding Underwriting and Its Role 02:20 Running Different Financial Scenarios 03:32 Evaluating Property and Business Value 05:36 Finding the Right Lender 06:40 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 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, Brandon guides listeners through the three primary paths to starting an assisted living business: buying an existing business, buying and converting a home, and leasing a property. Additionally, he touches on a fourth option, building a facility from the ground up. The episode covers important considerations like licensing processes, zoning requirements, funding options, and business planning to help you decide the best route for your assisted living venture. Tune in to gain actionable advice and find out how you can achieve time and financial freedom through assisted living. 00:00 Introduction to Assisted Living Investing 00:21 Host Background and Experience 00:55 Overview of the Three Main Paths 01:58 Path 1: Buying an Existing Business 05:20 Path 2: Buying and Converting a Home 12:01 Path 3: Leasing and Converting a Home 14:22 Bonus Path: Building from the Ground Up 15:01 Choosing the Right Path for You 17:31 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 of the Assisted Living Investing Podcast, host Brandon Gustafson walks beginners through the essential steps after being certified as a Medicaid provider for an assisted living business. Brandon discusses the certification process, including dealing with the governing Medicaid body in your state, filling out necessary forms, obtaining a certificate of insurance, and setting up bank information for direct deposits. He then elaborates on the importance of finding Medicaid residents and how to effectively market and create relationships with case management companies and other relevant organizations. Finally, he explains the billing process for Medicaid, highlighting the need for consistency and accurate record-keeping to ensure prompt payments. The episode concludes with a reminder to utilize available resources on their website, including free tools and a mastermind program to help you launch your assisted living business within a year. 00:00 Introduction to the Podcast00:15 Free Resources for Assisted Living Business00:32 Steps After Getting Medicaid Certification02:44 Understanding Medicaid Certification05:10 Finding Medicaid Residents08:01 Billing for Medicaid10:59 Recap and Final Thoughts11:51 Closing Remarks 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 of the Assisted Living Investing Podcast, host Brandon Gustafson discusses the importance of offering benefits to caregivers within a residential assisted living business. Brandon explores various benefits such as PTO, health insurance, 401k plans, mileage reimbursement, and bonuses, explaining how these can enhance employee loyalty and retention. He explains the practical aspects of setting up these benefits with payroll vendors like Gusto and highlights the regulatory requirements and cost considerations. Additionally, he touches on the potential tax benefits and the impact of these offerings on staff morale. Tune in to learn how to implement these strategies to create a supportive and sustainable work environment for your caregivers. 00:00 Introduction to the Podcast00:29 Today's Topic: Caregiver Benefits00:55 Types of Benefits to Consider03:00 Setting Up Benefits for Your Staff04:44 Legal Requirements for Offering Benefits06:23 Why Offer Benefits?07:44 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, we'll also dive into the different types of licenses available in assisted living and how they can impact your business. 00:00:00 Introduction to the Podcast00:00:18 Welcome and Focus of the Episode00:00:56 Brandon's Background00:02:05 Listener Engagement00:02:29 Types of Assisted Living Licenses: Basic Assisted Living License Limited Assisted Living License Enhanced Assisted Living License Memory Care License Extended Congregant Care License (SEC) Specialty Care Assisted Living License 00:12:13 Resources and Offers00:14:26 Listener Engagement00:15:00 ConclusionResources 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

Welcome to the first episode of the Assisted Living Investing Podcast! I'm your host, Brandon Gustafson, and I am thrilled to embark on this journey with you. In this introductory episode, I’ll share my background, the mission behind this podcast, and the five key pillars to launching your own assisted living business within the next year. Timestamps: 00:00:00 - 00:00:21 – Welcome and Introduction00:00:21 - 00:01:07 – Podcast Format and Future Vision00:01:07 - 00:01:32 – The Five Key Pillars00:01:32 - 00:01:57 – My Assisted Living Journey00:01:57 - 00:02:27 – My Professional Background00:02:27 - 00:03:13 – Teaching and Mentoring Experience00:03:13 - 00:04:26 – Why I Created Assisted Living Investing00:04:26 - 00:05:09 – Engaging with the Community00:05:09 - 00:06:00 – Building the Podcast and Other Resources00:06:00 - 00:06:39 – Helping Beginners Launch Their Business00:06:39 - 00:07:17 – Final Encouragement and Call to Action00:07:17 - 00:07:37 – Episode Wrap-Up Key Takeaways: Learn about the five essential pillars to launching an assisted living business. Gain insights into my background and why I’m passionate about teaching and mentoring in this field. Understand the mission of Assisted Living Investing and how it can help you achieve your business goals. 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