Understanding LLC and Key Legal Entities for Assisted Living Investing assisted living business business entity formation business structure forming an llc liability protection limited liability company llc benefits professional business setup s corp tax benefits s corporation Dec 12, 2024

Disclaimer: I am not an attorney, this blog is not legal advice and I suggest you consult with an attorney for your specific situation.

Starting an assisted living business is a big step! And choosing the right business structure—like an LLC, corporation, or partnership—is one of the most important...

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Can a 2 or 3 Bed Care Home Actually Be Profitable? assisted living business assisted living investment care home profitability residential assisted living starting a care home Dec 10, 2024

 

Welcome to the Assisted Living Investing Blog. I'm Brandon Gustafson, and I own and operate two assisted living facilities. I created this blog to help people like you learn the ins and outs of assisted living. 

In this blog, we're diving into a common question: Can a care home with just 2 or 3 ...

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Top Strategy for a Successful Residential Assisted Living Launch assisted living business assisted living finances assisted living in boise assisted living in nampa assisted living in treasure valley assisted living startup assisted living success extra operating capital operating expenses sba loan for assisted living underwriting calculator Nov 28, 2024

Starting an assisted living facility is super exciting, but it can also be tricky, especially if it's your first time. There's a lot to think about—hiring staff, getting licenses, and making sure you have enough money to cover all the costs. But here’s a little secret that can help you get off to a ...

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Quick & Easy Underwriting with My Calculator: Part 4 Guide assisted living business assisted living investing business plan checklist cash flow analysis financial calculator real estate underwriting investment strategy net operating income (noi) property value projections real estate syndication Nov 26, 2024

Starting your assisted living business can feel overwhelming, but the right tools make it simpler! With my Assisted Living Investing Calculator, you can easily get a handle on the numbers—predicting income, expenses, and even potential profits. Let’s walk through how this calculator works and why it...

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How I Use My Small Business Credit Card for Assisted Living assisted living business assisted living facilities assisted living financial management assisted living investing business credit card tips business credit cards credit card rewards managing expenses remotely Nov 01, 2024

Running an assisted living business can be tricky, especially when it comes to money. It's even harder when you're managing your business from far away. For my facilities, I've found that small business credit cards are super helpful. In this blog, I'll share how we use these cards to make our busin...

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Top Online Tools for Assisted Living Investing Success accounting tools for assisted living assisted living business assisted living tools cloud storage for small business invoicing software for assisted living payroll services for small business third-party apps for assisted living Oct 29, 2024

Running an assisted living business can feel like juggling a hundred balls at once. You're handling payroll, managing invoices, and making sure your staff gets paid correctly. It's a lot! But here's some good news: there are online tools that can make your life much easier. Let's talk about how thes...

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Quick & Easy Underwriting with My Calculator: Part 3 Guide assisted living business assisted living calculator assisted living investing business plan checklist financial projections hard money loans joint ventures limited partners mortgage calculator operating expenses projected financials seller financing Oct 10, 2024

Welcome back to our series on how to underwrite an assisted living business! In Parts 1 and 2, we covered the basics of our underwriting calculator. Now, let's dive into the exciting part: looking into the future of your potential investment.

Check out the video too:

Why Future Projections Matt...

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Partnering with Real Estate Agents for Assisted Living Success assisted living business assisted living facility commercial broker facility administrator property criteria real estate agent real estate investing real estate market senior housing Oct 03, 2024

Taking the leap and owning an assisted living facility is a turning point in your growth. Navigating the complexity of the commercial real estate market can be difficult, especially for individuals who are unfamiliar with the nuances. One of the most important aspects in this process is to work with...

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Assisted Living Operator: Key Responsibilities and Daily Life assisted living bookkeeping assisted living business assisted living business plan assisted living facility management assisted living operator delegating tasks in assisted living legal issues in assisted living managing assisted living facilities remote management in assisted living setting up assisted living facilities Oct 02, 2024

Let's explore the role of an assisted living home operator in healthcare and senior care. Running an assisted living facility involves more than just management; it enhances seniors' quality of life with daily care and support. Operators must balance healthcare regulations, staffing, and resident ca...

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Success in Multiple: Assisted Living Homes? Focus on WHO Not HOW! assisted living administration assisted living business assisted living facility management assisted living investing hiring administrators operating multiple facilities residential assisted living who not how Sep 19, 2024

This blog explores the complications of running multiple assisted living facilities in various states. Although managing such a vast corporation may appear daunting, it is doable with the right planning and people. We'll share thoughts and strategies for successfully navigating this complex landscap...

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Profit Potential: Assisted Living Business in 2024 assisted living business assisted living expenses gross income medicaid assisted living net income profit margins in assisted living starting an assisted living business Sep 02, 2024

The assisted living industry is an important aspect of our society and offers a big potential for entrepreneurs willing to take part and make a difference. This blog will teach you the ins and outs of profitability in the assisted living market. We'll look at the important aspects that influence fin...

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Is a RN Required for Your Assisted Living Business? Find Out Here! assisted living business assisted living care assisted living regulations nurse delegation in assisted living residential care home rn in assisted living start assisted living facility Sep 01, 2024

This blog will answer a common question: "Do you need an RN for your assisted living business?" This is a frequently asked subject, particularly among individuals with nursing backgrounds who want to work in assisted living. Having an RN on your team might be a game changer, but is it necessary? Let...

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