Episode 162 | Why Most Assisted Living Investors Fail in Year One (and How Not to Be One of Them)
Brandon discusses the common pitfalls faced by first-time assisted living entrepreneurs and provides actionable strategies to avoid failure. He emphasizes the importance of understanding the challenges of staffing, navigating licensing, managing financials, and creating a clear vision for success. The conversation is structured around five key areas that can significantly impact the success of an assisted living business.
Chapters
00:00 Introduction to Assisted Living Challenges
02:59 Staffing: The Core Challenge
07:14 Navigating Licensing and Regulations
11:43 Filling Beds: Realistic Expectations
16:01 Understanding Financials and Underwriting
20:41 Creating a Vision for Success
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