Why is the Residential Assisted Living (RAL) model struggling? How has inflation impacted the profitability of small home conversions? In this episode of Assisted Living Investing, I explain why the RAL model is dead and how you can adapt to these changes.

I discuss the challenges faced by the RAL industry post-COVID. Why have staffing costs increased so dramatically? How has inflation affected expenses like food, utilities, and insurance? Discover why the traditional small home conversion model is no longer financially viable and why higher bed counts are necessary to turn a profit.

What strategies can you use to increase your income and offset rising costs? How does expanding to a 16-bed model maximize income and ensure quality care? Learn about the zoning and licensure changes needed to implement this model successfully. If you're looking for a sustainable and profitable approach in the assisted living space, this episode is packed with crucial insights and practical advice.

#Investing #RealEstate #AssistedLivingInvesting

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Check out some FREE Resources HERE: https://www.memorycaremansion.com

Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay

Have you ever wondered how you can run a successful assisted living business with just a few people on your payroll? How can you possibly offer all the amenities and services of a big facility with such a lean team? In this episode of Assisted Living Investing, I reveal the secret to maximizing profits while maintaining top-notch care for residents.

Join me as I get into the specifics of my staffing strategy. What roles do you actually pay for, and how do you leverage outside services to fill in the gaps? Learn how you can manage to keep your expenses low by hiring only non-medical personnel like managers, caregivers, and a chef. How do these roles compare to those in larger facilities, and why does this approach make financial sense?

Discover the innovative model that allows you to provide comprehensive care without the overhead of a large payroll. How do you bring in outside medical professionals and services without the cost burden? What impact does this have on the quality of care and the bottom line? If you're looking for a way to achieve financial freedom through assisted living, this episode is packed with insights and practical advice that you won't want to miss.

#Investing #RealEstate #AssistedLivingInvesting

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

Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay

Are you struggling with creating a diverse and appealing menu for your assisted living? Do you find it challenging to keep your residents happy with their food options? In this episode of Assisted Living Investing, I get into a comprehensive system for crafting an effective chef menu that caters to the unique preferences and needs of your residents.

How do you create a menu that satisfies everyone, even the pickiest eaters? Learn about a plug-and-play template system designed to simplify menu planning. Discover how to categorize and rotate meals to ensure variety and accommodate seasonal changes.

What if your chef is unavailable on certain days? Find out how to structure your menu so it remains consistent and high-quality, even on days when the chef is off. From easy-prep breakfasts to detailed dinner plans, see how you can maintain a restaurant-style environment with minimal food waste, ensuring that every meal is tailored to the preferences of your residents while staying within budget. Learn how you can create a month’s menu in just a few minutes. If you're new to this field or looking to improve your current operations, this episode is a must-watch!

#Investing #RealEstate #AssistedLivingInvesting

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

Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay