Episode 155 | Does House Size Matter for Assisted Living?

Summary

In this conversation, Brandon Gustafson discusses the critical factors to consider when investing in assisted living facilities, focusing on house size, layout, income potential, and the importance of due diligence. He emphasizes that while house size can be a factor, the layout and room count are more significant in determining profitability. Additionally, he highlights the necessity of understanding expenses and conducting thorough market validation to ensure a successful investment. The conversation concludes with a call to action for aspiring investors to seek guidance and resources to navigate the assisted living business effectively.

Chapters

00:00 Introduction to Assisted Living Investing

01:30 House Size vs. Layout: What Matters?

08:57 Understanding Income: Room Count and Pricing

14:24 The Importance of Underwriting

18:01 Market Validation for Assisted Living

23:28 Conclusion and Call to Action

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FREE Resources:

Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 

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Learn more about Brandon’s facilities at: http://www.beewellassistedliving.com/