Episode 207 | Licensed vs Unlicensed Assisted Living: Which One Should You Start With?
👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake
If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back.
❓ Not sure where to start?
👉 Take the 30-second quiz: https://aliquiz.com
In this episode, I break down the definitive pros, cons, and hidden realities of operating a Licensed vs. Unlicensed Assisted Living Facility so you can stop spinning your wheels and confidently launch your business.
Chapters
00:00 - Introduction to the Licensing Dilemma
01:55 - Core Differences in Business Models
02:42 - Navigating Regulations and Premium Care Rates
05:16 - Maximizing Income Potential via Bed Capacity
07:15 - The Reality of Medication Management & Resident Care Levels
09:12 - Financial Planning: Expenses, Timelines, and Government Approvals
14:59 - Strategic Scenarios Where Going Unlicensed Makes Sense
22:27 - Property Modifications, Local Zoning, and Permitting Requirements
💼 Ways to Work With Me:
• Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation
• Roadmap Challenge (Right Fit?): https://roadmapchallenge.com
• Success System (Full System): https://assistedlivinginvesting.net/success-system
• LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience
📚 Free Resources:
• Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist
• Underwriting Calculator: https://assistedlivinginvesting.net/calculator
• Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda
• Grant Writing Template: https://assistedlivinginvesting.net/grants
• Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement
📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com
🛠 Tools I Recommend:
• Payroll (Gusto): https://gusto.com/i/brandon9590
• Amazon Storefront: https://www.amazon.com/shop/brandongustafson
(Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.)
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• Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting
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• LinkedIn: https://www.linkedin.com/company/assisted-living-investing/
🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/
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