Episode 134 | How I Solved Funding Issues for Assisted Living

In this episode of The Assisted Living Investing Podcast, Brandon Gustafson shares how to overcome common funding challenges when starting an assisted living business. Learn the essentials of building a strong business plan, mastering underwriting, building lender relationships, and staying resilient through rejections—all with practical tips and free tools to help you launch successfully.

00:00:00 – Introduction
00:00:47 – Overcoming Funding Obstacles: Business Plan Importance
00:01:08 – Launchpad Bundle & Business Plan Building
00:01:31 – Defining Your Market & Population Niche
00:02:17 – Market Research & Competitive Differentiation
00:03:32 – Essential Documents for Funding
00:04:15 – Coaching & Support Options
00:04:37 – Understanding Underwriting and Its Role
00:04:59 – Estimating Income in Underwriting
00:05:51 – Breaking Down Expenses
00:06:47 – Request for Audience Feedback on Expenses
00:07:12 – Calculating Net Income & Break-even Analysis
00:08:11 – Lender’s Perspective on Underwriting
00:08:55 – Reiteration of Free Underwriting Calculator
00:09:12 – Building Strong Lender Relationships
00:09:42 – Organizing Documents Efficiently
00:10:21 – Honesty and Transparency with Lenders
00:11:21 – Follow-up Etiquette and Communication
00:12:10 – Handling Rejections & Maintaining Persistence
00:13:33 – ALI Basics Community Invitation
00:14:49 – Outro & Additional Resources Reminder

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 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

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