Episode 94 | How to Accept Payments For Private Pay In Assisted Living
In this episode of the Assisted Living Investing Podcast, host Brandon discusses three primary methods for accepting payments from private pay residents in assisted living facilities: checks, credit cards, and ACH (Automated Clearing House). Brandon outlines the pros and cons of each payment method and offers practical advice on setting them up. He emphasizes the benefits of using ACH for its simplicity and reliability. Additionally, Brandon encourages listeners to leverage free resources like the underwriting calculator available at assistedlivinginvesting.net, and invites them to explore the year-long mastermind program for more in-depth guidance on launching an assisted living business. The episode concludes with a reminder to subscribe for more valuable content.
00:00 Introduction to Assisted Living Investing
00:17 Free Underwriting Calculator
00:35 How to Accept Payments in Assisted Living
01:01 Accepting Payments via Checks
02:30 Accepting Payments via Credit Cards
04:46 Accepting Payments via ACH
07:59 Recap and Final Thoughts
08:32 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 Basics: https://www.assistedlivinginvesting.net/basics
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
Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5
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/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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