Welcome back to the Assisted Living Investing podcast with your host, Brett Chotkevys. In this episode, Brett addresses a commonly heard myth in the industry regarding the passive nature of small assisted living facilities. He delves into the challenges and limitations of running a six-bed or eight-bed facility, highlighting the need for active involvement and debunking the idea of a hands-off investment. Drawing from his own experience, Brett shares insights on staffing, emergencies, and the crucial role of owner-operators in providing quality care. Discover how Brett has overcome these hurdles and established a more scalable and passive business model with a 16-bed luxury memory care mansion. Tune in to gain valuable knowledge and make informed decisions as you navigate the world of assisted living investing. Don't miss out on future episodes where Brett continues to share his expertise and behind-the-scenes insights into this thriving niche. Subscribe now and join us on this enlightening journey!

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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